newslogical.com
Singapore-based crypto exchange Bitrue is on the verge of handing XRP cryptocurrency and its community a huge gift possible of initiating bullishness for the coin during the yuletide period, as the cryptocurrency market tries to make a rebound above $200 billion market capitalization.
Bitrue, in the early hours of the day, declared that it will soon grant XRP new support by listing 27 new XRP pairs on its platform.
A small little gift for the #XRPCommunity this Christmas, we have 27 new $XRP pairs coming soon, with 14 of them arriving on December 25th. In total this brings us up to 77 XRP pairs 😊 All the coins and listing schedules here – https://t.co/fBTvRlUmHU #XRPTheStandard pic.twitter.com/WABXDPiuoG
— Bitrue (@BitrueOfficial) December 23, 2019
In the crypto ecosystem, Bitrue is known for the huge support and relationship it has with the XRP ecosystem. The crypto exchange is now determined to grant XRP more adoption in the yuletide period, by adding more trading pairs for the altcoin, a development capable of surging the price of the cryptocurrency.
Bitrue noted that the first set of the currencies to be paired with XRP will be open for deposits and withdrawal activities from 23rd of December while the trading activities will go live two days after.
The exchange furthered that other paired coins will make their maiden deposits and withdrawals activities on 9th of January with trading activities also going live on 13th of the same month.
No doubt Bitrue is offering users more means of trading XRP which means adoption for the cryptocurrency. As Bitcoin tries to find solid traction above $7500 level, experts are expecting a bullish turnaround for cryptocurrencies as we head into the yuletide period.
Bitrue Aims at Becoming on Demand Liquidity Exchange
Bitrue has said the huge number of XRP pairs it offers the crypto community is giving the platform chances of becoming an ODL exchange, and this would be achieved as soon as fiat trading is enabled on the platform.
Already, there are 54 currencies paired with XRP on Bitrue exchange, and 51 of them have XRP as their base pair currency. Bitrue noted that the huge XRP pair it offers on its platform has helped boost the trading volume of the cryptocurrency on the platform and overall.
At the time of writing, Bitrue exchange presents 8.4% of the total XRP volume in the ecosystem, taking the 4th positing after Binance, Zb and HitBTC. Bitrue said the latest addition made it one step closer to the XRP community and the XRPL.