An announcement has been made by Kraken that it has recently decided to reduce the withdrawal fees for Monero (XMR) which will benefit the cryptocurrency users. The exchanges such as Bittrex, Binance, and Poloniex have also reduced the transaction fees of Monero. Though the crypto has witnessed a downward trend in the market, the crypto has maintained stability in the sector.
Bithumb has recently announced the re-opening of Monero (XMR), Monaco (MCO) deposits and withdrawals. In a blog post, the exchange explained, “As the market prices of the following two cryptocurrencies (Monaco, Monero) are getting stabilized with the prices differ less than 10%, we will reopen deposit/withdrawal services for them… August 14 (Tue), 2018 at 3:00 pm KST.”
The Coinsmart has unveiled a crypto exchange for the ‘Crypto Curious’ investors in Canada. The platform supports cryptos such as Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Dash, XMR, and EOS. It is reported that the users are permitted to trade between crypto assets not paired with Bitcoin and Ethereum. The users are allowed to use fiat, Electronic Money Transfer, and Electronic Funds Transfer.