SOMA to release MVP

Decentralized marketplace platform SOMA is going to roll out its MVP app on June 25 to enable mobile trading
13 June 2018   630

Since April 2018 SOMA has been performing extensive testing on the upcoming MVP. The release is scheduled for June 25. The product enables a mobile trading using SOMA Wallet and a native token SCT. The official Telegram channel has the most updated status on the development progress.

Latest builds include features like:

  • wallet creation, balance check, management;
  • payment methods selection;
  • payment handling ;
  • chat lists with new message types;

The app is going to use the project's own Heimdall protocol for digital representation of physical items and their provenance. SOMA is a decentralized social marketplace and a free-market ecosystem. At the moment of the publication, SOMA market parameters are as follows:

Average price 0.151505 USD
Market cap 817,920 USD
Volume (24H) 6,231 USD

Binance to Launch Crypto-Fiat Exchange at Jersey

The new exchange will feature BTC / GBP, ETH / GBP, BTC / EUR and ETH / EUR trading pairs
16 January 2019   72

Binance has opened a branch at Jersey island, targeting Europe and the UK. Its clients will be able to trade Bitcoin and Ethereum for the euro and the British pound. 

The new exchange will feature BTC / GBP, ETH / GBP, BTC / EUR and ETH / EUR trading pairs. To start trading, users must undergo KYC verification.

According to Binance CFO Ju Wei, bidding cryptocurrencies for fiat money will provide Europeans with new opportunities in the face of uncertainty with Brexit affecting the euro and the pound.

Wei also stressed that a strong legal framework makes Jersey one of the leaders in the development of blockchain technology.