HONG KONG – July 11, 2018 – CoinFi (KuCoin, Cobinhood: COFI), the leading market intelligence platform offering Wall Street-caliber trading tools, signals, and analysis on the cryptocurrency market, today continued to strategically extend its reach and coin availability with a listing on Fcoin, the China-based exchange known for its transactional mining model and high trading volume. The announcement follows a $15 million ICO and listings on KuCoin and Cobinhood earlier this year.
Investors can begin trading COFI on Fcoin July 11 at 6:00PM HKT. COFI, a utility token, grants CoinFi users access to news, analysis, and hedge-fund caliber trading tools on the CoinFi platform. It’s also used to compensate research contributors and analysts in a token-for-information ecosystem, with the highest-quality contributors rewarded more frequently by the crowd.
“When we first raised funds for CoinFi, our promise to investors was a sound strategy and an ambitious growth plan to accelerate our offering and community,” said Timothy Tam, CoinFi Co-Founder and CEO and former Goldman Sachs equities trader. “Our listing with Fcoin is another way we’re accomplishing that. With massive reach and trading volume within the Chinese market, they make for a great partner.”
Fcoin has become widely known for its community reward mechanism, Trans-Fee Mining, in which it reimburses users’ transaction fees with FT, the exchange’s own token. These tokens can then be traded against other coins or used to pay for fees. The coins also grant the owner voting rights and revenue sharing.
CoinFi’s team of former elite Wall Street traders, technologists, data scientists, and financial analysts plans to roll out major product updates later this summer, with investors eagerly awaiting access to the company’s news and analysis offering.
CoinFi (COFI) is the world’s first decentralized crypto market intelligence platform, bringing Wall Street-caliber financial intelligence to the cryptocurrency markets. Founded in 2017 by technologists and former Wall Street analysts, equities traders, and hedge fund managers, the company is based in Hong Kong an recently completed a $15 million private token sale to further expand its technology and trading tools. CoinFi offers crowdsourced and professionally curated research, analysis, trading signals, trading algorithms, and market-moving news to give traders the real-time market intelligence needed to gain an edge. With a community of over 100,000 cryptocurrency traders, CoinFi is poised to become the leading provider of market intelligence for the cryptocurrency markets. For more information, visit: https://www.coinfi.com/
Launched in May 2018, FCoin is already positioned to become a leading crypto exchange.
Founded by Huobi’s former CTO Zhang Jian in May 2018 and backed by notable investment institutions including 8 Decimal Capital, Danhua Capital, Node Capital, Singer Capital, and Timestamp Capital, FCoin’s novel trans-fee mining model has already generated billions of dollars in daily trading volume. For more information, visit: https://www.fcoin.com/