by Marvin Dumont
New APL trading pairs have been introduced on the recently-launched Knox PRO exchange. You can now trade Apollo Currency through APL/BTC (Bitcoin) and APL/ETH (Ethereum) pairings on the world’s safest and fastest international exchange. These pairings and new digital platform give Apollo Currency more liquidity and trading options.
The cryptocurrency market has made big gains since the March 13 crash in which total market cap plunged to $119 billion. Valuation has since risen to $218 billion (as of this writing) representing a gain of 83% over the past 6 weeks.
During this time, tens of millions of Americans received economic stimulus payments worth $1,200 each for single individuals and more for those with children. Some used the funds to purchase cryptos which drove up valuations.
Last week, Coinbase CEO Brian Armstrong tweeted that the U.S. exchange saw a spike in the number of buys and deposits worth $1,200. According to CoinDesk:
Up until mid-April, around 0.1 percent of total buys and deposits had been for $1,200, then it suddenly spiked nearly 0.4 percent this week, around the time many Americans started receiving their stimulus checks.
Binance also saw a spike in $1,200 deposits.
Apollo Fintech is developing world-shaping fintech solutions for a global economy. Its product categories include Government Solutions, Commercial Products and Consumer Products. Apollo Fintech’s new platforms and tools include National Currency System, Tax System, Commodity Exchange, Mineral Claims System, Government Bank Platform, White Label Payment System, Bank Network, Knox Exchange, DEX, Apollo Cash and Apollo Currency.