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July 7, 2018

Ripple (XRP) Adoption and Liquidity on the Rise as Third Biggest Crypto Hits 5 New Exchanges

By Daily Hodl Staff

Ripple (XRP) is expanding its presence in the global cryptocurrency market. The third biggest coin by market cap is reaching new investors on at least five crypto exchanges.

Today, XRP debuted on Independent Reserve, Australia’s first officially regulated crypto exchange. Customers can trade XRP and buy it with fiat (USD, AUD and NZD).

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One of India’s leading exchanges UnoDAX just added XRP on its new trading platform, with four new crypto-to-crypto trading pairs: Litecoin, Bitcoin Gold, FunFair and Zilliqa. XRP has also just been added to B2BX, a relatively new exchange focused on attracting hedge funds and crypto brokers. XRP is paired with Bitcoin, Tether and B2BX.

One of the biggest exchanges featuring XRP may turn out to be SBI’s new VCTRADE exchange in Japan. After brief trial period, the financial giant officially plans to roll out the new platform to the public and its millions of customers this month, featuring XRP, Bitcoin and Bitcoin Cash.

According to Business Insider Japan, SBI’s president says he’s preparing for the exchange to become “number one in the blink of an eye” and handle any amount of traffic that comes its way.

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Last but not least, DX.Exchange will open its doors to the public on July 25th. The exchange is being built on Nasdaq’s market-leading matching engine technology and will feature XRP right out of the gate.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.