Saturday, June 15, 2024

Bitfinex Introduces Trading of Stellar and Verge

Bitfinex, the world’s leading digital asset trading platform, which offers state-of-the-art services for digital currency traders and global liquidity providers, has today announced the introduction of two new token listings to its trading platform.

With a 24-hour trading volume of more than $1.1 billion, Bitfinex is a leading provider of a number of advanced trading features and charting tools, peer-to-peer financing, OTC and margin trading across a number of digital assets for the growing global crypto trading community.

The newly introduced token listings have a combined market capitalization of $9+ billion USD and both tokens are firmly positioned among the world’s top 30 coins, representing a significant addition to the Bitfinex trading platform.

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. With a stellar 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,” said Jean-Louis van der Velde, Chief Executive Officer of Bitfinex.

Stellar (XLM) is a Silicon Valley-based nonprofit organization that supports the Stellar network – a free, open-source network that connects diverse financial systems and lets anyone build low-cost financial services – payments, savings, loans, insurance – for their community. The Stellar network enables money to move directly between people, companies, and financial institutions as easily as email. This interconnectivity means more access for individuals, lower costs for banks, and more revenue for businesses.

Verge (XVG) is a decentralized blockchain platform and cryptographic token created with privacy in mind. Verge Currency is fast, flexible, private and anonymous. More importantly, it’s a currency built to support widespread mass adoption as it scales across the globe. Verge Currency makes it possible to engage in direct low cost transactions – quickly, efficiently and privately, providing businesses and individuals with options for sending and receiving payments instantly.

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. We look forward to maintaining this positive momentum in the weeks and months ahead,” concluded van der Velde.

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