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OPEN Commences Trading On Kucoin

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OPEN

The OPEN Platform is developing a scalable and interoperable solution unlike any on the market today, designed to make it simple for both developers and end-users alike, enabling developer-friendly blockchain designs to communicate securely with existing centralized application databases. With the understanding that a rather significant number of their fans/supporters were unable to participate in the recent private token sale, OPEN has proudly announced a new partnership with Kucoin along with plans to be listed for trading starting today at 10 am eastern. With the backing of their top-tier partners such as Draper Dragon, NEO, Sora, and Danhua/DHVC, OPEN has formed this partnership with Kucoin in order to provide the community a way to purchase OPEN tokens via a reputable cryptocurrency exchange.

This is fantastic news for all OPEN supporters. You will now be able to buy and sell OPEN tokens, with the supported pairings being OPEN/BTC & OPEN/ETH. Kucoin has done an awesome job making this as easy and intuitive as possible for new users, and this partnership overall is going to be fantastic for the community as a whole.

Filling a Need

OPEN’s Scaffolding product is already live and available today and with a long line of blockchains and partners attempting to onboard their platform, OPEN knows that it is important that they provide an avenue for developers and end-users to purchase OPEN tokens and utilize them within the OPEN network.

With the private sale complete, OPEN moved on to tackle the next part of the equation – to provide a way for the entire community, as well as the rest of the blockchain space, the ability to interact with the OPEN Scaffolds. Combined with their Developer Growth program, centralized exchanges like Kucoin will be key partners in developing the future of OPEN.

Into the Future

Recently OPEN has hinted at major upcoming announcements and this certainly has to be one of them. Having Kucoin as their official first listing partner opens the door for current and new supporters alike and with word of mouth already touting the excitement around what OPEN brings to the industry, announcements like this are only going to serve to add even more fuel to the fire. OPEN has their sights set on taking the blockchain space to the level of scalability, versatility, and adoption that it has an incredible need for and this is very likely the first of many exciting announcements to come.

The future is decidedly OPEN.

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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A Guide to Exploring the Singaporean ETF market

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Singapore’s Exchange Traded Fund (ETF) market has grown, offering investors diverse investment opportunities and access to different asset classes. As the market evolves, investors must navigate these uncharted waters with a clear understanding of Singapore’s ETF landscape. This article explores the trends, challenges and strategies for navigating the Singapore ETF market. To start investing in ETFs, you can visit Saxo Capital Markets PTE.

The Singaporean ETF Market: Exponential Growth

The Singapore ETF market has seen significant growth in recent years, with an increasing number of ETFs covering a wide range of asset classes and holders. different investment topics. 

One of the notable trends in the Singapore ETF market is the growing diversity of available options. Investors can now choose from ETFs that track domestic and international stock indexes, bonds, commodities, and specialist sectors or themes. This diverse range of ETFs allows investors to create comprehensive portfolios tailored to their investment goals.

The growth of the ETF market in Singapore is also due to growing investor demand for low-cost, transparent, and accessible investment vehicles. ETFs offer benefits such as intraday liquidity, real-time pricing, and the ability to trade on exchanges. These characteristics have made ETFs attractive to retail and institutional investors who want exposure to different asset classes.

Regulatory Landscape and Investor Protection

The Monetary Authority of Singapore (MAS) is the…

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Property Loans for Foreigners in Singapore That You Must Know About

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property loans for foreigners in Singapore

Intending to invest in a residential or commercial property in Singapore?  

When it comes to foreigners applying for a loan in Singapore, things can be pretty hard regardless of the reason whether you need the property for personal or business purposes.  

In Singapore, buying a property is challenging, whether you are a foreigner or a native, and sometimes applying for a loan is the only way for you to afford it.  

HOW MUCH CAN YOU BORROW FOR A PROPERTY LOAN IN SINGAPORE? 

As for the Foreigner Loans, in Singapore, there is an exact amount of money you can borrow to finance the purchase of a property.  

In this sense, Singapore has the Loan to Value Ratio (LTV).  

The LTV ratio is what determines the exact amount of money you can borrow for a property loan, which changes depending on where you try to obtain the loan:  

  • If you are applying for a bank loan, you can borrow a maximum of 75% of the value of the property you want to purchase. That means if you are looking for a property that costs $500.000, the maximum amount of money a bank lender can give you like a loan in Singapore is going to be $375.000. 
  • When you are applying for a loan with a Housing…
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CoinField Launches Sologenic Initial Exchange Offering

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Sologenic

CoinField has started its Sologenic IEO, which is the first project to utilize the XRP Ledger for tokenizing stocks and ETFs. The sale will last for one week and will officially end on February 25, 2020, before SOLO trading begins on the platform.  Sologenic’s native token SOLO is being offered at 0.25 USDT during the IEO.   

Earlier this month, Sologenic released the very first decentralized wallet app for SOLO, XRP, and tokenized assets to support the Sologenic ecosystem. The app is available for mobile and desktop via the Apple Store and Google Play.  The desktop version is available for Windows and Mac.

“By connecting the traditional financial markets with crypto, Sologenic will bring a significant volume to the crypto markets. The role of the Sologenic ecosystem is to facilitate the trading of a wide range of asset classes such as stocks, ETFs, and precious metals using blockchain technology. Sologenic is an ecosystem where users can tokenize, trade, and spend these digital assets using SOLO cards in real-time. The ultimate goal is to make Sologenic as decentralized as possible, where CoinField’s role will be only limited to KYC and fiat ON & OFF ramping,” said CoinField’s CEO…

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