Privacy-oriented coins continue to make headlines and become most trader’s choice. One as such is Verge XVG, it is one of the best performing altcoins and the team behind it has been unveiling some of the most promising projects. In the last two days, the altcoin has spiked by over 30%. Much of these gains can be attributed by the general market gains witnessed at the beginning of September. But one catalyst that might have just triggered it to go further, the listing by an EU exchange. Sports-betting platform; 1xBit, has also recently added Verge XVG to its list of tokens. The listing of the coin on 1xBit sees the coin join the likes of Bitcoin, Dash, Dogecoin, and Ethereum.
Verge Listed On Anycoin Direct
Anycoin Direct; a European based crypto exchange, announced on August 29 it would be listing Verge (XVG) on its platform. After the announcement was made by the exchange, Verge confirmed it through one of their members; Arend. The exchange which is well trusted, having been established in 2013, offers a new market in Europe and brings more credibility and trust to the Verge project. The partnership will allow users to exchange Fiat with XVG through the Anycoin Direct platform. This recent announcement brings credibility to the coin especially given the rather rocky start of the year. The project twice suffered a DDOS attack, shinning a bad light on it. The attack was followed by a bearish market that saw the coin loose more than 95% of its value since its all-time high.
One of the major advantages for XVG being listed on Anycoin Direct is that the exchange does not hold customers funds. Unlike most exchanges, Anycoin Direct allows for direct payment methods. This makes it fast, reliable and secure.
The announcement was made days after the Verge team gave an update of their recent developments on a medium post. The team says the Verge XVG Desktop Wallet now has a newly designed address book. They also say that the release of the stable Electron framework is still in progress and the iOS wallet is still in works. Additionally, the team emphasized the need to find a way to store private keys securely:
Due to the use of the insight API within our latest iOS wallet and in our desktop wallet, we must find a way to store our private keys securely. We are going to establish the BIP39 Format, which allows you to recover your private keys using a personal word combination
Latest Listing On 1xBit And PornHub
Popular sports-betting platform 1xBit has recently added XVG to its list of accepting and receiving tokens. This makes Verge one of the few coins listed on the platform confirming that the betting platform has complete confidence with the coin. This listing will also expose it to a new market.
Earlier in the year, the coin was added to PornHub, an adult site that accepts cryptocurrencies. The site showed complete confidence in the coin as it listed it before the more popular Tron coin.
For sure, Verge XVG might not have started the year well, but it seems it will be having one of the best ends of year party.