Bitfinex adds Ripple (XRP) to its trading platform

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evo

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Apr 2017
Due to popular demand, Bitfinex has added Ripple (XRP) to its cryptocurrency trading exchange. You can now trade XRP/USD and XRP/BTC pairs on Bitfinex.

Margin trading for XRP will become available in the near future as volume increases.

This is the statement released yesterday by Bitfinex:
New Currency Ripple (XRP) Available For Trading
May 19, 2017

Due to a combination of shareholder interest and popular demand from our customers, Bitfinex has enabled Ripple (XRP) on our trading platform. XRP/USD and XRP/BTC pairs are now available for exchange trading.

Margin trading for XRP pairs will be enabled in the coming days after the order book develops suitable liquidity.

What is XRP?

XRP is an independent digital asset, native to the Ripple Consensus Ledger. With proven governance and the fastest transaction confirmation of its kind, XRP is the most efficient settlement option for financial institutions and liquidity providers seeking global reach, accessibility and fast settlement finality for interbank flows.

While XRP is not required to transact on Ripple, it is uniquely positioned to create more competitive foreign exchange (FX) markets for cross-border payments.
 
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