Bitstamp Ripple (XRP) Trading
Bitstamp will add Ripple (XRP) trading to their platform. The trading will be available from 17th of January, with 0 % fees the first month. The exchange has announced the XRP/EUR and XRP/USD currency pairs will be available. It will be possible to use XRP for international payments to and from Europe.
Bitstamp was founded in 2011 and is the largest volume Bitcoin exchange in EU. The exchange has always been a leading company for security in the cryptocurrency market. They were the first exchange to implement cold storage and multisig wallets. Bitstamp was the first cryptocurrency exchange to become nationally licensed in all 28 EU member states. Bitstamp´s goal is to provide trading for cryptocurrencies and digital assets in a fully compliant and regulated environment.
Ripple was created to solve global financial settlement. Ripples goal is to enable to exchange value like we already exchange information. Ripple solutions lower the total cost of a settlement. This is done by enabling banks to transact directly and with real-time certainty, optionally using the digital asset XRP to further reduce liquidity costs. Several banks around the world have partnered with Ripple to improve cross-border payment offerings.
Ripple currency has the third largest market value of all cryptocurrencies. Only Bitcoin and Ether are worth more. However, Ripple has suffered from bad liquidity and small exchange volumes. Ripple is now focusing on increasing the liquidity and this is a big step.
Cryptocoinzone has reviews from several exchanges offering exchange service for XRP/BTC.