Chineese Set Up A New Business Model For Exchanges

In last hours, there was a strange growth in crypto market volumes, particullary on Ethereum and Bitcoin because of a new Chineese idea: mining via trading. These exchanges are emitting tokens that guarantee rights on fees and these token are given to every user in proportion to traded volumes.

So we saw great volumes on Coinbene Exchange

And Bit-Z

While we don't use it, we believe that it can be a very interesting idea for exchange's business model, althought of course this token has a big legal problem: It is a security. securities trading is a heavy regulated space. you can find more info here https://support.bit-z.pro/hc/en-us/articles/360006157514-The-Most-Complete-Analysis-of-BZ