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- Bitget has listed Stellar ($XLM), a project that’s currenly a $3.4 billion market cap token.
Bitget has announced the listing of Stellar ($XLM), with the token added to the crypto derivatives platform’s Innovation Zone and Payment Zone.
A post on X said that deposits and trading were open, while withdrawals would be available starting August 25, 2023 from 11 AM UTC. Per the details in a blog post, Bitget noted available support is for the $XLM/USDT pair.
Bitget’s Innovation Zone lists trending tokens, offering a 60-day valuation period for the listed trading pairs. Trading has to meet certain criteria, like market depth and so on, otherwise the exchange reserves the right to delist said tokens.
$XLM price
Stellar is an open-source crypto network that powers cross-border digital payments powered by Stellar Lumens. The token uses the $XLM symbol and has been one of the trending coins in the market. While outlook in recent weeks has suffered from broader market weakness, the overall long-term picture is largely positive.
Bulls are looking at an attempt to climb above $0.13 after paring all gains made when rival Ripple scored a crucial win against the SEC.
$XLM price was 1.4% higher on Thursday, trading at around $0.12 as crypto markets struggled with uncertainty following last week’s sell-off.