Power Ledger (POWR) Gains Listing on Crypto Exchange Bithumb
The information was released by Bithumb on Wednesday, May 16, on his Twitter account. The exchange is not only listing Power Ledger but also four other virtual currencies, including TenX (PAY), WAX (WAX), Loopring (LRC) and Gifto (GTO).
— Bithumb (@BithumbOfficial) May 16, 2018
Power Ledger (POWR), is one of the top gainers in the market after being listed in Bithumb’s Exchange. The news had a very positive impact on the perception of people and now this cryptocurrency is growing even when the whole market is operating negatively.
“The Power Ledger Token (POWRTM) is the fuel of the Power Ledger Ecosystem with bespoke private trading applications creating Sparkz in exchange for POWRs. Sparkz are currently purchased and redeemed using fiat currencies with individual trading platforms hosting closed-loop exchanges for energy and Sparkz.”
Power Ledger (POWR) listing on Bithumb came at the right time for the Australian blockchain-based cryptocurrency. It is one of the leading marketplaces for peer-to-peer energy trading.
The platform leverages blockchain technology to allow households sell any excess solar power at the marketplace. These transactions are tracked and settled in real time once smart contract conditions are met.
Once a coin is ranked in the top 100 coins and gains listing on some of the top cryptocurrency exchanges, the effect rapid adoption dims out evenly per addition. However, POWR holders will have reason to believe that this particular listing is strategic to their hopes of hitting the $1 mark by the end of the year.
Get Bitzamp Latest Update By Downloading our Mobile App: Bitzamp – Cryptocurrency News – Apps on Google Play
Join Us On Telegram