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You are here: Home / Archives for DigiByte (DGB)

DigiByte (DGB)

DigiByte Continues to Move Forward in the Industry as Community Holds Strong

January 4, 2020 by Ketaki Dixit

Cryptocurrency organizations consider several factors in their mission to come out on top. The Digibyte community is one of the more popular user bases that has worked in tandem with the official company to create on-ground movements. A recent report by LunarCRUSH pointed out that the Digibyte community in 2019 had created a new social volume record on Christmas Day.

On December 25, 2019, the community created 6128 unique social posts within the Digibyte ecosystem with the bullish sentiment hitting an all-time high three days later on December 28. Some users within the ecosystem have claimed that users were in for a massive surprise in the 3rd or 4th quarter of 2020, although there was no mention of any specifics.

The DGB token was trading for $0.0056 at press time with a volatility of 0.015. The 2.86 percent hike in price over a 24-hour spectrum had also increased the market cap to $68.68 million and a daily market volume of $310.07k. The social scores were calculated on the ‘Galaxy Score’ meter with the points standing at 56 during press time. According to the metrics, the higher the score the better. The score is important for DigiByte because it is a modification of the Bitcoin protocol design that adjusts confirmation speeds and security assurances when transacting on the base layer.

LunarCRUSH had earlier reported on DigiBytes; performance in the first week of December where the social volume hit an ATH of 7902 posts. The shared links list also hit an ATH of 867 on December 8 with the bullish sentiment peaking on the same day.

DigiByte was also in the news recently when its Founder Jared Tate spoke about the problems related to its listing on Binance as well as the limiters that people put on cryptocurrency organizations. An earlier tweet of his read:

“I’m disgusted by all these #TRON trolls/bots attacking me and hyping a 100% premined and completely centralized network like its the most decentralized gift from god. Now #Poloniex has turned into a $TRX shill factory after making off w/ US customers sensitive data.”

 

Filed Under: Altcoin News Tagged With: DigiByte (DGB)

Cryptocurrency donations gain more traction with DigiByte’s latest move to support Andrew Yang

November 13, 2019 by Ketaki Dixit

The world of cryptocurrencies has been part of the public eye for quite some time now, and with every passing day, the familiarity has only increased. Virtual assets have now become so common that it has even entered into the fore of political elections. Reports have come in that DigiByte, a popular cryptocurrency, has collaborated with Vertbase to launch a cryptocurrency donation platform to support Andrew Yang for the upcoming 2020 Presidential Elections.

It may not come as a surprise to many people that cryptocurrencies are being used to support a presidential candidate. Still, Yang has been one of the few frontrunners who have publicly committed to cryptocurrencies.  Yang had once said:

“Cryptocurrencies and digital assets have quickly grown to represent a large amount of value and economic activity. It’s time for the federal government to create clear guidelines as to how cryptocurrencies/digital asset markets will be treated and regulated so that investment can proceed with all relevant information.”

Interested participants will be able to donate to the fund in Bitcoin, Litecoin, DigiByte, Dogecoin, and Vertcoin towards the platform. A majority of the cryptocurrency community has backed Yang with the expectation that the Democrat will open doors for blockchain technology and virtual assets.

The DGBAT will be partnering with the SuperPAC Humanity Forward Fund while Vertbase, the instant buy, sell, and swap exchange will represent the crypto world. Michelle, a DGBAT core member, and advisor added:

“By incorporating a larger segment of the cryptocurrency community, #DGBAT hopes that this donation platform will facilitate a broader conversation, donation and awareness effort surrounding the emergence of the #blockchain economy on a national level. #CryptoFWD #VoteCrypto2020”

The Humanity FWD organization believes that mass adoption can only be perpetuated if all sectors of the industry work in tandem. One of the main goals has also been to integrate freedom of speech and freedom of monetary value in one place, and as Yang believes in digital assets, the SuperPAC was confident in achieving its goals.

