The top third cryptocurrency exchange by market cap and one of the global leaders of blockchain technology OKEx has introduced listing of Ripple (XRP) and Bitcoin Cash (BCH) on Customer-to-Customer Platform (C2C).
In the continuation of building its trust and delivering assorted services the trading platforming its upgradation process has added XRP and BCH for its customers that will support five fiat currencies without any change while facilitating: the British Pound (GBP), Chinese Renminbi (CNY), Vietnamese Dong (VND), Russian Ruble (RUB), and Thai Baht (THB). Out of these THB was added in Feb mid.
Not long ago, the four new crypto derivative pairs have also introduced on OKEx platform while delivering the margin of 3x leverage option, users can trade Bitcoin SV (BSV), QTUM, DASH (DASH), and NEO in contrast to Bitcoin or Tether.
However, as per the news, the company would be going to remove some of the digital assets: NEO (NEO), QTUM (QTUM) and Exchange Union (XUC) after February 25.
Ripple (XRP) and Bitcoin cash (BCH)
XRP is Ripple’s coin and the third-top cryptocurrency by market cap. Last month in January the digital asset dropped in its value due to the bearish market trend which had influenced Ethereum and taken it’s a place last year.
Founded in 2012, Ripple is the cross-border transactions and payments solutions currency exchange platform which is created by a US-based technology company Ripple Labs Inc… The real-time gross settlement (RTGS) system currency exchange and remittance network are developed on distributed open source protocol.
Bitcoin Cash (BCH) as the latest, the 6th top cryptocurrency, created from a Bitcoin hard fork in August 2017. Further, on November 15, 2018, Bitcoin Cash forked into two cryptocurrencies dubbed “Bitcoin Cash ABC” & “Bitcoin Cash SV”. Currently, BCH is recovering its value which got a set-back due to market volatility and two splits.
OKEx’s Latest Promotion, BCH & XRP Trading
On Feb 22, 2019, OKEx announced through its Twitter account about the launch of digital assets: BCH & XRP trading and in the process of attracting customers towards its C2C trading system giving away 5 iPhone XS Max 256GB for 5days while celebrating. However, as we all know that there are no free lunches in the world and nothing comes free of charge. One of the conditions to participate in the delight is to sign-up if already not a member and the user has to take the service of over the counter (OTC) market of the establishment with a transaction of at least $1,000 CNY. There are more guidelines available on the company website link.