Australia’s first regulated cryptocurrency exchange Independent Reserve confirmed trading Ripple (XRP) on its platform begins today, July 7. We all knows that XRP is world’s third-largest cryptocurrency by market cap after Bitcoin and Ethereum. Huobi has been start trading ten coin with Australian dollor on its new Australian platform begins today, July 5 but they not started Ripple trading on its platform. Independent Reserve exchange currently offers fiat trading pairs between USD, AUD, NZD and Bitcoin, Ethereum, Bitcoin Cash and Litecoin.
Independent Reserve chief executive Adrian Przelozny Said:
There is a wide universe of digital currencies out there now, but to be listed on Independent Reserve they need to meet a range of criteria including quality, stability and volume metrics. Our clientele have been requesting XRP and we felt this timing was right to offer it to them.
Independent Reserve become first regulated Australian cryptocurrency exchange In April 2018 after legislation passed late last year authorized the Australian Transaction Reports and Analysis Centre (AUSTRAC) to monitor domestic cryptocurrency exchanges.
Australia places stringent requirements on cryptocurrency operators. Australia Cryptocurrency traders are increasingly knowledgeable and sophisticated and they knows the quality, stability and reliability of a cryptocurrency very well.