News & Announcements
We have noticed an increase in 51% attacks on smaller bitcoin codebased chains. Please take care and do your own research when investing in smaller coins with less secure block chains. Attacks on these chains usually involve injecting invalid coins which results in CoinExchange.io having more balance internally than we are holding on the real chain due to the false deposits. We are working to actively mitigate these attacks in order to protect these smaller blockchains.
We are now requiring logins from new IP addresses to be verified by email.
Please note our official Twitter account @coinexchangeio has been suspended by Twitter without warning or reason. This also happened to Kraken on the same day. We are trying to get our Twitter account re-activated immediately. IMPORTANT NOTE: It has come to our attention that there are numerous fake CoinExchange Twitter accounts. Do NOT click on the links in these fake CoinExchange Twitter accounts as some will take you to phishing sites that will attempt to steal your login credentials.
Due to the high miners fees on the bitcoin network we will be introducing a minimum deposit fee on the 17th of January. Any deposit of less than 0.05 BTC will incur a fee of 0.0008 BTC. Deposits of equal to or less than 0.0008 will not be credited into a users account.
CoinExchange.io has been spending close to or in excess of 3 BTC per day to dust clean smaller transactions out of our wallet. This is not sustainable. The minimum deposit fee will be used to help us group small transactions into larger outputs.
Hopefully lightning network clients will be released soon which we can integrate into our system that will reduce BTC withdrawal fees. That will allow us to completely remove minimum deposit fees.
In the meantime we will endevour to add more LTC, ETH and DOGE markets as well as adding a new QTUM base market.
We are happy to announce some system improvements. 1 - New charts added to markets pages. The new charts add a host of indicators and tools to improve your trading experience. Currently the charts are still set to a minimum resolution of 1 hour. This will be upgraded to 1 minute soon along with real time updates. 2 - We have overhauled the ERC20 token deposit system, so deposits for ERC20 tokens should be processed much faster than previously. Thank you for your patience.