Cryptocurrency enthusiasts will have noticed something strange is going on with the XEM price right now. Coincheck, one of Japan’s largest cryptocurrency exchanges, added the XEM currency to their list of trading markets. The platform also introduced Litecoin and Dash trading to Japanese cryptocurrency enthusiasts, which is a positive development.
Japan Continues To Embrace Different Cryptocurrencies
Ever since Japanese regulators introduced the new law that removes consumer tax from buying bitcoin, cryptocurrency has become a lot more popular over the past few weeks. The bitcoin price has appreciated in value ever since that time, but it appears the demand for altcoins is growing as well. Do not be mistaken in thinking Japanese exchanges will add just any cryptocurrency, though, as they look for established coins with potential.
It is not surprising to figure out which coins have been added to Coincheck in this regard. Litecoin has found its second wind now that SegWit activation is within reach. That is, assuming certain individuals and their mining pools do not block progress out of financial gain rather than anything else. For now, it seems as if that may be a
Read more ... source: TheBitcoinNews
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