OKEx Lists Ripple (XRP) and Bitcoin Cash (BCH) On Customer-to-Customer (C2C) Platform

OKEx, the Malta-based crypto exchange which is currently the third largest one by market cap in the world has decided to list two important assets on its customer-to-customer (C2C) platform: Ripple (XRP) and Bitcoin Cash (BCH).

Now the company will allow its customers to buy and sell BCH and XRP combined with five fiat currencies: the Chinese Renminbi (CNY), British pound (GBP), Russian Ruble (RUB), Vietnamese Dong (VND) and the Thai Baht (THB). THB was only just added to the platform prior to the inclusion of XRP and BCH. This means that the company will now have 15 new trading pairs.

During the time of the upgrade, all services will remain as normal and nothing will properly change. Therefore, there is no need to prepare for the change.

Unfortunately, the announcement also comes with bad news as well. Some assets are going to be delisted from the company’s list after February 25. They are NEO (NEO), QTUM (QTUM) and Exchange Union (XUC).

About OKEx C2C Platform

This platform is mostly focused on allowing the users to place orders with their own selected rates and payment method. Then, they will be able to use cryptos or fiat to trade with zero transactions fees.

Prior to the new listings, the company already supported some tokens such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Tether (USDT).

About the New Assets

Ripple’s XRP token is the third largest coin by market cap now. The token had taken Ethereum’s position last year but it lost it this year as its price dropped. Ripple, the company behind XRP, is mostly focused on cross-border transactions and payment solutions.

Bitcoin Cash is currently the 6th top token. It was created from a Bitcoin hard fork back in August 2017 and it has had a good run since then, but last year the coin suffered another fork and this made it lose some value. However, it looks like BCH is starting to recover now.

Participate In The Promotion

The Twitter profile of OKEX has tweeted that five iPhone XS Max 256GB will be sent out to users of the platform in a commemoration for the launch of these new assets.

If you are interested in participating in the giveaway, your first step should be to create your own account in case you do not have one already and then you need to use over the counter (OTC) market of the company with a transaction of at least $1,000 CNY in order to participate.

You can read the rules of the promotion here.

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