CoinField Exchange with XRP as Base Currency is Now Live in 61 Countries

fter exploring XRP as a base currency, Canadian CoinField exchange has finally launched its platform with 20 XRP-based crypto pairs in 61 countries worldwide. It also shared details about its referral program that rewards 10 XRP.

XRP as Base Currency Gaining Traction

In late September, CoinField Exchange has been exploring XRP as its base currency. And now finally about one month later, the exchange has officially launched its platform with 20 XRP-based crypto pairs.

For the past some time XRP as a base currency has been garnering a lot of attention with XRP enthusiasts and community signing even a petition for the same. Quick transaction speed, no third-party reliability, and very small transaction fee cited as the “highly-desirable qualities” by CoinField, XRP has been seen as the “ideal choice.”

A total of 28 trading pairs have been included across six fiat currencies viz. US dollar (USD), Canadian dollar (CAD), Japanese Yen (JPY), Euro (EUR), Great Britain Pound Sterling (GBP), and UAE dirham (AED). The plan is to further add more coins before the end of 2018.

This new platform caters outside Canada’s borders as well as it expands to 61 countries worldwide. However, “users in these countries need only to complete a quick KYC/AML process to start trading.” It has also been upgraded with a matching engine that allows about 75,000 trades per second.

Not long ago, we reported of another exchange, XRP United that also launched its platform with XRP as a base currency. With the way things are panning out for XRP, it could be expected in the near or far future other exchanges are expected to consider the potential of XRP as a base currency.