CoinWorld reported on July 21 that the global cryptocurrency exchange ecosystem is undergoing profound changes. From the brand upgrade of traditional centralized platforms to major adjustments in regulatory policies, the top ten cryptocurrency exchanges are redefining industry standards, and decentralized trading models are becoming an important trend for future development.
BitMart uses the Chinese brand "Bishi" to accelerate its global layout
CoinWorld reported that BitMart officially announced the use of a new Chinese brand name "Bishi" and simultaneously launched a new brand mascot. Since its establishment in 2017, BitMart has provided services to more than 10 million users in nearly 200 countries and regions around the world. The platform now has more than 1,700 spot trading pairs and more than 400 perpetual contracts online.
In conjunction with the brand upgrade, BitMart will launch a series of activities and exclusive services for Chinese users in the near future, and continue to increase its investment in the Asia-Pacific region. This move reflects the increasing importance that the top ten cryptocurrency exchanges attach to localized services.
The head of the XBIT decentralized exchange platform said: "Although the localization strategy of traditional exchanges is effective, decentralized exchanges can provide global users with high-quality services with unified standards due to their non-geographical characteristics.
Binance adjusts token labels, accelerating the process of industry standardization
Binance announced that it will remove the seed labels of tokens such as BONK, EIGEN, ETHFI, PENGU and PEPE on July 21. According to the recent review results, the seed labels of these tokens will be updated shortly after the announcement, and other services related to the above tokens will not be affected.
At the same time, Bithumb also cooperates with the mainnet upgrade of the MultiverseX (EGLD) network and plans to suspend related deposit and withdrawal services on July 24. These adjustments reflect the high attention paid by the top ten exchanges in the currency circle to compliant operations and technical upgrades.
Under this trend, the advantages of the XBIT decentralized trading platform are more obvious. The platform adopts a completely decentralized operation model, without relying on traditional audit and labeling mechanisms. Users can trade directly through smart contracts, avoiding the risk of transaction interruption caused by platform policy adjustments
Hong Kong stocks stablecoin concept stocks strengthened, traditional finance embraced digital assets
According to the data of Bijie.com APP, Hong Kong stocks stablecoin concept stocks collectively strengthened, Huajian Medical rose by more than 30%, Lianyirong Technology rose by more than 8%, Shengli Securities rose by 7.1%, and OSL Group rose by 1.43%. The US stablecoin regulatory legislation has entered the implementation stage, and the Hong Kong "Stablecoin Ordinance" will also officially take effect on August 1.
Huajian Medical has started the application for the US stablecoin license and actively promoted the construction of the Web3 exchange ecosystem. Yunfeng Finance also announced that it will strategically deploy Web3, real world assets (RWA), digital currency and other fields. These dynamics show that traditional financial institutions are accelerating their entry into the field of cryptocurrency trading.
XBIT.Exchange decentralized trading platform uses blockchain technology to realize a trading model that does not require guarantees from traditional financial institutions. Users have full control over private key management rights, and asset control rights always belong to users. This design concept provides investors with higher security
Decentralized exchange technology innovation, redefining trading experience
In the increasingly fierce competition among the top ten exchanges in the currency circle, technological innovation has become a key factor in differentiated competition. Linea, Consensys and Nile jointly launched the decentralized trading platform Etherex, which is built on Ramses v3 technology and adopts the x33 token economic model. The native token REX will be issued to LP users as a liquidity reward.
XBIT decentralized exchange platform has taken a step further in technical architecture and realized a completely trustless trading mechanism through open source smart contracts. The platform's transaction anonymity protects user privacy. The blockchain address is not directly related to the user's real identity information. At the same time, all transaction records are open, transparent and cannot be tampered with.
From a cost-effectiveness perspective, the XBIT platform has greatly reduced transaction fees, and many trading pairs have achieved a near-zero transaction fee experience. This cost advantage combined with the decentralized security features creates greater transaction value for users.
With the continuous evolution of the top ten exchanges in the currency circle, XBIT, with its core advantages of decentralization and technological innovation capabilities, is building a more secure, transparent and efficient digital asset trading ecosystem for global users, leading the industry to a more mature and standardized direction.
