x min read

Huobi.pro Enables Trading Of Golem (GNT), TenX and Digix (DGD)

Huobi.pro Enables Trading Of Golem (GNT), TenX and Digix (DGD)
Written by
Jim Bloom
Published on
November 29, 2017
Copy URL
Share on LinkedIn
Share on Reddit
Share on Twitter/X
Share on Facebook
InsidrFinancial

Huobi.pro has added support for Golem (GNT), TenX [Pay) and Digix DGD as it continues to strengthen its portfolio of listed digital assets. The addition comes just days after the exchange announced its support for Ripple, another cryptocurrency that continues to send shockwaves.

Golem GNT

Golem runs one of the world’s largest fully decentralized cryptocurrency mining pools. It also boasts of an open sourced decentralized supercomputer that anyone can access. The goal of the project is to allow people to buy, sell or rent computing power. The company also plans to lower the price of computation, complex applications in a bid to make machine learning accessible to everyone.

Golem Network is an Ethereum computing power marketplace that accords people an opportunity to participate in the business of mining CPU and GPU cryptocurrencies. The software automatically accepts and processes jobs pertaining to heavy tasks like graphics rendering, stock market prediction and cryptocurrency mining in exchange for payment.

Payment is usually made in the form of GNT tokens whose value is on the rise. Huobi.Pro currently accepts deposits and withdrawals pertaining to GNT tokens. Trading on GNT/BTC and GNT/ETH on Huobi.Pro is to commence on December 1.

Golem has already partnered a number of blockchain projects including Streamr and Friend Unifying. Its main goal with the wave of partnerships is to create a global market for computing power. By powering decentralized micro services and asynchronous task execution, Golem Network should become a building block for software development as well as internet service providers

TenX

TenX is a platform that supports blockchain across multiple blockchains. It currently supports Bitcoin Ethereum, Ethereum ERC20, and DASH.Its primary goal is to make blockchain assets readily available not only to industry insiders, but everyone in the real world.

The company strives to offer users access to a range of blockchain assets at a maximum degree of convenience while adhering to the highest degree of security.It currently offers a TenX card, a debit card and TenX Wallet that can be funded with Bitcoin, Ether, and DASH. The physical and virtual debit card can be used in almost 200 countries at over 36 million points of acceptance.

TenX Pay token is now available for trading in Huobi Pro exchange as part of an agreement reached between the two companies. As part of the integration, people should be able to gain easy access, fully transparent and convenient access to the vast virtual currency market.

Deposits and withdrawals are currently available in Huobi.pro exchange.The platform also allows people to trade PAY/BTC and PAY/ETH.

“TenX is proud to partner with Huobi Pro, helping early adopters capitalize on the surging blockchain and virtual currencies move. Empowering millions of users across 130+ country, Huobi is a leading figure on the technological front which is known for its platform security and strong marketing capabilities,” said Dr. Julian Hosp Co-Founder and President of TenX.

DigixDAO

DigixDao leverages blockchain technology transparency and auditability. The company has developed a system of proving asset existence and ownership on the distributed ledger. The company’s Proof of Asset Protocol enables the tokenization and documentation of physical assets.

The PoA uses Etherum and interplanetary system to track an asset through its chain of custody thus enabling open and public verification of assets existence without a centralized database. It currently tokenizes gold on Ethereum. DGD holders can claim rewards on transaction fees of DGX which is usually 0.13% of the balance sent.

Huobi.Pro is currently accepting DigixDao withdrawals and deposits. It is also supporting trading of DGD/BTC and DGD/ETH on its trading platform.

In addition, Huobi.Pro becomes the first bitcoin exchange to list Ripio (RCN). The exchange is currently accepting withdrawals and deposits as well as bitcoin trading involving RCN. Ripio is a global credit protocol that is based on smart contracts and blockchain technology. It is designed to enable connections between lenders and borrowers located anywhere in the world.

The listing brings to 15, the total trading pairs that the platform currently supports in addition to mainstream digital assets. Some of the innovative digital assets it currently supports include Tether (USDT), Ripio (RCN), Kyber (KNC), and Airswap (AST).

Image courtesy of Tiger Pixel via FlickrDisclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency.

Discover Hidden Gems

Don't miss the next big opportunity. Subscribe for timely alerts on potential market movers.