November 2021 Digest

November 2021 Digest

HitBTC experts have prepared a short digest informing you of the main news that has taken place recently in the crypto market and on the HitBTC platform!

Cryptocurrency Market

BTC closed in the red 7%

ETH showed stability and closed the month +0.10%

– GameFi tokens have reached new highs in November: 

      Axie Infinity (AXS) is a blockchain-based trading and battling game that is partially owned and operated by its players.

      Decentraland (MANA) defines itself as a virtual reality platform powered by the Ethereum blockchain that allows users to create, experience, and monetize content and applications.

      Enjin Coin (ENJ) is a project of Enjin, a company that provides an ecosystem of interconnected, blockchain-based gaming products.

      Gala (GALA) is an Ethereum token that powers Gala Games, a platform for blockchain gaming.

      luvium (ILV) is an open-world fantasy battle game built on the Ethereum blockchain. 

      Mobox (MBOX) is the native utility token that is used for processing transactions through the NFT gaming platform and staking for platform bonuses and incentives.

      Sandbox (SAND) is a blockchain-based virtual world allowing users to create, build, buy and sell digital assets in the form of a game.

      Starlink (STARL) is the key to STARL Metaverse: 100% unlocked, renounced, and community-driven.

      Alien Worlds (TLM) is a decentralized, non-fungible token (NFT) metaverse, where players compete for scarce resources, Trilium (TLM), in a stimulated economy centered around planetary worlds.

      WAX (WAXP) is a purpose-built blockchain, released in 2017, that is designed to make e-commerce transactions faster, simpler and safer for every party involved. 

      Ultra (UOS) is serves a variety of purposes within the Ultra platform, both at the protocol (staking) and at the app level (transactions).

      Yield Guild Games (YGG) is a decentralized autonomous organization (DAO) that invests in virtual world non-fungible tokens (NFTs).

What’s new on HitBTC:

We have also increased the leverage for these perpetual futures trading assets:

$BTC – 100x

$ETH – 75x

$ADA – 75x

$SOL – 75x

Trade Perpetual Futures now

We have added the Xanpool payments gateway to our trading platform and payments gateway to our trading platform and users in Asia can buy and sell crypto using SGD, MYR, HKD, VND, INR, PHP, THB and KRW.

  • New tokens are here:

ALCX (Alchemix) is the governance token for the self-paying loan protocol Alchemix.

ALPACA (Alpaca Finance) is the lending protocol allowing leveraged yield farming on Binance Smart Chain. 

BNX (BinaryX) is the governance token for Cyber Dragon, a Play to Earn Game based on Binance Smart Chain.

BTCBAM (Bitcoin BAM) is based on the UTXO model, it adopts the consensus mechanism of PoS and is a public blockchain.

CITY (Manchester United Fan Token) – Official Manchester City F.C. Fan Token.

DAR (Miners of Dalarnia) – The DAR token is the official token in Mines of Dalarnia and represents the game’s governance. 

ENS (Ethereum Name Service) is an open, public, decentralized identity protocol that runs on the Ethereum blockchain. 

JASMY (JasmyCoin) is the governance token for the Jasmy platform, designed to protect individual data sovereignty by blending IoT technology with blockchain.

LTNM (Bitcoin Latinum) is a bitcoin hard fork, which aims to pick up where Bitcoin’s idea of being bankless and peer-to-peer electronic cash system left off.

MIMO (Parallel Protocol) is the governance token of the Mimo DeFi platform that allows its users to enjoy liquidity from their crypto assets without selling them.

MOVR (Moonriver) is an Ethereum-compatible, smart-contract parachain on Kusama. It is intended to be a companion network to Moonbeam, where it will provide a permanently incentivized canary network.

PAR (Parallel) is a decentralized, collateral-backed synthetic asset algorithmically stabilized to the Euro currency. 

PLI (Plugin) is a decentralized Oracle Platform that provides cost effective solutions to any smart contract which runs on XinFin XDC Network Eco System. 

REQ (Request) is a utility token that ensures the performance and stability of the Request Network, a payment solution that works with all global currencies. 

SKP (Skyswapp Protocol) is a decentralized payment asset, intended to promote the use of Digital Assets and Blockchain-based technologies in the aviation, hospitality, and gaming industries.

SRX (StorjX Token) – StorX is a decentralized cloud storage network, which empowers users to store their data securely in the cloud.

STARL (Starlink) is the key to STARL Metaverse: 100% unlocked, renounced, and community-driven.

SUKU (SUKU)  is an ecosystem of purpose-driven lenders who provide microfinance opportunities to disenfranchised supply chain participants.

TONCOIN (Toncoin) is a blockchain-based ecosystem intended to give rise to a genuine Web3.0 Internet with decentralized storage, anonymous network, DNS and instant payments.

TRIBE (Tribe) is the governance token for the FEI algorithmic stablecoin, a new decentralized solution to the stablecoin market. 

UOS (Ultra) serves a variety of purposes within the Ultra platform, a blockchain-based, PC game distribution platform designed to provide both gamers and game developers with new opportunities.

USNOTA (USNOTA) is a multiplatform decentralized service used to confirm the existence of digital events such as electronic correspondences, images, and videos.

UST (Terra USD) is the decentralized and algorithmic stablecoin of the Terra blockchain. It is a scalable, yield-bearing coin that is value-pegged to the US Dollar. 

  • HIT Token Burn

In November we burned a total of 41,611,359 HIT tokens (about 15.4 million USDT).

Useful links:

Сrypto wallet App

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App on Android and iOS.

Fees and Limits update

We have recently updated our fees and limits. For the latest updates, please visit the fees and limits section on our website here.

HitBTC Mobile App

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