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Btcmarkets added on ripplecharts


Kloppos

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yeah but was never on xrpcharts ;)

What a lot of people not yet understand is that ripple choses these exchanges wisely as they use them as gateways to the different currency pairs.

So it seems they chose btcmarkets for AUD and exmo for RUB now. So its always good to check what xrpcharts is adding as then we know where later the exchange volume from xrapid will go through partly ;)

Edited by Kloppos
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22 minutes ago, Kloppos said:

yeah but was never on xrpcharts ;)

What a lot of people not yet understand is that ripple choses these exchanges wisely as they use them as gateways to the different currency pairs.

So it seems they chose btcmarkets for AUD and exmo for RUB now. So its always good to check what xrpcharts is adding as then we know where later the exchange volume from xrapid will go through partly ;)

Ah thanks....   I didn't know that...  Much obliged.

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To my knowledge at least it means these exchanges are connected to the XRP Ledger, so trades via the ledger can be made by ripple through all of these exchanges.

That means recently with addition of AUD, RUB, and IDR they have a path for 3 more currencies now via exchanges and addition of Binance gave overall liquidity as they have quite good volume via BTC.

So personally I see the strategy from Ripple very clear here in last months that selected changes were chosen which widen the currency pairs options, the only one I am still surprised not yet there is a GBP one though.

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