Canadian crypto currency exchange CoinField working with XRP as the underlying asset, announced the start of customer service in normal mode. Markets CoinField available in 61 countries; the offer of the exchange includes 20 trade pairs with XRP.
According to representatives of CoinField, the platform has “the most diverse portfolio of cryptocurrency in Canada.” For the first time about intention to use XRP as the underlying asset CoinField announced in September his Twitter account. The final decision was announced on 1 November with the opening of trading:
“Since then, the platform is available in 61 countries! Trade 20 pairs XRP with the Commission of 0.05%”.
At the moment the portfolio of the exchange includes 29 trading pairs. In a number of Fiat currencies available on CoinField, includes the US dollar, canadian dollar, Euro, pound sterling, Japanese yen and UAE dirham. In a press release, the platform stated that its engine is capable of handling 75,000 transactions per second.
In addition CoinField also announced the release of the API system for traders designed for the “development of trading strategies or innovative applications or bots for trading.”
Co-founder and CEO Babak CoinField Bob Races (Babak Ras Bob) commented on the launch:
“Within a very short period of time XRP has shown itself as one of the most reliable and cost-effective blockchain networks in the industry. Selecting XRP as our underlying asset to trade 20 pairs, we gave our users the ability to Deposit and withdraw funds from the different exchanges or different wallets in seconds. We provided value to our users, providing reliable, proven database. We also established low fee that can make our platform the most popular among traders around the world.”
Work CoinField can help Ripple to strengthen its position in the canadian market. Recently it became known that the country’s Central Bank abandoned the use of RippleNet for blockchain projects, giving preference to the network of the consortium R3 Corda.