LocalBitcoins #

• LocalBitcoins is a peer to peer bitcoin marketplace based in Helsinki, Finland.

• Its service facilitates over-the-counter trading of local currency for bitcoins.

• Users post advertisements on the website, where they state exchange rates and payment methods for buying or selling bitcoins.

• Other users reply to these advertisements and make the payment in their specified payment method.

• The site uses an escrow system, and the transfer of bitcoin is made after funds are received in the sellers account.

• LocalBitcoins has a reputation and feedback mechanism for users and an escrow and conflict resolution service.

• In November 2019, LocalBitcoins.com got registered as a Virtual Currency Provider by the Finnish Financial Supervisory Authority.

OKEx #

• OKEx is owned by Ok Group which also owns crypto exchange Okcoin.
• 2018 On November 25, 2019, the company announced four major partners for its global utility token “OKB”.

Huobi #

• Key people: Leon Li (Chairman, Founder) Jiawei Zhu (COO) Xianfeng Cheng (CTO) Charlie Tsai (CSO) Xiaofeng Chen (Vice President) Peng Hu (Vice President)

• Founded in China, the company now has offices in Hong Kong, South Korea, Japan and the United States.

• In August 2018 it became a publicly listed Hong Kong company.

• Following a 2017 ban on Bitcoin exchanges by the Chinese government, Huobi stopped Bitcoin withdrawals.

• In September 2021, Huobi announced that it would stop serving customers in mainland China due to new regulations.

Bitfinex #

• Services: Cryptocurrency exchange, P2P Margin trading, P2P Margin lending, OTC
• Bitfinex is a cryptocurrency exchange owned and operated by iFinex Inc registered in the British Virgin Islands.

Binance #

• China

  • Binance was initially based in China, but later moved its headquarters out of China following the Chinese government’s increasing regulation of cryptocurrency.

• United States

  • In 2019, Binance was banned in the United States.
  • In response, Binance and other investors opened Binance US, a separate exchange registered with the United States Financial Crimes Enforcement Network and designed to comply with all applicable US laws.
  • States That Don’t Allow Binance.US
    • New York
    • Connecticut
    • Texas
    • Hawaii
    • Idaho
    • Vermont
    • Louisiana
  • https://www.bloomberg.com/news/articles/2021-05-13/binance-probed-by-u-s-as-money-laundering-tax-sleuths-bore-in

• United Kingdom

  • In June 2021, Binance was ordered by the UK’s Financial Conduct Authority to stop all regulated activity in the United Kingdom.
  • In January 2021, the FCA began requiring firms dealing with cryptocurrency to register in order to comply with anti-money laundering rules.
  • As Binance was not compliant with these rules.
  • https://www.reuters.com/article/binance-uk/financial-watchdog-orders-crypto-exchange-binance-to-stop-regulated-activities-in-uk-idUSL2N2O907S
  • https://www.bloomberg.com/news/articles/2021-06-27/u-k-financial-regulator-bars-crypto-exchange-binance

• Japan

  • On June 25, 2021, Japan’s Financial Services Agency warned Binance that it was not registered to do business in Japan.
  • This was the second notice Binance received from the FSA.
    • https://www.fsa.go.jp/policy/virtual_currency02/Binance2_keikokushilyo.pdf
  • Previously, a similar warning was issued on March 23, 2018.
    • https://www.fsa.go.jp/policy/virtual_currency02/Binance_keikokushilyo.pdf

• Thailand

  • Thailand’s Securities and Exchange Commission filed a criminal complaint against Binance on July 2, 2021, “for commission of offence under the Emergency Decree on Digital Asset Business B. E. 2561 (2018)”.
  • Additionally, Thailand’s SEC cited Binance for operating without a license, a violation of Section 26 of the Digital Asset Businesses Emergency Decree. https://www.sec.or.th/EN/Pages/News_Detail.aspx?SECID=9017

• 2018.10.8 Listing Fee Controversy Digibyte

• 2019.5.8 Binance 7000BTC Hack  bitcoin ‘reorg’

• 2021.4.16 Librehash - WazirX: Another Crumbling Binance Entity

• 2021.6.29 - Binance faces regulatory upheaval

• 2021.7.1 The Cayman Islands Monetary Authority (CIMA) - Binance Not Authorised by CIMA to Operate Crypto-Currency Exchange

• 2021.7.13 Nikhilesh De - “World regulators have announced warnings around Binance, drawing attention to the exchange’s operations and hinting at future actions”

• https://twitter.com/franciskim_co/status/1423658703174082567

• 2021.4.26 librehash - WazirX: Another Crumbling Binance Entity

• 2021.7.14 librehash - CoinDesk Blames Traders for Binance’s Leveraged Token Fraud

