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Bitfinex announces addition of 12 new ERC 20 tokens for trading

Abhishek Anil

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Bitfinex announces Introduction of 12 new ALTcoins
Source: Pixabay

Bitfinex has given notice of adding trading pairs for 12 new altcoins. The tokens to be issued are ERC-20 tokens. ERC-20 tokens are a list of common rules that the tokens have to follow, this is used to help developers in predicting how the tokens would function in the larger system. The newly supported altcoins include:

  • Aion [AION]
  • Iostoken [IOST]
  • Request Network [REQ]
  • Raiden Network [RDN]
  • Loopring [LRC]
  • Bnktothefuture Token [BFT]
  • Cofound.it [CFI]
  • Wax [WAX]
  • Singularitynet [AGI]
  • Medicalchain [MTN]
  • Odem [ODEM]
  • Dai [DAI]

Bitfinex has announced that the newly added tokens will be tradable against BTC, ETH, and USD. A trading pair is a term in cryptocurrency which describes trade between one cryptocurrency and another.

Jean-Louis var der velde, the Chief Executive Officer of Bitfinex in a statement on their Medium account, said that they were excited to be taking the extra step to accommodate the needs and expectations of the traders in Bitfinex and assured that they will continue to expand the accommodation needs of traders in the future as well.

He added:

“We are proud to introduce these as we believe that each token serves to strengthen and enliven a unique aspect of the global blockchain ecosystem, and will offer new and exciting trading options for our users.”

They have also announced support for Dai. Dai is a decentralized token that is built to emulate Ethereum. This listing is noteworthy as Dai shares the same board of directors as Tether. The exchange stated that Dai will be available against BTC, ETH, and USD and has not ruled out a possibility of adding additional DAI pairs.



Mr. Velde had stated the introduction of a large selection of tokens which represents a varied group of blockchain related projects has bought a boost for Bitfinex.

He added:

“We are proud to introduce these ….as we believe that each token serves to strengthen and enliven a unique aspect of the global blockchain ecosystem,….and will offer new and exciting trading options for our users.”





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Bitcoin

John McAfee says he will reveal Nakamoto’s identity, Coinbase expands to 11 countries, and more

Priya

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John McAfee says he will reveal Nakamoto's identity, Coinbase expands to 11 countries, and more
Source: Unsplash

Daily Crypto News – April 18

1. John McAfee on Satoshi Nakamoto: The Founder of McAfee Associates stated that he would narrow down on the identity of Satoshi Nakamoto until he reveals Satoshi himself, otherwise he would reveal his identity to the crypto community. He also spoke about how he knows about Satoshi, to read about it, click here!

2. Coinbase expands its services to more countries: The leading exchange platform announced that it expanding its services to 11 more countries, which includes India, South Korea, and New Zealand. People in these countries can avail services provided on Coinbase.com, Coinbase Pro and its app on iOS and Android.

To know more about the countries Coinbase has expanded to, click here!

3. Craig Wright says the crypto-community want to silence him: Craig Wright, the self-proclaimed Satoshi Nakamoto, stated that the majority of the community was against him as they “desire to silence” him because they see someone who would bring an end to scams and pumps and dumps.

He also spoke about the next steps he would be taking in terms of the legal action concerning his defamation case. To read about it, click here!



4. Binance “marks the birth of a new genesis block”: The largest cryptocurrency exchange in terms of trade volume announced the launch of its Decentralized Exchange, and also stated that the mainnet swap would take place on 23 April 2019.

To read more about Binance DEX, click here!





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