By Solomon Odunayo
OceanEx, the next generation AI-powered intelligent digital asset exchange, has a couple of hours ago announced that the perpetual contract trading for Ripple’s digital token XRP against Tether (USDT) (XRP/USDT) is now live on its trading platform.
According to the report of the new development, all perpetual trading launched, including XRP/USDT trading pair are now available on OceanEx website and OceanEx iOS app.
The cryptocurrency exchange OceanEx warned its users about the risks that abound in furtures trading. The exchange thereby advised the willing users to trade responsibly.
Meanwhile, Binance, the arguably largest cryptocurrency exchange by trading volume announced about 2 weeks ago that Binance Futures will launch XRP against Tether (USDT) perpetual contract trading with up to 75x leverage.
The XRP/USDT perpetual contract launched by Binance Futures has since gone live and tradable on the cryptocurrency exchange.
The Situation of XRP and Other Cryptocurrencies in the Market
Ripple’s digital token XRP has rested safely on $0.2 resistance level. The majority of the digital currencies actually experienced price retracement a couple of hours ago, but it seems the situation has been brought to normalcy.
There is no huge price loss for the top coins presently, unlike about 24 hours ago when virtually all top digital currencies experienced a huge price loss. At the time of filing this report, XRP is trading at $0.234278, with about a 1% price upsurge based on 24 hours estimation.