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Huobi Announces Verge(XVG) Listing and Trading Pairs

Anca F. by Anca F.
July 31, 2018
in Altcoin News, Latest News

Huobi, one of the world’s leading cryptos exchange platforms, has announced today that it will be adding Verge [XVG] to its list of supported cryptocurrencies at 2:30 PM [GMT+8]. XVG deposits will also be available to users at the same time.

“$xvg is now officially listed and trading on Huobi.pro. thanks to the team at @huobiglobal for working with #vergecurrency. This listing will open doors for our #xvgfam in Asia and abroad. Deposit available 14:30 Jul 31 (GMT +8).” -read the tweet posted by Verge.

XVG withdrawals will be open at 14:30 [GMT+8] starting with August the 3rd. The coin will be available for trading in the XVG/BTC and XVG/ETH pairs at 3 PM on 1st August 2018.

Verge [XVG] is a decentralized open-source cryptocurrency that has a total supply of $16.5 billion and the circulation supply of $15.1 billion.

The coin began its day over the week at a trading value of $0.022, having a market cap of $340 million. At press time, the coin experienced a growth in its price and has reached a price of $0.024 and the market cap is now at $371 million, showing an increase of $31 million.

A Verge developer [XVG], Marvin Piekarek, presented a new version of Electron [Light] Verge wallet along with the Verge codebase to Bitcoin v.0.13. The release of codebase to Bitcoin has generated the integration of innovative security protocols and also enabled a possibility to develop mobile payment systems.

The upgrade also prompted the release of the Ring Confidential Transaction [RingCT], a privacy feature used in transaction security, and RootStock [RSK] smart contracts. As the Verge crypto is mainly set on its privacy and security features, it is logical that it would employ RSK which offers security, scalability and instant payments.

Tags: ExchangeHuobiVergeXVG
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