DigiByte coin ranks 29th on coinmarketcap recently witnessed a significant increase and is still performing well at the time of writing this article, as it trades at $0.025, an increase of 16% in the last 24 hours.

DigiByte, which stands for DGB, has increased by 930% against the dollar in less than two months.

The sudden growth of DigiByte is very remarkable especially since the coin is not listed on Binance, one of the largest cryptocurrency exchanges in the world.

Rudi Bowman, Vice President of DigiByte, sheds some light on the currency’s strong performance recently, and explains why not all roads necessarily lead to Binance.

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where he told Bowman Source By saying:

DigiByte is real.

No ICO, no unclean company, no manipulation, no bad intentions, no money snatching. All volunteers in the DigiByte project are community and community service.

DigiByte was launched in 2014 without an ICO (like Bitcoin).

Likewise, it has been slowly picked up by a community of cryptocurrency enthusiasts who continue to develop it on a voluntary basis.

Perhaps this is why DigiByte took longer to appear, suggested Bowman, who was not surprised by the sudden rise of the coin, telling:

This growth shouldn’t come as a real surprise.

DigiByte coin was expected to outperform the market, it’s too late.

In the past week, trading volume for DigiByte on exchanges has doubled, according to CoinMarketCap, all without the help of Binance.

DigiByte feud with Binance

DigiByte once had the option to list on Binance but for a fee.

DigiByte founder Jared Tate claimed that Binance wanted $300,000 to list the coin, as well as three percent of all DigiByte tokens.

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DigiByte Founder: These Are Binance Requests to List Overpriced DGB Cryptocurrency

But the CEO of the DigiByte project refused and got into an argument with CZ, the CEO of Binance.

In this regard, Bowman commented:

Every free trading platform is welcome to list DigiByte coin.

No permission is required, but DigiByte will never pay a listing fee or pay market makers.

We also do not have ready-made coins to offer to the trading platforms.

Some trading platforms have requirements that we cannot and will never meet.

Bowman urged trading platforms to seriously consider decentralization and not consider it just a slogan.

Bowman stated:

Big platforms like Gemini, Binance, Coinbase and others need to understand that we are really decentralized.

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There is no single entity responsible for the DigiByte project, not even founder Jared Tate.

According to “Baumann”, listing and trading is not a problem for DigiByte at the moment, as he told:

We are now listed on more than 120 trading platforms around the world.

Bowman remains hopeful that DGB will reach some of the larger trading platforms soon – but admits that it may take some time, reporting:

I’m sure over time, even the biggest exchanges will adopt DGB, there are certainly talks going on, and some of them look promising.

I think we just need more patience.

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