Bitfinex one of the biggest cryptocurrency exchange recently announced trading of two new tokens Verge and Steller’s Lumens.
On May 1st, 2018, Bitfinex announced the addition of two new cryptocurrencies to its trading platform which is Steller and Verge. Stellar and Lumen have been very bullish in the last week. Bitfinex made the announcement via two separate blog posts.
According to Coinmarketcap Verge and Stellar have a combined market cap of about $9 billion. Stellar (XLM) is the 8th largest cryptocurrency by market capitalization while Verge (XVG) is 24th on the list.
Bitfinex CEO Jean-Louis van der Velde commented on the new additions:“Adding Stellar and Verge to our platform underlines our commitment to extend the reach of Bitfinex traders to the most exciting investment opportunities in the space and with a combined market cap of $9+ billion, these elite tokens bolster our growing array of tokens as we continue to anticipate the needs and demands of the digital asset community.”
Jean-Louis van der Velde added: “Today’s announcement continues the strong wave of activity within the Bitfinex community, following the addition of 12 new tokens to our platform earlier this month and we look forward to maintaining this positive momentum in the weeks and months ahead.”
On April 11, 2018, Bitfinex listed 12 new tokens, among them Loopring, Aion, and IOSToken. The combined market cap of the 12 coins was about $1.1 billion at that time.
Mithril (MITH), Storj (STORJ), Dether (DTH) and Aragon (ANT) was also added to Bitfinex.
About Stellar (XLM)
Stellar (XLM) is headquartered in Silicon Valley California is a nonprofit organization. Lumens (XLM) is the crypto network with the same name. Stellar Lumen (XLM) empowers firms, financial institutions, and people to move funds easily. IBM partnered with Stellar last year for cross-border payment systems.
About Verge (XVG)
Verge (XVG) decentralized platform which is powered by blockchain and is meant to support privacy. Pornhub the largest free porn site recently partnered with Verge team.
Bitfinex has over $1.1billion trading volume within 24 hours is one of the largest cryptocurrency exchanges in the world and is also one of the most advanced cryptocurrency trading platforms with OTC trading, Margin trading, P2P financing among many others.