Yang shot to fame when he stated that he would automate the voting system using techniques based on blockchain technologies. His campaign run was filled with promises to revolutionize the industry using new technologies so that people don’t have to bear the burdens of mismanagement. He also made a case for crypto regulations to be made more lenient and smart, addressing issues that the new rules only serve to curb crypto organizations.

Disclaimer: The presented information is subjected to market conditions and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Never miss our daily cryptocurrency news, price analysis, tips, and stories. Join us on Telegram | Twitter or subscribe to our weekly Newsletter.

Filed Under: News Tagged With: Blockchain, DigiByte (DGB)

Binance CEO Reacts to DigiByte Founder’s Claim “Binance Demanding Huge to List DGB”

September 23, 2019 by Tabassum Naiz

Community members of DigiByte (DGB) cryptocurrency have been reportedly requesting project owners to list DGB token on Binance crypto exchange. But the founder of the token, Jared Tate recently claimed that the Binance team is demanding a $300,000 and 3% of the coin supply to list DGB on Binance. He said that DGB does not have the necessary funds to meet the exchange’s requirement of listing.

DigiByte v/s Binance

DigiByte (DGB) is still a new token in a crypto market, and the potential listing on leading exchanges like Binance will likely benefit the coin in terms of several traders, adoption, market volume and so on. However, on Sept.20, Jared took to twitter and claimed that he spoke to the Binance team about the potential listing of DGB token.

According to Jared, Binance team demands $300,000 and 3% of the total coin supply of DGB token for “insurance of their customers against blockchain hacks & defects.”

As the DigiByte defined itself as the genuinely decentralized blockchain, Jared allegedly responded Binance team that is not possible as the project doesn’t have necessary funds. Further, Jared wrote;

After explaining in lengthy detail we have zero funds and zero ability as a decentralized project to meet such a request, they told us they would get back to us. tired of everyone asking me when Binance or coinbase. They are free to do as they wish.

However, it’s worth noting that clashes between DGB founder and Binance aren’t the first of its kind. Previously, DigiByte won a listing poll on Binance, and reportedly Binance asked a fee to list DGB token, but as DigitByte couldn’t afford, there appeared to have clashes between the founders of both the firms.

Subsequently, the latest arguments have gotten the attention of Binance CEO, CZ who then responded, saying “I think he specifically doesn’t want DGB listed on Binance.’

https://twitter.com/cz_binance/status/1175258923382652929

On the other side, Digibyte (DGB) is performing pretty well in the crypto market. As TronWeeklyJournal reported in August this year, the leading blockchain-based travel booking firm Travala announced the integration of DGB token as a payment option. Notably, there are around 400 firms and merchants who have adopted DigiByte as a preferred payment method so far.

Looking at the current scenario, it’s uncertain whether or not Binance would ever list DGB now. As far as Jade’s claim is concerned, he hasn’t shared any solid proof of the conversation that he had with Binance team which have led the community to conclude the argument as “Jade’s attempt is merely a PR stunt.”

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Never miss our daily cryptocurrency news, price analysis, tips, and stories. Join us on Telegram | Twitter or subscribe to our weekly Newsletter.

Filed Under: Altcoin News Tagged With: Binance, Cryptocurrency Exchange, DigiByte (DGB)

Uphold welcomes Digibyte, along with 14 other new cryptocurrencies

September 17, 2019 by Naveed Iqbal

Uphold is a private company devoted to processing instant and secure international payments. Its compliance at the worldwide level and security features are world-class. It’s easily integrated into open APIs. So whatever your industry does, Uphold has a suitable digital solution for you. And now, the platform has announced the support for DigiByte (DGB).

The service has many advantages. It offers instant and secure global transfers, low-cost currency, and commodities conversions which are protected against the usual FX risks. Your funds are stored for free, and you have access to a global base of customers without all the hassle (and costs) inherent to settling international payments.

