Thursday, August 6, 2020
No menu items!
  • News
  • Cryptocurrency
  • Contact Us
More

    DigiByte (DGB) Listed on CoinDeal Exchange

    Must Read

    Vitalik Buterin and Charles Hoskinson Hit Adam Back for Criticizing Cardano, Ethereum, Ripple

    Adam Back, a popular Bitcoin maximalist, has received a lot of criticisms from concerned cryptocurrency enthusiasts, including CEOs and...

    Italy-Based Pasta Producer Adopts VeChain’s My Care to Manage Infection Risk

    The world’s third-largest producer of pasta, De Cecco, has reportedly adopted the Infection Risk Management solution My Care, which...

    When $400 Was Support for Ethereum (ETH) It Bounced 2x to Hit $800 –The Crypto Dog

    A popular cryptocurrency analyst and trader identified on Twitter as “The Crypto Dog” has averred that the second-largest cryptocurrency...
    Tobi Loba
    Tobi Loba
    Tobi-Loba is a creative and an award-winning writer with over 5 million readers from all over the world. She has B.A in English and Literature from a reputable University and currently studying for her M.A in the same field. She recently became a contributor at Herald Sheets in order to fulfill her thirst in reporting crypto and blockchain occurrences, the interest she built over the years.




    Digibyte (DGB), the 59th largest cryptocurrency by market capitalization has got a new means for expansion and liquidity as the digital currency exchange, CoinDeal recently announced the listing of the digital token on its trading platform.

    The cryptocurrency exchange CoinDeal shared this with the crypto community on 15th January 2020. According to the message shared by the exchange, users can now trade the pair of DGB/BTC on the trading platform.

    CoinDeal said, “Digibyte joins our exchange DigiByte Coin is based on a significantly modified Bitcoin source code. The DGB was created by programmer Jared Tate, who wanted to develop faster and more accessible crypto than BTC. You can trade DGB/BTC now!”

    This recent listing will be a big complement to the discreet action taken by Poloniex exchange in late December against Digibyte (DGB). The action was purportedly taken due to the influence and the interest of the founder and CEO of Tron, Justin Sun.

    Jared Tate Hints about the Underway DGB-Backed Stablecoin

    The creator of DigiByte (DGB), Jared Tate, has a couple of days ago hinted about the underway DGB-backed stablecoin. His preference for proposing to create the stablecoin somewhat considerable.

    According to Jared, it has to do with the price instability, or better still, high price volatility of the majority of the digital currencies in the market, which he said makes digital tokens such as Bitcoin (BTC), Ethereum (ETH, Litecoin (LTC), and the coin he created, Digibyte (DGB) better as stores of value rather than for transactional purposes.

    He said, “The irony of Bitcoin DigiByte & Litecoin is while they are mathematically finite many crypto conferences won’t accept them as payment because of volatility. They work much better as a store of value than transactional currencies. 2020 is the year of the decentralized stablecoin.”




    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Latest News

    Vitalik Buterin and Charles Hoskinson Hit Adam Back for Criticizing Cardano, Ethereum, Ripple

    Adam Back, a popular Bitcoin maximalist, has received a lot of criticisms from concerned cryptocurrency enthusiasts, including CEOs and...

    Italy-Based Pasta Producer Adopts VeChain’s My Care to Manage Infection Risk

    The world’s third-largest producer of pasta, De Cecco, has reportedly adopted the Infection Risk Management solution My Care, which is built on the VeChainThor...

    When $400 Was Support for Ethereum (ETH) It Bounced 2x to Hit $800 –The Crypto Dog

    A popular cryptocurrency analyst and trader identified on Twitter as “The Crypto Dog” has averred that the second-largest cryptocurrency by market capitalization, Ethereum (ETH),...

    Coinbase CEO Brian Armstrong Clarifies What Caused Delayed Transactions of Ethereum (ETH)

    The CEO of Coinbase, Brian Armstrong has recently tweeted to clarify what majorly caused the delayed transactions of Ethereum (ETH) that played out on...

    US Congressman: Bitcoin (BTC) Is Not Going Away, Will Rather Become Integral Part of Americans’ Future

    Bitcoin (BTC), the first and largest cryptocurrency has been garnering much-needed recognition lately. A member of the United States Congress, Tom Emmer, just made...

    More Articles Like This