What’s Going On?
Why Does It Matter?
Despite operating for less than a year, CoinBene has consistently ranked among the top 10 crypto exchanges as defined by CoinMarketCap, said DasCoin in its official announcement. The company’s management team explained that by being listed on an exchange headquartered in Singapore it can serve Asian markets in local languages and currencies.
CoinBene joins CoinFalcon, BTC-Alpha, EUBX and – most recently – IDAX as the five exchanges now actively trading DasCoin’s DASC.
How Does This Impact DasCoin’s Network?
DasCoin CEO Michael Mathias said: “We’re really excited about this news as this now takes us to five public exchange listings. There’s great volume coming out of CoinBene and this exchange offers users the possibility to trade in renminbi.”
CoinBene has received a warm welcome from the cryptocurrency industry. “The platform is relatively straightforward to use, offers a range of trading pairs, and has a familiar exchange interface like those of other trading platforms, so there is not a learning curve for new users,” explained an independent review of CoinBene on the blockonomi.com forum.
“CoinBene is open to users around the world and offers several different languages, making it possible for most people to use the website in a language that they are fluent in, if not a native speaker. The default language is Chinese, but you can also change the website to English, Portuguese, Vietnamese, Malay, Spanish, or Korean.”