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What is CMT cryptocurrency (CMC exchange)

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CMT is a cryptocurrency and according to the news from CoinCryptorama, its trad

What is CMT cryptocurrency (CMC exchange)

CMT is a cryptocurrency and according to the news from CoinCryptorama, its trading volume and turnover have exceeded 100 million US dollars recently. It’s estimated that the website processes approximately 70,000 orders per day, accounting for around 10% of the total trading volume. In June this year, this number reached over 200 million US dollars. However, since the second half of 2018, with the continuous rise in Bitcoin prices, the increasing demand for CMT from global investors, and the launch of Ethereum 2.0 smart contracts, this situation has occurred.

Therefore, some people believe that CMC can be referred to as a “decentralized asset management protocol,” while others think that this could become a very large bubble. However, rumors have been circulating since October last year that a company is raising funds for the CMT project, which may raise doubts about the project.

CMC cryptocurrency exchange

According to official sources, the CMC cryptocurrency exchange will officially open for trading on July 13th at 18:00.

CMC is a virtual asset service provider based in Vietnam, established on February 8, 2018, with operations in Bangkok, Thailand, and investment support from the Estonian government. In June of this year, the exchange conducted its first ICO issuance in South Korea, with a current valuation of up to 2 billion US dollars. The platform has previously raised over 30 million new Taiwan dollars (about 300 million Korean won). In addition, it has announced the launch of an investment project ecosystem called mcchain, which applies blockchain technology to build a new financial system combined with the encrypted asset market.

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