US-Registered Atlantis Exchange Launches XRP Trading

XRP has recently scored a significant spot on Atlantis Exchange, a crypto trading platform fully registered with the U.S. Department of the Treasury.

In a recent announcement posted on X, Atlantis Exchange revealed that it has added XRP to its lineup of supported cryptocurrencies. Specifically, XRP trading kicked off on the platform at 5:00 AM UTC on March 17, paired with the USDB.

According to the announcement, XRP deposits on Atlantis Exchange are currently facilitated through BNB Chain (BEP20), indicating that the platform hasn’t integrated the XRP Ledger (XRPL) just yet. Noteworthy is that the platform started accepting XRP deposits since Wednesday, March 13.

While XRP trading began on March 17, users of Atlantis Exchange will be able to initiate withdrawal requests three days later, starting from March 20. The exchange also made it clear that the trading fee for XRP on its platform would stand at 0.2%.

Apart from adding XRP to its list, Atlantis Exchange made a bold prediction regarding the future value of XRP. Specifically, the platform suggested that users might see a 100-fold increase in value with XRP, advising them not to miss out on the opportunity.

In addition, Atlantis Exchange emphasized XRP’s role in facilitating cross-border payments as a crypto asset. Furthermore, it highlighted XRP’s significance as the native currency within XRPL, a decentralized, open-source blockchain technology known for its remarkable transaction settlement speed of 3-5 seconds.

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Disclaimer: 

This blog is for educational purposes only. The information we offer is not investment advice. Please always do your own research before investing. Any opinions expressed in this article are not a recommendation that any particular cryptocurrency (or cryptocurrency token/asset/index), cryptocurrency portfolio, transaction, or investment strategy is appropriate for any particular individual.

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