Binance to Represent 2.0 Version

The key features of the updated desk are margin trading for everyone along with updated design
27 June 2019   597

Binance exchange introduced an updated version of the platform.

While #bitcoin is on a tear on price, Binance have rolled out Binance 2.0, with margin access to everyone.

In bear and bull markets, we #BUIDL!
 

Changpeng Zhao

CEO, Binance

In response to the posting of one of the commentators on new opportunities for bitcoin shorting, Changpeng Zhao also suggested that this is a rather bad idea in and of itself.

Recall that Binance can add margin trading to its platform, it became known in early May, and at the end of the month the exchange showed an updated interface with a new tab “Margin”.

On June 11, the exchange announced the start of the last round of closed testing of margin trading and invited users to participate in it. The offer, however, was limited to thousands of users.

The first liquidation of the marginal position in the framework of these tests took place on Monday, June 24th.

Nasdaq to Launch Index, Based on 100 Crypto Assets

Neural network, considering 200 different factors, helped to create the list of the assets tracked by the CIX100 index
16 October 2019   112

Nasdaq, the world's second largest stock exchange, has added the CIX100 index based on 100 crypto assets, reports CoinTelegraph.

When building a basket of hundreds of leading digital assets, the tool from Cryptoindex.com uses neural network algorithms that take into account more than 200 different factors. Such a comprehensive analysis allows, in particular, to exclude coins with fake volumes.

It is also known that the index draws data on transactions on the nine largest bitcoin exchanges, and also analyzes information from social networks and the media. Only those coins that last in the top 200 for at least three months can become components of the CIX100. The composition of the index will be reviewed monthly.

According to the developers, the index will be useful for both newcomers to the industry and professionals.