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OKEx Expands C2C Trading with Ripple and Bitcoin Cash: What You Need to Know

OKEx Adds Ripple (XRP) and Bitcoin Cash (BCH) to C2C Platform

In a recent announcement that sent ripples (pun intended) across the crypto market, Malta-based cryptocurrency exchange OKEx has included Ripple (XRP) and Bitcoin Cash (BCH) on its customer-to-customer (C2C) trading platform. This update, shared on February 22, allows users to engage in buying and selling both cryptocurrencies using five fiat currencies: the British pound (GBP), Chinese renminbi (CNY), Vietnamese dong (VND), Russian ruble (RUB), and Thai baht (THB).

Expanded Payment Options for Traders

The addition of the Thai baht in mid-February marks a significant step towards broader engagement in the Asia-Pacific trading space. Users can now place orders at their desired exchange rates and select payment methods. Best of all? There are zero transaction fees! It’s as if OKEx has thrown a party, and everyone’s invited to trade without a cover charge.

Who’s Out? The Delisting Drama

It’s not all fun and games, however. As these new listings are celebrated, OKEx is also waving goodbye to three cryptocurrencies. On February 25, they will delist NEO (ranked 17th), QTUM, and Exchange Union (XUC). The crypto world can be quite like high school—one moment you’re popular, and the next, you’re in the locker room wondering what happened.

What’s Already on the Menu?

With the new additions, OKEx continues to bolster its C2C offerings, which already included heavyweight cryptos:

  • Bitcoin (BTC)
  • Tether (USDT)
  • Ethereum (ETH)
  • Litecoin (LTC)

It seems the competition for top altcoin is heating up, and newcomers are urged to make their case.

The Market’s Outlook for XRP and BCH

XRP, despite its recent demotion from the top cryptocurrency position in January, holds the third highest market cap, making it a crypto darling for many. Meanwhile, Bitcoin Cash, created from a Bitcoin hard fork in August 2017, has solidified its status as the sixth-top crypto. Coinbase Wallet has also recently listed BCH, further validating its importance in the crypto sphere. The future looks promising, but remember, in the crypto world, tomorrow’s star can be today’s underdog.

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