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   2119

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.

Bitifinex to Cooperate With Bitrefill

Exchange's users will be able to purchase products from the Bitrefill catalog with help of Lightning Network
05 December 2019   152

The Bitfinex cryptocurrency exchange has entered into a partnership with the service of replenishing mobile accounts and gift certificates Bitrefill.

Using Lightning Network (LN) technology, Bitfinex users will be able to purchase products from the Bitrefill catalog, which includes more than 2,000 digital gift cards and options for replenishing mobile accounts.

As soon as the user pays for the goods using Bitcoin, Bitfinex and Bitrefill automatically settle through the LN network, which makes transactions cheaper and much faster.

Bitcoin’s use as a means of payment represents an important milestone in the inevitable journey towards mass adoption. This is why the Lightning Network is so important. As an exchange, Bitfinex is at the forefront of developing solutions utilizing this technology.

Paolo Ardoino

CTO, Bitfinex

On December 3, Bitfinex integrated payment support through the Lightning Network.