The First Full Exchange Dedicated to XRP

XRP United

In a twitter announcement, prominent XRP community member @BankXRP informed the crypto community of the launch of the first full XRP based exchange. The exchange, that is known as XRP United, went live just yesterday, 23rd October, 2018. Users who want to test drive the exchange, can visit xrpunited.com. There is also a discord channel dedicated to new users of the platform.

The tweet announcing the new platform can be found below:

The First Full XRP Based Exchange now LIVE

XRP United – Launch Video #xrpthebase https://t.co/CHyRCLdbG8 #Ripple #XRP

ON DISCORD https://t.co/1kVqSwCMpH pic.twitter.com/3M40tI8hER

— 𝗕𝗮𝗻𝗸 𝑿𝑹𝑷 (@BankXRP) October 23, 2018

Trading Pairs on XRP United

The current trading pairs on the new exchange are as follows:

  • BTC/XRP
  • ETH/XRP
  • BCH/XRP
  • XMR/XRP (Not yet live. To be added as soon the Monero wallet is integrated)

XRP The Standard

The chief goal of the XRP United exchange, is to further the use case of the digital asset to a level where it is the global standard. The campaign to make XRP global is best exemplified by the progress being made by the Ripple company in terms of providing solutions for cross-border payments. The company initially had three products of xCurrent, xVia and xRapid, but a redesign of the company website further combined all its software solutions into one product/service known as RippleNet.

In terms of crypto trading, XRP has proven to be the fastest digital asset to use when transferring funds between exchanges. So much so, that the XRP community has been petitioning Binance to add the digital asset as a base currency on the exchange.

READ  XRP Price Analysis October 3rd: Another Opportunity to Buy on Dips

With the new exchange of XRP United, members of the community now have an exchange solely dedicated to the digital asset. Some of the reasons to use XRP as a base currency are as follows:

  • It is faster and cheaper
  • A base currency of XRP would bring in more users to the exchange
  • XRP is the fastest digital asset to transfer funds between exchanges
  • Other exchanges are continually warming up to XRP as a base currency
  • Trade volume would increase as XRP would attract the big money movers – also known as whales
  • It is the natural and progressive thing to do given the popularity of XRP

Disclaimer: This article is not meant to give financial advice. Any opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you.

The post Introducing XRP United, The First Full Exchange Dedicated to the Digital Asset appeared first on Ethereum World News.

xrp, xrp coinbase, xrp united, xrp to usd, xrp reddit, xrp stock, xrp price, xrp price prediction, xrp all time high, xrp analysis, xrp a security, xrp ath, xrp app, xrp address, xrp buy, xrp bitcoin, xrp blockchain, xrp banks, xrp bull run, xrp coin, xrp coin news, xrp coin price prediction, xrp coil, xrp calculator, xrp cryptocurrency news, xrp community blog, xrp eoy, xrp forecast, xrp forex, xrp news today, xrp news, xrp chart

You May Also Like

Leave a Reply