Premine market update: ceasing trading and delisting the token

Dear traders,

Our main goal is to continue providing you with the richest choice of valuable instruments. We are constantly keeping our markets list up to date, tracking activity on each market and keeping an eye on major events taking place in crypto industry.

Premine (titled as PRE) markets have been losing their popularity recently. Eventually there were no trades performed at all, overall trading volume dropping to zero.

Furthermore, these markets have been serving as a source of possible confusion, since the Presearch project has also been historically using the PRE ticker. We have been receiving a lot of requests from our community to take action and change the PRS ticker to PRE.

Following those requests and keeping in mind the importance of keeping our stock up to date, we have developed the following course of action, coordinating it with all parties involved:

On the 16th of January:

  • Premine (PRE) will be removed from the terminal, trading process being suspended. All placed orders are going to be cancelled;
  • Premine deposits will be switched off;
  • Account balance and withdrawal option will be available until 23rd of January, 2018.

After 23rd of January, 12:00 UTC, Premine withdrawals will no longer be available in the account interface. You’ll be able to perform a withdrawal upon request to our support team.

Important:

Please mind that on January 23rd, the ticker PRE currently used for Premine will be transferred to the token Presearch (PRS at the moment of publishing the article). Presearch will be titled as PRE.

We remind you about the importance of checking the full currency name before taking any action with it. The full currency name is available in your account section.

We are grateful for your understanding and support in keeping HitBTC an exchange with the best choice of trading instruments.

Respectfully,

HitBTC

 

Introducing System Health Page

Dear traders,

 

Transparency and reliability are among HitBTC core values since its launch in 2013. We want to keep being a trusted partner for our traders and relentlessly seek new ways to do it.

 

We are proud to introduce System Health page to provide you with timely updates regarding current state of HitBTC systems and services. It is a tool enabling our traders to monitor availability and performance on our platform in real time.

 

The page currently includes the following information:

 

  • Status for Deposits for every currency along with the number of pending deposits.
  • Statuses for Transfers, Withdrawals and Trading
  • The number of withdrawals processed by HitBTC and waiting to be confirmed by the network
  • Number of withdrawals waiting to be processed by HitBTC
  • Maintenance status for the currency

 

System Health page is in alpha state and will be further improved to provide maximum transparency in accordance with our high standards and allow deeper insight into the functioning of the platform.

 

We would like to take a chance to note that our approach to resolving the problems is cause-oriented. If we encounter a malfunction, we go beyond treating the symptoms, but identify and fix the root causes. It is often significantly more energy and time-consuming, yet we stick to it because it helps us build a solid base for the future.

 

Respectfully,

HitBTC Team

 

CLOUT – a New Step of Media Evolution

Dear traders,

 

Please welcome CLOUT token on HitBTC.

 

CLOUT is a blockchain-based platform that promotes the cryptocurrency communities growth and is committed to providing users with quality information in this massively growing space.

 

CLOUT is a project that aims to solve the problem of false information in the blockchain world. The blockchain based platform allows users to share and evaluate content. When someone posts a piece of news, other users can approve or disapprove it, in case the information is inaccurate or misleading. This feedback is reflected in the user’s rating. Consequently, authors that post fraudulent information, will be penalized by the community and the platform. On the contrary, people that post useful content will be rewarded. Besides, CLOUT users will be able to chat with each other, comment on posts and enjoy other typical social media activities. This makes CLOUT a one-stop shop for all information related to the blockchain and cryptocurrency market and, most importantly, a community self-regulating tool.

 

The blockchain technology makes the process transparent and advantageous for honest content creators. All users will be rewarded in CLC, CLOUT’s daughter token, based on quality of platform interaction. Posting, commenting, upvoting and being a part of the “crowd wisdom voting polls” all earn users CLC. This system ensures that only high quality posts, comments, and ICO’s rise to the forefront of the platform. CLC is the fuel that runs the Network, CLOUT tokens are what generate CLC.

