Verge gets listed on Huobi, XVG expects a boost
China’s largest cryptocurrency exchange, Huobi, announced that Verge (XVG) has been listed on its platform on July 31. Huobi Global’s official twitter handle shared the news mentioning that the deposits will also be available from 14:30, July 31, 2018 (GMT+8).
From August 1, XVG/BTC and XVG/ETH trading pairs will be available at New Zone from 15:00. Two days later, on August 3, withdrawals will be available from 14:30 (GMT+8).
Huobi was founded in 2013 with its headquarters based in Singapore. Since its emergence, it has established itself as a trustworthy cryptocurrency exchange with high volume trades on a day-to-day basis. Verge community has high hopes that after listing the XVG price will go up.
Verge (XVG) expects a spike in price
Verge (XVG) is currently trading at $0.025, with a market cap of $390 million and is ranking 35, according to CoinMarketCap. Often, a listing on a well-known exchange provides a boost to the coin. The same is expected from XVG price.
Launch of Verge (XVG) on Huobi Global! Deposit has started.
XVG/BTC & XVG/ETH trading pairs will be available tomorrow from 15:00pm August 1, 2018(GMT+8).
— Huobi Global (@HuobiGlobal) July 31, 2018
Previously, coins like Cardano (ADA) and Lisk (LSK) price jumped 10% and 20 % respectively after Huobi listing. Currently, CoinMarketCap shows that XVG is up by 5.90 % in 24 hours. However, it’s to be noted that the spike is generally temporary.
In other news, the multilingual exchange is now moving to Canada, after setting up offices in South Korea, U.S., Hong Kong and Japan. At the EDCON meeting held in May, Huobi presented a plan to expand its domain in the Canadian marketplace.
Image via Shutterstock
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