HitBTC Token

Our industry experts have prepared a short digest outlining the main news of the crypto market and the latest updates that have taken place on the HitBTC platform!Cryptocurrency Market:In September, the prices of the main crypto assets continued to decline.<a href="https://hitbtc.com/btc-to-usdt" rel="noopener noreferrer nofollow">BTC</a> price on September 30 was $19.495 and showed a 3,1% drop from $20.259 on September 1.The Ethereum network update from Proof-of-Work (PoW) to Proof-of-Stake (PoS),<a href="https://hitbtc.com/blog/an-ultimate-guide-to-the-merge-and-ethereums-proof-of-stake-transition/" rel="noopener noreferrer nofollow"> the Merge</a>, did not affect Ethereum prices positively.<a href="https://hitbtc.com/eth-to-usdt" rel="noopener noreferrer nofollow">ETH</a> price showed a 12% drop in September 2022. The price of Ethereum was $1.335 on September 30.The best-performing altcoins in September were:<ul><li>Quant (<a href="https://hitbtc.com/qnt-to-btc" rel="noopener noreferrer nofollow">QNT</a>) from $96.6 to $143.6</li><li>XRP (<a href="https://hitbtc.com/xrp-to-btc" rel="noopener noreferrer nofollow">XRP</a>) from $0.32 to $0.48</li><li>Compound (<a href="https://hitbtc.com/comp-to-btc" rel="noopener noreferrer nofollow">COMP</a>) from $46.93 to $61.1</li><li>PancakeSwap (<a href="https://hitbtc.com/cake-to-btc" rel="noopener noreferrer nofollow">CAKE</a>) from $3.95 to $4.77</li></ul>What is new on HitBTC:<ul><li>In September, we burned a total of 27,680,211 HIT tokens (about $3,6 million USDT). <a href="https://etherscan.io/tx/0x2ffee3b53c41ad4a2574217b33a1e6b2e392df4aca883d84a87bc42baa311e51" rel="noopener noreferrer nofollow">Transaction Link</a></li><li>We have added a number of improvements in our <a href="https://hitbtc.com/wallet" rel="noopener noreferrer nofollow">Crypto Wallet</a>:</li></ul>iPhone and Android app users can now send funds to other HitBTC users using zero-fee off-chain transfers. We know that the crypto wallet addresses might look confusing, so transfers to other HitBTC users can be made via their email, user ID, and anonymous links.In September, we successfully supported forks and updates of the following projects:<ul><li>Theta Network (<a href="https://hitbtc.com/theta-to-btc" rel="noopener noreferrer nofollow">THETA</a>)</li><li>Tezos (<a href="https://hitbtc.com/xtz-to-btc" rel="noopener noreferrer nofollow">XTZ</a>)</li><li>Cardano (<a href="https://hitbtc.com/ada-to-btc" rel="noopener noreferrer nofollow">ADA</a>)</li><li>IoTeX (<a href="https://hitbtc.com/iotx-to-btc" rel="noopener noreferrer nofollow">IOTX</a>)</li><li>Terra Classic (<a href="https://hitbtc.com/lunc-to-btc" rel="noopener noreferrer nofollow">LUNC</a>)</li><li>BNB (<a href="https://hitbtc.com/bnb-to-btc" rel="noopener noreferrer nofollow">BNB</a>)RSK Infrastructure Framework (<a href="https://hitbtc.com/rif-to-btc" rel="noopener noreferrer nofollow">RIF</a>)</li><li>Ethereum (<a href="https://hitbtc.com/eth-to-btc" rel="noopener noreferrer nofollow">ETH</a>)</li></ul>New listings on HitBTC:PLC Ultima (<a href="https://hitbtc.com/plcu-to-usdt" rel="noopener noreferrer nofollow">PLCU</a>) is a mass-use crypto tool that aims to provide users with access to global financial infrastructure and instant payments around the world.EthereumPoW (<a href="https://hitbtc.com/ethw-to-usdt" rel="noopener noreferrer nofollow">ETHW</a>) is a hard fork of the Ethereum blockchain after the Merge. The Merge saw Ethereum transition to Proof-of-Stake, while the forked version remained on Proof-of-Work.<a href="twitter.com/hitbtc" rel="noopener noreferrer nofollow">Twitter HitBTC</a><a href="https://t.me/EN_HitBTC" rel="noopener noreferrer nofollow">Telegram HitBTC</a>

HitBTC Digest September 2022: crypto market and HitBTC platform news!

HitBTC EXCHANGE

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