Key Facts Of The Day 05.12.2018
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Study: Leading Countries by Number of Crypto Exchanges & Traders

Specialists from the Belarusian marketing agency BDCenter analyzed 30 of the most popular cryptocurrency exchanges.

The experts concluded that the largest number of users of this type platforms is located in the United States, Russia, and China. Vietnam and Turkey close the top five leaders. BDCenter data show that the average age of a trader in China is 20-30 years, in the U.S. — 30 years. In Russia, 50% of traders are between 25 and 40 years old, and 30% are between 18 and 25 years old.

Binance Shows New Sneak Peek of DEX

Binance Cryptocurrency Exchange has published a new video showing the possibilities of preparing for the launch of a decentralized platform. If in the previous video on this topic (that was presented by the CEO of Binance Changpeng Zhao earlier in August) certain operations performed via the command line were shown and didn’t say much to the average user, the new release shows us a full-fledged trading interface, the process of creating accounts and the blockchain explorer Binance Chain.

The trading platform’s interface in many ways resembles the system with which Binance users work on its main platform. The difference is that it provides the function of connecting external addresses in the blockchain, like on other decentralized exchanges. In addition, the video shows the process of placing and withdrawing the order.

Circle’s Poloniex Welcomes Institutional Investors

The Circle company, which this year became the owner of the Poloniex cryptocurrency exchange, announced an introduction of the new type of accounts intended for institutional clients on its trading platform.

“Institutions large and small can enjoy the benefits of our large curated selection of crypto asset trading pairs, dedicated support and robust API services,” the announcement states.

In addition to Poloniex Exchange services, institutional clients are provided with access to an over-the-counter Circle Trade platform, the minimum transaction amount of which is $250,000, and the possibility of exchanging dollars for the stablecoin USDC issued by it and back.

What Else:

  • Pay or Shame? Chinese Lenders Get Money in Exchange for Nudes

In a country where the cost of living is high and the chances of getting a credit card are relatively low, new form of e-commerce has become very popular.

  • Facebook Throws Users out of Accounts

According to the resource Downdetector, in Europe, there is a malfunction of Facebook.

  • 29% U.S. Freelancers Want to Get Paid in Crypto

Almost a third of freelancers living in the United States would like to receive payment in cryptocurrency, and not through banks and other official systems.

  • Vertcoin Suffers 51% Attack

A peer-to-peer cryptocurrency and software project Vertcoin that was created in order to solve bitcoin issues by discouraging miners from forming pools was attacked by an unknown group of hackers, according to the report of a security expert and Coinbase engineer Mark Nesbitt.

At 19:20 (GMT) total cryptocurrency market capitalization stands at $121.9 billion

  • Bitcoin (Bitcoin) $3786 (-4.58%)
  • XRP (XRP/USD) $0.34 (-3.46%)
  • Ethereum (ETH/USD) $103 (-6.48%)
  • Stellar (XLM/USD) $0.14 (-6.38%)
  • Bitcoin Cash (Bitcoin.Cash) $133 (-11.86%)

Factom (+9.44%) showed the best growth in the top-100

Market Dynamics

The trading volume of cryptocurrencies for 24 hours reached $14.22 (+0.52 billion per day)

Mining Profitability

  • BTC $1.61 for 10 TH/s
  • ETH $0.11 for 10 MH/s
  • BCH $1.42 for 1 TH/s
  • LTC $2.32 for 1 GH/s
  • DASH $0.03 for 1 GH/s

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