CoinEx, a Hongkong based cryptocurrency exchange,launched in december 2017,climbed to top spot & replaced popular crypto exchange Binance.If something needs to salute,hats off to 'Trans-free mining modei' of CoinEx.
'Trans-free mining modei' was first launched by Fcoin,though there is lot of criticism against this model but a lot of users prefers this model.
Now,as believed,after the release of 'Trade-driven mining' & dividend distribution model,the trading volume of CoinEx becomes huge,reached to a billion USD from $5 million.
According to coinmarket cap,the 24-hr trading volume of CoinEx is $1.48 billion,where as Binance has been registering for $1.26 billion trading volume in 24 hrs...