UPcoin Exchange to Hit The Market

More than 1000 trading pairs will be available from March 1 on UPcoin exchange
28 February 2018   757

UPcoin exchange is going life on March 1, promising to let its users buy and sell crypto without limits on its platform. More than 1000 trading pairs will be available from the start, and every week UPcoin will add new coins.

Moreover, the users will be able to buy or sell tokens of the most profitable ICOs. 

Upcoin launch countdown Upcoin launch countdown at the moment of press

There will be the withdrawal fee of 0,2% on the exchange, and all internal trades will cost anywhere from 0,1 to 0,2%. In 6 days, UPcoin had over 400K registrations, which proves that people are in support of the features presented by the platform.

Key features:

  • Anti-DDOS protection: Backup AntiDDoS channels of up to 1000 Gbit/sec
  • Global Presence: UPcoin servers are located in 4 global regions to ensure fast server responses irrespectively of your location
  • Exchange tested by hackers: Independent auditors are constantly testing the systems to maintain top-notch security level
  • Employees protection: UPcoin protects not only the exchange but its employees as well, which should reduce the risk of getting hacked via “social engineering”

The UPcoin is set to be launched on March 1, 2018, after the beta is officially completed and all changes are made. Deposit to the platform and real-time trading will begin at the moment of release.

Coinbase to Issue New Statement

As reported, company says it was wrong about SEC approval of acquisitions of Keystone Capital Corp., Venovate Marketplace Inc. and Digital Wealth LLC
18 July 2018   123

Vice President of Communications of Coinbase Rachel Horwitz denied the information that the company received approval from the Securities and Exchange Commission of the United States for a deal to buy brokerage companies. This is reported by Bloomberg.

It is not correct to say that the SEC and FINRA approved Coinbase’s purchase of Keystone because SEC was not involved in the approval process. The SEC’s approval is not required for the change of control application. Coinbase has discussed aspects of its proposed operations, including the acquisition of the Keystone Entity, on an informal basis with several members of SEC staff.

Rachel Horwitz

Vice President of Communications, Coinbase

On Monday, a spokesman for Coinbase said that the company received permission from the SEC and the Agency for Regulation of Financial Institutions (FINRA) to purchase Keystone Capital Corp., Venovate Marketplace Inc. and Digital Wealth LLC.

However, despite the refutation from Rachel Horwitz, Coinbase still intends to obtain a license to carry out brokerage activities.