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.
