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).
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.
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