CoinField, a popular Canadian cryptocurrency exchange, has added another feather in its cap with the latest announcement stating that 18 new fiat trading pairs will be added on the platform on January 11. The roster includes trading pairs pegged to popular fiat currencies such as the United States dollar [USD], Canadian dollar [CAD], British Pound [GBP], the Euro [EUR] and the Japanese Yen [JPY].
The cryptocurrencies that will be included as part of the trading pairs are Bitcoin [BTC], Ethereum [ETH], Stellar Lumens [XLM], Bitcoin Cash [BCH], Litecoin [LTC], Digibyte [DGB], Basic Attention Token [BAT], ZCash [ZEC] and 0x [ZRX].
The exchange also gave its word on the deposit holds by stating that a user can whitelist their account by uploading a proof of address and making at least 3 deposit history with the alternative of a wire transfer that has no hold. The allocation of the trading pairs are as follows:
- USD: DGB, ZRX, BCH, DASH, ZEC & BAT
- CAD: DGB, ZRX, BCH, DASH & ZEC
- GBP: BTC, ETH, XLM, LTC & DGB
- EUR: DGB
- JPY: BTC
Post the announcement, users flocked to CoinField’s twitter handles to voice their opinion. One Twitter user, Pucksterpete had said:
“How about enabling or finding a bank to accept your EUR SEPA option. Still not active, very disappointing L”
To this CoinField replied:
“Hi 👋, SEPA is going to be activated in this month. In the meanwhile you may use our bank wire transfer option which is fairly quick. 1-3 days max. – Thank you!”
CoinField had also made the news recently when XRP based trading pairs were confirmed on the platform. This also included an XRP based Stellar Lumens trading pair XLM/XRP. The XLM/XRP trading pair was stated to be available alongside six other direct fiat pairings. The news had excited users of the cryptocurrencies as expressed by Lapinette, a Twitter user had stated:
“Really good Job ! I’m not Canadian but I’m an XRP holder so I’m so proud of you ! I really hope than other as @binance @BittrexExchange @Bitstamp @eToro … will follow your exemple !”
TinCryp, a Reddit user also voiced his opinion by saying:
” This sort of development is what the crypto space needs right now. Shoutout to CoinField for making this happen, some real progress this.”