Saturday, 3 November 2018

CoinField Crypto Exchange Believes XRP Can Survive Only With Widespread Adoption

The CoinField crypto exchange announced on November 2 that it will be fixing a commission fee of 0.5 percent on any XRP trading pair on its platform.

The CoinField crypto exchange believes that Ripple’s XRP can survive only with its widespread adoption across crypto exchanges in particular and the crypto community at large. The exchange, which had earlier teased its fans and users about adding XRP to its fold, has finally made the move. It has fixed a commission fee of 0.05 percent on any XRP trading pair on its platform.

Ripple’s token XRP, has been working on its expansion plans even before it launched its platform. The XRP token with its minimal fees and fast transactions was brought to mainstream media. However, the only way it can continue to survive is to be adopted widely across the community. Although this is Ripple’s subtle campaign on its part, the individuals that are hollering together to make it a reality are none other than XRP users.

Crypto exchange CoinField also revealed on November 2 that it will be offering its services for 20 XRP trading pairs. This news has brought about a wave of excitement in the XRP community. The expansion plan shared by the exchange includes pairing XRP with CAD, EUR, USD, JYP, GBP and AED.

The XRP token has been evolving at a steady pace. The token has already been established as a base pair on the DCEX exchange. The latter allows customers to trade the token for the equivalent amount of Ethereum, Bitcoin and Litecoin. The exchange has also managed to link up a base pair with Bitrue. A recent poll by Weiss Ratings showed that with the inclusion of XRP on so many base pairs, the token is viewed as the most used and viable asset for investors that want to migrate between platforms, as reported on Bitcoin Exchange Guide.

Apart from CoinField crypto exchange, XRP was given a boost recently when it was added to a financial derivative dealer, CMC Markets, based out of the United Kingdom. CMC Markets has 12 financial hubs across the world. The company is even listed on the London Stock Exchange (LSE). Some other major cryptocurrency players have also come out in support of XRP, commenting on its advantages and use cases, as reported on AMBCrypto.

The post CoinField Crypto Exchange Believes XRP Can Survive Only With Widespread Adoption appeared first on OWLT Market.



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