Cryptopia Exchange adds DigiByte (DGB) on its Platform
News

Cryptopia Exchange adds DigiByte (DGB) on its Platform

A coin supported by a wide community, DigiByte is gaining more attention each day with small increments to the project. DigiByte (DGB) has been gaining traction lately, and on July 12, was added to the Cryptopia exchange. Cryptopia is a relatively small market but often seen as an important gateway to popularize niche coins.

“We are pleased to announce a USDT<>DGB trading pair has been opened at @Cryptopia_NZ and is ready for trading right away! $DGB #DigiByte #Blockchain ”
— DigiByte (@DigiByteCoin) July 12, 2018

DGB is mostly traded against Bitcoin, through the Bittrex exchange.

The asset is also a part of the portfolio of the Abra app, though not for direct purchase and withdrawal. The DigiByte community has reached out to the Abra app with the request to add direct withdrawals, and the proposal to assist with the technology. At the moment, Abra only allows withdrawals of Bitcoin (BTC).

Additionally, DigiByte expects a partnership with TokenPay to increase the exposure of the coin. In other developments, DigiByte mining will also evolve, adding an ASIC-resistant version of the CryptoNote algorithm.

In a bout of negative news, DGB wallets were suspended temporarily on Poloniex, one of the major markets for the coin, possibly making the price slide further.

The Blockfolio app noted the involvement of the DigiByte community with this issue:

“We want to recognize @DigiByteCoin for their effective Signal informing users of withdrawal issues on #Poloniex yesterday.
Communication with token holders is key to a healthy community and they utilized #Signal perfectly during a time of distress.”

So far, DigiByte has not reported an attack against its network, but there is no data readily available for the total hashrate. However, Reddit users are reporting lower rewards, potentially indicating more mining power being pointed to DigiByte.

Follow us on Telegram!


Leave a Response