Boosting XRP Support: Huobi US Reveals New XRP Trading Pairs After Adding Ripple’s Coin To OTC Trading Platform
XRP adoption is steadily growing, and it seems that Huobi is offering Ripple’s digital asset a lot of support.
Huobi US adds three XRP Pairs
The arm of leading crypto exchange Huobi Global adds three XRP trading pairs to its platform.
From now on, users will be able to trade XRP against the US dollar, Bitcoin and Tether.
This comes right at the same time when the exchange gives away XRP as it celebrated $100 billion in trading volume.
Huobi’s official announcement released this Wednesday says the following:
“Starting now, you can deposit XRP on the Huobi Marketplace, and the estimated opening time for XRP trading and withdrawals will be April 19th, 2019 at 12:00AM PST. Supported XRP trading pairs include XRP/USD, XRP/BTC, and XRP/USDT.”
Users who are based in the US who are new to the platform will need to register and pass level-one verification.
Huobi DM which is the company’s trading platform for crypto derivatives is now celebrating the cumulative trading volume of $100 billion. The exchange said that it’s giving away XRP to ten people as you can see in their tweet below.
According to the announcement, “Our crypto asset trading platform, recently marked a huge milestone; we’ve now exceeded USD $100 billion in cumulative trading volume since launch! The platform has come a long way since going live in beta this past November.”
News from Huobi DM: cumulative trading volume exceeds USD$100 billion since our launch! To celebrate, we are giving away 200 $XRP to 10 lucky winners. Win by:
☑️Show us how you are celebrating this event+#HuobiDMCelebration
— Huobi (@HuobiGlobal) April 19, 2019
Huobi boosts support for XRP
Huobi is increasing support for the XRP token across its ecosystem. The company also added the crypto to its OTC trading platform for institutional investors back in March, joining Bitcoin, Ethereum, Tether, EOS, and Huobi Token.
It’s also important to mention that Huobi OTC revealed a partnership with Simplex, the global payment processor.
This will allow customers to use their Visa, Mastercard credit and debit cards to purchase BTC, XRP, ETH, and LTC over Huobi’s peer-to-peer exchange.
Andreas Townsend Author
I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.