Gate.io Lists Sentinel Chain (SENC)

Sentinel Chain (SENC) trading on Gate.io stared on April 2
02 April 2018   568

Gate.io cryptocurrency exchange added SentinelChain (SENC) to its market on April 2. SENC/USDT and SENC/ETH pairs are available for trading.

About Sentinel Chain

The Sentinel Chain is a global B2B marketplace for financial services accepting the use livestock as collateral.

SentinelSentinel Chain

The Sentinel Chain addresses two main issues to be solved to allow the asset tokenization of livestock: First, the creation of a process that transforms livestock from ‘dead capital’ to a fungible asset with a transparent and clear defined value. Second, the creation of an open and transparent marketplace that connects the unbanked to the network of global financial providers. 

More: 

  • Website
  • Explorer
  • Whitepaper

All the information regarding new tokens and coins which are hitting the markets and exchanges in 2018 you can see in our calendar.

Bakkt Won't Support Margin Trading

CEO of a trading site shared new information about the platform
21 August 2018   114

The CEO of Bakkt trading platform Kelly Loeffler said that the site will not support margin trading, and all transactions will be fully secured with assets.

A critical element to price discovery is physical delivery. Specifically, with our solution, the buying and selling of Bitcoin is fully collateralized or pre-funded. As such, our new daily Bitcoin contract will not be traded on margin, use leverage, or serve to create a paper claim on a real asset. This supports market integrity and differentiates our effort from existing futures and crypto exchanges which allow for margin, leverage and cash settlement. 
 

Kelly Loeffler

CEO, Bakkt

Also, Kelly Loeffler told new details about the upcoming platform. Thus, at the present time, a robust framework for the creation of an exchange is being developed. This framework will have several important characteristics, including compliance with regulatory requirements of regulators, a transparent system of pricing for assets and infrastructure at the institutional level.

Parent company of the New York Stock Exchange (NYSE), one of the world's largest financial corporations Intercontinental Exchange (ICE) in partnership with Microsoft, Starbucks and BCG are engadged in creating Bakkt.

Bakkt's ecosystem will include federally regulated exchanges, custodian services, applications for merchants and users. Bitcoin, as the most liquid crypto currency, will be the first in the listing of the new platform and will be traded in pairs with fiat currencies.