Popular European cryptocurrency exchange Bitstamp has added a new trading market to their platform. Come January 17; Bitstamp users can trade Ripple against the Euro and US Dollar. This is a significant addition to the exchange platform. Moreover, these new trading pairs will be available to platform users all over the world at the same time.
XRP Is Coming To The Bitstamp Platform
It is an interesting decision to see Bitstamp enable XRP trading in both the USD and EUR market right now. More importantly, this also means payment processors can use this additional XRP liquidity to facilitate cross-border payments in and out of the European region. Support for these trading pairs will be enabled on January 17, and roll out to all regions Bitstamp is currently active in.
This news also signals Bitstamp as the first partner exchange for the new XRP incentive program. The European cryptocurrency exchange is fully licensed to work across all 28 European Union member states, which makes them an invaluable partner in the Ripple network as a whole. The Ripple incentive program is designed to increase liquidity and tighten