HitBTC trading platform adds support for Emercoin

HitBTC trading platform adds support for Emercoin

HitBTC cryptocurrency exchange adds support for Emercoin (EMC), opening EMC to BTC exchange market. EMC/EUR pair will also be listed soon.

On September 9, 2016, HitBTC cryptocurrency exchange adds support for Emercoin (EMC), opening EMC to BTC exchange market. EMC/EUR pair will also be listed soon.

Emercoin is a digital currency, launched in late 2013. However, EMC cryptocurrency is just a part of a bigger idea. Emercoin is a blockchain platform that provides different blockchain services, including an alternative domain name system, a distributed torrent tracker and a number of other applications. During the last years, the price of the coin has significantly increased, and now stays around $0.4 per one EMC, with the total market cap of ~$16,000,000.

Paul Clarkson, product manager at HitBTC, states,

“Emercoin’s consistency is the reason for its success. A very few blockchain projects can boast of both a developed range of products, and a well-organized financial ecosystem. But Emercoin has both, and HitBTC is proud to support the technology, opening EUR and BTC exchange markets for Emercoin.”

Remarkably, Emercoin is already integrating its technology into a number of businesses, including a watch factory and a farm. However, the Emercoin team don’t use their achievements to get publicity. Clarkson continues, “Personally, I can’t believe Emercoin took such important steps so silently. They actually reached a huge milestone in the cryptocurrency realm, but it went almost unnoticed. Emercoin’s listing was part of our roadmap anyway, but when we found out the technology had been implemented in real economic conditions, we made it #1 for listing on HitBTC.”

Emercoin seems to be the first digital coin to pass the proof-of-concept stage and enter the economic environment. Now its further success depends on the business scalability, proper support from the community, and the overall industry. “Emercoin has a decent market cap, but having entered the real economy, even locally, it deserves a much higher rate. We believe that Emercoin has a potential to reach a billion dollar market cap. Therefore, having it listed on our exchange is a must”, says Clarkson.

About HitBTC

HitBTC is one of the leading cryptocurrency exchanges, providing trading services for individual traders since 2013. The HitBTC trading platform is known for its advanced matching engine, multi-currency support and friendly customer service. Besides trading between cryptocurrencies, HitBTC provides proper markets for exchanging cryptocurrencies for fiat currencies, namely USD and EUR.

The innovative and technological nature of HitBTC is expressed in a stable dependable API, which satisfies the needs of algorithmic traders. Moreover, HitBTC provides support for FIX protocol through FIX trading and FIX Market data end-points.

Related News

EmerCoin Fever Quickly Making a Name Among Fintech Projects

EmerCoin has made recent news with its big-name partnerships with Microsoft and First Bitcoin Capital. Now, Emercoin is working OpenLedger to make its first step into real-world trading. For those who are not familiar with OpenLedger, it is a decentralized trading platform for everything ranging from crypto-currencies to physical goods. For example, OpenLedger users can create their own currency (UIA), collateralize a coin by making it an MPA (Market Pegged Asset) by linking its value directly with a physical good (e.g. gold, silver), and deploy their own blockchains within the framework....

OpenLedger and Emercoin Partner to Create ‘New Synergies’

The Bitshares 2.0 platform OpenLedger has announced its latest partnership with Emercoin to create “new synergies” within the blockchain-based service space. The two companies want to provide an array of new concepts to the cryptocurrency and distributed ledger landscape believing each platform can better the technologies. Jason Cassidy, Chief Communications Officer at Emercoin, is thrilled about joining forces stating: Emercoin and OpenLedger collaborating means both services can offer new features and “bring the world a new type of trading experience.” New synergies include:

Emercoin: Decentralizing DNS Services

Emercoin is unique, its platform and ecosystem of decentralizing products bears recognition as a next-generation environment of services and tools. Beneath that umbrella exists a decentralized DNS (Domain Name System) service that is beyond much else in today’s market. Emercoin: Innovating the Internet. Among the myriad cryptocurrencies only two officially support the storing of additional data in a blockchain: NameCoin and Emercoin. The very idea, storing data in name-value pairs on the blockchain no less, is a Namecoin brainchild. However, according to Oleg Khovayko, founder and lead....

Emercoin: ‘Setting the New Standard for Top Blockchains’

Quite a few blockchain services have been added to the Microsoft Azure blockchain cloud-based project. Just recently, the program has enlisted some new memberships to the system such as BitPay, Manifold Technology, LibraTax, and Emercoin. These new partnerships have signed up for the Blockchain-as-a-Service platform (BaaS) and will work with Microsoft....

Blockchain Platform Emercoin is Moving Beyond Cryptocurrencies

Though cryptocurrencies have received much attention with the rise of Bitcoin, what has resulted in more excitement and utility for real businesses has been what is possible using the underlying technology of cryptocurrencies, the blockchain. The team at Emercoin have matched creative ideas for what blockchain solutions are capable of to comprehensive technical approaches for solving issues surrounding current, centralized models of commerce. CEO of Emercoin, Evgeny Shumilov, reflected on the origins of Emercoin, stating: “I am often asked why EmerCoin is so named. It is from the word....