CoinCola Exchange’s Over The Counter (OTC) Market Lists XRP (Ripple’s Coin) As A New Asset
CoinCola Lists Ripple’s XRP As A New Asset For Its Over The Counter (OTC) Market
A prominent over the counter (OTC) crypto market and exchange called CoinCola has recently listed Ripple’s XRP on its OTC markets. The company has shared the news via a tweet, in which it affirmed that XRP would be its 7th token listed on the platform.
The main reason behind this decision was a “surge” in the trading volume of the token, as affirmed by AMBCrypto. This surge has made the demand for the tokens be higher and then the company decided to list it, as the asset is surpassing Ethereum (ETH) on its market cap and becoming the second largest crypto in the world.
XRP is operated by a private company called Ripple Net, and it has been very resilient lately. While the whole market has seen its value dropping over 18% in November, Ripple was only scratched and it lost 3.2% only. Now, being worth over $15 billion USD while ETH is dipping to $12 million USD, the token is solidifying its place as the second largest token in the market today.
AMBCrypto lists as the reasons for the price of XRP being so “high” that the market is autocorrecting because of all the hype of 2017 and that Ripple offers a real solution for the users. Whether Ripple’s XRP is so good or not, the truth is that it is huge and it is faring better than Ethereum, which granted its spot in the list.
As XRP is being used in some banking institutions for a fast cross-border payment service and the company has developed its ecosystem in 2018, XRP is being able to retain some of its prices despite the market correction that is happening at the moment in the crypto industry.
How To Buy XRP On CoinCola
In case you are interested in having the new asset in CoinCola, you will now have your chance. As a promotional move, the OTC transaction fees for XRP are now 50% below the average, which was made to incentivize users to participate in this new market.
The registration is free and the company is self-described as a very cheap and quick way to get started with cryptos. In a different way from the other exchanges, CoinCola offers OTC markets as well as an official crypto exchange. The company also affirms that it has one of the cheapest fees in the entire market.
Some of the tokens that you can already buy at the platform are Bitcoin (BTC), Ethereum (ETH), Tether USD (USDT), Litecoin (LTC) and DASH. The app is available in six languages, including English and Spanish and it has a set of trading tools that you can use to trade in a more equipped way.