Gate.io to Launch GT Trading

The rate of GT had already risen in one and a half times
22 April 2019   306

Gate.io launched on Sunday, April 21, trading with its internal token Gatechain Token (GT). The new coin is trading in GT / USDT and GT / BTC pairs.

Trading is taking place in GT / USDT and GT / BTC pairs. The rate of GT has risen in 1.5 times.

GT Token will become own currency of Gatechain, the upcoming blockchain. It will also be used to participate in the initial exchange offerings on the own platform Gate.io.

Earlier, Gate.io announced its first IEO, which will be conducted by CNNS.

Also, the exchange called the second project for IEO. The campaign is organized jointly with the startup DREP, which is focused on creating tools for developers of decentralized applications, with which they can, without any extra effort, release their own assets in various chains, create wallets and trading platforms. IEO of DREP is scheduled for April 25th.

Coinone to Join RippleNet

Coinone and Ripple cooperation started in May 2018, and now exchange believes it will help to create wide range of blockchain based financial services
18 June 2019   172

The Korean exchange Coinone, a member of the Big Four of Asian cryptocurrency exchange platforms, has joined the RippleNet network, AMBcrypto reports. Through participation in RippleNet, Coinone will be able to use Ripple's xCurrent solution to provide interbank services to its customers.

Coinone CEO Shin Won Hee, in a conversation with local media, said that his company would rely on cooperation with SBI Ripple Asia in creating a wide range of financial services based on blockchain technology.

According to the media, Coinone was the first exchange in South Korea, which joined RippleNet. As part of the cooperation with SBI Ripple Asia, Coinone intends to “organize overseas remittance events for 3,000 new subscribers to the block chain overseas remittance service.”

Coinone and Ripple started working together in May 2018, when the company integrated xCurrent solution into its own payment service called Cross. According to updated data, customers of the exchange can send transfers to eight Asian countries through the system, taking advantage of reduced commissions.

Earlier this month, Siam Commercial Bank, the largest commercial bank in Thailand, said it would use XRP cryptocurrency in its operations, but later, for unknown reasons, refused this statement.