Btcmarkets added on ripplecharts

[Kloppos]

https://xrpcharts.ripple.com/#/xrp-markets

Ripple seems on fire currently by adding new exchanges on xrpcharts. 

Newest addition is Btcmarkets with new pair XRP/AUD after in last 2 weeks already Bitcoin-Indonesia, Binance and Zb were added.

[Kloppos]

https://xrpcharts.ripple.com/#/xrp-markets

Wow and directly the next one, this time a russian exchange called EXMO with a totally new pair XRP/RUB. 

Really cool to see the addition of diversivity. It seems they really doing good with enabling more and more exchange for the different corridors. Loving it

[Guest]

BTCmarkets been trading for ages....  At least 6 months maybe much more.

[Kloppos]

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 December 12, 2017 by Kloppos

[Guest]

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.

[Mercury]

I also believe ripplecharts means there is some form of business relationship between the exchange and Ripple, might be wrong about that though

[Kloppos]

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.

[Kloppos]

https://xrpcharts.ripple.com/#/xrp-markets

And again another exchange added here with Cex.io with XRP/USD, XRP/USD and XRP/BTC. 

Keep them coming ripple