According to the quarterly rebalance of the Canadian Securities Exchange (CSE) Composite Index on Monday September 19, Cascadia Consumer Electronics Corp. that operates world’s only listed blockchain asset exchange Allcoin.com was added to the index. Allcoin official website has issued a notice to confirm the news.
The CSE Composite Index is a broad indicator of market activity for the Canadian Securities Exchange. According to CSE regulations, only securities with a minimum market capitalization of $5 million eligible for inclusion. The successful inclusion to the index indicates that the company’s market capitalization has been increased significantly, shows in particular that Allcoin has been endorsed by the markets since the operation. Allcoin has been a trustworthy exchange for most investors to choose. It was launched with the first beta version in February 2016, and after several website revisions the formal operation begun in August 2016. Subsequently, Allcoin exchange listed Bitcoin (BTC), Litecoin (LTC), Goldpay Coin (GP), Lisk (LSK), GameCredits (GAME) and other digital currencies, opened USD and BTC markets, which led to trading volume and the amount of new users increased rapidly. It is expected that Allcoin is going to open RMB market allowing users to deposit and withdraw RMB in order to provide more convenient trading experience for users in China.
Allcoin is working to become a truly secure exchange under the current situation of deteriorating industry security. In 2013, with regard to theft case of Mt.Gox exchange, users lost bitcoins worth more than $400 million. In 2016, the famous exchange Bitfinex.com lost bitcoins worthy of $75 million. These painful lessons taught the industry the importance of a truly secure exchange. Allcoin believes that only the transparent and professionally audited financial management could make the exchange industry really become safe for its users.
Currently, Allcoin accepts the formal financial audit and the surveillance of Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). Allcoin is in possession of the industry’s leading technology, experienced management team and strong financial support from public company. Therefore, Allcoin is able to provide a secure and professional trading platform for global digital assets enthusiasts.
The announcement of the quarterly rebalance of the CSE Composite Index provides more effective investment information for the majority of investors.
Further information about the index can be found on the CSE website:
Further information about Allcoin can be found on the official website: