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Indian Exchange Launches XRP-Based Trading Pairs

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Sun, 29/04/2018 - 19:47
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Indian Exchange Launches XRP-Based Trading Pairs
Cover image via U.Today
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Ripple has become a trading base on Indian cryptocurrency exchange Koinex today, the company announced in a tweet.

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Bitcoin and Ethereum have been the base for most crypto-to-crypto markets, meaning traders wanting to buy altcoins have to use the two currencies. One of the common headaches of trading altcoins is that traders have to trade with the price fluctuations of the base in mind.

The only Ripple-based trading CryptoComes has found is at the Rock Trading (BTC/XRP).

At Koinex, users can buy Litecoin, EOS, Golem, OmiseGO and Tron along with three other currencies with Ripple.

Koinex currently ranks 87 in terms of 24-hour trading value on Coinmarketcap.com and is open to Indian residents only.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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