Australia-headquartered cryptocurrency exchange CoinTree announced new altcoins additions to the service today plus improved BTC fee calculations to ensure a timely transfer on the Bitcoin network.
Recently, Bitcoin service fees have increased and the changes implemented today will help transfers confirm on the Bitcoin network just as quick as usual.
- Altered how the economy fee option works – Previously, economy sends would be batched and broadcast at an appropriate time when the Bitcoin network is quiet. However, the Bitcoin network has been seeing fewer predictable quiet times recently. Thus, CoinTree has opted to immediately broadcast user transfers at a reduced fee. CoinTree will be monitoring this over the next few weeks to ensure transfers meet the right balance of cheap network fees and quick confirmation times. Please note, Bitcoin network fees are not a CoinTree fee.
- Added a button to quickly send whole bitcoin balances – saving time from having to manually calculate it.
In the past weeks, the exchange made other changes by upping the minimum bitcoin purchase amount and also raised CoinTree commission by 1%.
Also announced were new altcoins as mentioned, the details can be found below:
Added: Aragon, GameCredits, Gnosis, Matchpool, Komodo, iExec, Swarm City, TokenCard, WeTrust, Wings.
Removed: BitCrystals, BitcoinDark, Emercoin, Factoids, Lisk, Maidsafe, Omni, Nubits, Shadowcash, Siacoin, StorjX, Steem, Tether, Counterparty.