Revision of anti-money laundering policy and reshaping discount levels
Dear users, In anticipation of the Fifth Anti-Money Laundering Directive (AMLD5) which will enter into force in the coming days; in regards to The Rock Trading and its activities, there will be no substantial changes but only a revision of certain formalities and terminologies in the policy, which the user needs to approve once logged… Read More »Revision of anti-money laundering…
AMLD5 – An obstacle for cryptocurrency? We share our point of view
During these hours, several newspapers are wondering if the AMLD5 directive is an obstacle for the crypto currency industry… from our point of view, as a compliant European exchange, we decided to answer and to share with you a different perspective. Recently, a lot of crypto startups/activities operating in Europe, have declared that, following the… Read More »AMLD5 – An obstacle…
Revision of anti-money laundering policy and reshaping discount levels
Dear users, In anticipation of the Fifth Anti-Money Laundering Directive (AMLD5) which will enter into force in the coming days; in regards to The Rock Trading and its activities, there will be no substantial changes but only a revision of certain formalities and terminologies in the policy, which the user needs to approve once logged… Read More »Revision of anti-money laundering…
AMLD5 – An obstacle for cryptocurrency? We share our point of view
During these hours, several newspapers are wondering if the AMLD5 directive is an obstacle for the crypto currency industry… from our point of view, as a compliant European exchange, we decided to answer and to share with you a different perspective. Recently, a lot of crypto startups/activities operating in Europe, have declared that, following the… Read More »AMLD5 – An obstacle…
Fee restructuring for withdrawals (and deposits)
This story started when bitcoin network fees got to a level beyond our current fixed fee of 0.0005 BTC per withdrawal. For a while we took the hit of losing money on each bitcoin withdrawal, but had to find a solution, sooner or later. We hate to increase fees, so that’s what we have done.
Bitcoin hard fork and The Rock Trading
Hello rockers, recently we have been asked several times what we are going to do in case of a bitcoin hard fork by Bitcoin Unlimited and miners supporting it. TheRockTrading, along with other exchanges, has signed a public document trying to clarify our position on the matter. As far as I understood, it did not clarify much because each side has read it according to their own vision :-).
Zero-knowledge
As most of our customers already know, the “rules” that we follow here at The Rock Trading Ltd to list a new currency are simple and straightforward: 1. It should be interesting either from a technical or a financial point of view. 2. Our users are interested in it. 3. Market makers are willing to provide enough liquidity (and this, often, is crucial).
Ethereum hard fork
It’s now clear to all that the infamous ETH fork is a complete mess (and kudos to Bitcoin developer for making their point to not move forward with contentious hard forks). At therocktrading.com we made a clear choice to handle just one ‘Ethereum’ chain: as I explained before, we are small and could not afford to follow, maintain, handle transactions and give support on yet another chain, even if we would have loved to. ETH seemed the dominant chain after the fork and so we stayed with that, even if…