 

Behind CLOUT is a star-pledged team of founders and advisors. Sean Kirtz, Founder and President, is a renowned entrepreneur and fintech solution architect. He has solid experience in assessing and managing blockchain based projects and ICOs. One of the key founders, Henry Wang, is a prominent figure in the blockchain business. He is the Founder of International Blockchain Application Federation. Another dominant name is that of CLOUT’s Advisor, David Cohen, one of the pioneers of the decentralized technology.

 

CLOUT’s team is remarkable for being truly international, since it is formed by professionals from different states and even continents. The team and advisory board features members from the U.S., Europe, Australia, Russia, South Korea, Japan and China.

 

Please find out more about CLOUT at their official website.

Summing up 2017 at HitBTC

Dear traders!

 

As this exciting year is closing, we have come up an infographic showing the progress we’ve made together in 2017. We are wishing a happy new year to all our traders; you make every year the best and inspire us to keep innovating HitBTC. Thank you and see you in 2018!

Respectfully,

HitBTC Team

 

Kapucoin – Archeological blockchain

Dear traders,

 

We are excited to announce the soon listing of KAPU, the coin of Kapu platform that aims to preserve the finds all around the world using the Blockchain technology.

 

History of the coin

The Capua coins (KAPU in oscus alphabet) were forged during the Second Punic War (218 BC) in one of the few cities in Italy that decided to ally with Hannibal to fight Roman hegemony. Capua had definitively interrupted relations with Rome and, in order to finance its expenses, forged and spread the coin along Atella and Calatia. Coins were forged with all three metals (bronze, silver, gold), but Capua was the only one of the three cities to issue precious metal coins. KAPU was also famous for its gladiatorial school that, along Rome and Pompei, represented the excellence of the empire’s schools. There were solely gladiators with a great stature and strength and they were trained to give birth to bloody spectacles to entertain the people and aristocracy. During these spectacles the man who was defeated, not only lost the match, but also life. It is precisely in this context that the imposing name of the gladiator Spartacus distinguished itself, who, forced to fight inside the Amphitheater Campano, he led the revolt of the slaves in 73 AD.

Continue reading

Monaco – Cryptocurrency in Every Wallet

Dear traders,

 

We are excited to announce listing of from Monaco Technology’s MCO token, a secure currency for transactions without borders.

 

Monaco’s mission is to build simple and honest financial products that improve lives. Founded in June 2016, Monaco raised US$26.7 million through one of the most successful Token Sale events to date. The company is headquartered in Switzerland with offices in Hong Kong and Singapore.

Continue reading

Streamr – Unstoppable Data for Unstoppable Apps

Dear traders,

 

we are thrilled to announce listing DATAcoin, a token of Streamr platform that tokenizes streaming data to enable a new way for machines & people to trade it on a decentralised P2P network.

 

Streamr is building the world’s leading marketplace for real-time data. The team believes that creating a platform to trade the world’s information will benefit everyone. Companies will be able to build and market their products in the Internet of Things (IoT) in an improved way. People will regain control of the data they produce. And society as a whole will be better off when the value in the data is not concentrated in the hands of a few giant companies.

Continue reading

Introducing Deposit Fees on HitBTC

Dear traders!

 

This post was updated on January 16, 2018, to include the information regarding ETH, USDT and all tokens deposit fees.

 

Due to heavily increased demand, a large number of transactions passes through BTC and other networks. It leads to a significant amount of transactions waiting in the mempool, longer processing time and unprecedented fees.

 

We are announcing that a fixed fee for BTC, ETH, USDT and all tokens deposits is to be charged.

 

This measure is introduced in order to provide greater stability on our exchange. It would help facilitate processing of incoming transactions and maintain the liquidity and security of Bitcoin, Ethereum, Tether and all tokens on HitBTC at a level we deem worthy of our traders.

 

The deposit fees will be deducted from the amount of the incoming transaction. The fee amount for every token is shown below the deposit address. Please be advised that if your deposit is lower or equals the fee, the whole amount will be used for the commission and will not be refunded.