The company understands that every business in the world is unique, so it’s willing to work with each customer individually to come up with a tailored solution that suits its specific needs perfectly.

The 15-day countdown challenge

On last August 28th, the company announced that it had heard its customer’s voices. They wanted more digital assets available, so the company listened and moved to include 15 new currencies carefully selected amongst the crypto verse’s more promising projects.

The company called this the “15-day crypto countdown challenge.” It started on August 28th with Tron’s Tronix currency, and it’s kept going since then with Nano, Stellar Lumens, Cardano, Iota, Chainlink, Cosmos, Neo, EOS, ZRX, NEM, Zilliqa, Decred.

Yesterday was the countdown’s final day and the last coin to be included is none other than DigiByte (DGB). And the buying fee for this currency was precisely equal to zero for 24 hours.

#15daysofcrypto is nearly complete and today we’re excited to announce that #DigiByte (DGB) is next to launch! Don’t forget to take advantage of ZERO EXCHANGE FEES for buys on $DGB.

Visit https://t.co/eCDqU3ukje to guess the final #crypto for a chance to win $50! pic.twitter.com/ZZpbl5VsFZ

— Uphold (@UpholdInc) September 16, 2019

This is excellent news for Uphold’s users as they will have a broader range of choices to invest their money or quite simply to get ahold of a promising coin. It’s also a good development for all the blockchain projects involved. Every project wants to be available in as many reputable platforms as possible. That increases utility for the token, demand, and both things drive the market’s price up.

The latest platform that just listed DigiByte is one worth more than a try

The platform includes trade in 23 fiat currencies as well as 23 cryptocurrencies. But it adds versatility to your standard cryptocurrency exchange by supporting three stablecoins and four precious metals.

Funding your account is comfortable with a debit card, the conversion is instant, and blockchain access allows you to transact with your digital wallets in seven different chains. It even offers a low-cost credit service secured by your digital assets.

Uphold’s services are exciting, trusted, and transparent. They don’t use your money for any hidden purpose, and the company’s holdings and obligations are published in real-time. The security standards are very high through location-based protocols and two-factor authentication.

The platform boasts a million users all over the world already, and the service includes mobile apps for both major mobile operating systems (Apple and Android).

The company’s developments have been covered by authoritative technological newspapers such as Forbes, Wired, and even the Wall Street Journal, not to mention this very website.

If you’re not involved with Uphold yet, maybe you should take a moment and give it some thought especially if you are a DigiByte fan. It’s one of the most versatile exchanges on the planet, and it will allow you to do things that are just impossible in many other more famous platforms.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Never miss our daily cryptocurrency news, price analysis, tips, and stories. Join us on Telegram | Twitter or subscribe to our weekly Newsletter.

Filed Under: Altcoin News Tagged With: DigiByte (DGB)

Digibyte (DGB) Trading to Kick-start on Bitrue Exchange by 12 September

August 29, 2019 by Muhammad Ali Hassan

Earlier this month, Bitrue announced the support of Digibyte (DGB) along with exciting airdrops to follow. Now the crypto exchange has also announced the exact date; DGB trading will be live on the exchange on September 12.

Bitrue is a well-known crypto exchange that was created by a group of crypto enthusiasts. It originally operates from Taiwan and has offices all over the world. The exchange promises to provide a safe and secure service for cryptocurrency trading. With a team of qualified and experts, Bitrue looks to expand its network in more countries along with the adoption of new cryptocurrencies.

$DGB trading will be live on Bitrue starting 12 September! Deposits will be live one day earlier so you can get prepared.

To celebrate we're holding a 300,000 DGB #airdrop! Anyone that holds at least 1,000 DGB on Bitrue at the end of September 18 gets a piece of the prize 💰💰💰 pic.twitter.com/WFmwnt1Jn5

— Bitrue (@BitrueOfficial) August 28, 2019

As per the announcement made by Bitrue, the users will be able to make deposits one day earlier – on September 11. The best part for the users will be the airdrop as the exchange will be giving away 300K DGB to the holders as the airdrop is set to take place on 18th September.

