The popular South Korean cryptocurrency exchange has taken the decision to list two new virtual currencies on its platform. The coins listed are Stellar Lumens (XLM) and Odyssey (OCN), both of them are major virtual currencies in the market.
The information was released by the exchange a few days ago on Twitter by Bithumb.
Stella(XLM) and Odyssey (OCN) are available!
Visit Bithumb website and trade newly listed cryptocurrencies ☺️
— Bithumb (@BithumbOfficial) November 16, 2018
According to a announcement made in Korean, Bithumb will be giving away 27 million OCN coins (close to $200,000 dollars). Trading activities started today, on Friday 16. Back in October, the cryptocurrency sold 38% ownership stake to a blockchain consortium that is based in Singapore for 400 billion won ($350 million dollars).
This is very bullish for Stellar that had a very good November amid a very hard drop during the last days in the cryptocurrency market. Stellar was able to surpass EOS as the fifth largest virtual currency in the market. At the time of writing, Stellar has a market capitalization of $4.61 billion dollars and each XLM token can be purchased for $0.24 dollars.
A few days ago, Stellar has signed a partnership with the European wallet provider Blockchain to add support for the altcoin and make a $125 million dollars’ airdrop for the community.
Another important thing to mention is that Coinbase, a popular virtual currency platform and exchange, may soon add support to Stellar (XLM). This is why there is so much interest in this virtual currency.
In the last months, Coinbase added support to Basic Attention Token (BAT) and 0x (ZRX). Other virtual currencies that could be added to the platform are ZCash (ZEC) or Cardano (ADA). Nevertheless, there is no information on whether XLM will be the next virtual currency to be supported by Coinbase or not.
Odyssey is a cryptocurrency that aims to apply blockchain technology to the peer-to-peer sharing economy.