# Exchange Related Articles

BingX Kicks Off New Phase of BingX Shards With $200,000 Airdrop Prize Pool

BingX, a leading cryptocurrency exchange and Web3 AI company, has launched a new phase of its BingX Shards rewards program, featuring a $200,000 airdrop prize pool. The airdrop includes both fixed-amount and shared prize pools, distributing gems and popular tokens to enrich user portfolios. From December 23 to 25, users can redeem Shards for daily airdrops during a limited window with 300 participants per session. The shared prize pool will be available from December 22, 2025, to January 4, 2026, with each user's share determined by their proportion of the total Shards balance at the campaign's end. Additionally, BingX is offering extra Shards through exclusive Christmas daily quests in spot trading, where users can earn up to 30 Shards by meeting trading volume requirements. The Shards system continues to enhance user engagement and rewards on the platform.

TheNewsCrypto12/22 10:34

MEXC Upgrades 0-Fee Spot Trading To Cover All Pairs

MEXC, a leading global cryptocurrency exchange, has officially upgraded its 0-fee Spot trading program to cover all trading pairs on the platform, with no eligibility requirements. All users now enjoy 0% Maker and Taker fees on all Spot trades. This initiative is a long-term strategic pillar, not a short-term promotion, aimed at reducing transaction friction and leveraging liquidity advantages to create a more efficient and competitive trading environment. The strategy, already validated in Futures markets, is now extended to Spot, forming a cohesive ecosystem. Data from Q1 and Q2 2025 shows significant market share gains for key pairs like SOLUSDT and TONUSDC, demonstrating the program's success in lowering costs, deepening liquidity, and increasing activity. Key highlights include comprehensive asset coverage from major cryptos to Meme tokens, zero entry requirements, and enhanced cost efficiency for all traders. The COO emphasized this move as a commitment to empowering users and positioning MEXC as foundational infrastructure for global digital asset investors.

TheNewsCrypto12/22 10:16

Can Ethena hold $0.20 after 101M ENA flood exchanges?

ambcrypto12/21 03:02

Bybit Returns To UK’s Crypto Scene Following 2023 Exit — Details

Cryptocurrency exchange Bybit is relaunching its platform in the United Kingdom after halting operations in late 2023 due to stricter Financial Conduct Authority (FCA) regulations. The new UK platform will offer spot trading on 100 digital asset pairs and peer-to-peer (P2P) trading. Bybit's return was made possible through a partnership with Archax, an FCA-approved digital asset exchange, ensuring compliance with anti-money laundering (AML), know-your-customer (KYC), and financial promotion rules. The exchange aims to provide UK users with reliable access to global crypto opportunities within a transparent and compliant framework. This re-entry is strategic, aligning with the UK's growing crypto adoption, though recent FCA data shows a slight decline in ownership from 12% to 8% of adults over the past year.

bitcoinist12/21 03:01

Analyzing Ethereum’s price rebound as BlackRock shifts $109M in ETH

Ethereum's price rebound to around $2,980 drew significant institutional and whale activity, with large holders like BlackRock moving $108.4M in ETH to Coinbase. This sparked questions over whether it signaled expected downside or profit-taking. Despite the price increase, spot trading volume fell 52%, suggesting weak conviction, while rising Open Interest indicated leveraged positioning was driving stability. Technically, ETH is consolidating in a tight range between $2,790 and $3,000. A break above $3,000 could reverse the downtrend, while a drop below $2,790 may trigger strong selling. Indicators like the ADX and CMF support a bearish near-term outlook, pointing to underlying caution despite the rebound.

ambcrypto12/21 00:02

MEXC Under Fire Again After Users Flag Premarket Scams

MEXC faces renewed criticism as users report fund losses and premarket trading issues. Analyst Gautamgg highlighted two recent cases where the exchange allegedly violated its own rules. In one instance, a buyer purchased tokens at $0.40, but when the listing price reached $1.30, the seller defaulted. Instead of refunding the buyer as per Rule 10, MEXC retained the collateral. Another user reported canceled trades and frozen USDT for over 10 days with unclear support responses. This controversy follows previous accusations in late October when MEXC was accused of freezing over $3 million in user funds without justification. The exchange's CSO later apologized and released the funds. MEXC has since published Proof of Reserves and claims to combat fraud, having blocked over 70,000 fraud attempts recently. However, trust concerns persist as crypto scams surge industry-wide, with TRM Labs reporting a 456% increase in AI-related scams and $2.47 billion lost in the first half of the year.

