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cryptonews-pro · 2 years
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State of Decentralized Finance Remains Lackluster, Value Locked in Defi Slid 67% in 6 Months – Defi Bitcoin News
State of Decentralized Finance Remains Lackluster, Value Locked in Defi Slid 67% in 6 Months – Defi Bitcoin News
During the last 125 days or roughly four months, the total value locked (TVL) in decentralized finance (defi) has been range bound within the $50 billion to $65 billion region. The TVL in defi has shed significant value during the past six months as it dropped from $161 billion on April 1, down more than 67% lower to today’s $51.72 billion. TVL Dropped More Than 67% in 6 Months, Defi Market…
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cryptonews-pro · 2 years
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Ethereum Price Prediction for Today, October 22: ETH Holds
Ethereum Price Prediction for Today, October 22: ETH Holds
Join Our Telegram channel to stay up to date on breaking news coverage ETH Hikes Relatively – October 22ETH holds tightly around the $1,250 line against the US Dollar worth. Over fifteen hours of today’s trading session, the price has denatured between $1,315.85 and $1,294.87 value lines as the current percentage rate of trading is at 1.18 positive. ETH Hikes Relatively: ETH MarketKey…
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jacobhinkley · 6 years
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Koinex a crypto-to-crypto platform adds 15 more tokens to the platform
Koinex a crypto-exchange platform based in India has added 15 tokens to the platform on 27th April at 10 pm. The company is run by Rahul Raj and has a market trading capital at Rs. 24 crores ($ 3.6 million).
Koinex made an official statement on their website that the company has introduced a crypto-to-crypto trading which will be available on the webpage as well the mobile app.
The company is the largest exchange platform of cryptocurrency that runs on a peer-to-peer network with many tokens to offer. The company’s Twitter page was painted with users’ criticism about the trading fees being high. Reportedly the buying fee was 0.20%, so was the selling price which was considered too high in the crypto trade-sphere.
In the special trade launch of tokens at 10:00 PM today it will provide the users with free of cost trading with the availability of two major markets i,e. Bitcoin and Ethereum and ensuring tokens such Ethereum, Litecoin, BTC, EOS, TRON, etc.
The team also described their trading platform works on a peer to peer network as per RBI’s directive for barring banks from transacting with crypto-traders. Peer-to-peer service is a reformed decentralized platform that allows individuals to interact directly with each other without any intermediaries involved.
This kind of network is being propagated in the crypto-trade market as it inhibits the third party out of the picture.
Kamal Batra on Twitter commented saying, {translated from Hindi}
“It is not going to be fun anymore. I used to earn by dealing with ripple and other coins by selling and making a profit margin of for example; Buying Ripple at Rs.52.5 and selling it off for Rs.53.5. Now the profit is gonna be low because of the high selling and buying price”
Gurpreet another Twitterati says,
“By charging heavy fees on both buying and selling u will kill the trading. Just an advice”
Aman Kedia says,
“The current buying price is 0.20% and selling price is the same. Binance’s trading fee is just 0.1, koinex’s trading fee 0.2 (JUST DOUBLE)”
Cray man Crypt a crypto-enthusiast says,
“Good to hear the positive move from your side by introducing Crypto to Crypto trading, but introducing charges on both buy and sell using INR is not a good move, as the trading speed is dramatically down. Please remove the transaction charges from sale orders.”
The post Koinex a crypto-to-crypto platform adds 15 more tokens to the platform appeared first on AMBCrypto.
Koinex a crypto-to-crypto platform adds 15 more tokens to the platform published first on https://medium.com/@smartoptions
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