 

Respectfully,

HitBTC

 

Statement on the upcoming BTC hard forks and IGNIS airdrop

Dear traders,

HitBTC is going to support two of the upcoming Bitcoin hard forks in case they take place, and IGNIS tokens airdrop. In this post we have accumulated the information about these events and the course HitBTC is going to take.

 

Bitcoin network has seen an unprecedented number of hard forks this year with two more planned to happen before the end of December. Hard forks aim to add new functionality to the original network and resolve its flaws and limitations. In Bitcoin’s case it usually includes increasing the block size and in generally decreasing the network overload.

 

Segwit2x, a project suspended in November, is now scheduled to happen on the block 501,451 which should be reached around 28th of December. The team behind it is mostly concerned about the significant delays in transactions processing and the largely increased fees, thus providing a solution to these problems is their main priority. Block size will be increased to 4 Mb and block creation time on Segwit2X chain will constitute 2.5 minutes. Find out more on the project’s official website.

 

Bitcoin God is a fork introduced by a Chinese blockchain investor Chandler Guo. The chain split is planned to happen at the block 501,225 approximately on December 25. The official website of the Bitcoin God introduces such features of the new network as smart contracts support, increased block size, lightning network implementation and zero-knowledge proof.  

 

Our exchange is going to support both Bitcoin forks, should they happen. We will be updating this post with further information on how we are going to proceed in each case, kindly check back on the news.

 

IGNIS Airdrop is powered by Jelurida, the company behind NXT and Ardor. On December 28 a one-time snapshot of NXT network will be conducted and on January 1 Ardor network with its very first child chain Ignis will be launched. Following the rules of this airdrop, for every NXT token the client will receive 0.5 IGNIS tokens. Please note that the tokens will be credited according to the amount of NXT held on main and trading accounts at the time of the snapshot on 28th of December. Pending transactions will not be included.

 

We are holding the finger on the pulse and closely monitoring all the hard forks and airdrop events. If more news emerge, we will update you. Please contact our support team in case of any questions.

Listing – 12th of December

Dear traders!

 

We are glad to update you on the new tokens listed last week on HitBTC.

 

DubaiCoin (DBIX)

DubaiCoin is the fuel of Arabianchain Technology, a UAE based venture that is unlocking the potential of tomorrow’s economy by enabling today’s blockchain innovation. Arabianchain is the first public, decentralized and consensus-driven blockchain in the MENA region that allows for self-executing and globally accessible smart contracts and decentralized Apps to be developed, and for digital tokens to be transacted, tracked and safeguarded over a network of thousands of connected yet distributed devices.

 

Go trading

 

Cappasity token (CAPP)

Cappasity is a decentralized AR/VR ecosystem for 3D content exchange. It was the first to create a cross-platform solution for quick digitizing of objects and their 3D demonstration. Today, the Cappasity 3D solution is widely used by online retailers, and the company has started its expansion into other verticals. Cappasity utility token (CAPP) is issued as a digital payment vehicle that facilitates 3D content exchange among the Ecosystem participants from all over the globe.

 

Go trading

 

Open Trading Network token (OTN)

Open Trading Network is the first 100% collateralized decentralized exchange which will allow fully secure exchange between the blockchain networks. OTN foundation is committing itself to develop the network described in the white paper and also several applications to help different stakeholders to benefit from the network.

 

Go trading

 

ETHLend token (LEND)

ETHLend is a fully decentralized peer to peer lending Smart Contract on Ethereum blockchain for lending Ether by using tokens as a collateral. It aims to attract future users of the decentralized application by selling LEND tokens that will provide 25% discount on deployment fees on ETHLend, when paying with LEND.
 

Go trading

 

DOVU token (DOV)

DOVU is creating an entirely new circular economy for the transport and mobility sector. Mobility data already informs everything from traffic management, weather and pollution tracking, through to planning and modeling our future transport needs. DOVU democratises the sharing and consumption of this data by connecting data owners to data consumers – introducing an unprecedented and fair value exchange between those that generate data and those that benefit from it.
 

Go trading

 

Happy trading!