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
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Author
John Isige
FXStreet
John Isige is a seasoned cryptocurrency journalist and markets analyst committed to delivering high-quality, actionable insights tailored to traders, investors, and crypto enthusiasts. He enjoys deep dives into emerging Web3 tren
