Ripple Labs Inc. partnered with crypto-currency exchange BTCXIndia to start a buying and selling facility for XRP (ripple), the crypto-token used by Ripple.
BTCX India is launching an integrated exchange that will allow users to trade in bitcoin, ethereum and XRP all through one user account.”
The platform is already live and Ripple confirmed the step hat customers in India now have a way of accessing XRP. With its listing on BTCxchange, the digital asset is now available to this very large and fast-growing market.”
Ripple is laying a network of liquidity providers in the form of XRP exchanges across the globe, with an idea to allow retail users to trade in and hold XRP. This, according to Ripple’s Vias, ascribes a stable market value to XRP in the local currency, making it easier for banks to transact in these countries using the Ripple protocol.
With this initiative XRP users are going to increase in India.
Nice Boost for XRP and BTCX India!!
Have a nice day and stay blessed!!!