Sign Up on MEXC
Ripple will commence trading on Independent Reserve, the Australian digital currency exchange, from 7th July expanding its presence in Australia and New Zealand. All XRP trades will be discounted to 0.1% for the first two weeks.
Ripple [XRP] now available in Australia and New Zealand
Developed by Ripple Labs, XRP, the protocol and currency were designed with the banking and institutional market in mind, enabling fast, low-cost transfers between fiat currencies as well as other assets including gold and airline miles. Ripple Labs has collaborations with a wide range of institutions around the world including NAB, Westpac, and American Express.
XRP is the third largest digital currency by market cap after Bitcoin and Ether. Its current market cap is around USD $19 billion. One XRP is currently trading at around USD $0.48. Ripple can be bought on most major exchanges including Bithumb, Coinone, Korbit, Bitso, Bittrex, Bitfinex, Poloniex, BitStamp, Hitbtc, Kraken. It has been slowly getting traction from others exchanges as well.
Also, read: Coinmarketcap Replaces Ripple Ticker as ‘XRP’, Breaks Above Crucial $0.50 Resistance Level
Independent reserve a great platform for Ripple
XRP will be available to trade on Independent Reserve from 7 July. The exchanges can buy XRP with AUD, NZD, and USD, and trade between XRP and other digital assets including Bitcoin (XBT), Ether (ETH), Litecoin (LTC) and Bitcoin Cash (BCH).
Independent Reserve CEO Adrian Przelozny said the exchange will roll out product direct to retail investors through its exchange, as well as over the counter (OTC) to corporate and institutional customers. He was quoted saying
“The addition of XRP is in line with our strategy of adding high-quality digital currencies in a thoughtful and measured way,”
There is a wide universe of digital currencies out there now, but to be listed on Independent Reserve they need to meet a range of criteria including quality, stability and volume metrics. He also mentioned that there is a good demand for Ripple in Australia and the exchanges clientele has been requesting XRP.
Independent Reserve is a registered Australian company, committed to institutionalizing the Digital Currency industry. It is an industry member of the Australian Digital Commerce Association (ADCA). The technology behind Independent Reserve is our proprietary Airmarshal™ platform, which provides a secure, robust, scalable system for online trading. The exchange also provides the secure Airbridge™ API for third parties integrating with Independent Reserve.
Independent Reserve facilitates trading Bitcoin and Ether in three currencies: USD, AUD and NZD. Independent Reserve features a multi-currency order book which automatically converts all open orders into currency of choice. Independent Reserve was founded in 2013 in Sydney, Australia.
What are your views on the growing expansion of Ripple? Share your thoughts with us!
- SOL Rises as Nasdaq-listed Forward Completes $1.65B Raise For Solana Treasury
- Breaking: U.S. CPI Inflation Rises To 2.9% YoY, Bitcoin Reacts
- Over $4 Billion in Bitcoin and Ethereum Options Expiring After US CPI
- South Korea Ends 2018 Ban on VC Investments in Crypto Firms
- Wall Street’s CPI Forecast: Expert Examines if Bitcoin Price Can Sustain Triangle Breakout?
- Pi Network Price Wyckoff Theory Signals a Surge as One Whale Keeps Buying
- ETH Price Prediction As Bitmine and SharpLink Continue ETH Buying Spree- Analyst Predicts $7K Next
- AVAX Price Prediction as Avalanche $1B Treasury Gains Momentum – Is $55 in Sight?
- Pump Price Forecast as $12M Buyback Fuels Scarcity — Is $0.01 in Sight?
- SUI Price Prediction as Mysten Labs Meets SEC Ahead of ETF Decision—Is $7.5 Next?
