top partner

for CFD

XRP is getting boosted by the longest-standing cryptocurrency exchange in the industry.

Bitstamp recently unveiled a promotion that’s designed to increase the earnings for those who lend certain cryptocurrencies, and XRP is amongst them.

Lending cryptocurrencies has been a lucrative way of increasing one’s stack for a while now, and Bitstamp hasn’t stayed away from the increasingly popular trend. However, it’s also true that the majority of exchanges offer relatively low returns because of the massive demand for lending products.

Bitstamp is now featuring an offer that’s only going to last for 30 days and will increase the APY of select cryptocurrencies by up to 6%. These include:

Ethereum (ETH)
Ripple (XRP)
Litecoin (LTC)
Bitcoin Cash (BCH)

Now, it’s interesting to note that up until a few weeks ago, XRP wasn’t even allowed for trading on Bitstamp. The reason was the ongoing case between Ripple and the United States Securities and Exchange Commission. This all changed when the court ruled that secondary sales of XRP do not constitute investment contracts, and Bitstamp, alongside a range of other leading exchanges, relisted the asset for trading.

What a change of heart it has been. The case is still ongoing, and the SEC recently appealed this ruling.

The post Oldest Crypto Exchange Boosting XRP: Details appeared first on CryptoPotato.

Read the full story: Read More“>

Blog powered by G6

Disclaimer! A guest author has made this post. G6 has not checked the post. its content and attachments and under no circumstances will G6 be held responsible or liable in any way for any claims, damages, losses, expenses, costs or liabilities whatsoever (including, without limitation, any direct or indirect damages for loss of profits, business interruption or loss of information) resulting or arising directly or indirectly from your use of or inability to use this website or any websites linked to it, or from your reliance on the information and material on this website, even if the G6 has been advised of the possibility of such damages in advance.

For any inquiries, please contact [email protected]