Hydax Bi-Weekly Update | Vol. 12 — Stay Safe and Keep Making Progress!

Hydax Media
Hydax
Published in
2 min readApr 19, 2020

Dear Hydax users,

Because of the effect of COVID-19, as a society, we are all being forced to do all activities (work, commerce, medical) within our home and largely mediated through the internet. The digital currency got more attention during this time. We believe this impact will stick with us for a longer time.

Hydax · Platform Information

【Platform Operation】

  • News about COVID-19 is updated every day in the Hydax Telegram group.
  • Share your Grid Trading profits on Hydax and earn unlimited rewards. 0.5 USDT for each share, and up to 1% worth of your total investment rewards!

Link: https://medium.com/hydax/share-your-grid-trading-profits-earn-unlimited-rewards-30fa0b034368

  • Hydax Weekly Quiz with $XTZ airdrops on Twitter

Link: https://twitter.com/HydaxE/status/1248828972550500352

【Technical Updates】

  • Optimized functions of deposit and withdrawal
  • Designed and developed new products
  • Added the Indonesian language
  • Added the choice to customize rejection reasons for KYC audit

Hydax · Industry Perspectives

China is taking charge of the digitization of the world economy. Recently, the nation revealed a testing environment for its DC/EP central bank digital currency (CBDCs), which may one day supplant physical cash in the second-largest economy. Further, high ranking officials set April 25 for the launch of its national blockchain platform, the Blockchain Service Network (BSN), which will enable developers to plug in and code blockchain applications on a centralized platform. This kind of activity has a great impact on the whole industry, we expect more countries will do a similar thing and have their own county’s digital currency.

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