Coinex
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Basics
- Exchange by ViaBTC
CoinEx Token (CET)
- Has its own token: Coinex shares 80% of its trading revenue with its users proportionally to their CET holdings.
Coinex Chain
- Former BCH team is now working with Coinex on its own Public Blockchain. Note that Coinex is founded by the former founder of one of the largest BTC mining pools, ViaTBC, who is also a close friend of Jihan Wu.
- From CoinSpice (19-1-2020):
"Cryptocurrency exchange CoinEx recently released its 2020 roadmap for CoinEx Chain, its public, decentralized (DEX) version. The Hong Kong-based company’s highly-anticipated DEX looks to focus on so-called Smart Chain development and an eventual hard fork of the CoinEx product, Atlantis.
“According to the roadmap,” the announcement explained, “the team will develop a demo of Smart Chain in February and launch a new version of the block explorer in March with an API interface for the convenience of wallet access.” By March, a full hard fork, dubbed Atlantis, will give the DEX a load of features which include modifying trading pair rules and commissions, Bancor smart token pairs, on-chain order storage duration, wallet application developer incentives, validator and client block rewards, and a specification for wallets to interact through QR codes.
“In the second quarter,” the exchange forecasted, “CoinEx Chain will support cross-chain protocol in April and complete the development of the Smart Chain virtual machine, and plans to support the transfer of tokens between DEX and the Smart Chain in May so that users will be free to trade CET [(its proprietary token)] on the two chains. Meanwhile, a new version of the DEX wallet will be launched.”
The goal is an eventual Smart Chain to enable what they’re calling “programmable currency,” as a “connection between the Smart Chain and the DEX Chain through a cross-chain mechanism guarantees the high processing performance of the DEX chain and can also support complex financial applications, such as Defi.” CoinEx Chain is based on the Tendermint consensus protocol and the Cosmos SDK, and has since gone on “to encourage more nodes, institutions and individuals to participate” through its CoinEx Chain Foundation and Support Program."
Team
Haipo Yang; Co-founder and CEO
