Stellar Lumens [XLM] now on China’s biggest crypto exchange Huobi
In a major development, China’s biggest cryptocurrency exchange platform – Huobi Global- announced that it will allow trading of Stellar [XLM] from July 26. The firm said deposits are being made available from July 25 and withdrawals from July 28.
Further, Huobi has a slew of updates in the line-up to bring in more investors. The users will experience a fully functional Application Programming Interface [API] and seamless environment for transactions.
The company launched BIX token on July 24. It stated on its official website:
Successfully registered and verified users with cumulative BIX trading volume (Buying + Selling volume without executed volume) from 15:00, July 25 to 15:00, July 28 (GMT+8) will receive the same amount of BIX, up to a maximum of 28 BIX each. We will give 156166 BIX in total according to the order of trading volume during the campaign, whilst stocks last. Rewards will be given in 5 working days.
Stellar has been making great strides of late as XLM was the only token that saw a 20 percent rise among the top 30 cryptocurrencies last week. It also joined hands with Kodak for their flagship product, KODAKONE.
Stellar became popular in the cryptocurrency world when new reports emerged that XLM may be listed on San Francisco-headquartered exchange Coinbase. It gave the coin a 69 percent jump.
Also, XLM was the first cryptocurrency to receive the Sharia Certification for transactions and the tokenization of assets.
At the time of writing, XLM is trading at 0.301 USD with a market cap of 5.657 billion USD. It is at sixth position in terms of market capitalization and has seen a growth of 0.50 percent over the past 24 hours.
Stellar for Beginners: Say Hello to Stellar Lumens (XLM)
Today, Stellar Lumens is one of the top ten cryptocurrencies. In fact, the price of this crypto coin saw a major spike, after it bagged one of the most prestigious partnerships in the world of digital currencies with none other but the tech giant, IBM. Today, experts predict that Stellar is a Ripple without the drawbacks of the latter.
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