PayBito, a US-based leading cryptocurrency exchange, has announced the listing of Ripple’s digital token XRP, as a means to expand its trading options for its users across the world.
The cryptocurrency trading platform already has a number of digital currencies in its portfolio and has been in the mode of expansion since the beginning of 2020.
So, the recent addition of the fourth largest digital currency by market capitalization, XRP, indicates a fulfilling year for the exchange. On the other hand, this listing is expected to enhance the digital token in terms of liquidity, as it is made available for a wider range of users globally.
The Managing Director of PayBito Exchange, Raj Chowdhury, stressed the readiness of the crypto exchange to list digital assets, provided they meet the regulatory directives.
“PayBito is always open to listing cryptocurrencies that have displayed trading credibility and potential for immense growth, provided they meet the regulatory directives. The addition of new coins helps us to serve our users better by allowing them easy access to varied trading options. It also encourages people to diversify their crypto portfolio which ultimately benefits the mainstream adoption and growth of cryptocurrencies and crypto trading.”
What PayBito Exchange Offers
PayBito cryptocurrency exchange is made and managed by a team endowed with in-depth knowledge and experience in banking security systems, cryptocurrency trading, and blockchain technology.
The trading platform is available in web version, coupled with iOS and Android stores. PayBito renders services such as white label cryptocurrency exchange, white-label payment gateway, exchange affiliate, and coin listing.
XRP in the Market
Over the past few days, virtually all the top cryptocurrencies in the market, led by Bitcoin (BTC), have been changing hands within a range of prices.
Ripple’s digital token has also maintained its price status, with no huge loss or gain. At the time of filing this report, XRP is trading at $0.187666, with a 1.46% price downtrend in the last 24 hours.