• 2021.8.19 librehash - Liquid Exchange Hack (Bitcoin TX Analysis): Signs Point to Binance Involvement / Knowledge

SafeTrade #

• Interview with Safe.Trade / Safe Coin founder Jeff Galloway

Bitcointalk Thread: https://bitcointalk.org/index.php?topic=3240246.0

KuCoin #

Kucoin, Please share your opinions on the kucoin exchange.

gate.io #

• Bter.com was founded in 2013 by Lin Han, and was rebranded as gate.io in 2017.
• gate.io was initially based in China, but moved to the Cayman Islands due to China’s increasing regulation of cryptocurrency.
• In 2019, gate.io raised $64 million by selling it’s native GateChain Token.
• The company also has a startup incubator through it’s Gate.io Labs platform.

BitMEX #

• BitMEX is a cryptocurrency derivative trading platform.

Hotbit #

• Founded in January 2018
• registered in both Hong Kong and Estonia, (Core team members from China, USA and Taiwan )
• has registered users from more than 170 countries and areas all over the world
• year-round 7*24-hour customer service.
• Hotbit distribute current deposit interests for its users,
• Hotbit was the first cryptocurrency exchange in the world to offer daily current deposit interests to its users with no token lockup or freeze required.
• Listing
  • Based on CoinMarketCap, hotbit ranks No.1 in terms of the number of both all digital assets and original blockchain projects listed among all exchanges
  • e.g.
    • HOT (Holochain) was listed on Hotbit on April 30th, 2018, and then listed on Binance on June 18th, 2018.
    • Beam was listed on Hotbit on December 31st, 2018, and then listed on Binance on September 16th, 2019.
    • NEXO was listed on Hotbit on May 7th, 2018, and then listed on Huobi on March 3rd, 2019.
    • Apart from that, Hotbit has also listed some other types of tokens, for example, QKC, TOMO and FTM, ahead of top leading exchanges

Upbit #

• Upbit is a South Korean cryptocurrency exchange founded in 2017.
• It is operated by Dunamu, which is one of the highest-valued startups in South Korea.
• Upbit launched in South Korea on October 24, 2017 with the help of their partnership with American cryptocurrency exchange Bittrex.

Bitso #

Bithumb #

• Bithumb is a South Korean cryptocurrency exchange.
• Founded in 2014
• Bithumb is headquartered in Seoul, South Korea

Bitstamp #

• Bitstamp is a cryptocurrency exchange based in Luxembourg.
• It allows trading between fiat currency, bitcoin and other cryptocurrencies.

bitFlyer #

Bitkub #

• Bitkub is a Thailand-based cryptocurrency exchange, operated by Bitkub Online Co. , Ltd.

(Thai: บริษัทบิทคับ ออนไลน์ จำกัด) under its parent group Bitkub Capital Group Holdings (Bitkub Capital Co. , Ltd.).

• It received operating licences from the Securities and Exchange Commission (SEC), in January 2019.
• In May, the company introduced its own cryptocurrency, Bitkub Coin (KUB).

Crypto.com #

Crypto.com is a trademark of Foris DAX Asia Pte. Ltd, a subsidiary of Foris DAX MT (Malta) Limited. a company that operates a cryptocurrency exchange app.

vinex.network #

• Community Telegram (English): https://t.me/vinexnetwork

• Vinex Network is one of the 3 pillars of Midas Ecosystem: Wallet – Exchange – Fund

• Vinex Network Pte Ltd (a Singapore incorporated company with UEN: 201819001H) was established after Midas Protocol ICO completion, with the same board of directors and board of management.

• Being member of Singapore Fintech Association, Digital Exchanges Association of Singapore, Vinex Network has been also participating actively in many dialogues with the government of Vietnam.

• Coin listing criteria of vinex network:

  •  “Vinex Network from the beginning have selected many special coins based on their technical innovation & merits. Our selection was largely based on 2 perspectives”:

    • Cryptocurrencies that will change the world
    • Blockchains built from scratch – https://docs.google.com/spreadsheets/d/1geg5HHgDO-ht0u6CSTHplJudr9kSGQYAoJvaKnfRhI4/htmlview#gid=137946732

  • “Undoubtedly, the implementation of listing those innovative coins/tokens requires lots of dedication and technical know-how from our tech team.”

• Vinex key features:

  • High performance trading: capability to process 500,000 orders per second
  • Current 30 trading pairs (increasing to 50 pairs by Feb 2019)
  • Extensive APIs: support 3rd-party trading platforms and algorithmic trading bot
  • 24/7 support
  • Mobile support
  • Staking reward ( $Divi and more upcoming coins)
  • Airdrop center
  • OTC support
  • Leaderboard as Social Trading Functionality

ShapeShift #