Buy Ripple’s Cryptocurrency Coin (XRP Token) On These Top 6 Crypto Exchanges
There are several crypto coins in the market, and each is in demand at different times of the year. When we look at the Ripple XRP, we can see that the need for this particular assets has picked up recently. This has happened despite the current setback that has taken place the last few days, which is expected after having a 110% gain in just a week.
Top Six Exchanges You Should Purchase XRP In 2018
However, the following six exchanges are worth checking out if you are considering to buy an XRP soon or just in the near future.
In the current world where digital assets and crypto coins are the main assets being purchased, it is evident to most investors that the OKEx is a force that many would need to reckon with. The token has become a very popular altcoin exchange, which has been able to offer a very fair trading pair, not forgetting the XRP pairs have been booming in the market. The users of this token are able to trade the XRP against the ETH, BTC and the USDT having Tether being the most popular in the lot.
If you are to compare the token with others in the market, you will find OKEx is not the most liquid in the XRP exchange, but the trading volume of the token has been hovering near the $100M mark daily.
The token was once considered to be the world’s leading US-based exchange; however, it is facing a lot of competition in the market from the other platforms when it's exposing the various users to the Ripple native XRP. The Bitfinex principal trading XRP pair is against the US dollar, but this is not all as they are able to offer a BTC trading at this particular stage.
When we look at the fiat currency, they have been playing a crucial role in the crypto market, and Bitfinex has been able to provide exactly this.
The South Korean exchange of latest has made their mark in the crypto market, and Bithumb has become one of the industry leaders in this regard, and this is all thanks to the KRW trading pair. Additionally, it is the only market provider for the XRP enthusiasts, and the good thing is it is able to generate sufficient volume that has been able to keep the platform within the top five.
Bitbank is a Japanese exchange that does not generate the needed buzz in media, but it has been very successful in the trading arena, this is when it comes to the XRP trading. Unfortunately, it only provides a JPY trading for the asset at the moment, but it is a very crucial fiat currency gateway that the users will need to get informed about. Japan has proved to be a prominent market for the XRP and cryptocurrencies in the market.
The competition that exists in the South Korean exchanges has started to hit up since Upbit began to hit its current stride. The exchange has become very successful when looking at the XRP trading. The reason being it is able to pair with the Ripple asset comfortably against the BTC, Korean Won, USDT, and ETH. Having these four options available is beneficial to the users.
Every crypto coin that you find in the market can be bought, traded and sold on Binance very easily. And the XRP is no exception when it comes to this regard. Binance is able to provide the BTC, USDT, BNB and ETH trading pairs that can be used for the native Ripple asset. All these markets have been able to contribute to the overall volume of the platform, but from these mentioned it is the USDT that is the most popular.