0x[ZRX], And Qtum Among The Four Newly Listed Coins On Circle Invest - Cryptocurrency News. Saturday, September 22
0x[ZRX], And Qtum Among The Four Newly Listed Coins On Circle Invest
When a coin is listed on an exchange, this always has a positive effect. Why? Because it gives credibility to the project and the coin. It shows that the exchange has confidence in the coin, and is introduced to a new market. All these coupled together leads to a price rally when a new exchange announces the listing of a coin, and the bigger the exchange the bigger the rally. On September 20, SEC approved cryptocurrency exchange, Circle Invest, announced they were listing four new coins. Among the four new assets was 0x and Qtum. The exchange also announced they were listing EOS and Stellar.
A Big Win For 0x And Qtum
This announcement is a great win for the two coins and will go a long way to promoting their adoption. The Circle Invest platform now has 11 coins that users can invest in. The listing of the new four coins and in particular 0x and Qtum will boost their position in the market. According to Circle Invest, the listed coins successfully passed the exchanges framework. The criteria that the exchange uses include looking into the coin’s technology, team, the business model and marketing strategies.
Circle Invest Introduces A New “Explore” Feature
The exchange also announced that it was introducing an “Explore” feature on its platform. The new feature will help educate users about different projects backing different coins. 0x and Qtum are set to enjoy exposure through this feature as their project and goals will be promoted by the exchange.
With this feature, the exchange will get to teach its users on 0x; a protocol that allows for crypto to crypto exchange and Qtum which is a “hybrid” of Ethereum and bitcoin.
In the last 24 hours 0x has seen an 18.46% price surge hitting $0.638822. Qtum, on the other hand, has shot by 16.84 in the last 24 hours and at the time of press is trading at $3.94.
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