The Prize will get distributed proportionally based on how much Digibyte tokens a user holds. The maximum for this specific airdrop per user is 30K DGB held, and after this, the user won’t get a more significant portion of the prize pool.

This is a solid piece of news for Digibyte users, and understandably the users are thrilled and looking forward to the day when DGB is officially live on the crypto exchange.

I know the DGB community will be extremely happy about this one. Go go go

— ⚡️XRPTwin 🦔 (@xrptwin) August 28, 2019

Bitrue is one of the fastest-growing crypto platforms with a massive growth rate. With a convenient and top-level anti-DDOS protection network and decentralized structure, it has attracted a high number of users already. The users have extensive access to their accounts and being served by an excellent support team; users reportedly look satisfied with the services of the crypto exchange.

Bitrue got launched not long ago as the platform completed its first anniversary on July 2019. Being controlled by the expert leadership and qualified staff, Bitrue future seems very much prominent among other crypto exchanges.

As we write this, Bitrue had an adjusted trading volume of $75 million, and in the last 24 hours it had surged up to 50% showing great signs. Such new announcements are helping the growth of the exchange, and in coming time it is set to rise further in the market.

For Digibyte users, it is good to have such an exchange that provides services with versatility and is a new generation blockchain platform. And, the airdrop is a great source of attraction for the users. Bitrue often comes up with such prizes and airdrops, which always amuses the users.

Scrutinizing the crypto market stats, the market is facing a bearish trend at the moment, with most the of the altcoins trading in the red. At the time of press, Digibyte (DGB) was trading for $0.008, as it had dipped by 7.75% in the last 24 hours. Once the market comes back to the bullish zone, DGB will more likely have an upward push as this notable listing would have an impact on its price. Yes, the chances are that it would not push the price too high, but it is an excellent update for long-term progress.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Never miss our daily cryptocurrency news, price analysis, tips, and stories. Join us on Telegram | Twitter or subscribe to our weekly Newsletter.

Filed Under: Altcoin News Tagged With: Blockchain, Cryptocurrency Exchange, DigiByte (DGB)

Travala Integrates Digibyte (DGB) as a Payment Option

August 23, 2019 by Muhammad Ali Hassan

One of the leading blockchain-based hotel booking platforms, Travala.com announced their acceptance of Digibyte (DGB). The online travel agency has joined hands with DGB as their ‘recommended’ travel partner.

Travala.com wants to bring a revolution in online traveling services through blockchain technology. It currently provides service across 210 states while offering almost 15 percent off savings on bookings. The online travel agency also possesses its native crypto (AVA), which is ranked at 436th place in CoinMarketCap as we write this. The travel agency leverages upon the token economy that provides a simple and straightforward booking process.

The alliance between Travala.com and DGB will help the growth of crypto tourism. The Digibyte users will be entertained with up to 40% discount on hotel bookings across the world if they would pay in DGB.

The fast-growing blockchain and crypto technology have already attracted different industries. This adoption will drive customers from both crypto community as well as the daily travelers equally. Moreover, the cooperation of these two distinctive industries and innovative technologies significantly lowers the barrier of entry within the crypto payment space.

📢 With great pleasesure we would like to announce that https://t.co/CL8FxAXFXS has Joined Forces with DigiByte as their Recommended Travel Partner

➡️ Read the PR: https://t.co/IPK0qzAuKS#Travala $AVA #DigiByte $DGB @Digibytecoin @DGBAT_Official @RudyBouwman @jaredctate

— Travala.com (@travalacom) August 22, 2019

The Co-Founder of Digibyte awareness team said that they are thankful to Travala.com, and they highly regard this partnership. The addition of DGB as a multi-currency payment option by the travel agency firm is a significant advantage to both the industries (traveling and crypto). With joining hands together, both the blockchain firms are looking for greater cryptocurrency adoption.

