The Chinese exchange Bitfinex has started listing Verge and Stellar currencies into its tradable coins today. It announced the news via two separated announcements on their website and on its Twitter account.
In the press release that announces the inclusion of the Verge cryptocurrency on their listings page, they state that:
VERGE IS A DECENTRALISED BLOCKCHAIN PLATFORM AND CRYPTOGRAPHIC TOKEN CREATED WITH PRIVACY IN MIND.VERGE MAKES IT POSSIBLE TO CONDUCT DIRECT LOW-COST TRANSACTIONS, PROVIDING BUSINESSES AND INDIVIDUALS WITH A NEW OPTIONS FOR SENDING AND RECEIVING INSTANTANEOUS PAYMENTS.
Also, in the Stellar blog post, where they announce the inclusion of the Stellar Lumens cryptocurrency, they affirm that:
STELLAR LUMENS ARE THE NATIVE ASSET OF THE STELLAR NETWORK – THE STELLAR NETWORK ENABLES MONEY TO MOVE DIRECTLY BETWEEN PEOPLE, COMPANIES, AND FINANCIAL INSTITUTIONS AS EASILY AS EMAIL.
Verge and Stellar Lumens will be tradable against bitcoin, ethereum, dollars, pounds, euros, and yens. For the Verge, it is a remarkable achievement for a cryptocurrency that recently had to fork due to a hack that allowed unlimited mining in its blockchain.
Bitfinex is currently the sixth largest exchange globally, according to CoinMarketCap volume rankings, and the fact of such exchanges listing these two crypto-currencies is very important, because it will introduce the users of this platform to these coins and will give them easy options to trade with them.
The Verge had been a relatively obscure privacy-focused cryptocurrency, albeit with a strong follower base online. It came to a relative spotlight when the developers organized a crowdfunding campaign with the community to achieve a partnership with an unknown brand, that resulted to be Mindgeek, the leading internet porn provider, operator of Youporn, Pornhub and Youporn. Stellar is a relatively new Ethereum rival, that also features smart contracts and it is slowly gaining recognition among the crypto community.
For more information about this, you can visit the Bitfinex Blog and review the original posts here and here.