Forbes Report on ONEROOT

1 min readJan 22, 2019

From 2018 to 2019, the cryptocurrency market was turbulent, all the while, cryptocurrency has slowly become a mode for investment. At present, there are more than 10,000 cryptocurrency exchanges. As mentioned in Forbes, the high cost of listing, poor security, unfavourable user experiences and finally, lack of fiat currency gateways — obstruct user’s trading behavior. The trading data of different exchanges are unable to be exchanged, which makes it even more difficult for exchanges to survive in the bear market. In terms of the fundamental problem of highly volatile market conditions, ONEROOT and BXA, the majority institutional shareholder of Bithumb, have built an exchange alliance in which trading data can be shared, fully reflecting the distributed thinking of blockchain.