Golem initiated a token migration from GNT to GLM to become an ERC-20 token. We’re glad to announce that CEX.IO will support this migration. The process will be automatic and our customers do not need to take any action.
To handle the migration, we will suspend GNT deposits and withdrawals and close GNT/USD, GNT/USDT trading on December 11, 2020. In a few days, we’ll transfer GNT to GLM at a 1:1 ratio and launch GLM trading.
So, if you have GNT tokens on your CEX.IO account, you’ll get the same amount of new GLM tokens instead. In fact, it will be the same cryptocurrency with just another name and certain characteristics.
Why does Golem migrate? Golem is migrating to an ERC-20 compliant standard. This is necessary for the functioning of the New Golem platform, which transaction framework is built on Ethereum’s Layer 2.
The current Golem token was launched at a time when ERC-20 was not so widely adopted. Nowadays, support of the ERC-20 standard allows the token to be used across a r..
Second only to Bitcoin in terms of market capitalisation, Ethereum is an open-source, blockchain-powered, distributed computing platform. Apart from its native cryptocurrency—Ether (ETH)—the platform enables Smart Contracts and Decentralised Applications (DApps) that are effectively censorship-resistant, tamper-proof, and have minimal downtime. Above all, they can function peer-to-peer—that is, without third-party intervention.
As a cryptocurrency, Ethereum has a similar function as Bitcoin, Litecoin, and so on. However, as an open-source “Virtual Machine”, Ethereum broadens the community’s scope for decentralised and distributed innovations.
In merely 5 years, Ethereum has grown manifold—from being among the pioneers of Initial Coin Offering (ICO) to becoming the framework for over 2000 decentralised applications. At the time of writing, Ethereum’s market capitalisation is over $54 billion.
This article discusses Ethereum’s journey since its launch, primarily by discussing the network..
Responding to numerous customers’ requests, we would like to inform you that CEX.IO will support the upcoming Spark (SPARK) Airdrop Program for Ripple (XRP) holders. To participate in SPARK token distribution CEX.IO will make a snapshot of all XRP balances on December 12, 2020. We will stop the XRP deposits and withdrawals before that, on December 11. Plan your trading activity accordingly!
Update on February 3, 2021 Since we’re receiving a lot of customer queries as to SPARK airdrop updates, we’d like to inform you about the current state of things on this matter.
As for now, we haven’t received any news about the date of Spark tokens distribution, or further plans from the project’s team.
What we are aware of is that the project has changed the token ticker — it’s now FLR instead of the previous SPARK. There is no info about the market data of Spark (FLR) at coinmarketcap.com since the FRL trading has not started at any platforms yet.
Some crypto exchanges launched trading of S..
The Uniswap (UNI) token is now listed on the CEX.IO exchange.
Those of you who participated in the recent Uniswap airdrop can now deposit your UNI tokens to CEX.IO and trade the UNI/USD, UNI/USDT, and UNI/ETH pairs. You can also instantly buy Uniswap (UNI) with your debit/credit card on the Buy/Sell page of the CEX.IO website or exchange it in the CEX.IO mobile app. UNI withdrawals are also available via both channels!
Special offer for market makers CEX.IO pays you for adding Uniswap (UNI) liquidity. The maker fee for the UNI/USD, UNI/USDT, and UNI/ETH pairs is negative (-0.15%)! So instead of paying up to 0.16% in trading fees, you’ll get a bonus of 0.15% to your CEX.IO balance.
The taker fee is 0.25% for all UNI pairs.
About the Uniswap protocol and UNI token Uniswap is an automated decentralized exchange protocol created on the Ethereum blockchain. It offers non-custodial trading of ERC-20 tokens.
Uniswap has two major features:
Swap allows users to convert Ethe..
Are you looking for crypto events to participate in or visit? Look no further! We’ve prepared a list of the exciting industry events happening throughout the world in Autumn, 2020. Be one of the first to learn about the latest news and get ready if you’d like to visit some.
ICT SPRING EUROPE When: September 15-16, 2020
ICT Spring 2020 is one of the most important technology events in Europe. It is going to unite experts in technology, business, marketing, etc. and create unparalleled possibilities for deep learning and networking. This event takes place in Luxembourg, and will come in the form of both conference and exhibition.
It’s a great chance to acquire digital knowledge from industry experts and get a better understanding of how the tech sector runs. Also, you can discover the influence of space-related technology on global markets and learn about the..
Summer is a great time to learn new things about blockchain and cryptocurrency. You can visit one of the upcoming blockchain events to learn about new tendencies and gain insights about technological advances in the sphere. Keep up with the latest trends in the industry! Finbank Innovation Conference & Expo When: August 26-27, 2020
Where: Kigali, Rwanda
Africa is now undergoing an upgrade of its digital economy through FinTech. And Finbank Innovation Conference & Expo is ready to become a platform where experts will meet to share insights on how to excel at this. The conference will bring together financial specialists, underwriters, microcredit organizations, and other industry players. The aim is to consider ways of boosting the African economy and provide powerful tools to fully deliver on its potential.
There will be more than 700 ..
Last time, the Trading Activity Contest was a blast. Competitive spirit in the air, traders taking the top placements in the leaderboard from each other just to lose them a day later! Not to mention that the participants have chosen some cool names that were fun to imagine! And while some really smart people were executing their trading strategies on the background, we could see the interstellar creatures, like AlbusDumbledore and Charmander, were in an epic battle with the sci fi characters, like blaxdev and TheLastNinja!
If you have no idea what we are talking about, check out the results of our first-ever CEX.IO Trading Activity Contest. And, why wait long to do it again? The leaders need to solidify their reign. The bottom of the leaderboard can come back with a sweet revenge. Those who did not get on the leaderboard before can give it another go and treat the previous one as a dress rehearsal. Finally, the bystanders of the previous contest can jump into the action, experience ..
On January 16th, we commenced our first-ever Trading Activity Contest. Anyone could join the race to win GBP-denominated prizes by simply actively trading on our platform. The idea was to keep it simple, and we chose the number of trades as a winning criterion. After all, it is the active traders who give the vibrancy to our markets. So we decided to celebrate them and to reward their work.
Of course, we knew that the cryptocurrency industry participants are quite inventive when it comes to participating in the competitions. So we placed a number of requirements to trades that can be qualified to participate. Among them, the minimum trade size – to avoid the inflation of numbers by micro-trades. The minimum days of participation and the maximum limit of daily trades – to reward the real effort and diligence. The final results (which, by the way, show an impressive activity!) reflect the trades that meet the contest requirements.
So here are the ninja traders – our winners who put up..