Exchanges Round-Up: Spotware Launches “Out-of-the-Box” Platform, Huobi to Rebrand Hadax

Spotware Launches Out-of-the-Box Crypto Exchange Software

Earlier this month, Spotware, a Cyprus-based company that offers “out-of-the-box” trading platforms for brokers, announced the launch of “Cxchange” – an out-of-the-box cryptocurrency exchange platform that “allows anyone to start a crypto exchange.”

Alexander Shuman, the chief executive officer of Spotware, stated: “We used our expertise and proven technologies to create Cxchange. There are only a few solutions available in the market resembling Cxchange, but our platform is a high-quality product unlike other ones, as it was developed by a professional financial software development company.”

Spotware’s website states that Cxchange offers “robust and scalable architecture, a matching engine which can support any asset, high level of security, and 24/7 technical support from Spotware.”

Huobi Announces Hadax Will Merge With Huobi Global

The Huobi Autonomous Digital Asset Exchange (Hadax) will be upgraded and rebranded to “Huobi Next,” before merging with Huobi Global on September 19th.

A blog post published by the exchange describes the merger as being the product of “a long-term strategic perspective,” adding that “The merged Huobi Next will be displayed in a unified interface with Huobi Global, where trading of all coins on the Hadax will be moved to Huobi Global. Huobi Global will share the brand potential, the trading users and other resources of Huobi Global with Huobi Next. The voting and Project Center will also be merged to the main website together with Huobi Next.”

Faced With Cash And Forex Shortages, Zimbabweans Turn To Bitcoin – Even When It’s Banned

Cryptocurrency may be banned in Zimbabwe, but bitcoin is helping ordinary folk make payments bank-free. It makes for a great fit for the more than 10 million Zimbabweans who lack access to basic banking services. And it’s even more beneficial to the banked few, a distrusting lot, keen to protect their savings against bank failure, inflation or even political turmoil.

How Do You Feel About Paying Rent in Bitcoin?

How would you feel about paying rent in bitcoin (BTC)? Josh from Zimbabwe’s second largest city, Bulawayo, feels great about it. “I didn’t have cash at hand, so, my landlord who is open-minded about cryptocurrency said I could pay in bitcoin,” Josh told news.bitcoin.com.

Harare, Zimbabwe.

The 23 year-old unemployed psychology graduate, who mines bitcoin at a small scale, zipped 0.02281BTC to his landlord, the equivalent of US$120 at the time.