New Exchanges opened in Thailand, Vietnam and Philippines

  The quantity of crypto exchanges is quickly growing: new platforms have been launched in Thailand, Vietnam and the Philippines
14 May 2018   207

Jibex (Thailand)

Crypto exchange Jibex has been opened in Thailand. The firm is supported by a distributor of computer hardware and IT trading products - IT company J.I.B. Computer Group Co. Ltd, with 150 shops. At the beginning, only 5 cryptocurrencies will be held: bitcoin, bitcoin cash, ether, litecoin, and ripple. More will be presented soon, according to Jibex CEO Thuntee Sukchotrat. A wallet supporting for those five cryptocurrencies is also suggested on the exchange.

Kenniex (Vietnam)

Kenniex has recently started in Vietnam, located in Ho Chi Minh City. The crypto exchange is declared to be “the first live cryptocurrency exchange in Vietnam…[and] the first e-money trading platform in Vietnam to have a trading office where investors can experience our services as well as receive effective investment advice,” according to the website. At present the clients can convert bitcoin and ether into VND and vice versa. The transaction fee is generally 0.4% but has been reduced to 0.2% for the first month of launch.

Coinvil (the Philippines)

This crypto exchange has not been launched yet at present. South Korean blockchain technology and services firm Glosfer and Coinvil have decided to cooperate in order to create and run a cryptocurrency exchange in the Philippines. Glosfer will found the platform while Coinvil will manage the exchange.

ACINQ to Release Lightning API For Bitcoin Mainnet

Strike is API for easy acception of Lightning network payments
25 May 2018   48

Developers from ACINQ presented a version of Strike API for Lightning-payments in the main bitcoin network.

Strike is an API for easy acception of Lightning payments. From a technical point of view, the service works as follows: ACINQ receives and aggregates incoming payments, and then periodically sends transactions to the recipient's wallet. In other words, companies can offer their clients instant and low-cost payments, receiving funds through the usual cash transaction.

We take a 1% fee on payments, and that’s it. Automated payouts to your Bitcoin wallet are free of charge, because we batch them among merchants. The threshold for automated withdrawals can be set between 0.1–1 BTC.
 

ACINQ

Also, users can make a payment to the wallet manually, however in this case you will have to pay a commission of 0.5 mBTC.

According to ACINQ representatives, although using Strike and assuming the need to trust a third party, the level of risk is minimal, since the service sends an onchain-transaction every time the total amount of payments reaches a user-adjustable threshold.

The developers noted that the Strike integration with the WooCommerce plugin is currently underway. In addition, ACINQ is considering the possibility of partnership with the Canadian Internet company Shopify, which specializes in developing software for online and retail stores. The company serves 500,000 trading companies with a combined turnover of $ 45 billion.