The Verge Foundation is making headlines after seeing the company make another major partnership after previous failures in the field. The recent partnership with CryptoPlanet.store, a payment company, is set to increase the adoption of the privacy currency as cryptographic payments are integrated into stores globally.
The currency Verge (XVG) has just announced its collaboration with WorldCryptoShop; enable XVG coin holders to make payments for goods on cryptoplanet.store. The online store offers customers access to a wide range of products such as clothing, electronics, bags and many others. Collaboration drives the mission to bring blockchain into everyday life through peer-to-peer, fast, efficient, and private transaction agreements. The Cryptoplanet store facilitates blockchain projects to achieve mass adoption by allowing users access to quality products paid in digital currency. Some of the major benefits enjoyed by XVG users include secure payments and settlements, returns and refunds and free shipping worldwide and much more.
Other sellers who have recently started accepting the Verge currency include Whale Wear, Wooden Watch, International Pizza and Burger, Sheldon Store, Token Business, Earea, Tree of Life Guitars and TraineAU. Whale Apparel is a new store rooted in decentralization. He currently accepts payments in a variety of digital currencies but has a preference for the Verge currency. A 10% discount is available for XVG buyers in the shop.
These stores allow XVG to purchase handmade watch products, musical instruments, restaurant meals, remote infrastructure services such as Web hosting and virtual servers, and many others. Over 200 mobile operators in 139 countries also allow users to top-up their phones with XVG coins.
Verge's (XVG) currencies have also been listed on several new exchanges, further increasing liquidity and improving access. ChangeNow.io added XVG to its list making it possible to exchange coins for another 150 digital currencies on the platform. CoinSoda, Anycoin Direct and Swap Lab are the other exchanges on which XVG has recently listed. Swap Lab, for example, will allow XVG owners to exchange their coins with Bitcoin and over 51 other altcoins on its platform. It is also expected to accept Visa and MasterCard purchases by October.
Verge is undertaking a series of projects to improve different areas of its ecosystem. The development of the XVGui miner for Windows, the official mining pool and the mining guide are underway. The work on redefining the code base of coins to incorporate the most recent standards shared by bitcoins is almost complete. Ring Confidential Transactions, an advanced masking of transaction amounts and RSK Smart Contract are at different stages of integration on the XVG platform.
On the trading desk, the Verge currency (XVG) continued to depreciate, losing more than 10% in the last 24 hours. The currency is traded at its lowest valuation for the year with a market capitalization of $ 173 million. XVG occupies 41 st on coinmarketcap.com and has had almost $ 3.6 million trading in the last 24 hours.