Bitrue Crypto Exchange Adds Ripple (XRP) Crypto Coin with Five New Trading Pairs
In a market fraught with price crashes, XRP has held on steadily building on its success. With innovation and outreach programs it has climbed up to the 2nd spot in terms of market cap, at nearly $15 billion. This has seen many exchanges increasingly offering it, along with interesting pairs. Bitrue is the latest to join that party.
Bitrue, a global crypto-currency exchange, with offices stretching from the US to Japan, announced today, 28th December that they are adding XRP to their stable of offered options. In an official tweet they stated
“We’re happy to announce that we will be on-boarding all #XRP trading pairs in the next couple of months!”
Further to this, the trading is expected to be live by the start of January next year.
While we know 5 pairs will be offered, their identity has yet to announced or decided (by the looks of it). In the same post the platform was looking for suggestions from the community. It read
“We’re planning to add 5 pairs in the 1st week of 2019, so please give us a shout on your most needed #XRP pair!”
Taking it further, the exchange was also keen to see the market reaction and said
“We want also to encourage all our partners to reach out if you want to be prioritized in supporting the XRP pair! “
From Strength To Strenght
Ripple has been creating excitement not only due to its market standings but also how it has methodically gone about getting there.
After taking note of their collaborations with different financial institutions, XRP was added on Binance, arguably the biggest cryptocurrency platform in the world, pairing them with Tron [TRX] and Zcoin [XCZ]. This announcement had caused a price hike of nearly 20 percent.
Apart from that, while prices have been in the red, they have not suffered as some of the other top coins. The price seems to float between the $.44 to $.34.
With increasing acceptance from mainstream banks, the underlying technology of RippleNet is undoubtedly here to stay. And now that the coin is getting this sort of exposure, it should only further strengthen the base value of this crypto.