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Reddcoin penetrating the Indian market on a new exchange despite regulatory uncertainty




In terms of cryptocurrencies, the Indian government has maintained a somewhat harsh stance. The RBI (Reserve Bank of India) had announced plans to put a crackdown a few months ago on trading and purchasing of cryptocurrencies in the country. According to regulators, the move is set to minimize cases of fraud and money laundry.

However, the decision has resulted in a growing case of anxiety among crypto investors in India. Cryptocurrency related companies are working around the clock to meet the regulators halfway while still serving the growing demand for cryptocurrency investment. But even as uncertainty looms over the crypto industry in India, Reddcoin is making a daring move with its new listing on KoinKo. Now you can use Indian Rupees to trade Reddcoin. Koinko (as a bonus) is also offering over 150,000 RDD tokens as a giveaway in terms of deposits and trading rewards to its users. That is music to any Reddcoin enthusiasts. Let’s take a look at what Reddcoin’s newest exchange is all about.

More about Koinko

At its core, Koinko is giving users in India access to popular altcoins such as Reddcoin, Neo, and Tron to mention but a few. The exchange platform is regulatory compliant with Know Your Customer (KYC) enabled verification processes. Basically, if you need a one-stop solution for trading cryptocurrencies, Koinko is a viable option. Furthermore, the company has put in place anti-money laundering guidelines as issued by the RBI making it a reliable option even with the current regulatory uncertainty in India.

Redcoin for content marketing and content creators

Even with the new listing, there is still no telling what will happen to the price of RDD as the market is still on a bear trend (despite recent developments). Reddcoin, in fact, has been gaining traction in terms of market outreach with a number of exchanges that have listed it as a trading pair on their platform. A few weeks ago, the RDD coin was listed on the BiteBTC exchange as the Reddcoin revolution spread to the Singapore market.

Evidently, Reddcoin is on to something and it’s only a matter time before it becomes the ultimate cryptocurrency for tipping and rewarding creators on social networks. The coin is already in use to promote contemporary art on a platform that allows users to vote for their best pieces whereby the best artists get a 10 percent stake of the sales value in RDD.

What makes Reddcoin Unique?

Well for starters, Reddcoin is taking the idea of social currency to whole new level. It is one of the few coins that can easily be mass adopted thanks to their ease of use and the fact that it’s built to seamlessly integrate with major social networks. This crypto is built to be easy fast and cheap to transact with. Reddcoin uses an eco-friendly staking algorithm that encourages ownership and activity (PoSV) to enable less consumption of energy during mining. What better way to get more social than preserving energy?

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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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XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange



Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited ( ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.

Xeno NFT Hub ( ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.

The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.

NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more. One of the ways to have a successful trading…

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Should Crypto Projects Devote Resources to Community Growth and Marketing?



2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for.  While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory.  When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion.  But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.

I mention both of the above projects as they have each taken slightly different paths to achieve greatness.  Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion.  Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special.  Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.

Cryptocurrency vs. Blockchain Technology

It’s important to make a distinction between blockchain technology and cryptocurrency.  Although they are often used interchangeably, they are different.  Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…

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XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata



Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //

The XENO NFT Hub ( will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.

As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021. 

“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.

He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”

Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”

Mr. Yamagata has been…

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