Bitfinex exchange adds Verge XVG and Stellar XLM

One of the world’s largest cryptocurrency exchanges, Bitfinex, has just added trading for Verge (XVG) and Stellar Lumens (XLM).

The Hong Kong-based platform is adding both tokens which are placed within the top 30 cryptos based on market value.

With a market cap of around $8.2 billion, Stellar is number 8, right behind Litecoin, according to CoinMarketCap.

While Verge’s total market cap is around $1.2 billion, placing it at number 24.

These two tokens represent a significant addition to the Bitfinex exchange platform.

In an announcement about the new trading pairs, the CEO of Bitfinex, Jean-Louis van der Velde, said:

“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.”

The digital assets trading exchange, that was launched in 2012, recently announced the addition of 12 new tokens.

The digital assets trading exchange, that was launched in 2012, recently announced the addition of 12 new tokens.

These include Aion (AION), Request Network (REQ), Raiden Network (RDN), IOSToken (IOST), and Loopring (LRC).

Van der Velde said his company hopes the addition of Verge and Stellar to Bitfiniex will continue the exchange’s positive momentum, saying:

“Today’s announcement continues the strong wave of activity within the Bitfinex community, following the addition of 12 new tokens to our platform.

“We look forward to maintaining this positive momentum in the weeks and months ahead.”

In the last 24 hours, data from CoinMarketCap shows Bitfinex has a trading volume of almost $1.1 billion.

The platform offers an over-the-counter (OTC) market, peer-to-peer financing, and margin trading for a wide selection of digital currency assets.

Bitfinex is leading the way by providing greater exposure to a range of altcoins for investing and trading.

Verge and Stellar

The addition to a major exchange can only be good news for Verge and Stellar.

In a day of sideways movement, Stellar has been experiencing minor gains, showing roughly 2% gains in the last 24 hours.

While Verge is surging in value, registering rise 13 percent, making it the second highest climber on Tuesday.

The rise for XVG values is putting the price close to what it was prior to their significant Pornhub announcement.

In the hype of the run up to the big reveal, values for Verge shot up in anticipation.

Since they announced their new partner, however, prices have been slowing slumping back to the pre-hype level.