XRP just got listed on COBINHOOD, a popular exchange that has been known for its zero transactions fees.
This means that any user who tops up their account with crypto gets to transact with a zero fee.
The exchange already confirmed its decision to list and have XRP ready for trading on its platform starting today, October 19th.
Investors and traders will be able to deposit, trade and withdraw XRP on the exchange. XRP will be included in the following pairs: XRP/USDT and XRP/BTC.
XEM will also be listed on the platform, and its trades will run for XEM/USDT and XEM/BTC.
Besides these new listings, the exchange will also launch a margin trading service that will allow crypto traders to expand their current trading limit and it will allow short selling as well.
At 10:5:30 AM, COBINHOOD announced that Ripple Withdrawal is Suspended in order to implement system maintenance for XRP. You can see their announcement below.
Bulls might be on their way following this listing
Crypto enthusiasts are looking forward to seeing an XRP market event after this important listing and bulls are awaited.
The prospects of XRP experiencing a bullish trend are not too far-fetched especially considering the success of Ripple’s products RippleNet, xRapid, xCurrent, and xPring.
xRapid adoption continues, and Ripple has recently celebrated another name which chose to use their product. Viamericas is the fourth financial institution that’s using Ripple’s XRP-powered product in order to power global money transfers.