HomiEx will list REN for aggregate trading at 18:00, January 8(UTC+8).
Since the REN/USDT is Aggregate Trading pair, the deposits & withdrawals will not be supported. Should there be further progress on the wallet support, it will be announced in the future official announcement (to know more about the Aggregate Trading Pairs, please refer to the end of this announcement).
About REN (Republic Protocol)
The market capitalization and trading volume of cryptocurrencies is growing rapidly every month. With institutional investors arriving into the cryptocurrency market, Republic Protocol recognizes the critical need for development of alternative trading systems for trading large blocks of cryptographic assets while maintaining minimal price slippage and negative market impact.
To address this need, Republic Protocol has developed a decentralized open-source dark pool exchange protocol facilitating atomic swaps between cryptocurrency pairs across the Bitcoin and Ethereum blockchains. Trades are placed on a hidden order book and are matched through an engine built on a multi-party computation protocol. This provides order execution without exposing market sensitive information such as price and volume at a certain position, which would provide an advantage to other traders.
Republic Protocol removes the need for a trusted intermediary to operate a dark pool and provides crypto-economic incentives through a protocol token for governance; enabling the development of a secure, decentralized, scalable dark pool protocol capable of handling billions in trading volume daily.
Republic Protocol will help facilitate participation by traditional institutional investors currently not active in the cryptocurrency space. In doing so, Republic Protocol hopes to help further promote and accelerate the already rapid growth in the cryptographic asset market for the benefit of the entire crypto community.
Join in Spot Trading And Earn HMJF
Event Period: 18:00, Jan. 8 to 18:00, Jan.9, 2021 (UTC+8)
Rewards: 1,010 HMJF
1. Users can join in spot trading for REN/USDT to earn HMJF as reward, HMJF can be used to spin Wheel of Fortune. Details as follow:
500 HMJF for 1st place user in spot trading for REN/USDT during event period,
200 HMJF for 2nd place user in spot trading for REN/USDT during event period,
100 HMJF for 3rd place user in spot trading for REN/USDT during event period,
30 HMJF for 4th to 10th place users in spot trading for REN/USDT during event period,
2. Users need KYC2 verification to earn the rewards.
How to spin Wheel of Fortune?
About Aggregate Trading Pairs
When a user buys and/or sells currencies on HomiEx, our Aggregate trading system will automatically place the same buy and/or sell order on other exchanges. Therefore, our user is assured that the assets purchased through this process are all real assets in full reserves.
Aggregate trading is commonly used in the trading industry. The purpose of HomiEx aggregate trading is mainly to provide our users with access to new and popular assets.
HomiEx aggregate trading system uses a local and an external order matching mechanism with transaction speed and user experience that are similar to that of placing an order on other trading pairs on HomiEx.
HomiEx will evaluate the holding amount of these aggregate trading tokens later and consider docking with the project wallets for these projects with a large holding amount, to meet the deposit and withdrawal requirements of users.
Thanks for your support!
Risk Warning: Investing in cryptocurrency is akin to be a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. HomiEx attempts to screen all tokens before they come to market, however, even with the best due diligence, there are still risks when investing. HomiEx is not liable for investment gains or losses.
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