Canadian crypto exchange CoinField which uses XRP (XRP) as its primary digital asset announced on November 1st that is rolled out across 61 countries and offers 20 trading pairs against Ripple’s XRP. CoinField, a Canadian startup based out of Vancouver, is the “Canada’s top cryptocurrency exchange platform with the largest portfolio of coins available in Canada.”
In September 2018, CoinField announced that it explores the idea of using XRP (XRP) as the base currency.
“We’ve been evaluating the possibility of adding XRP as the base currency for 30 direct crypto pairs along with USD, CAD, EUR, GBP, JPY & AED. Part of our expansion plan in 69 countries,” said the crypto exchange in September.
“The platform is now live in 61 countries! Enjoy trading 20 XRP based pairs as low as 0.05% commission fee,” CoinField announced on November 2nd.
XRP-Based CoinField, A Canadian Crypto Exchange, Launched To Offer Services Across 61 Countries
According to the official announcement, the Canadian crypto exchange CoinField provides 28 trading pairs involving six fiat currencies, namely, the US dollar (USD), Canadian dollar (CAD), Euro (EUR), Great Britain Pound Sterling (GBP), Japanese Yen (JPY), and UAE Dirham (AED).
According to the startup, CaoinField crypto exchange is “the first Canadian Cryptocurrency exchange to offer a complete API system for all traders to be used for trading strategies or innovative trading apps or bots.”
“In a very short amount of time, XRP has proven itself to be one of the most reliable and most cost-efficient blockchain networks in the industry. By adding XRP as our base currency in all trading pairs, our users can move funds in and out of different exchanges or different wallets in a matter of seconds. We are directly benefiting our users with a stable, proven base. We are also introducing an extremely low fee schedule that can turn our platform into the preferred trading hub for traders around the world,” said Babak Bob Ras, co-founder and CEO of CoinField.
Vadim has been a fan of decentralized systems, blockchain technology, and cryptocurrency since he first bumped into these concepts back in 2011. For us, he will cover Bitcoin (BTC), cryptocurrency, and blockchain technology news.