Poloniex now supports Bitcoin Cash

One of the most popular cryptocurrency exchange now supports the hardfork of Bitcoin
14 August 2017   3324

The Poloniex cryptocurrency exchange officially announced the addition of Bitcoin Cash to the listing. The asset is traded under the BCH and is available in pairs to BTC, ETH and USDT.

Accordingly, all users who had bitcoins on their accounts as of 13:16:14 UTC on August 1 received an equivalent number of BCH coins.

A few days before the Bitcoin Cash hotshot, the Poloniex administration refused to confirm future support for this cryptocoin, saying that such a decision would be made only after they were sure that they would be able to support the new chain without the risk of losing funds.

However, already on August 4, the exchange announced support for Bitcoin Cash.

The market reaction to this fact turned out to be quite positive: the average rate of the coin went up, reaching the high $ 327, according to Coinmarketcap. Now it's average price is $307.16

Poloniex BCH rate
Poloniex BCH rate

At the same time at the Poloniex the first hours of trading were accompanied by a rather high volatility: according to the exchange, the rate reached USDT 750 with a minimum drop to USDT 200.

Raven Protocol to be the First IDO at Binance DEX

Team cannot say exactly how IEO will pass, since similar campaigns hadn't been concluded at Binance DEX before, but they are going to sell $500k worth tokens
14 June 2019   344

The Raven Protocol cryptocurrency project announced about the planned initial exchange offering (IEO), which will be based on the infrastructure of the Binance DEX exchange - in this case the campaign will be called IDO or Initial Dex Offering.

Raven Protocol confirmed the right to list its token on Binance DEX paired with BNB on June 17 at 9:00 UTC. At the same time, the IDO of RAVEN tokens will start. The project draws attention to the fact that neither Binance, nor Binance Chain, nor Binance DEX stand behind this initiative.

At the same time, Raven Protocol notes that it cannot say how exactly IEO will pass, since with Binance DEX, similar campaigns have not been conducted before.

Potential participants need to pass a preliminary identification by sending to the address of founders@ravenprotocol.com their address in the Binance Chain, an identity document, a selfie and proof of residence.

In total, Raven Protocol expects to raise $ 500,000 by selling 3% of its own token emission (300,000,000 RAVEN). Accommodation will be on a first come, first served basis. The limit on the amount of investment for one user is declared at the level of 100 BNB.