CoinEx GlobalLayer 0 vs Layer 1 vs Layer 2: All You Need to Know
The blockchain industry has expanded to such a large scale that each new year brings many fresh developments and innovations. There are many distinct types of blockchain networks and architectures already in use, and the number of these systems is expanding daily. In the upcoming sections, we will discuss the various layers of these blockchains can be classified into. Layer 0 In theory, Layer 0 is supposed to be a layer responsible for the execution of protocols and offers the underlying arch...
CoinEx GlobalShanghai Upgrade Approaching: Ethereum Protocols You Should Know
Ethereum is gearing up for its next major update, the Shanghai upgrade, scheduled to take place on April 12, 2023. The upgrade is a crucial one following the Merge last September, and it is expected to have a significant impact on the network’s more than 500,000 validators, according to data from BeaconScan, as of this March.Source: BeaconScan Shanghai Upgrade Explained The Shanghai upgrade is a planned hard fork of the Ethereum protocol, as well as one of the vital additional steps between t...
CoinEx GlobalBenefits of CoinEx Over other exchanges?
CoinEx is a cryptocurrency exchange that has been operating since 2017. It offers a wide range of services and features, making it one of the best choices for those looking to trade cryptocurrencies. The most attractive aspect of CoinEx is its user-friendly interface and advanced trading tools, making it easier to trade than other exchanges. CoinEx supports multiple trading pairs so traders can gain access to global markets with ease. It also offers lower transaction fees that are often much ...
The Global Cryptocurrency Exchange.
CoinEx GlobalLayer 0 vs Layer 1 vs Layer 2: All You Need to Know
The blockchain industry has expanded to such a large scale that each new year brings many fresh developments and innovations. There are many distinct types of blockchain networks and architectures already in use, and the number of these systems is expanding daily. In the upcoming sections, we will discuss the various layers of these blockchains can be classified into. Layer 0 In theory, Layer 0 is supposed to be a layer responsible for the execution of protocols and offers the underlying arch...
CoinEx GlobalShanghai Upgrade Approaching: Ethereum Protocols You Should Know
Ethereum is gearing up for its next major update, the Shanghai upgrade, scheduled to take place on April 12, 2023. The upgrade is a crucial one following the Merge last September, and it is expected to have a significant impact on the network’s more than 500,000 validators, according to data from BeaconScan, as of this March.Source: BeaconScan Shanghai Upgrade Explained The Shanghai upgrade is a planned hard fork of the Ethereum protocol, as well as one of the vital additional steps between t...
CoinEx GlobalBenefits of CoinEx Over other exchanges?
CoinEx is a cryptocurrency exchange that has been operating since 2017. It offers a wide range of services and features, making it one of the best choices for those looking to trade cryptocurrencies. The most attractive aspect of CoinEx is its user-friendly interface and advanced trading tools, making it easier to trade than other exchanges. CoinEx supports multiple trading pairs so traders can gain access to global markets with ease. It also offers lower transaction fees that are often much ...
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For crypto holders who cannot take many risks, apart from trading cryptos, earning additional returns by making full use of their idle assets is another prudent, secure investment choice. As the crypto market remains volatile recently, a growing number of crypto investors now favor investment & financial services that are steady and flexible.
As a product that increases the value of coins, CoinEx’s Financial Account offers users returns in addition to profits earned through crypto trades. The exchange distributes 70% of the interest income from borrowed coins of margin trading to users against the ratio of the holdings in their Financial Account. You can make additional earnings simply by depositing your idle assets into the Financial Account, without the need to trade cryptos.
According to the official announcement, CoinEx’s Financial Account will introduce 10 new cryptos on March 7, 2022 (UTC), including LUNA, AVAX, SHIB, ATOM, NEAR, ALGO, MANA, FTM, FIL, and SAND. At the moment, Financial Account covers 30 mainstream cryptos, spanning USDT, BTC, BCH, and ETH, which meets a wide range of demand in terms of depositing idle assets. Users who hold many kinds of cryptos could select the crypto with the highest return based on their 7-day APY shown in Financial Account. Moreover, the product sets no minimum deposit requirement, which enables flexible wealth management. Why choose Financial Account? Let’s go through its advantages:
Earn interests from crypto deposits through simple steps On CoinEx, you can earn daily interests simply by transferring your idle assets from the spot account to the financial account. It is noteworthy that the accruement of interest will not begin until the second day after assets are deposited, and the returns will be distributed to your account on the third day. With Financial Account, you can earn interest from crypto deposits through simple steps!
