One of the leading cryptocurrency exchanges, Bitfinex, announces the launch of IOTA deposits and withdrawals.
Bitfinex is now live with deposits and withdrawals for IOTA. $iota
— Bitfinex (@bitfinex) August 11, 2017
It's worth mentioning that it was Bitfinex that officially launched the IOTA token, IOT, about two months ago. This launch represented a milestone for IOTA as they expanded their user base significantly.
Exchange listing is something that has become a hallmark for all crypto projects. It represents that the technology is ready for the open market and the wider audience.
Thus, with the launch of IOT token, the transaction volume became so massive that the Bitfinex servers briefly went down. All in all, IOTA Token has hit $1.5 billion market cap.
Ar the time of writing, IOTA's market cap is about $1.8 billion and the cryptocurrency holds the seventh position in the list.
IOTA market cap on coinmarketcap.com