BiHODL
Chinese Digital Asset Trading Platform
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Hunter's comment
As usual they copy or use Binance design but have various crypto that they dont have. Whats interesting here is that default language is english while usually its chinese. So looks same as always but has new pairs and other bonuses + good mobile app to trade. BiHODL team is spread all over the United States, Singapore and Japan. ANother interesting place to check. Mostly has USDT markets which is not usual.
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They copy binance design, because they are all chainup whitelabels!
Posted using Partiko iOS
i believe so too.. shows how big CZ is ;)
Chainup is not CZ.
Posted using Partiko iOS
CZ said in interview he has company that resells engines for exchanges. so you say chainup just copied engine and sells cheaper?
https://www.chainup.com/
Posted using Partiko iOS
googled already but first i like to reply from my memory/knowledge :)
thanks!
Pretty much all of “Chinese” exchanges come from that company: IDAX, BitMax, Bibox, etc.
The business model is pretty simple. Sell you a whitelabel for cheap. Then when you want to customize it or have issues, you have to pay through the nose and by the hour for their engineering help. It allows the exchange to run with a skeleton staff, mostly marketing. And also makes it easy for liquidity providers to integrate (cuz exchanges are almost all based on the same matching engine). Pretty sure the chainup matching engine is the same as Binance’s.
Posted using Partiko iOS
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