Dear Txbit users,

Seems like only yesterday we posted the first development update, but nearly a whole month has passed since then. We have been extremely busy, both on the frontlines and behind the scenes, achieving many of our milestones along the way.

First of all, we are extremely happy to report that all the incorporation paperwork has finally been completed and processed by the Dutch Chamber of Commerce. You can find the incorporation details on the KVK website: https://www.kvk.nl/zoeken/?source=all&q=Txbit&start=0&site=kvk2014

As we have reported in previous update, one of the big challenges we face is being listed on websites such as CoinMarketCap. We are extremely happy to inform you that solid progress has been made on getting txbit on such services. Txbit is now listed on Coinpaprika and Delta mobile app. We have made a Pull Request for integrating Txbit into CoinGecko, which has also been reviewed and merged into their main branch. We hope that Txbit will be visible on CoinGecko in the coming days.

Another substantial change has been made on the Listing process and Listing Fees. We have listened to the community feedback and after some careful deliberation we have decided to lower the listing fee by a factor of 4. Adjusted listing price is 0.25 BTC for all pairings. A change has also been made to reduce the amount of spam/fake submissions by integrating the payment directly into the submission form.

Lastly, the Community Coin Vote has been a great success with the first round coming to an end tomorrow (6th of March). The second round of Community Coin Vote will start approximately 1 week after the first one is finished. We will make an announcement of all the candidates for Round 2 a few days before it starts. If you would like to submit your projects, please do so here: https://voting.txbit.io

Txbit Development Update 02

Completed
Home Screen

• Implemented Exchange Statistics as requested by users
• Implemented Listings section, enabling users to easily see recent listed coins and tokens
• Made some changes to the layout of the components

Wallets page

• Implemented “Minimum Withdrawal Amount” into each Withdrawal Wallet page

System Wide

• Updated listed coin/token logos to sharper images
• Plaintext email alternatives implemented
• Updated API documentation
• Implemented Cryptonote protocol support

In Progress

• Making improvements to some security aspects when using 2FA authentication
• Fees page with the details of withdrawal fees, minimum amounts and deposit confirmations
• Make changes to how Total Balance is calculated to the user. This will also be expanded on the Dashboard.