Tokeninsight to Study Best Crypto Exchanges

The first place in the ranking was assigned to the Binance exchange
10 December 2018   1099

Analytical agency Tokeninsight presented an updated quarterly rating of Bitcoin exchanges, which reviewed their progress over the past three months in difficult market conditions and identified the best trading platforms to date. This is reported by Bitcoin.com.

The exchanges were evaluated on such indicators as trading volumes, security and compliance with legal requirements.

According to the study, the first place in the ranking was assigned to the Binance exchange. It is followed by Coinbase Pro, Huobi, Bitfinex and bitFlyer. The sixth place was taken by the Bitstamp exchange, the seventh - KuCoin.

Analysts say that over the last quarter, the number of visitors decreased in almost all sites, with the exception of Bithumb. The South Korean exchange, whose traffic and cumulative rating increased, nevertheless, was only in 12th place in the ranking.

OKEx's ranking in 8th place was lowered, in particular due to the fact that the exchange “has repeatedly unilaterally changed its trading rules during our rating period, including data rollbacks and modifying its contract delivery rules”

In the case of the BCH hard fork, Okex delivered the last transaction price of BCH contract ahead of schedule at 16:05 p.m. on November 14, 2018 (GMT+8), and issued an announcement only one hour in advance, causing unnecessary losses to a large number of investors.
 

Tokensight Report

Hitbtc, Kraken and Kucoin exchanges were raised on the contrary, while Poloniex and Gemini were among the seven platforms that hit the report for the first time. Some exchanges, such as the Hong Kong Fcoin, received low marks due to questionable operations involving fictitious trading and pumping volumes. 

DEAPCOIN IEO to be Held at OKEx on 8.04

The project is planning to raise $2M a the price of 1 DEP on IEO will be $ 0.0025
25 March 2020   1063

OKEx Exchange announced Wednesday the 11th initial exchange offering (IEO). It will be conducted by the DEAPCOIN Project (DEP) and will be held on April 8th.

As in previous OKEx campaigns, the selection of participants and the selection of the allocation coefficient will be carried out according to two criteria: the average daily balance of OKB and the trading volume on the exchange. For each of the groups, allocation of 400 million DEP tokens is allocated.

The price of 1 DEP on IEO will be $ 0.0025. Thus, the project intends to attract up to $ 2 million from OKEx users. Trading in USDT and USDK pairs will start on the same day.

The DEP token was released by DEAPCOIN to shape the economy around the PlayMining entertainment platform they are developing, where users can earn cryptocurrency during games. DEP is presented as an ERC-20 standard token, while game items on the blockchain will use the ERC-721 standard.

Despite the generally negative dynamics of the IEO space recently, the token of the previous placement of the OKEx platform - HyperDAO - that passed at the end of February is currently trading almost 3 times higher than the initial selling price.