The Palo Alto-Based cryptocurrency exchange, BitGo has yesterday announced that XLM and DASH will be added to the list of cryptocurrencies on its platform so as to help investors store their cryptocurrency assets.
The addition of these two digital currencies simply indicate that they are unique in their own way and are good enough to make it through the exchange’s selective coin addition process.
The exchange has been operating for quite a while now without rendering services to XLM and DASH holders, not until 5th Oct when it made this announcement, now its customers will be able to keep these 2 crypto assets in the digital wallets provided by the exchange.
BitGo cryptocurrency exchange’s founder and CEO, Mike Belshe said that the exchange would be adding the pair of coins as they offer some advances, especially around payments. Belshe added that Digital Cash or Dash features speed improvements that make instant payments feasible. He further stated that Stellar’s Lumens, on the other hand, focuses on global payments more, for consumers.
Currently, the exchange supports 85 crypto assets on their platform not leaving behind Ethereum, Bitcoin, Litecoin, Zcash and Bitcoin Cash to mention but a few. Not too long ago, the exchange launched BitGo trust, a qualified custodian for digital assets.