Today, cryptocurrency exchange KuCoin announced the listing of XRP. Over the next weeks (until December 10, 18:59 Moscow time) KuCoin users will be able to sell the asset at a reduced Commission.
In its corporate blog KuCoin wrote:
“We are extremely pleased to announce that our trading platform added another great asset. XRP (XRP) is now available on KuCoin. [Current] trading pairs include XRP/BTC, XRP/USDT, XRP/ETH, XRP/PAX, XRP/TUSD, XRP/USDC, XRP/XRP and KCS/NEO”.
In honor of the listing, the exchange has temporarily reduced fees for data pairs up to 99%. Shortly after the news the price of XRP against BTC grew by ~2%. The token continues to be traded at $0.35 at the exchange rate at the time of publication. It is noteworthy that, despite the rating of capitalization of the asset (XRP holding the second position since the beginning of November, ahead of ETH), KuCoin XRP is not included in the list of quoted currencies.
In the comments to the announcement of the listing, is duplicated in Twitter account exchanges, captainvalor supported itself adding XRP and special offer KuCoin. User under the name TDKilohz wrote that now was “less reason to return to @BittrexExchange”.
The increase in trading volume, which hypothetically should provide a listing XRP can be a catalyst for the project KuCoin business expansion. In mid-November, the exchange completed an investment round of series A funding of $20 million. The new investment received by the site including from IDG Capital, Neo Global Capital and Matrix Partners, will focus on design KuCoin Platform 2.0 and development of the network of branches of the company.
