Thursday, July 9, 2020
No menu items!
  • News
  • Cryptocurrency
  • XRP News
  • Contact Us
More

    Ripple’s XRP Listed On DSX, a UK-Based Cryptocurrency Exchange

    Must Read

    David Schwartz Answers Questions on How Fair and Reasonable It Is for XRP to Stay below $0.2

    The Chief Technical Officer (CTO) at Ripple, was recently tasked by a crypto community member to explain how fair...

    Charles Hoskinson: Those Who Took a Very Bearish Contrarian Position on Cardano (ADA) Are Wrong

    Charles Hoskinson, the CEO of IOHK has stated that the 7th largest cryptocurrency by market capitalization, Cardano (ADA), has...

    Brad Garlinghouse Identifies the Lapses Ripple and XRP Can Fill In Global Economy in Terms Remittances

    The CEO of Ripple, Brad Garlinghouse, has recently pointed out the lapses in the traditional finance that he believes...
    Tobi Loba
    Tobi Loba
    Tobi-Loba is a creative and an award-winning writer with over 5 million readers from all over the world. She has B.A in English and Literature from a reputable University and currently studying for her M.A in the same field. She recently became a contributor at Herald Sheets in order to fulfill her thirst in reporting crypto and blockchain occurrences, the interest she built over the years.




    Ripple’s digital token XRP, the third-largest digital currency by market capitalization has received a new boost for necessary expansion with a new listing on Digital Securities Exchange (DSX), an agelong cryptocurrency exchange based in the United Kingdom (UK).

    According to findings, DSX launched in 2014 with the backing of the FCA authorized Electronic Money Institution. This makes the company the first cryptocurrency trading platform to ever secure regulator’s backing in the United Kingdom and Europe as a whole.

    DSX is personalized and totally unified for cryptocurrency trading. The trading platform made the listing of XRP known via its official Twitter handle on 23rd December 2019.

    According to the report released by the exchange, it has added support for XRPUSD, XRPEUR, and XRPBTC on its trading network.

    DSX shared thus, “We’ve got some great news to share with you – we’ve added XRP to DSX! We support XRPUSD, XRPEUR and XRPBTC pairings now. Enjoy trading!

    However, DSX trading volume is relatively low at press time, but it presently ranked 19th in terms of liquidity, with $6.261.797, according to CoinMarketCap estimation.

    Jeffrey Tucker Says XRP is a Specific Kind of Crypto

    Jeffrey Tucker of the American Institute of Economic Research was in an interview with Boom Bust on Reuters Television network. There he was asked questions based on his ground knowledge regarding Ripple, XRP, and SWIFT in cross-border money transfer, where they strive to maintain their relevance so as to remain atop the business.

    Tucker was asked why the Ripple’s growing base of consumers sending live payments across borders is not really the result of the huge movement of its digital token XRP.

    Tucker then explained this with the fact that the digital token XRP is a specific kind of crypto, which at times dissuades some regular investors from going all-in to invest.

    The economist and analyst then pointed out that this does not deter XRP from changing the world because it is an extremely important technology that is already thriving off the failures of the SWIFT system.

    He said, “That does not mean it’s not going to change the world. I think it’s an extremely important technology because it’s thriving off the failures of this antique SWIFT system…”

    Conclusively, he said XRP is really valuable in filling the market niche of the new age of globalization, where the legacy and oldest financial systems are becoming incapable.




    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Latest News

    David Schwartz Answers Questions on How Fair and Reasonable It Is for XRP to Stay below $0.2

    The Chief Technical Officer (CTO) at Ripple, was recently tasked by a crypto community member to explain how fair...

    Charles Hoskinson: Those Who Took a Very Bearish Contrarian Position on Cardano (ADA) Are Wrong

    Charles Hoskinson, the CEO of IOHK has stated that the 7th largest cryptocurrency by market capitalization, Cardano (ADA), has been proving those with bearish...

    Brad Garlinghouse Identifies the Lapses Ripple and XRP Can Fill In Global Economy in Terms Remittances

    The CEO of Ripple, Brad Garlinghouse, has recently pointed out the lapses in the traditional finance that he believes are affecting the huge part...

    Leading Global Steel Company Adopts VeChain-Based My Care to Reduce Risk of COVID-19 Infection

    A leading global steel company, ArcelorMittal, has announced the adoption of a VeChain-based technology, My Care, to reduce the risk of the new coronavirus...

    Wietse Wind Answers Question about Linking Multiple XRP Public Addresses to a PayID

    Wietse Wind, a lead developer at XRP Ledger, has taken his time to answer a necessary question directed to him by a supposed XRP...

    More Articles Like This