Bitcoin SV, the breakaway crypto asset from the original Bitcoin Cash, welcomed a partnership with Zeux, a payment system which has now adopted the virtual currency onto its platform.
The cryptocurrency ecosystem is extremely competitive in terms of a virtual asset’s push for adaptability and mass implementation. Bitcoin SV, the eleventh largest cryptocurrency is the world, currently lacks the status and appeal to be adopted as a widely used digital currency, according to crypto enthusiasts.
However, Zeux, a London-based Fintech Company which offers efficient and instant cryptocurrency payments for its users, has now allowed Bitcoin SV holders to make transactions and payments at any place where Apple Pay or Samsung Pay is accepted.
Zeux foreign exchange pioneers an integration of all financial services for its dedicated users over the convenience of a single app. The company is FCA authorized and will launch a multi-functional application in April for its user base in Europe. The company is hoping to launch its product worldwide by 2020.
The company has also introduced the ZeuxCoin Token [ZUC], a loyalty holding token which will initiate cashback on all crypto purchases and a payment fees.
Calvin Ayre, Bitcoin SV proponent, welcomed the establishment with enthusiasm and stated,
“It is becoming increasingly clear from proof rather than talk that BSV is the only scalable coin out there. It is key to show the tangible utility of BSV. Being on-boarded by Zeux adds a very important layer for BSV as it can now be used to pay in people’s daily lives. It is a pivotal moment for mass adoption of crypto currencies. Very exciting times.”
Frank Zhou, CEO and Founder of Zeux, also commented on the newly formed partnership. He said,
“We’re delighted to add BSV to our payment portfolio. As one of the biggest cryptocurrencies this represents a big step forward to Zeux becoming the world’s first crypto mobile payment and investment app. I believe that, together, we can provide our customers with more personal financial freedom by combing the Fiat and Crypto worlds.”
Subscribe to AMBCrypto’s Newsletter
BitMax.io [BTMX.com] Announces Listing of Standard Tokenization Protocol [STPT]
BitMax.io [BTMX.com] has announced the listing of STPT, the native token of Standard Tokenization Protocol, a decentralized network for the tokenization of an asset.
Trading for the STPT/BTC and STPT/USDT pairs will be enabled on Tuesday, June 25th at 10:00 am EDT.
As part of the listing collaboration, the BitMax.io team will provide strategic support to the STP team throughout the platform launch.
Dr. George Cao, Co-Founder & CEO of BitMax.io, stated,
“STP is a necessary project for the overall space. Their focus on unlocking value and building an ecosystem of high-quality assets in this industry made our decision to list them very easy.”
With the listing of STPT, BitMax.io will strengthen its leading trading platform status by continuously adding solid projects, as well as provide more diversified global exposure to the Standard Tokenization Protocol.
About Standard Tokenization Protocol and STPT
Standard Tokenization Protocol’s STP-Standard is an open-source standard that defines how tokenized assets are generated, issued, sent, and received while complying with all necessary regulations. The protocol allows assets of all kinds to be tokenized in a way that makes them fully compliant across jurisdictions and transferable across any ERC20 platform.
Tokens built on top of the STP-Standard will use the protocol’s on-chain Compliance Validator to verify compliance with relevant regulations [i.e. KYC, AML, Accreditation, etc.] as well as any issuer-specific requirements [i.e. ownership concentration, holding periods, voting]. The Validator Committee will serve an advisory function to ensure the Compliance Validator is enforcing the most up-to-date legislation at all times.
About BitMax.io [BTMX.com]
BitMax.io is the industry’s next-generation digital asset trading platform that provides a broad range of financial products and services to both retail and institutional clients across the globe.
This innovative trading platform was founded by a group of Wall Street quant trading veterans and built upon the core values of blockchain, transparency, and reliability, to deliver high-quality client services and trading experience.
BitMax.io always strives to provide its global users with a comprehensive set of trading products. BitMax.io enabled margin trading on Feb. 14th, 2019. The margin trading function is another step forward from a product-offering perspective to better serve their dynamic trading needs.
For BitMax.io users who understand and acknowledge the risks involved in margin trading, they are now able to leverage their tradable asset for a potential higher return on investment through margin trading with sound risk management. The list of digital assets that can be traded on margin has increased from the initial four to 18 different tokens, even including BTMX.
It’s another pioneering move for BitMax.io to enable margin trading in its own native token. It expands the utility functions of BTMX, and incentivizes liquidity on the platform. [The margin trading function of BitMax.io is not available for North American markets.]
Similar to the innovative margin trading launched on BitMax.io, the introduction of this unique Volatility Card has again showcased the team’s deep understanding of the inner working of the capital market and their advanced expertise in financial product design.
BitMax.io Volatility Card is the first volatility-linked derivative product of this platform that allows global users to forecast and trade off price fluctuation of underlying major coins during preset time windows in a simple yet effective way. Named as Turtle and Bunny Card after Aesop’s fable – the Tortoise and the Hare, the card has a quasi-option structure for underlying trading pairs yet largely simplified payout form. Users can purchase a different card for the prediction of price movement either within a certain range [Turtle Card] or above a certain range [Bunny Card].
Those who predict the correct range of price movement will receive the payout equivalent to the notional value of the card. Volatility Card uses a simplified payout form without the complication of settlement and clearing issues common for real currency options. Users just simply select which card to purchase to trade on their view of the volatility of underlying asset either within or above a certain range.
It is easy to understand and use for all types of traders with the need for either very short-term momentum trading or partial risk hedging against outsized price swing in very volatile market conditions.
BitMax.io has experienced significant growth since its launch in 2018 and is deeply committed to providing a high-performance, client-centric trading platform to its global client base. Currently, the platform has over 180,000 registered users, with over 53,000 active community members. The listing of STPT not only broadens its trading pair scope but also helps to attract more volume and users to the platform.
For more information, follow BitMax.io on:
Subscribe to AMBCrypto’s Newsletter