A new digital currency has launched going by the name of CoinExchange. The main purpose of this platform is to facilitate the trading of altcoins, as they support a very limited amount of trading pairs right now. It’s nice to see some more competition in the altcoin exchange market, as there are very few decent platforms left. However, as is the case with every new exchange platform, traders have to be cautious with depositing significant amounts of money.
Also read: First Global Credit adds more commodity futures trading options CoinExchange Beta Launch
It is important to keep in mind CoinExchange has launched, although the platform is still in beta right now. This might explain their very limited offering of different altcoins as there are only ten different trading markets available right now. The only major currencies to be supported are Litecoin and Dogecoin, together with minor altcoins and some new currencies hardly anyone has ever heard of.
As is the case with any [altcoin] exchange, there are specific trading and withdrawal fees associated with CoinExchange. For the time being, all of the supported currencies have a 0.15% buy fee, as well as an identical sell fee. This is lower than most other altcoin exchanges, though, as Bittrex and Poloniex charge a 0.2% fee. Withdrawal fees are entirely dependent upon the coin itself, but it is noteworthy BTC withdrawals are subject to a 0.0002 Bitcoin fee.
For developers looking to explore the CoinExchange API , there are some interest tools one can use. For example, there is the public API, which can obtain the value of any and all markets, as well as get the order book or a market summary. All of these requests go over the HTTPS protocol.
But what is of more interest is who the owners of […]