With a large and stable international image, Travala.com accommodates a large number of customers over 82K+ destinations worldwide. The key feature that makes the travel agency more appealing is its fair and transparent pricing model. The company makes a great deal for customers benefit by removing the commission fees.

Digibyte is not the first cryptocurrency accepted by Travala.com as it agrees to several leading digital currencies as payment. Moreover, it also accepts payment through traditional means, including credit cards.

This partnership is a significant step forward for Digibyte as it will help boost the adoption of DGB. It seems the crypto that cannot get destroyed or hacked is moving towards the right path. And of course, such adoption will help the coin’s market value’s growth in the long-term. It is worth noting that Digibyte is already being used as a payment method at various firms globally.

Examing the market performance of Digibyte, today, it surged by 5.88% as the cryptocurrency trades at $0.0092. At press time, Digibyte stands at 54th spot, but with positive development and the market getting better, DGB might rise once again.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Never miss our daily cryptocurrency news, price analysis, tips, and stories. Join us on Telegram | Twitter or subscribe to our weekly Newsletter.

Filed Under: Altcoin News Tagged With: Blockchain, Crypto Adoption, DigiByte (DGB)

DigiByte (DGB) scores listing on the European crypto exchange EUCX

August 21, 2019 by Tabassum Naiz

The latest announcement from European crypto trading platform, EUCX states that they’re listing DigiByte cryptocurrency, which is one of the emerging cryptocurrency in the market.

EUCX exchange is the new entrant in the crypto market. The exchange includes the names of few blockchain companies as its partners; including, BLOCK 30 LABS, SERENDIPITY Blockchain Solutions and Nefos IT.

According to the official Twitter account of EUCX, DigiByte (DGB) will be one of the launching assets on EUCX. It states that;

https://twitter.com/eucxio/status/1163864747613261825

The announcement received a significant response from the crypto community. Following the EUCX’s exciting listing update, DigiByte Awareness Team responded, saying, you have to grow to stay in the game by listing tokens like DigiByte, Bitcoin and Litecoin to your platform.

Moreover, DigiByte officially responded, saying;

Awesome news! Thank you for supporting the #DigiByte #blockchain and our global decentralized community!

DigiByte is on mainstream media from quite some time now. Listing at EUCX isn’t the first listing DGB has secured; very recently DGB received remarkable interest from CoinEx crypto exchange.

The exchange had already listed DGB/BTC and DGB/BCH earlier, and very recently the exchange hits DGB/USDT pairing. Following CoinEx’s announcement, DigiByte said;

Big thanks to @coinexcom for adding DGB/USDT pair. DigiByte was recently listed on Coinex with pairs DGB/BTC, DGB/BCH.

As for DigiByte’s current market performance, the coin is currently showing bearish sentiment as the overall market is down trending. DigiByte is presently declining with 2.90 percent over the past 24 hours and trading at the value at $0.008806. Moreover, the coin stands at 54th position with the market cap $107,191,278.

Nevertheless, DGB seems to be riding at high speed. It was quite right as the token received mainstream adoption from other exchanges like Netherland based EviEx crypto trading platform.

Appreciating the move of EUCX crypto exchange, Jared Tate notes,

“very much looking forward to seeing DigiByte and quietly added, “Future DigitAsset integration at EUCX” as well.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Never miss our daily cryptocurrency news, price analysis, tips, and stories. Join us on Telegram | Twitter or subscribe to our weekly Newsletter.

Filed Under: Altcoin News Tagged With: Cryptocurrency Exchange, DigiByte (DGB)

DigiByte (DGB)’s stablecoin pair addition on CoinEx riles up community

August 19, 2019 by Akash Anand

The addition of cryptocurrencies on exchanges has always been perceived as a metric for the success of the asset, be it from an economic standpoint or for measuring its popularity index. This is particularly applicable to DigiByte Coin, which recently got listed on CoinEx, a popular cryptocurrency exchange. DigiByte’s Twitter handle tweeted:

“Big thanks to @coinexcom for adding DGB/USDT pair.

