Our trade consultants have ready a brief digest outlining the primary information of the crypto market and the most recent updates which have taken place on the HitBTC platform!

Cryptocurrency Market:

The start of August confirmed the expansion of the primary cryptocurrencies, however then they resumed falling.

BTC value on August thirty first was $20 259 and confirmed a 13,88% drop from $23 456 on August 1st.

ETH value confirmed a smaller drop than BTC. The worth of Ethereum, the second largest cryptocurrency by market cap, fell from $1 700 on August 1st to $1 584 on August thirty first, or 7,33%.

The very best performing altcoins in  have been:

Toncoin (TONCOIN)  has risen from $0.95 to $1.50 after Pavel Durov’s assertion in regards to the doable launch of {the marketplace} within the messenger.

Chiliz (CHZ) has elevated from $0.14 to $0,21 after asserting an extension of the cooperation with the Argentine Soccer Affiliation till 2026.

What’s new on HitBTC:

• In August, we burned a complete of 25,674,890 HIT tokens (about 3.7 million USDT). Transaction Hyperlink
• We have now added new property for Staking –  CVX, STETH, EMC, MINA, SMART, HYDRA, and AXS with APY as much as 40%.
• We have now added extra tokens and buying and selling pairs to our Margin Buying and selling function:

Now you’ll be able to entry x5 leverage on EGLD/BTC, EGLD/USDT,CELR/BTC, CELR/USDT, RVN/BTC, ARPA/BTC, ARPA/USDT, ROSE/BTC, ROSE/USDT, GRT/BTC, GRT/USDT, JASMY/BTC, JASMY/USDT, RSR/BTC, RSR/USDT, GMT/BTC, GMT/ETH, GMT/USDT, MINA/BTC, MINA/USDT, ICP/BTC, ICP/USDT, ENS/BTC, ENS/USDT.

• We have now added an choice to deposit and withdraw USDT, BUSD and USDC stablecoins on the next networks:
• Tether (USDT) is now accessible on Solana. (USDT) is a stablecoin that mirrors the worth of the U.S. greenback and was issued by the Hong Kong firm Tether. Pegging the token to the USD is achieved by sustaining the quantity of business paper, fiduciary deposits, money, reserve repo notes, and treasury payments in reserves, which in USD worth is the same as the variety of USDT in circulation.
• USD Coin (USDC) – on Binance Good Chain (BSC) and Solana. (USDC) is a stablecoin pegged to the U.S. greenback at a 1:1 ratio. Each unit of this cryptocurrency in circulation is backed by $1 that’s held in reserve in a mixture of money and short-term US Treasury bonds.
• Binance USD (BUSD) – on Binance Chain (BNB).  (BUSD)  is a 1:1 USD-backed stablecoin issued by Binance (in partnership with Paxos), permitted and controlled by the New York State Division of Monetary Providers (NYDFS).

New listings on HitBTC:

• Wallex Token (WLXT) is a utility token, a part of the Wallex v.3 ecosystem, that permits its customers to get pleasure from the advantages that Wallex supplies.

Сrypto pockets App

The HitBTC crypto pockets is a free and easy resolution for newcomers.

App on Android and iOS.

Charges and Limits replace

We have now just lately up to date our charges and limits. For the most recent updates, please go to the charges and limits part on our web site right here.

HitBTC Cell App

Don’t neglect that you may commerce on our platform out of your cellular gadget. Begin right this moment by downloading the HitBTC App on Android and iOS.