NAGA to release an improved trading platform

A new Web-Trader, a state-of-art trading platform with all the ecosystem features is rolling out on June 22
20 June 2018   1173

A live release of Naga Trader's brand new Web-Trader is going take place on June 22. In partnership with TradingView the trading experience will be doubled with the top-notch charts. The release will feature the following:

  • A state of the art code base
  • Full Real-Time Pricing service
  • Mobile responsive for all devices
  • White-Clean Design
  • Trading with extensive Charting, AutoCopying and Leaderboard

Until all the new features are finalized, users will be able to use both the old and the new platforms. The Naga Coin is a decentralized cryptocurrency for trading and investing in financial markets, virtual goods and cryptocurrencies. It shall become the driver of a sustainable economy where demand grows as more and more users, financial institutions, and game-publishers join the NAGA ecosystem.

Price-wise, Naga characteristics are as follows:

Average price 0.339047 USD
Market cap 19,553,633 USD
Volume (24H) 2,743,190 USD

Binance Singapore Unit to Apply For License

Under the new law, aimed at regulating crypto paymetns and trading, firms must register with the Monetary Authority to receive a license
17 February 2020   298

Binance, a Singapore-based cryptocurrency exchange unit, has applied for a license under the new Payment Services Act, which entered into force on January 28.

We have already applied. We submitted the application pretty fast. Binance’s Singapore entity has been in close touch with the local regulators, and they have always been open-minded.

 

Changpeng Zhao

Founder and CEO, Binance

Under the new law, crypto companies in Singapore must register with the Monetary Authority and receive one of three licenses: an exchange of money, a standard or large payment institution. The measure is aimed at regulating payments and crypto trading using requirements for participants in the traditional finance industry. Zhao did not specify which of the licenses Binance Singapore chose.

Binance has been offering crypto-fiat trading services in Singapore since April 2019 and works with eight coins, including Bitcoin, Ethereum and XRP. The trading platform is supported by Vertex Venture Holdings, a venture division of Singapore's Temasek Holdings.