HitBTC Lists Yuan Chain (YCC)

Yuan Chain (YCC) trading on HitBTC starts on March 27
27 March 2018   1294

HitBTC cryptocurrency exchange added Yuan Chain (YCC) to its market on March 27. YCC/BTC pair is available for trading.

About Yuan Chain

The Yuan Chain platform combines various innovative technologies, such as Hot Replacement Smart Contract and inter-blockchain technology, building a new blockchain network architecture. It features the decentralized characteristics of public blockchain while capable of having the high performance and privacy for which a permissioned blockchain is needed.

Yuan ChainYuan Chain

The main public chain on the YC Platform has the advantages of high stability, ease of usage, ease of connection, and high concurrency. The public chain has the advantage of high concurrency, the alliance chain has professional standard, and the private chain is personalised and has strong privacy. 

More:

  • Website
  • 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.