Daily distribution of compound interests CoinEx’s Financial Account offers compound interests, which will be automatically deposited into your financial account after they are distributed. In addition, the daily interest income will be included in the confirmed amount and used for the calculation of next-day interest income. Yesterday Income (interests on the corresponding coin generated yesterday) = 70% of last-day interest income from borrowed coins of margin trading * (the last-day interest-bearing coins of the user’s financial account / the total last-day interest-bearing coins of all the financial accounts)
On-demand deposit/withdrawal with no threshold Assets in the spot account are normally transferred to/from the financial account in real time. With no minimum deposit requirements, Financial Account sets no limit on the number of deposits/withdrawals you can make. In Financial Account, you can experience convenient services without any threshold and benefit from flexible wealth management that truly supports on-demand deposits/withdrawals!
Straightforward display of returns and PNL analysis On CoinEx, you can manage your wealth in three simple steps through Financial Account. Moreover, the exchange’s PNL analysis offers a comprehensive review of your profits/losses, which will help you better choose the type of cryptos to be deposited into the financial account. As the crypto market remains sluggish, an increasing number of crypto investors started to prefer investment products/channels with steady returns. Featuring low risks, enhanced security, and steady returns, CoinEx’s Financial Account is suitable for users who are looking for profits at low risks. Meanwhile, with simple operations, Financial Account is more friendly to users who just started to invest in cryptos. In the future, CoinEx will also expand the scope of Financial Account to include more cryptos and roll out diversified financial services according to the market demand. Please stay tuned for more exciting products from CoinEx.
Visit us
Twitter: https://www.twitter.com/coinexcom/
Medium: https://www.medium.com/@coinex/
Telegram: https://t.me/CoinExOfficialENG
For crypto holders who cannot take many risks, apart from trading cryptos, earning additional returns by making full use of their idle assets is another prudent, secure investment choice. As the crypto market remains volatile recently, a growing number of crypto investors now favor investment & financial services that are steady and flexible.
As a product that increases the value of coins, CoinEx’s Financial Account offers users returns in addition to profits earned through crypto trades. The exchange distributes 70% of the interest income from borrowed coins of margin trading to users against the ratio of the holdings in their Financial Account. You can make additional earnings simply by depositing your idle assets into the Financial Account, without the need to trade cryptos.
According to the official announcement, CoinEx’s Financial Account will introduce 10 new cryptos on March 7, 2022 (UTC), including LUNA, AVAX, SHIB, ATOM, NEAR, ALGO, MANA, FTM, FIL, and SAND. At the moment, Financial Account covers 30 mainstream cryptos, spanning USDT, BTC, BCH, and ETH, which meets a wide range of demand in terms of depositing idle assets. Users who hold many kinds of cryptos could select the crypto with the highest return based on their 7-day APY shown in Financial Account. Moreover, the product sets no minimum deposit requirement, which enables flexible wealth management. Why choose Financial Account? Let’s go through its advantages:
Earn interests from crypto deposits through simple steps On CoinEx, you can earn daily interests simply by transferring your idle assets from the spot account to the financial account. It is noteworthy that the accruement of interest will not begin until the second day after assets are deposited, and the returns will be distributed to your account on the third day. With Financial Account, you can earn interest from crypto deposits through simple steps!
Daily distribution of compound interests CoinEx’s Financial Account offers compound interests, which will be automatically deposited into your financial account after they are distributed. In addition, the daily interest income will be included in the confirmed amount and used for the calculation of next-day interest income. Yesterday Income (interests on the corresponding coin generated yesterday) = 70% of last-day interest income from borrowed coins of margin trading * (the last-day interest-bearing coins of the user’s financial account / the total last-day interest-bearing coins of all the financial accounts)
On-demand deposit/withdrawal with no threshold Assets in the spot account are normally transferred to/from the financial account in real time. With no minimum deposit requirements, Financial Account sets no limit on the number of deposits/withdrawals you can make. In Financial Account, you can experience convenient services without any threshold and benefit from flexible wealth management that truly supports on-demand deposits/withdrawals!
Straightforward display of returns and PNL analysis On CoinEx, you can manage your wealth in three simple steps through Financial Account. Moreover, the exchange’s PNL analysis offers a comprehensive review of your profits/losses, which will help you better choose the type of cryptos to be deposited into the financial account. As the crypto market remains sluggish, an increasing number of crypto investors started to prefer investment products/channels with steady returns. Featuring low risks, enhanced security, and steady returns, CoinEx’s Financial Account is suitable for users who are looking for profits at low risks. Meanwhile, with simple operations, Financial Account is more friendly to users who just started to invest in cryptos. In the future, CoinEx will also expand the scope of Financial Account to include more cryptos and roll out diversified financial services according to the market demand. Please stay tuned for more exciting products from CoinEx.
Visit us
Twitter: https://www.twitter.com/coinexcom/
Medium: https://www.medium.com/@coinex/
Telegram: https://t.me/CoinExOfficialENG
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