Bitfinex to Launch USDT Markets for BTC & ETH

Bitfinex reports new markets are launched as part of an exchange strategy to implement differentiated trading strategies
11 March 2019   416

Hong Kong BitFinex Cryptocurrency Exchange announced the launch of the first cryptocurrency trading pairs with USDT. The new BTC/USDЕ and ETH/USDЕ pairs are available for trading under the BTCUST tickers for Bitcoin and ETHUST for the Ethereum.

In a statement, Bitfinex says that new markets are launched as part of an exchange strategy to implement differentiated trading strategies and are aimed at “simplifying and optimizing the capabilities of interbash market-making in pairs with USDT”.

Up until today, Bitfinex offered USDT trading only against the US dollar, including with the leverage. The corresponding option was added in December 2018.

Recall that last week, the Tether Stablecoin Issuer and the developer of the Tron protocol announced a partnership, under which the USDT token will be launched on the Tron blockchain. The new asset will join the Tether family of steblokoins on Bitcoin and Ethereum blockchains.

Binance DEX to Launch Trading

Mithril is the first asset, that is trading on new platform; also, the exchange presented the listing rules for assets
25 April 2019   83

Binance DEX announced the start of trading in the Mithril token (MITH) together with Binance Coin (BNB). This is the first asset in the listing site.

At the same time, the exchange presented the listing rules for assets. So, anyone can release a token on the Binance Chain, but listing it to the marketplace takes place in several stages.

First of all, the issuer must place a listing application on the Binance Chain community forum, providing answers to a number of questions relating to the innovativeness of the project, its scope and other characteristics.

After that, the issuer must make a deposit in the amount of 1,000 BNB within two days, which will be returned later. Note that the listing of an asset on Binance DEX must be approved by at least half of the validators.