- Popular Ethereum competitor Avalanche (AVAX) It is expected to be listed by Bitstamp.
London-based cryptocurrency exchange Bitstamp recently published a blog post. Avalanche (AVAX) announced that it will list the cryptocurrency within this week. Europe’s largest exchange, a synthetic version of the world’s number one cryptocurrency Wrapped Bitcoin (wBTC) will also list.
It will be possible to trade these two cryptocurrencies against the euro and the US dollar. Order books will remain in transfer-only mode on March 10, and only incoming tokens will be accepted by the exchange at this initial stage of listing.
We’re adding two tokens this week 🥳 $AVAX – a native utility token of @avalancheavax$WBTC – #bitcoins deployed on @ethereum network as an ERC-20 token
Read more 👇https://t.co/n4Y9g5WpGV
— Bitstamp (@Bitstamp) March 7, 2022
Cryptocurrencies on March 11 post only will be in mode. Limit orders will start to match shortly after that, before Bitstamp activates full trading.
Last November, another well-known “Ethereum killer” Cardano (ADA) was also listed by Bitstamp.
The exchange, known as the best crypto exchange in Europe, announced in early December that it would also add support for the Shiba Inu meme cryptocurrency, but the listing of the token was delayed due to technical problems. Although it remains unclear when SHIB will take its place on the stock market, it has been confirmed by the team that it will take place in 2022.
>$SHIB update ⚠️
No worries, we haven’t changed our minds!
As you know, we needed to postpone our >#SHIBAINU listing. We’ve been having some technical difficulties with the integration.
Rest assured it’s happening, but in 2022!
Thanks for understanding 🙏
— Bitstamp (@Bitstamp) >December 15, 2021
In 2011, the now defunct Mt. Launched as a European alternative to the Gox exchange, Bitstamp is known for its emphasis on regulatory compliance.
The Luxembourg-based exchange adhered to its conservative listing policies and chose to ignore Dogecoin despite the enormous retail interest that pushed the price of the original meme coin through the roof in early 2021.
Commenting on their stance on Dogecoin in September, Bitstamp CEO Julian Sawyer claimed that the exchange prioritized quality and quality over quantity, and disputed the influence of famous billionaire Elon Musk on Dogecoin’s price action:
“The problem is that if you go for cryptos that go up with a billionaire’s tweet or fall on a billionaire’s tweet, we don’t think it’s true.”
Founded in August 2011, Bitstamp remains the largest exchange in Europe in terms of daily trading volume and still remains a key industry player.
You can check price movements >here.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.