Pundi X (NPXS), a cryptocurrency underpinning the startup’s blockchain-based point of sale solution, received a boost Monday after Huobi Global announced that it will be listing the altcoin on its retail trading platform.
— Pundi X Labs (@PundiXLabs) March 25, 2019
According to the announcement, trading will begin at 10:30 PM (EDT) on March 25, with NPXS/BTC and NPXS/ETH pairs.
While NPXS already trades on major crypto exchanges including Binance, Bithumb, Bittrex and UPbit, the addition of Huobi is notable, as the exchange currently claims the 15th-highest trading volume of any exchange, although these metrics have recently come under fire.
Last October, Pundi X made the first-ever phone call on its blockchain phone, the XPhone. The startup is also gearing up to conduct a 3-month long airdrop, starting on April 1.
Following the news, NPXS briefly surged above $0.00067 before pulling back to $0.000633, giving the altcoin a $110.5 million market cap.
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Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.