Stellar partners with Korean exchange GOPAX

The price of Stellar Lumens coin rose more than 50% after the announcement regarding Stellar partnership with a developing Korean exchange GOPAX

06 December 2017 2403

The previous week was quite successful for Stellar Lumens as the coin has shown a significant price jump increasing almost 120% and the market capitalization of the coin exceeded $1 billion, as we reported on December 2.

On December 6, Stellar, the open-source network that lets users build low-cost financial products for their community, has made an announcement about its partnership with new and developing cryptocurrency exchange GOPAX, based in Seoul, Korea.

Celebrating with our new @StellarOrg partner @GOPAX_kr in Seoul, Korea #blockchain #fintech #cryptocurrency https://t.co/7vDZVmNVKU pic.twitter.com/5g1w5Fv0pk

— Stellar (@StellarOrg) 6 December 2017

After the announcement the price of the coin started skyrocketing again as the coin rose 50% and moved to the 12th place in the list of cryptocoins ranked by market capitalisation, passing such major currencies as NEM, NEO, Lisk and Zcash.

List of cryptocurrencies ranked by market capitalisation

It seems like Stellar Lumens is developing in a positive direction as it has shown a 85% rise from $0,06 to $0,15 during past 7 days and its price continues to grow. During the last 24 hours Stellar Lumens rose from $0,09 to $0,16 and its market capitalisation increased from $1,7 billion to $2,8 billion.

Stellar Lumens Charts

At the moment of press, these are main market parameters of Stellar Lumens:

Average price: $0.15
Marketcap: $2 767 764 423
24h volume: $338 747 000

Previously, we reported that Korea is making plans to cancel the ban on ICO.

Bitcoin Cash Stellar Lumens Exchanges Blockchain

Coinfly to Add Bitcoin Cash, Bitcoin SV & Stellar

Company re-branded its trading platform for individual users - the part that was previously available as “Buy and Sell” will now be called “Mycoinify”

12 February 2019 162

Coinify, the leading European Bitcoin buying and selling platform and payment service provider, added support for three new assets, giving users the opportunity to buy Bitcoin Cash, Bitcoin SV and Stellar via bank transfers and credit cards. This is reported by Bitcoin.com.

BCH, BSV and XLM trading will start on Tuesday, February 12, and as Coinify co-founder and CEO Mark Hoigord said, adding new cryptocurrencies has become part of a broader plan, according to which the company intends to maintain 15 digital assets by the end of the year.

At the same time, the company based in Copenhagen re-branded its trading platform for individual users - the part that was previously available as “Buy and Sell” will now be called “Mycoinify”.

According to company representatives, this rebranding is designed to more clearly distinguish between payment products that Coinify offers companies from B2C-service for individuals.

Pia Skafte Johansen, Director of Payment Solutions, emphasized that Mycoinify will target end-users, offering them a simple and compliant regulator platform for purchasing various virtual currencies.

Coinify has been present on the market since 2014, and besides the possibility of buying cryptocurrencies, it also offers processing services, by the end of 2015 supporting payments in 16 digital currencies. In 2016, Coinify announced the successful completion of a residential real estate transaction for bitcoins in Denmark. The deal is the first of its kind not only in this country, but also in the whole Scandinavian region.

Last year, the company added the possibility of buying via bank transfers and Ethereum cryptocurrency credit cards.