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Two cryptocurrency scholarships ranked first in the daily volume ranking on Coinmarketcap today, June 26th, following the introduction of a "transaction fee" model.
CoinBene, based in Singapore, is now in first place, with over $ 2.1 billion in trade volume over a 24-hour period, with Bit-Z based in Hong Kong second with about $ 1.5 billion trading volume over a 24-hour period. Binance, which was previously in first place, is in fourth place, with about 629 million dollars in daily trading volume.
CoinBene introduced its new paid mining model of the transaction on June 23, according to a post from their website.
Users will receive 100% of their trading fees in Coni, the platform's native currency, based on the holding volume of Coni, which is now divided by its total hourly volume then multiplied by 100%. CoinBene he wrote on Twitter that "the trading fee will be exchanged 100% to ETH at the closing price every hour and will be returned [sic] at 15:00 the next day. "
The exchange tweeted on June 25 on their passage at the top of the CoinMarketCap ranking, writing that "now we are the world champion !!!"
in January 2018, we aim to reach the top 10 exchanges in the world. we live our ups and downs in the last six months, and we never give up and now we are the world champions !!! we will continue to move forward with gratitude to our users, honest and humble to the market. pic.twitter.com/fGVeYq7xEs
– CoinBene 满 币 网 (@coinbene) June 26, 2018
According to the Bit-Z website, their new paid transaction mining model means that users are reimbursed for their transaction fees in the "BZ equivalent form", the platform's native ERC20 token, if users have completed level three verification.
The model was introduced on June 25, according to Bit-Z's Twitter, with a limit of 600 million BZ. According to them White paper, the model works by decreasing the amount of BZ returned by 3% for every 10 million BZ periods.
Bit-Z tweeted on June 25 that the total turnover of the 12-hour period after the start of the new transaction commission model exceeded 27 billion:
Dear,
The volume of Trading Mining is to break 60 million ~Starting from 8:00 am on June 26th (UTC / GMT + 08: 00), the total turnover of the 12 hours has exceeded 27 billion !!! Please stay enthusiastic and my more BZ💪💪💪
Enjoy Trading, everyone ~
Real-time data: https: //t.co/GroxvWgWjs pic.twitter.com/1HjJBidif1
– Bit-Z.com (@BitZExchange) June 26, 2018
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