Verge (XVG) Set to be Added to Huobi Pro, Price Spikes

Avi Rosten

Anonymity-focussed cryptocurrency Verge (XVG) is set to be added to leading crypto-exchange Huobi Pro.

Announcing the news at 7.30 this morning (BST) on their website, the Singapore-based exchange explained how the launch will unfold:

Verge (XVG) will be launched on Huobi Pro on July 31, 2018 (GMT+8). Deposits will be available from 14:30, July 31, 2018 (GMT+8). XVG/BTC and XVG/ETH trading will be available at New Zone from 15:00, August 1, 2018 (GMT+8). Withdrawals will be available from 14:30, August 3, 2018 (GMT+8).

 

minute_CryptoCompare_Index_XVG_USD_289_51533033745238.pngSource: CryptoCompare

With the price surging notably this morning, the listing from one of the word's most popular exchanges is a significant milestone for Verge.

Having experienced difficulties this year due to apparent security breaches – suffering the theft of over 35 million XVG ($.18m at the time) in the second of two attacks that seems to have exploited a security flaw in the Verge code - the confidence shown by a leading exchange is likely encouraging investors.

With Verge also making headlines earlier in the year for their somewhat controversial partnership with Pornhub, it will be interesting to see if the coin can gain traction with the listing from such a prominent name.