DigiByte was recently listed on Coinex with pairs DGB/BTC, DGB/BCH.”

The digital asset’s ever-active community also responded positively to the addition with many users inquiring about the next addition, Binance being the preferred platform. DigiByte Coin’s stablecoin pair addition comes on the back of CoinEx listing DGB/BTC and DGB/BCH. The BCH pairing coincided with DigiByte’s rampant steps to popularize the Roger Ver led Bitcoin Cash.

Although the DGB/BTC pairing is touted as the popular one out of the bunch, the USDT pairing is seen as the asset with the most potential. This can be proven by comments from various proponents in the cryptocurrency space who called 2019 the ‘year of the stablecoin.’ It is evident that DigiByte took those comments in stride and have proceeded to make efforts to bring the stablecoin pairing into fruition.

At press time, DigiByte (DBG) traded at $0.009 with a total market cap of $114.176 million. The cryptocurrency also held a 24-hour market volume of $943,773 after a 2.24 percent rise in prices. Digibyte was also in the news recently when the cryptocurrency was revealed to be added on the Erik Voorhees led Shapeshift platform.

DigiByte has followed the footsteps of several other mainstream cryptocurrencies which have pursued the mantra of mainstream adoption. The CoinEx addition and the Shapeshift inclusion was just one of many steps taken by the cryptocurrency organization to ensure that the digital asset reaches as many users as possible. This fact was evidenced when only two days back DigiByte got added onto another popular cryptocurrency exchange, EviEx.

The surprising part about the EviEx addition was that the exchange is based out of the Netherlands, a country where cryptocurrencies are gaining a sure foothold.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Never miss our daily cryptocurrency news, price analysis, tips, and stories. Join us on Telegram | Twitter or subscribe to our weekly Newsletter.

Filed Under: Altcoin News Tagged With: Cryptocurrency Exchange, DigiByte (DGB)

Over 400 firms and merchants accept DigiByte (DGB) for payments now

August 15, 2019 by Tabassum Naiz

DigiByte (DGB) is reportedly accessible at over 400 companies, and merchants as a form of payment wherein CoinPayments is widely considered as a payment gateway.

Crypto assets are rapidly used as a method of payment across the world. With Bitcoin taking over the lead, other new crypto assets are also receiving mainstream attention. Subsequently, DigiByte Blockchain with its native token DGB is en-routing towards various companies and merchants as a payment method.

DGB Token Accessible at Over 400 Companies and Merchants

The latest finding reveals that the DGB token is seeing growth every month on a 30% average. The token is being accepted as a payment method across 400+ companies and merchants. Moreover, it states that CoinPayment ranks higher as a payment gateway.

Mass adoption of @DigiByteCoin continues to grow every month on 30% average and now contains 400+ companies and merchants accepting $DGB. https://t.co/SEXqKyaIFU

Most of them use @CoinPaymentsNET as a payment gateway.#digibyte @DGBAT_Official @NigelDigiByte @LTlovesdigi pic.twitter.com/ejdveuZ1wy

— Cryptwerk (@Cryptwerk_com) August 14, 2019

To remind, DigiByte Blockchain has recently signed a strategic partnership with Tron Weekly Journal, with an aim to encourage a “decentralized media platform.”

As per Cryptwerk, top companies/merchants that accept DGB token are; Snel.com, 149 Seed Bank, GamerAll.com, CoinPayments, 35o North, Cointopay, Krypto Threadz, NOWPayments, Guarda Wallet, Coinstop.io. These entities range from hosting, banks, gaming platform, wallets to the payment gateway, and more.

