Poloniex lists Grin for trading; pledges share of transaction fees to Grin dev fund
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Poloniex, the Circle-owned cryptocurrency exchange, announced it has listed privacy coin Grin for trading, becoming the first major exchange to do so. Grin deposits are currently live on Poloniex; the exchange will enable withdrawal features in the coming weeks. Additionally, Poloniex is also pledging between 25% to 50% of all Grin transaction fees to the Grin General Fund, Grin's development fund. According to Poloniex, because Grin's transactions operate in a "different manner relative to other cryptoassets," it "has taken measures to develop the most user-friendly and secure solution for storing and trading Grin available on the market today."
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Steven Zheng is a researcher for The Block. He joined The Block in August 2018. Steven graduated from St. John’s University with a degree in economics. Previously, he covered blockchain and crypto at Radicle, a startup analytics firm. He also had brief stints at Cheddar, a media startup, and Bowery Capital, a venture capital firm. He owns bitcoin. Follow Steven on Twitter at: @Dogetoshi
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