Bitfinex Announce Support for Stellar (XLM) and Verge (XVG) by contentjunkie

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· @contentjunkie ·
$56.97
Bitfinex Announce Support for Stellar (XLM) and Verge (XVG)
<center>https://s3.amazonaws.com/main-newsbtc-images/2018/05/01204258/Bitfinex-1500x700.jpg</center>

From NewsBTC
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<blockquote>
Bitfinex, one of the world’s largest cryptocurrency exchanges, has added Stellar Lumens and Verge to its list of supported currencies. This follows recent news of new fiat pairs including British pounds GBP and Japanese Yen JPY.

Bitfinex Adds Two Coins and More Trading Pairs
Bitfinex now supports 56 cryptocurrencies, all of which can be traded with USD and BTC. Last month they introduced trading for 12 new Ethereum tokens which have a combined market capitalization of more than $1.1 billion. Stellar and Verge have market caps of $8 billion and $1.1 billion respectively. Bitfinex is currently the sixth ranked exchange with a 24-hour trade volume of $1 trillion.

Stellar is an open-source network for building financial products. It aims to provide a decentralized way for banks and individuals to connect, offering fast cross-border transactions. Co-founder Jed McCaleb was originally a co-founder of Ripple, but decided to start his own cryptocurrency over fears that Ripple was not decentralized enough. Stellar was originally a Ripple fork but has had its code re-written since.

Verge is a Bitcoin fork designed for everyday payments. It was created in 2014 under the name DogeCoinDark. It is touted a privacy coin due to the Wraith protocol which allows users to switch between private and public ledgers. When Wraith is used, transaction data is not available via the blockchain explorer.

On April 17, Verge announced a partnership with Mindgeek, who own Pornhub and other adult entertainment sites. This was revealed two weeks after they launched a four day long crowdfund which was mostly fulfilled by TokenPay, who are partners with Verge. In the run up to the announcement, the price increased by 150% and sits currently at $0.08.
</blockquote>
Read more: https://www.newsbtc.com/2018/05/01/bitfinex-announce-support-for-stellar-xlm-and-verge-xvg/

<hr>

The number of altcoins I wish I was hodling more is growing.  I've been mining some Verge lately but barely have any Stellar and think it could be a good one. I'm definitely going pay more attention as it gains adoption hopefully I get in before it's too late.

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@fahad12415 ·
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@newageinv ·
This was interesting news as I am interested in opening a position in Stellar Lumens but I really do not want to leave it on Bitfinex for sure.  I need to figure out how to store those off the exchange more securely.
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@james1122 ·
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@booster ·
<p>This post has received a 8.16 % upvote from @booster thanks to: @contentjunkie.</p>
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@transparencybot ·
<h3>This post, with over $50.00 in bidbot payouts, has received votes from the following:</h3>

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**For a total calculated bidbot upvote value of $56 [STU,](http://steem.supply/rewards) $117 USD before curation, with approx. $14 USD curation being earned by the bidbots.**

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@boomerang ·
This post has received a 10.74 % upvote from @boomerang.
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