More adoption of XRP in; KuCoin lists cryptocurrency with an exclusive approach

On December 3, one of the most popular cryptocurrency exchanges, KuCoin, announced that it listed XRP on its platform, which is now the second largest cryptocurrency in the world at the time after leaving Ethereum behind at the beginning of November. In its official statement, the platform wrote:

"KuCoin is extremely proud to announce yet another big project to our trading platform, XRP (XRP) is now available on KuCoin.The supported trading pairs include XRP / BTC, XRP / USDT, XRP / ETH, XRP / PAX, XRP / TUSD, XRP / USDC, XRP / KCS and XRP / NEO. "

The exchange also listed some of the most significant pairs, such as XRP with Bitcoin [BTC], Ethereum [ETH] and Tether [USDT]. KuCoin has also stated that it has opened a special offer for its user base inclined to XRP. Here, he stated on Twitter:

"XRP (XRP) is now on KuCoin.
Special offer:
Users will enjoy 99% discount on trading commissions on XRP trading pairs […] from December 3rd to 6pm to December 10th 2018, 23:59 (UTC + 8). "

Meanwhile, on the market front, the race to the bottom is not over yet for the cryptocurrency, while all the currencies across the board continue to fall. In the last quarter, XRP has moved far below its assumed potential. In recent months, the currency has seen a lot of volatility with highs and lows, maintaining a long-term sideways movement around $ 0.45. However, at the moment, its price has crashed below $ 0.4.

At the time of writing, XRP was trading at a depreciated price of $ 0.36 with a market capitalization of $ 14.5 billion. The 24-hour trading volume was recorded at $ 334.5 million.

Despite the low performance, XRP maintained the second position in the cryptocurrency ranking after having overtaken Ethereum [ETH]Market capitalization last month. Currently, the difference between the two market limits is about $ 2.8 billion, according to the cryptographic data collection portal, CoinMarketCap.

Pipo, a follower of XRP and a blockchain enthusiast wrote:

"Great job KuCoin !!! You're amazing !!!"

Another Twitter user and a follower of the cryptocurrency space commented:

"And you give me the gas for my mole … now I have very little reason to go back to @BittrexExchange."

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Priyamvada is a full-time journalist at AMBCrypto. A graduate in journalism and communication at Manipal University, she believes that blockchain technology is a revolutionary tool for advancing the future. Currently it has no value in cryptocurrencies.