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Bitrue Kicks Off ‘Most Demanded’ TRX/XRP Trading Pair

  • Alex Dovbnya
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    Bitrue delivers on its pre-New Year's promise to list five new XRP-based trading pairs with two more pairs expected to be added in the nearest future


Bitrue Kicks Off ‘Most Demanded’ TRX/XRP Trading Pair
Contents

Bitrue, a global trading platform for buying and selling cryptocurrencies, has just given Tron and XRP fans a major cause for celebration – the TRX/XRP was eventually added to the exchange. Overall, XRP managed to bag five trading pairs, enjoying unprecedented support from the exchange.

An XRP trailblazer

Notably, Bitrue became one of the first exchanges to list of XRP as its base currency. That was unknown
to many members of the crypto space who started speculating that Bitrue was simply following trends with the recent XRP embrace. The list of coins that had been already paired with XRP includes Bitcoin (BTC), Ethereum (ETH) and a bevy of other major altcoins (13 pairs in total).  

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On Dec. 28, Curis Wang, the CEO of Bitrue, claimed that ‘many people’ had very low expectations when their exchange was launched five months ago. Moreover, their decision to list XRP as a base currency was perceived as a joke.           

XRP bags five new trading pairs

Now, the exchange is simply expanding its offering by adding five new XRP-based trading pairs. The TRX / XRP pair was, of course, the most anticipated addition in the roster given that both of these communities are hyperactive on the crypto Twitter. Tron CEO Justin Sun, who himself has a reputation of a Twitter regular, has retweeted the announcement. Meanwhile, Bitrue has become one of the favorite trading platforms among XRP enthusiasts as of lately, which in turns gives a lot of publicity to the fledgling exchange.   

It’s also worth mentioning that XRP-based pairs with Cardano (ADA) and VeChainThor (VET) are also in the pipeline.

XRP’s bittersweet start

Despite a series of incremental shifts at the end of 2018, XRP witnessed a rocky start in 2019, falling to third place on CoinMarketCap (CMC) after Ethereum’s Constantinople-driven rally that allowed ETH to regain its second ranking. According to CMC data, XRP is currently sitting at $0.36, but it’s quite possible that an expected increase in trading volume will trigger another price spike.

Cover image via u.today
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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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