Stellar Lumens (XLM) gets listed on Dubai-based crypto exchange BitOasis
The Dubai-based Bitcoin and cryptocurrency exchange, BitOasis serving Middle East and parts of North Africa announced on Tuesday that they have the added XLM tokens to the company’s digital exchange trading platform.
As per the press release, users can now buy and sell XLM against AED with 0% trading fees till November 27th, 2018. The buy, sell, and trading features for the Stellar (XLM) is available to users in the United Arab Emirates, Saudi Arabia, Kuwait, Bahrain and Oman only.
Stellar (XLM) is the latest addition to a list which already contains Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Ripple (XRP), Litecoin (LTC), ZCash (ZEC), Monero (XMR) and Ethereum Classic (ETC) on BitOasis.
Earlier on Tuesday, the crypto market witnessed a sharp fall, which saw the collective market cap losing over $25 billion and settle at $152 billion. All major coins took a blow which came only few days after last week’s market crash. Stellar Lumens [XLM] was one among the five coins named in a Coinbase blog post earlier this year, sparking listing excitement.
With the of the 0x protocol [ZRX] token and Basic Attention Token [BAT] to Coinbase, investors are optimistic about Stellar Lumens’ (XLM) listing.
However, the coin took some serious hammering in the bearish trend that has been dictating the market this year and it’s looking much likely that its market cap will drop below the $4 million mark for the first time since July.
As of 0000 UTC on Monday, the market cap of Stellar Lumens stood at $4.81 billion and it witnessed drop of only 14.7% in the last 24 hours to reach $4.05 billion. Right now, XLM faces an imminent danger of its total market value falling below the $4 billion mark for the first time since July.
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