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Cardano and Tron claim new crypto exchange listings, Verge and Ripple to wait

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crypto exchange

It has turned out to be a good few days for the cryptocurrency market as the prices enter green-zone again. As if that was not good enough, two cryptocurrencies received some ultra-rejoicing news as both were added to new crypto exchange listings.

Cardano (ADA) and Tron (TRX) are the two cryptocurrencies that scored the new exchange listings. Unfortunately, on the other side, rumors of Binance adding Verge (XVG) and Ripple (XRP) to trade with fiat money got a setback.

Today, Tron (TRX) was added to Canada’s Einstein Exchange — a strong indication of TRX’s increasing reach. The exchange is an operation based in Vancouver and dubs itself as “Canada’s fastest growing digital currency exchange”. In fact, the Canadian crypto exchange added a couple of other cryptos alongside Tron; others that were included are 0x’s ZRX and Golem’s GLM.

Tron (TRX) is basically a blockchain-based decentralized protocol with the aim of constructing a “worldwide free content entertainment system” with distributed storage technology, and the blockchain. Simply put, the protocol allows a user to publish, store as well as own/control data.

A few days ago, Tron solidified its appeal in the Asian continent when it was included to WazirX – the best Bitcoin exchange of India.

As hinted above, the second crypto that has made progress, in this regard, is Cardano (ADA); as it has been added to CoinSwitch. They are an aggregator, in partnership with exchanges like Bittrex and KuCoin; so that the customers can access the best price without opening separate accounts. Interestingly, this turned out immediately after some time when the announcement by Binance regarding the addition of Cardano to the exchange was made. In fact, currently, you can trade Cardano for BNB, Tether (USDT) or exchange’s Binance coin.

Binance makes XVG and XRP wait

The day started with rumors all over that Binance was to add a conversion option of XRP and XRG for USD. Unfortunately, Changpeng Zhao, CEO of Binance quashed rumors via tweet. According to him, the exchange is in talks with banks to support fiat, but there are no short-term plans for the USD as of now. He continued to say that XRP and XVG won’t get included yet.

The Verge-Ledger kerfuffle still angers many and the way Zhao handled the news pleased some; although, others were disappointed (and rightly so).

We will be updating our subscribers as soon as we know more. For the latest on cryptos, sign up for our Telegram!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Microsiervos via Flickr

Altcoins

XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange

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Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.

Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.

The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.

NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more. One of the ways to have a successful…

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Altcoins

Should Crypto Projects Devote Resources to Community Growth and Marketing?

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2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for.  While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory.  When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion.  But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.

I mention both of the above projects as they have each taken slightly different paths to achieve greatness.  Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion.  Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special.  Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.

Cryptocurrency vs. Blockchain Technology

It’s important to make a distinction between blockchain technology and cryptocurrency.  Although they are often used interchangeably, they are different.  Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…

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Altcoins

XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata

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Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //

The XENO NFT Hub (https://xno.live) will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.

As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021. 

“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.

He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”

Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”

Mr. Yamagata has…

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