Hi guys and welcome to this week’s update!

Next to LATOKEN we now have another new exchange!

It’s an important one this week as we continue our Token Swap. The exciting news is we now have not one, but TWO new exchanges on board — and trading of the new MyBit token has started in earnest.

First up is ForkDelta, a token exchange that lists more ERC20 tokens than any other. Those who read our Monday blog will know that we’re also now listed on LATOKEN. LATOKEN is a decentralized exchange based on DAG technology (Directed Acyclic Graph), which means it can process up to 100,000 transactions per second. No mean feat.

It’s worth noting that while you can trade the new MyBit token on ForkDelta and LATOKEN, please don’t send old tokens to those exchanges. Equally, avoid sending the new tokens to Cryptopia, HitBTC and Coinexchange.

HitBTC has currently stopped withdrawals and we’ve sent multiple requests to reopen them. Before the Token Swap, we kindly asked they stop deposits and keep withdrawals open but, unfortunately, we have no power over how exchanges act. We’re encouraging the community to contact HitBTC directly about reopening withdrawals. We hope this will be rectified soon and will update you further when we hear anything.

In other news, we’ve been working hard this week on the website and the new update will be out this weekend. To speed things up even more, we are on-boarding several new React developers. They’ll be focusing on the site and DApp and they’ll give us enough of a development boost to power through the roadmap.

But we’re not done yet…

Keep your eyes peeled for some very big news on Monday!

Catch you then,

The MyBit Team.