This cold wallet system will eventually prevent any hacking attempts and hence make the exchange platform more stable.
On 10 August, the sale of Ruby token (RBY), the main currency of Ruby-x, begins along with its beta service.
Ruby-x Overview
Ruby-x is a new concept of cryptocurrency exchange that provides an integrated trading service based on blockchain technology.
Token Sale
Ruby Exchange has announced that its token sale will begin on 10 August to 17 September 2018.
The Ruby token, RBY, is designed to be the key currency of Ruby Exchange and be used to pay all transaction fees with RBY.
Despite their reputation for volatility, crypto markets spend most of their time ranging, as liquidity cycles, leverage resets, and value discovery limit sustained trends.
Bitcoin corrections are becoming shorter but more aggressive as leverage, derivatives, and institutional participation compress market reactions and accelerate liquidity-driven moves.
Understanding the hidden role of stablecoins helps explain why price moves occur when they do, and why markets sometimes stall despite bullish narratives.
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