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VeChain (VET) Gets another Listing: Live Trading Begins on Zebpay

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VeChain

VeChain (VET) makes up for one of the most interesting assets in the market in accordance with serious investors, and so we can see it progressing steadily towards being massively adopted. Moreover, VET is collecting new listings as well, that way consequently increasing its exposure, which all together might soon lead it to the moon and back to its record price of over 8$ per one unit. Let’s see how VeChain has been doing these days as well as well as to reflect on its latest listing.

VeChain Gets another Listing: Zebpay Announces Live Trading

Zebpay has announced on their official Twitter page that the live trading of VeChain will start on Zebpay on May 22nd, which is set for today at the time of this writing. A couple of days before, Zebpay has announced that they are going to list VEN, which is now being rebranded to VET since the launching of the VeChain Thor.

Zebpay makes up for one of the most popular exchange platforms in India and as such represents one of the largest crypto exchanges in this country. Zebpay offers low fees with only 0.1% charged in trading fees, while it also offers an easy-to-use application to its users.

All users can take advantage of peer-to-peer trading with Zebpay app, which is available for smartphones. The mobile app offers a simple user-end interface with extreme functionality alongside with offering Zebpay wallet for keeping of multiple coins with a feature of easily switching from trading one asset to another in no time.

The functionality of Zebpay counts as crucial in promoting the currencies that are listed on this exchange, and given the fact that this exchange platform makes up for the largest exchange in India, VEN can get more attention alongside with increased exposure in this country.

All in all, having a new listing is always a great thing for any crypto asset, besides from partnerships of course.

VeChain and the Latest Progress

VeChain easily represents a pretty favorable investment, especially due to the fact that serious investors and listings find this digital asset more than desirable.

Over the time, VeChain has collected some pretty important partnerships, including one of the most recent deals with BMW; however, what might be the greatest achievement of the VeChain team by far is the launching of VeChain Thor network.

At the same time, with the launching of the VeChain Thor, VeChain also outlived a case of rebranding, which means that VEN has now become VET, although the new abbreviation has not been changed across websites like CoinMarketCap.

With new important partnerships with massive companies and foundations, alongside with getting new listings globally, VeChain seems to be doing more than well despite the current state in the crypto market.

How is VeChain doing at the Current Moment?

The market has been acting sluggish for the past two days, and so we can see the majority of digital assets dropping against the dollar while trading in the red.

VeChain is also going down despite the good news of having VeChain Thor finally starting with live operating and with having a new listing added to the table. Ranked as the 16th-best currency in accordance with the global coin ranking list, VEN (VET) is up for sky-rocketing further, however, the current market trend is pressing VET down.

With over 2 billion dollars in market cap, VEN has been trading in the green according to its 60-day chart, where we can see this asset going up against the dollar by 23%.

In addition to trading in the green in the period of the past two months, VeChain is also seen trading in the green in its monthly chart, going up by 16% against the dollar.

However, we can see it down by -13% in the course of the last 14 days and dropping against the dollar by -15% in the course of the last seven days, which is the case with a great portion of top digital assets.

Following the most recent change in the market with having the majority of currencies dropping, VeChain has gone down by -3.39% against the dollar.

VEN is also going down by ETH and BTC, but barely by -1% against these cryptos.

After the latest change in the market, VeChain can now be traded at the price of 4.36$ per one unit, still away from its all-time high of around 8.30$.

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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.

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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.

NFTs are already being actively traded in markets globally. For…

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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 been…

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