As per acceptcrytoz.com, which shares updates on crypto adoption by companies, states that many businesses have used DigiByte along with Bitcoin, Litecoin and other cryptocurrencies as an alternative payment option to meet their customer’s need.

Besides, the DigiByte transactions have meager fees – moreover, the payment processing fees are the less than the fees incurred by other forms of payment. The DigiByte network protects DigiByte transactions, and the transactions are confirmed within seconds.

DGB is becoming the emerging cryptocurrency in the blockchain space and is famously known for stealthy cybersecurity feature for digital transactions. It’s worth noting that the DGB quietly climbed up from its 55th position on August 14th to 52nd position on August 15th, 2019. At press time, the bear took over the price of DGB, and it is currently trading at the value $0.008634 and stands with a market cap $104,893,136.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Never miss our daily cryptocurrency news, price analysis, tips, and stories. Join us on Telegram | Twitter or subscribe to our weekly Newsletter.

Filed Under: Altcoin News Tagged With: DigiByte (DGB)

Bitrue adds DigiByte and IOTA to its platform with exciting airdrops

August 8, 2019 by Giridhara Raam

Bitrue, an advanced crypto trading platform, has recently (only yesterday) added DigiByte (DGB) and IOTA against XRP. The highlight is Bitrue will be doing an airdrop for 300,000 DGB and 7,000 IOTA. Bitrue have also mentioned their trading rates for these coins being 0.048 percent, and the amount each user receives will be proportional to the total funds they hold in relative comparison to other Bitrue users.

Any BTR (the native token of cryptocurrency exchange) that is being held will be 1.5 times its value when the user accesses their total funds according to this calculation.

#Airdrop time! Now that $DGB and $IOTA have joined the #Bitrue family, we need to get some of these coins into your hands. pic.twitter.com/0wWDAZ1gJE

— Bitrue (@BitrueOfficial) August 7, 2019

This announcement from Bitrue has already got most of the users excited. Bitrue is a leading global trading platform for cryptocurrencies and boasts offices across the world, and works based on a multi-threaded high-performance order matching engine.

Bitrue’s uptime stat’s are phenomenon, thanks to its exceptional decentralized structure and anti-DDOS protection systems. Regardless of device, Bitrue is supported across devices and platforms with extensive access to their account and support. Being launched only in July 2018, Bitrue sees phenomenal growth. It is led by the Curis Wang and a team of senior management executives from Captial one.  

Last year Bitrue had close to USD 65 million trading volume in 24 hours and took the 66th place in the cryptocurrency exchange platforms. However, it is still a long way from the big shots like OKEx and Binance, whose trading volume is around USD 2.3 billion within 24 hours.

Nevertheless, being located in Taiwan, Singapore, US, and Canda, Bitrue opens the scopes for US investors, and this could be a very positive point for its growth.

With their new trading rates that have dropped to 0.048 percent from 0.098 percent last year, this news could prove enchanting, especially with the airdrops offer. Bitrue does want to increase its followers and usage metrics to expand its market. Both are less compared to the industry average as below,

Take fee in Singapore on an average: 0.29 percent

Maker fee in Singapore on an average: 0.21 percent

Now getting to the withdrawal fee, Bitrue charges 0.0005 BTC, and that again is meager compared to the global industry average of 0.0000812 BTC, which gives Bitrue an advantage among the market. New investors aren’t welcomed well with Bitrue as it requires investors to have previous trading histories to use this platform. However, the security of Bitrue website has improved from a Grade F to C, within a span of six months from Oct 2018 to April 2019.

It is definitely good to grab the DigiByte (DGB) & IOTA airdrops with Bitrue and get on with your trading.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Never miss our daily cryptocurrency news, price analysis, tips, and stories. Join us on Telegram | Twitter or subscribe to our weekly Newsletter.

Filed Under: Altcoin News Tagged With: Crypto Airdrops, Cryptocurrency Exchange, DigiByte (DGB), IOTA (MIOTA)

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