Ripple received registration on one of the world's most popular crypto exchanges. Singapore-based crypto platform KuCoin has announced the listing of the XRP token, developed by US firm Ripple Labs, on its trading platform.
On its official website, KuCoin announced that it has added XRP to its list of tradable digital assets.
Deposits can be made immediately. Purchase orders began being processed on December 3rd. Order sales and withdrawals have been available since December 5, 2018.
When an exchange lists popular cryptocurrencies like XRP, the first thing the exchange does is try to properly facilitate trading on its platform. KuCoin has done just that by providing a range of trading pairs for XRP.
These include:
XRP / BTC
XRP / USDT
XRP / NEO
XRP / PAX
XRP / ETH
XRP / TUSD
XRP / KCS
XRP / USDC.
Of course, these are the starting pairs, and it is expected that their list will be expanded.
In addition to listing XRP, KuCoin also announced a limited special offer. During this period, traders looking to exchange XRP will benefit from a special offer that offers a 99% discount on fees. During this period, anyone trading XRP on this Singapore-based platform will only pay 1% of the trading fee they would normally pay. The supply ends exactly one minute after midnight on December 10.
At a time when the crypto market is fighting off brutal attacks from bears, XRP managed to maintain the second place in market capitalization and listingg of a major exchange will help survive the prolonged period of high volatility.
You May Also Like
Analysis of cryptocurrency pairs BTC/USD, ETH/USD, XRP/USD as of 08/10/2018
The low swing amplitude during yesterday's consolidation indicates a lack of uncertainty in the market. Weak recovery dynamics on declining volumes suggests that prices will resume falling today
Is a union between American Express and Ripple possible?
American Express or AMEX is an international financial services company. The company is estimated to be worth $33 billion and has more than 50,000 employees. Essentially, this is a payment giant company. Ripple recently posted an article on their news portal regarding AMEX.
