News Update: 08/11/19

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          1.AAX  Digital  Asset Exchange Goes Live Using LSEG Technology Platform 

          2.Coinbase Cryptocurrency Exchange Opens Tezos Staking to All US Customers

 

1.AAX  Digital  Asset Exchange Goes Live Using LSEG Technology Platform 

LSEG Technology, London Stock Exchange Group’s technology solutions provider, announced that Millennium Exchange has successfully been deployed as part of the go-live of the AAX digital asset exchange . According to  the news published via official press release on  Nov 08, 2019

 

Millennium Exchange’s low latency, flexible, and scalable matching engine provides market- leading performance and reliability.

 

The new platform will  enable retail and institutional investors to trade cryptocurrencies with ultra-low delays, The platform is capable of handling large volumes of orders with an normal latency of under 500 microseconds, or one-two thousand of a second.

 

LSEG AXX

 

Thor Chan, CEO and Co-Founder of AAX said:

“LSEG Technology’s Millennium Exchange matching engine provides the performance and reliability to power AAX’s 24-hour trading platform all in a cloud-based environment. AAX is setting the standard for the next generation of cryptocurrency exchanges, offering much higher levels of trust, integrity, performance and security than has previously been available to retail and institutional investors.”

 

AAX is part of Atom International Technology Limited, a specialist in decentralised blockchain solutions using driving -edge digital technology. Based in Malta with innovation tasks in London and Hong Kong, AAX gives trading across a wide scope of cryptocurrencies and digital assets. AAX will list more than 50 crypto-to-crypto trading pairs, as well as futures contracts for major tokens like Bitcoin and Ether.

 

LSEG Technology delivers vigorous, versatile, high-performance technology including specialist, exchange, market data, risk and collateral management, surveillance, clearing and settlement products to customers around the world.

 

2.Coinbase Cryptocurrency Exchange Opens Tezos Staking to All US Customers

US-based cryptocurrency exchange and wallet service Coinbase has introduced that   its Tezos  staking service is currently accessible to all eligible U.S. customers . Also, you would now be able to earn up to $6 in XTZ through the Coinbase Earn program. The news is  published via official blog post on Nov 07, 2019.

 

Tezos Staking

 

What are the eligibility requirements for staking?

  • You must have your identity verified
  • You must live in the US (New York and Hawaii residents are not eligible)
  • You must have the minimum balance needed for that specific cryptocurrency. You can either purchase or maintain the minimum balance on Coinbase or transfer that cryptocurrency from an outside wallet or exchange.
  • You must hold the eligible cryptocurrency on Coinbase.com (staking is not available on Coinbase Pro)

 

According to blog post,  Coinbase staking rewards:

  1. You can begin earning rewards on your crypto– All eligible Coinbase customers holding  Tezos on the exchange will be able to gather an estimated return for Tezos staking of around 5% per holding period of 35–40 days.
  2. You will always maintain control-Your Tezos always stays in your wallet; you simply earn rewards while keeping your crypto securely on Coinbase. You can quit whenever you need.

 

Coinbase Earn

Coinbase Earn is an educational service that rewards users for learning about different cryptocurrencies.Customers can earn a bit of Tezos simply by learning about the token and taking a few quizzes. Through Coinbase Earn, you can earn up to $6 of Tezos, which Coinbase can then start staking on your behalf.

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