Ripple’s XRP goes live on Huobi exchange OTC trading platform
|- XRP now enjoys the support alongside Bitcoin (BTC), Ethereum (ETH), Tether (USDT) and Huobi Token (HT).
- Huobi’s OTC platform is the “main platform for users who prefer peer-to-peer trading.”
Users of Huobi’s over-the-counter (OTC) trading platform have a reason to smile following the announcement that XRP is now available as a tradable instrument. The Chinese company made the announcement via a press release on March 6.
Ripple’s XRP will now enjoy the support alongside Bitcoin (BTC), Ethereum (ETH), Tether (USDT) and Huobi Token (HT). The CEO of Huobi Global Livio Weng reckons that the OTC platform is in its capacity the firm’s onramp as well as the “main platform for users who prefer peer-to-peer trading.”
At the moment, Huobi is the eighth’s largest crypto exchange company with an adjusted trading daily trading volume of $738 million.
Meanwhile, XRP is trading at $0.3137 at the time of press. The bears are taking over control following the bullish leg yesterday. XRP/USD is up a subtle 0.27% in the last 24 hours. The crypto is sitting comfortably in the third spot on the market with a market cap of $12.9 billion and a 24-hour trading volume of $792 billion.
Read more:
Ripple’s XRP targeting another breakout
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.