XRP is now available to trade on another exchange

XRP is the cryptocurrency used by the XRP ledger

XRP is now available to trade on another exchange. Source: shutterstock.com

According to its official website, Coinbase Pro now allows XRP trading. XRP/USD, XRP/EUR, and XRP/BTC order books are in full trading mode. Limit, market and stop orders are now available.

Support for XRP is initially available for Coinbase Pro users in the US (excluding NY), UK, supported European Union member nations, Canada, Singapore, and Australia. Additional jurisdictions may be added at a later date.

XRP is the cryptocurrency used by the XRP ledger, which supports international currency exchange and remittances. The ledger is powered by a network of peer-to-peer servers. All accounts on this network can send or receive XRP to/from each other, while XRP can be used to send underlying fiat currencies between two parties. In this way, XRP can function as a bridge currency in transactions involving different currencies such as US dollars, Japanese yen, Euros, Francs, and others in use on the XRP network.

Nevertheless, XRP is not yet available on Coinbase.com or via its mobile apps.

SEE ALSO: Stages of the blockchain revolution

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