In today’s edition of The Daily we feature a number of recent developments by popular cryptocurrency exchanges. These include an educational platform by Coinbase, a communication tool for OTC traders from Okex, an important ticker update by Coinex, and an investment by ZB.com.
Learn and Earn
Coinbase has announced a new initiative meant to incentive people to learn more about cryptocurrencies. The Coinbase Earn educational platform will reward users with tokens for completing various tasks such as watching videos and taking quizzes on crypto-related content.
The service has launched in invite-only mode with just a single asset for now, but Coinbase promises that over time it will add more options. Users who received an invite by email can already go to the ZRX page to earn small amounts of cryptocurrency. Anyone else can view the educational content on the page for free, as well as sign up to a waiting list to be notified as more educational tasks are available.
“We think Coinbase Earn could help open up blockchain access to a new group of users: people who are curious about digital assets, but who’d like to try them out for free just like a normal web or mobile app. By serving that need, we hope to make blockchain more accessible in the process,” the team commented. The exchange also revealed that for the first set of tasks, funding is unsurprisingly coming from the 0x external development pool.
Okex, the Malta-based cryptocurrency exchange supporting fiat currencies such as Vietnamese Dong and Chinese Yuan, has announced it’s launched an instant messaging service. Developed for its over-the-counter trading (OTC) platform, the new feature allows users to establish direct communications between buyers and sellers.
The instant messaging service allows traders to send and receive messages in real-time with their counter-party on Okex’s website and mobile applications. The apps are available for both the iOS and Android operating systems, and the developers say that by enabling push notifications, traders will be alerted immediately through their mobile devices once they receive any updates.
Coinex Updates BSV Ticker
Hong Kong-based cryptocurrency exchange Coinex has changed its Bitcoin SV ticker from “BCHSV” to “BSV”, announcing that from now on “BCHSV” will no longer represent the Bitcoin SV token on the platform. Founded in December 2017, the company counts mining giant Bitmain among its investors.
With this move, the exchange reaffirms that it expects users to understand that BSV is no longer related to Bitcoin Cash (BCH) in any way following the recent hard fork. Coinex was among the very first exchanges that opened withdrawals for both BCH and BSV following the fork, providing an easy way for holders to split the two cryptocurrencies.
ZB.com Partners Gaming Project
Hong Kong-headquartered cryptocurrency exchange ZB.com has recently announced an expansion into the European Union with the launch of the Malta-regulated ZBX.com. To make a concerted effort to attract new Western users, the company has announced it is investing into select crypto projects, the first being Clovr.
Founded by a team of executives and developers with experience from King.com, Uber and Y Combinator, Clovr has developed an esports token to tap the market of 3.5 million real-money players engaged with licensed online casinos.
“We believe there is a large upside for projects with access to sizeable daily active user bases,” noted ZB.com co-founder Jimmy Zhao. “User adoption is crucial to the long-term value creation of cryptocurrencies. We think CLOVR could be the most used crypto of 2019 since their tokens can be purchased by an existing large and engaged esports and iGaming online user base.”
Ledger Adopts Crypto.com Pay
Ledger, the Paris-headquartered hardware wallet manufacturer, has announced the signing of a deal to adopt a new cryptocurrency payment solution, Crypto.com Pay. Once the service is implemented onto Ledger’s online store, customers will have the option to purchase products at checkout by opening the Crypto.com wallet and card app, scanning a QR code, and selecting the desired cryptocurrency to be spent.
Éric Larchevêque, CEO of Ledger, said: “Our customers understand the everyday utility of cryptocurrency, and as a leading cryptocurrency asset hardware wallet provider, it is a natural step for us to provide a cryptocurrency payment option. We support what Crypto.com is doing to lead the industry forward with its vision of cryptocurrency in every wallet. We feel this payment option is just what our customers are seeking.”
What do you think about today’s news tidbits? Share your thoughts in the comments section below.
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