This important development would increase visibility of XRP
has gained a new crypto exchange listing as more platforms continue to embrace the crypto asset following the landmark Ripple verdict.
BIT, a professional cryptocurrency exchange that deals in options trading, has announced the addition of XRP options to its platform. Cryptocurrency options exchange BIT announced the launch of XRP options trading. The initial liquidity will be provided by OrBit Markets, becoming the sixth token on the BIT platform that can be traded for options after BTC, ETH, ADA, TON and LADYS. Recently, American exchanges…The exchange, which launched in 2020, includes a variety of services such as perpetual contracts, futures contracts and options products on BTC, ETH, ADA, TON and LADYS.
Moreover, it has grasped the chance and announced the opening of XRP options trading on the BIT platform as a testament to the growing demand for XRP. This important development would increase XRP visibility as users would be able to trade XRP options without needing to hold the underlying asset. At the start, the initial liquidity will be provided by OrBit Markets, an institutional liquidity provider of options and structured derivatives in digital assets.After the SEC's lawsuit against Ripple was unsuccessful, and Judge Torres ruled that XRP was a nonsecurity, the crypto asset quickly rose to become one of the summer's great stories. However, after rising above $0.83, the price plummeted back below $0.59.
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