DigiByte (DGB) has been officially listed on one of China’s most popular exchanges DigiFinex.
This announcement is good news for all DGB hodlers, as they will now be able to execute transactions with the altcoin on DigiFinex.
DigiByte and DigiFinex
As of 21 November, DigiFinex users will be able to purchase and withdraw funds in DigiByte. The trading function will be enabled on 22 November. For the moment, the only trading pair announced on the exchange is DGB/USDT.
This is a significant development for DigiByte and the popularization of the company and its blockchain functionalities.
— DigiByte (@DigiByteCoin) November 20, 2019
Some of the main fields of expertise for DigiByte include cybersecurity and the optimization of payment processes.
According to DigiFinex, the DGB coin is an established blockchain with a long-standing track record of success.
China and cryptocurrency
Over the past several months there has been a wave of positive developments when it comes to cryptocurrency in China.
The so-called China blockchain push has attracted the attention of investors from around the world. Many media sources also speculate that the Chinese government will introduce legislation for the incorporation of cryptocurrencies in the economy.
Considering the rise in activity when it comes to cryptocurrencies and blockchain technology in the country, it is a wise decision to list DGB on a Chinese exchange.
Hopefully, in the upcoming months, the push for development in this sector will continue to gain traction, as this will be a boost in popularity for cryptocurrencies all over the world.
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