Cex. IO Terminates Support for Altcoins
Europe-based bitcoin exchange Cex. IO has announced the termination of their support for altcoins and GHash. IO Multipool, shifting their focus toward higher-volume markets such as Bitcoin and Litecoin. Trading pairs including IXC, DVC, POT, ANC, MEC, WDC, FTC, DGB, USDE, MYR and AUR have been removed, and Multipool by GHash. IO has been discontinued for all miners. "GHash. IO Multipool will be discontinued. There is no need to change mining settings for the Multipool, as all shares will be automatically redirected to LTC+DOGE mining pool. Those users who are already mining on Multipool....
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If you know about bitcoin, then you should be know about altcoins as well. Altcoin is a broad term "coined" to classify cryptocurrencies other than bitcoin. Many bitcoin enthusiasts find altcoins to be a cheap copy of bitcoin. According to them, altcoins do not make the cut and they are a waste of time and resources. As bitcoin technology is open source, its source code is out there and anyone and everyone can use it to develop their own version of cryptocurrency. It is a crowded market we agree, and some of these altcoins don't make any sense. However, we ought to remember that altcoins....