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Bitcoin.com Exchange Lists More Tokens for Trading

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Bitcoin.com Exchange was launched in early September 2019 as an easy-to-use platform with world-class safety and a strong buying and selling engine. The venue has quickly expanded its roster and now affords 27 completely different digital tokens for customers to commerce. Two of the most recent additions to the trade are ACD and HEX.

Additionally Learn: Gocrypto SLP Token Begins Trading on Bitcoin.com Exchange

ACD Token Added to Trading Platform

Bitcoin.com Exchange lately added to the buying and selling platform the ACD tokens created by a Tokyo-based firm of the identical initials. Alliance Cargo Direct is a know-how firm aiming to enhance worldwide e-commerce and logistics processes. Particularly, they’re targeted on serving to abroad prospects to purchase genuine Japanese merchandise instantly from Japanese suppliers.

In 2017 Alliance Cargo Direct developed the ANA mall app focused on the Chinese language market, which enabled Chinese language prospects to buy Japanese items conveniently and with none language limitations.

As a subsidiary of ANA Holdings, Alliance Cargo Direct leverages ANA’s logistics community to ship items to prospects rapidly and cost-effectively. Alongside their e-commerce resolution for Chinese language prospects, the know-how firm additionally affords a multilingual chat-service and a system which permits customers to clear customs previous to sending items. That is meant to allow as much as 30% financial savings in tax bills.

Bitcoin.com Exchange Lists More Tokens for Trading

In 2018 Alliance Cargo Direct introduced they might begin utilizing blockchain know-how and subject their very own token to handle challenges within the e-commerce market, reminiscent of lengthy transaction instances and excessive prices for any service provider desirous to promote Japanese items to the worldwide market. By implementation of blockchain know-how, they are going to present prospects with extra transparency and velocity through the cost course of when buying Japanese items.

When Alliance Cargo Direct first launched their token, the ACD, it was constructed on the Ethereum blockchain. Nevertheless, in March 2019, it was as a substitute built-in into the SLP ecosystem in collaboration with Bitcoin.com. The excessive transaction velocity and low-cost transactions of SLP has made it potential for ACD to be accepted by greater than 1,000 shops throughout Japan.

Just some weeks later, Alliance Cargo Direct introduced their first buy-back program in partnership with Bitcoin.com. Throughout this time, for each greenback that prospects spent in ACD or bitcoin money in any of the affiliate retail shops, a sure proportion of that buy could be used to buy-back tokens. This initiative is aimed toward growing liquidity in addition to including worth to ACD.

On November 26, 2019, Alchemy World Fee Options Restricted, a global cryptocurrency cost supplier that powers companies with hybrid cryptocurrency and fiat cost options, partnered with ACD to allow its tokens at each on-line and offline service provider networks of ACD and QFPay in Japan and throughout Asia. Alchemy will present their Hybrid Fee Answer to ACD e-commerce servicing platforms and retail retailers, enabling them to simply accept funds from prospects paying with ACD tokens and different standard cryptocurrencies reminiscent of BCH, BTC, ETH in addition to their digital pockets of alternative like Rakuten Pay, Alipay and Wechat Pay. Alchemy’s hybrid crypto and fiat cost system has been deployed at over 2000 service provider gross sales factors in Hong Kong and Singapore since July 2019.

Richard Coronary heart’s HEX Token Now on Bitcoin.com Exchange

HEX is a smart-contract on Ethereum that pays out curiosity in HEX tokens to any consumer who’s staking their token. It’s promoted by crypto influencer Richard Coronary heart who says he has recognized a number of flaws in different blockchains and is aiming to right these with the launch of the token.

The thought relies on rewarding token holders as a substitute of miners in addition to eliminating the necessity for a centralized social gathering as anybody can merely ship their token to the good contract to earn curiosity on it in a trustless method.

“HEX improves crypto by paying individuals to take possession of their Bitcoin non-public keys,” Richard Coronary heart twitted over the weekend. “HEX starves scams of consideration and referrers through the use of the identical and higher gross sales ways they do.”

Bitcoin.com Exchange Lists More Tokens for Trading

Staking rewards range relying on the provision of HEX that stakes. Estimates on the HEX official web site present that if only one% of the prevailing HEX provide engages in staking, traders may earn as much as 369% in curiosity. Within the case 10% of the overall provide is staking, the curiosity would drop to 36.9%.

In contrast to different tokens, HEX didn’t conduct a typical ICO however permits bitcoin holders to assert tokens for free. To say HEX, anybody with bitcoin of their pockets can use the HEX declare instrument to obtain HEX for free. The sooner somebody claims, the extra HEX they will doubtlessly be rewarded. Simply remember the fact that, in case you are fascinated about claiming HEX along with your bitcoin holdings and don’t need anybody to presumably be capable of know your transaction historical past, it’s at all times beneficial to make use of privateness instruments to obfuscate your transaction historical past earlier than taking any motion that may presumably lead again to you.

Anybody who doesn’t personal bitcoin should purchase HEX by sending ETH to the HEX good contract, very like every other ICO. The platform is incentivizing early adopters by rewarding them the next quantity of HEX than individuals who be a part of later. Based on the undertaking’s web site each function in HEX is “designed to extend … worth and adoption. It’s a optimistic Suggestions loop.” In abstract, the ultimate aim of HEX is to switch all present banks and funds suppliers sooner or later.

Trading for HEX began on Bitcoin.com Exchange December 13, 2019. The platform was launched by Bitcoin.com following a re-branding to characterize the imaginative and prescient of an inclusive crypto ecosystem, the place anybody can achieve financial freedom. The trade, as an addition to the prevailing monetary companies, affords new in addition to superior merchants a safe area to commerce their cryptocurrencies since September this 12 months. The platform employs institutional-grade encryption, two-factor authentication (2FA) and IP whitelisting to maintain consumer accounts safe always. Accessible digital belongings embody: ADA, ATOM, BCH, BTC, EOS, ETC, ETH, LTC, ONT, TRX, USDT, WAVES, XLM and XRP.

What do you consider Bitcoin.com Exchange’s continued development? Share your ideas within the feedback part beneath.


Pictures courtesy of Shutterstock.


Confirm and observe bitcoin money transactions on our BCH Block Explorer, the very best of its variety anyplace on this planet. Additionally, sustain along with your holdings, BCH and different cash, on our market charts at Bitcoin.com Markets, one other authentic and free service from Bitcoin.com.

Avi Mizrahi

Avi Mizrahi is an economist and entrepreneur who has been masking Bitcoin as a journalist since 2013. He has spoken in regards to the promise of cryptocurrency and blockchain know-how at quite a few monetary conferences around the globe, from London to Hong-Kong.

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