PRESS RELEASE: Verge Improving it’s Spending Power – Surges on the X POS

Crypto Daily Roundup – Aug 3, 2018
August 3, 2018
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August 4, 2018

Privacy-enabled cryptocurrency Verge will be usable as a payment method in thousands of stores around the globe after an agreement to list XVG on the Pundi X POS .

Verge is known as a cryptocurrency with high speed and low cost transactions. XVG will be implemented in X POS with another dozen cryptocurrencies in the second batch, taking the total available for merchants to choose for making transaction on the Pundi X POS to 25 cryptocurrencies in total. Currently the first batch of XPOS devices being shipped comes with BTC , ETH , BNB , NPXS listed as standard.

XVG is the first cryptocurrency to be announced for listing on the second batch of new token listing on XPOS in Q4.

Pundi X co-founder and CEO Zac Cheah said:

Pundi X co-founder and CEO Zac Cheah. Linked-In Photo.

“The rise of Verge has been a testament to the power of community-driven development in the modern world of cryptocurrencies. Their dedicated community of thousands has produced a a speedy, secure and truly decentralised cryptocurrency. All of these features make XVG highly suited for use in transactions and the broader retail environment and mean it’s a natural inclusion for our next batch of XPOS for international shipment”.

Announcing partnership XVG team member in his blog post said the addition of Verge to the Pundi X POS would change the way the currency could be used by its holders :

“Online vendors who accept Verge either rely on real time converters to get the price of products or third party crypto payment gateways.

The problem at hand is glaring. There is no connect between online and offline solutions and neither is there any one point solution for a customer’s payment needs. This is where things are going to change!”

According ot coinsrates.live Verge current price is $0.018997 with a marketcap of $288,231,321.00. Its price is -15.07% down in last 24 hours.

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