- Bitrue is adding support for StorX trading on its platform.
- Bitrue has already enabled deposits for StorX ahead of its trading launch.
- A trading pair with USDT will become available at 10:00 UTC, July 6.
The decentralized cloud storage is a project in the Xinfin Ecosystem.
The digital asset management platform also announced the same on its official website. Also, it said that users can expect more support for Xinfin on Bitrue soon.
Adding a description of the crypto for its community, it highlighted the top advantages of adding StorX to your portfolio. Bitrue mentioned specifically the fact that StorX is much faster as compared to legacy centralized storage providers. Also, it lets users make huge savings on costs.
Moreover, files uploaded on StorX are split and encrypted into multiple fragments. Autonomous storage nodes store these files which individual operators across the world.
Bitrue enabled deposits for the coin prior to its launch to help traders prepare in advance. Beginning at 10:00 UTC on July 6, the newly-launched coin has already reached a price of 0.245000. In fact, since launching, it has already grown by over 150%. Initially, only a USDT pairing will be available, with others expected to be added soon. Users will also be able to withdraw the coin 24 hours from its trading launch.
Yesterday, StorX hinted on its own Twitter page about the listing: