CoinFLEX’s Next Steps

Many of you may have seen the Bloomberg article about our filing for restructuring or have received the notice by email.  This article elaborates on CoinFLEX’s next steps, specifically what each step depends on and our progress on each. Of course, these next steps could change.    Publishing Everything We…

CoinFLEX – 2021 in Retrospect and the Year Ahead

2021 was a transformational year for CoinFLEX. We saw: FLEX Coin price: ATL $0.2 to ATH $7.34 = +3,570% User growth: +400% Daily trading volume: $47.9M to $9B = +18,689% Open Interest: $191M to $444.6M = +132.7% flexUSD marketcap: $20M to $385M = +1825% flexUSD total interest paid: $17M+ flexUSD…

December 2021 Market Insights

Crypto market performance As we approach the end of the year, we look back on what has happened in the crypto markets over the past few weeks. In early November, crypto markets showed a slight pullback after BTC and ETH went from reaching all-time highs of $68.7k and $4.85k, respectively,…

Moonpay Integration for Easy Access to Crypto on CoinFLEX

In another integral step in CoinFLEX’s journey to becoming a dominant exchange, we have engaged in another collaboration to expand to products that are crucial in making user experience easier, simpler, and more enjoyable. CoinFLEX has now integrated fiat onboarding services for your in-house wallet, meaning you are able to…

CoinFLEX Joins Forces With Copper to Open Access to New Crypto Yield Offering

CoinFLEX has partnered with Copper, the leading digital asset custody and trading solutions provider, to integrate flexUSD into Copper’s ClearLoop.  ClearLoop is Copper’s unique instant settlement trading network, allowing institutions to trade CoinFLEX products seamlessly with their funds safely secured within Copper’s platform. This partnership will accelerate the institutional adoption…

Exploring Stablecoins & how flexUSD is different

Introduction to stablecoins A stablecoin is a cryptocurrency that is linked to a “stable” reserve asset such as the U.S. dollar but unlike other cryptocurrencies they are designed to provide stability within the crypto ecosystem. For example, a dollar-pegged stablecoin (like USDT & USDC) is redeemable 1:1 for the U.S.…