RightBTC Lists Dropil (DROP)

Dropil (DROP) trading on RightBTC started on March 29
29 March 2018   1555

RightBTC cryptocurrency exchange added Dropil (DROP) to its market on March 29. DROP/BTC and DROP/ETH pairs are available for trading.

About Dropil

A key aspect of the Dropil services is the automated smart trading robot platform, internally and externally referred to as Dex. This platform is not a single bot or strategy, but rather a carefully curated and tested set of automated bots – all designed and programmed 100% in house. 

DropilDropil

The strength of Dex is rather a system that allows very safe, strong net returns, with minimum user oversight. Dex supports running different modes which are a combination of logic optimized for specific tasks. Each mode contains a set of multiple strategies at its disposal and will automatically and autonomously switch to the most efficient strategy in reaction to market changes. 

DROP chartsDROP charts

Price at the moment of press: $0,005
24h volume: $117 200

All the information regarding new tokens and coins which are hitting the markets and exchanges in 2018 you can see in our calendar.

Gemini Wants to Trade Crypto Securities

The broker-dealer license appeal will be sent to Financial Industry Regulatory Authority, but experts believe the plans implementation can take some time
03 July 2019   1004

Gemini Bitcoin Exchange will apply for a broker-dealer license, which will allow it to operate as an alternative trading system and offer clients securities on the blockchain. It is reported by CoinDesk.

The appeal will be sent to the Financial Industry Regulatory Authority (FINRA).

Gemini has previously entered into a partnership with Harbor, a startup specializing in real-world assets tokenization, which gives institutional investors the opportunity to purchase securities using Gemini Dollar (GUSD).

However, now, as source familiar with the operating activities of Gemini said, the exchange plans to launch trading in similar instruments on its own platform. It is assumed that this will be securities from Harbor, as well as from other projects.

Implementation of these plans, however, may take quite a long time, so FINRA is in no hurry to approve applications for obtaining a broker-dealer license from cryptocurrency companies. Currently, the organization is considering about 40 such applications, while some companies have been waiting for 14 months to complete.

In April, Harbor raised $ 28 million in funding from a number of venture capital investors, including Andreessen Horowitz and Pantera Capital. In November of the same year, the company launched a platform for distributing security tokens, starting with the sale of shares in The Hub residential complex in South Carolina.