Cryptocurrency exchange Bitstamp announced on July 13 that it has resumed XRP trading for its US customers. Bitstamp was one of the earliest exchanges to list XRP and is a leading liquidity provider for the asset globally. XRP is one of the most favored digital assets among Bitstamp's customers, after BTC and ETH.
Bitstamp halted XRP trading for US customers in December 2020 following the SEC's filing against Ripple Labs Inc., alleging that XRP was a security. However, on July 13, the US District Court for the Southern District of New York ruled that XRP is not a security, prompting Bitstamp to resume XRP trading.
The following XRP trading pairs are available for Bitstamp's US customers:XRP/USD、XRP/BTC、XRP/USDT.It should be noted that XRP is not available in the states of Hawaii and Nevada. For more information on the XRP process in the US, customers can check Bitstamp's FAQ page.
XRP is the native cryptocurrency of the XRP Ledger, a blockchain that allows users to send and receive XRP instantly and for a nominal fee. Customers can read about XRP and the XRP Ledger in Bitstamp's "What is XRP?" Learn Center guide.
Bitstamp USA, Inc. is licensed to engage in Virtual Currency Business Activity by the New York State Department of Financial Services. Bitstamp offers a mobile application, allowing customers to trade all cryptocurrencies on the go.
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