Ripple’s XRP Coin Listed on Tim Draper-Supported Singapore-Based Trading Platform Coinhako

Earlier yesterday, Tim Draper-backed cryptocurrency exchange Coinhako released a statement announcing its decision to henceforth provide full support for Ripple’s native XRP token offering.

For those of our readers who might not be aware, Coinhako came into existence around 5 years back when the firm was founded by friends Yusho Liu (CEO) and Gerry Eng (CTO).

Over the years Coinhako has been able to rope in a number of angel investors and venture capital firms including:

More On The Matter

Earlier this year (on January 8th), a spokesperson for Coinhako announced that the crypto exchange had officially become the world’s first trading platform to offer customers with a total of

“100 fiat-crypto pairings”.

In addition to all this, Coinhako also released a statement during the start of 2018 that they were going to be providing support for a number of digital assets including niche’ coins such as:

  • Omisego (OMG)
  • Zilliqa (ZIL),
  • Kyber Network (KNC)
  • Status (SNT)
  • Golem (GNT)
  • Basic Attention Token (BAT)
  • QuarkChain (QKC)
  • Waltonchain (WTC) etc

At the time, Coinhako co-Founder ‘Yusho Liu’ had also released the following message:

“Our recent additions to the Coinhako platform not only puts us at the top for variety of cryptocurrency and fiat trade pairings, it also showcases our leading infrastructure and technical expertise of the team.”

Final Take

In closing out this piece, it is worth remembering that even though XRP was mentioned in Coinhako’s aforementioned list of supported currencies, the premier digital asset was pulled back from release for a number of undisclosed technical reasons.

In this regard, the exchange recently sent out a statement yesterday saying that all of the incurred technical issues had been duly rectified by the dev team and that XRP was now being officially supported by the platform:

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