RATE Group | This One Event Could Send XRP’s Price Flying, Analysts Predict
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This One Event Could Send XRP’s Price Flying, Analysts Predict

04 Feb This One Event Could Send XRP’s Price Flying, Analysts Predict

Posted at 06:04h in Cryptocurrency News by

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On January 23rd, leading Bitcoin derivatives exchange BitMEX revealed that it it would be launching a new “Ripple USD (XRPUSD) quanto swap,” which is effectively similar to the exchange’s famous Bitcoin swap, which allows people to trade the cryptocurrency at all hours of the day at high leverage.

According to a recent Twitter update from the cryptocurrency exchange, the trading pair and contract is on track to launch. BitMEX, in a tweet published just an hour or two ago as of the time of writing this article, wrote:

We at BitMEX are proud to announce that trading of a new perpetual swap on the XRP token will begin at 0400 UTC on 5 February 2020.

With BitMEX being one of the most influential trading platforms in the crypto spaces — its Bitcoin swap has…

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