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OKEx Adds Ripple (XRP) and Bitcoin Cash (BCH) on Customer-to-Customer Platform

Anca F. by Anca F.
February 22, 2019
in Latest News

According to a press release made today, top cryptocurrency exchange OKEx has added support for Ripple (XRP) and Bitcoin Cash (BCH) on its customer-to-customer (C2C) trading platform.

OKEx, the number one exchange according to adjusted daily trading volumes at the time of writing, has listed XRP and BCH on its C2C trading platform, meaning that users are able to trade with these coins against the five supported fiat currencies: British pound (GBP), Chinese renminbi (CNY), Vietnamese dong (VND), Russian ruble (RUB) and Thai baht (THB).

The Thai baht was recently added OKEx C2C platform in mid-February.

The announcement stated that all OKEx C2C platform services will remain the same during the upgrade process. The C2C platform enables traders to place orders with exchange rates and payment methods selected by them, and they can also make crypto trades against fiat currencies with no transaction fees.

The two new coins will be joining the list of supported cryptos comprised of Bitcoin (BTC), stablecoin Tether (USDT), Ethereum (ETH) and Litecoin (LTC).

OKEx also made another announcement in which it delists three other cryptocurrencies: on Feb. 25, OKEx will terminate support for the NEO (NEO) coin, QTUM (QTUM) and Exchange Union (XUC).

The exchange also added four new crypto derivative pairs. Users are now able to margin trade Bitcoin SV (BSV), QTUM, DASH (DASH) and NEO against Bitcoin or Tether with a leverage rate of 3 times.

The XRP coin is currently ranked as the third-top cryptocurrency according to market cap, after stepping down from its number two position from January. The CEO and representative director of SBI Holdings cited Ripple as one of the reasons why he believes in an optimistic future for cryptos.

Bitcoin Cash is a cryptocurrency which was created after a Bitcoin hard fork occurred on August 2017, which is currently ranked sixth according to market cap.

Tags: OKEx listing XRP and BCHOKEx lists Bitcoin CashOKEx lists RippleXRP BCH listing on C2C platform
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