- PornHub had partnered with Verge in 2018 to accept payments in XVG on its website.
- Verge received its best news when PornHub dumped Paypal payment options.
- XVG trading occurs with its concentration highly on Binance and HitBTC.
PornHub just gave a boost to the value of Verge(XVG) by abandoning Paypal payment on its site.
PornHub had partnered with Verge in 2018 to accept payments in XVG on its website and this news hit the headlines everywhere. It was the biggest tie-up for Verge and this boosted its market growth.
Verge is an open-source cryptocurrency that maintains anonymity by hiding the user’s IP address. This made the Verge unique.
Verge received its best news when PornHub dumped Paypal payment options. This news made the value of XVG jump by almost 27% and it is expected to go higher in the coming days.
The users are also expected to rise in number as XVG remains only an exotic payment option in the PornHub website.
Verge was seen trading at $0.0038 yesterday around 20:00 UTC. As soon as the news came out, the price rose and XVG ended the day at $0.0042. The price saw a drop at around 03:15 UTC today to maintain at $0.0044. Then again, it came back strongly to reach the highest price of $0.0054 by 12:00 UTC.
XVG trading occurs with its concentration highly on Binance and HitBTC. Because of the anonymity of Verge, it’s not so well used during exchanges. Verge also has a very slim market compared to other stronger cryptocurrencies, which is a weaker part of the currency.