TheNewsCrypto12/20 17:54

Why Chainlink held $12 despite 11.25mln LINK unlock

Chainlink (LINK) held the $12 support level despite a significant token unlock of 11.25 million LINK from a non-circulating supply wallet. Of these, 9.23 million LINK (worth ~$116M) were deposited into Binance, initially causing exchange netflows to spike. However, selling pressure later eased. Buyers stepped in, resulting in a positive buy/sell volume delta for the first time in two weeks, indicating renewed short-term demand. While the price rebounded to around $12.5, LINK remains down over 8% weekly. Key resistance lies near $13.02, while a break below $12 could see a decline toward $11.

ambcrypto12/20 13:03

Ethereum vs. Bitcoin: What the usage–value split says about prices

Ethereum demonstrates a significant advantage in user adoption with 167.96 million non-empty wallets, nearly triple Bitcoin's 57.62 million. This indicates robust network growth and new user entry. However, Bitcoin shows stronger holding confidence, as its exchange supply has been declining, reducing immediate selling pressure. Despite Ethereum's higher participation, the ETH/BTC pair has failed to sustain gains, with capital favoring Bitcoin's stability during market uncertainty. While Ethereum leads in usage, Bitcoin remains the preferred store of value asset for now.

ambcrypto12/20 09:02

Prepare For Impact: Billionaire Shiba Inu Investor Moves Billions In SHIB To Exchanges

A billionaire Shiba Inu investor transferred 469 billion SHIB (worth approximately $3.64 million) to the OKX exchange, raising speculation about potential selling activity or strategic repositioning. The same whale, who initially acquired 1.03 trillion SHIB in 2020 for just $13,700, still holds 96.22 trillion SHIB ($707.3 million), representing about 16.4% of the total supply. While the motive remains unclear, such large exchange inflows often precede increased volatility. SHIB's price has already declined 13% over the past week, and a large sell-off could further impact its weakened market.

bitcoinist12/19 23:05

In-Depth Analysis of Coinbase's Transformation into an 'Everything Exchange'

The article "Coinbase's Walled Garden" analyzes the company's strategic pivot from being a simple crypto on-ramp to an "Everything Exchange." Historically, Coinbase derived over 90% of its revenue from transaction fees, but as that business faced pressure from fee compression and volatile trading volumes, it has diversified. Now, less than 55% of revenue comes from trading. Coinbase's new strategy bets on aggregation over specialization, integrating stock trading, prediction markets, and perpetual contracts into its platform. The thesis is that once users complete KYC and link a bank account, they prefer the efficiency of a single platform rather than managing multiple specialized apps. This approach aims to capture more user engagement and revenue streams through various fees, spreads, interest, and subscriptions. A key engagement tool is prediction markets (like those from Kalshi), which provide social, event-driven reasons for users to stay active on the app even during stagnant crypto markets. The long-term differentiator could be Base, Coinbase's Layer 2 blockchain, which might enable true on-chain stock trading and programmable money. Ultimately, Coinbase is prioritizing scale over purity, targeting mainstream users who value convenience over decentralization. The goal is to create a "walled garden" held together by convenience—where the friction of leaving outweighs the benefits of using best-in-class specialists—similar to Amazon’s strategy of being "good enough" at many things to retain users across a closed loop of earn, trade, hedge, borrow, and pay activities.

比推12/19 22:38