Dear community users:
Zhenbi will launch Cake /USDT, Kava /USDT, SFP/USDT aggregate trading pairs on February 21, 2021 at 16:00 (UTC+8).
As the above coin pair is an aggregated transaction currency pair, it is temporarily closed for coin charging and withdrawal. The opening time of coin charging and withdrawal will be further announced in an announcement.(For more details on the converged exchange currency rules at the end of the article)
About the CAKE (PancakeSwap)
Pancakeswap is a BEP-20 decentralized trading platform built on the Binance smart chain and provides liquidity using an automated market maker mechanism.
About KAVA KAVA)
Kava's decentralized financial platform offers major cryptocurrencies such as Bitcoin (BTC), XRP (XRP), Cosmos (Atom), and BNB's decentralized leverage and hedging services.The project uses a smart contract system to give users open access to loans and algorithmically managed stablecoins backed by crypto assets.
The white paper: https://docsend.com/view/gwbwpc3
About the SFP (SafePal)
Safepal is a digital currency wallet designed to provide a secure and user-friendly crypto asset management platform.Safepal offers hardware wallet and software wallet products managed by the Safepal App, where users can easily store, manage and trade their crypto assets.
The white paper: https://www.safepal.io/pub/SFP_Whitepaper_cn.pdf
About the converged exchange coin pair
As for the coins purchased/sold by users in Zhenbi, the aggregated trading system will hedge the purchase/sale of the same amount in other exchanges, so the assets purchased by users are still the real assets with sufficient reserves, and users can trade at rest.
Aggregated transaction is a very mature transaction mode in the industry. The purpose of Zhenbi's launch of Aggregated Transaction is to quickly meet users' demand for trading new hot assets.
Zhenbi's aggregated trading system uses local matching of external hedges, so the latency and experience are exactly the same as for local trading pairs.
Zhenbi will evaluate the number of users holding coins in the corresponding currency.Aggregate transactions with a large number of currency holders will consider docking supporting wallets after passing the review, so as to meet the demand of currency holders.
Digital assets are innovative investment products with large price fluctuations. Please judge your investment ability rationally and make investment decisions prudently.
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Zhenbi operation team
February 21, 2021