Darkcoin Trading Launched on Bitfinex as Prices Hold Steady

Interest for greater anonymity among cryptocurrencies continues with announcements of wider accessibility of darkcoin. Becoming the third largest cryptocurrency by

Interest for greater anonymity among cryptocurrencies continues with announcements of wider accessibility of darkcoin.

Becoming the third largest cryptocurrency by market value, darkcoin outperformed other digital currencies in May as prices rose from around $1.50 to $11.00.  The price appreciation was partially attributed to the completion of updated software enabling anonymous sending of payment transfers using the DarkSend masternode. With prices and volumes rising, it drew an increase of traders and exchanges beginning to offer the currency as darkcoin hit a high of $15.70 last month . The darkcoin rally also drew its share of detractors, commenting that the move was more of a ‘pump and dump’ than actual increase of users interested in a bitcoin alternative with greater emphasis on anonymity.  However, with prices continuing to stay above $10.00 and holding the majority of their gains, it is revealing overall ongoing interest into darkcoin.

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Following on the positive momentum, darkcoin received additional positive news this week as it was being added by Bitfinex.  With the launch of trading in both DRK/USD and DRK/BTC, Bitfinex becomes the largest exchange by bitcoin trading volumes to begin offering darkcoin.  On its launch, trading on Bitfinex is available only as an exchange item, with margin trading still unavailable.  Since launching yesterday, trading has been brisk with total volume of over 23,000 darkcoins.

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