Surging demand for digital currencies is overloading many exchanges’ infrastructure, resulting in degraded performance and a halt to user signups.
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Surging demand for digital currencies is overloading many exchanges’ infrastructure, resulting in degraded performance and a halt to user signups.
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Over the past few months, cryptocurrency exchanges across the globe have been swamped with new customers looking to trade or acquire digital assets. Trading platforms have been having a hard time keeping up with the new registrants. Users are complaining that identity verifications are now required and take weeks to process, while some exchanges are […]
The post People Selling ‘Fully Verified’ Crypto-Exchange Accounts On the Rise appeared first on Bitcoin News.
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Many of the leading cryptocurrency exchanges such as Coinbase (GDAX), Binance, Bittrex, Bitstamp and Kraken have struggled in dealing with the abrupt surge in demand for cryptocurrencies.
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“Community” is a word that is synonymous with cryptocurrency projects, but aside expressing a desire to develop a strong user base, what does it actually mean? For exchanges, having a community-oriented model means consulting customers on new tokens, incentivizing participation, and creating a revenue-sharing system. Binance and Kucoin are two platforms that have tried this […]
The post Community-Focused Exchanges with Proprietary Tokens Are Prospering appeared first on Bitcoin News.
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A massive influx of new clients begging you to take their money is the best kind of problem any business could dream of having. Nevertheless, bitcoin exchanges are now having to cope with such a situation by finding ways to reduce the load. As a result new traders are left with fewer options as, one […]
The post Several Bitcoin Exchanges Are Closing Their Doors to New Traders appeared first on Bitcoin News.
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The South Korean cryptocurrency exchange affiliated with Kakao Talk has recently become the center of regulatory controversy. Upbit is the only major exchange in Korea that has not joined the other exchanges in support of self-regulation. Their agreement with Bittrex raises the question of how the regulation applies to them. Meanwhile, the exchange is having […]
The post Major Korean Crypto Exchange Upbit at Center of Regulatory Controversy appeared first on Bitcoin News.
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