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XRP, Cardano [ADA], Stellar [XLM] among the 5 cryptocurrencies listed on OKCoin

Anvita M V



XRP, Cardano [ADA], Stellar [XLM] among the 5 cryptocurrencies listed on OKCoin
Source: Unsplash

On 19th September, OKCoin announced that it has listed five new cryptocurrencies on its exchange. It now supports XRP, Cardano [ADA], Stellar [XLM], Zcash [ZEC] and 0x [ZRX]. The Virtual Currencies [VCs] will be paired with USD, Bitcoin [BTC], and Ethereum [ETH].

The exchange further stated that the USA traders and investors will be able to buy and sell the above pairs “securely through OKCoin’s licensed exchange”. However, the Fiat-Token pairing will only be available to the Californian residents.

Tim Bynn, the CEO of OKCoin, USA, spoke about the onboarding of the new virtual currencies. He said:

“We are very pleased to welcome these five new cryptocurrencies and all of the communities that trade them. As we build out the broadest set of financial products on a globally regulated exchange, we are committed to expanding the trading pairs for our customers, while bringing tokens to the exchange that offer utility, value and demonstrable use cases. Today’s announcement signifies a giant step forward for the entire ecosystem.”

Over the past week, the altcoins XRP and ADA have beaten the slow market witnessing a double-digit digit surge.

At press time XRP is trading at a value of $0.32 with a market cap of $12 billion. ADA is trading at $0.072 with a market cap of $1.8 billion.

Earlier, this month OKCoin announced its expansion into 20 more U.S. states. They also revealed that the company has been working closely with the regulators and following researched regulations in every state it has expanded to, to ensure that they comply with Federal and State Convertible VC rules.

In addition, the company is currently in the process of applying for a new license named Money Transmittal Licenses [MTL] in the remaining states of U.S. The licensing will allow crypto-to-crypto and fiat-crypto trading.

Furthermore, they stated that the trading service in the additional states will be opened once the license is issued or when the company receives a clarity that trading is permissible.

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Anvita Mysore Vadiraj is a full-time content writer at AMBCrypto. Her passion lies in writing and delivering apt information to users. Currently, she does not hold any form of cryptocurrencies.


John McAfee says he will reveal Nakamoto’s identity, Coinbase expands to 11 countries, and more





John McAfee says he will reveal Nakamoto's identity, Coinbase expands to 11 countries, and more
Source: Unsplash

Daily Crypto News – April 18

1. John McAfee on Satoshi Nakamoto: The Founder of McAfee Associates stated that he would narrow down on the identity of Satoshi Nakamoto until he reveals Satoshi himself, otherwise he would reveal his identity to the crypto community. He also spoke about how he knows about Satoshi, to read about it, click here!

2. Coinbase expands its services to more countries: The leading exchange platform announced that it expanding its services to 11 more countries, which includes India, South Korea, and New Zealand. People in these countries can avail services provided on, Coinbase Pro and its app on iOS and Android.

To know more about the countries Coinbase has expanded to, click here!

3. Craig Wright says the crypto-community want to silence him: Craig Wright, the self-proclaimed Satoshi Nakamoto, stated that the majority of the community was against him as they “desire to silence” him because they see someone who would bring an end to scams and pumps and dumps.

He also spoke about the next steps he would be taking in terms of the legal action concerning his defamation case. To read about it, click here!

4. Binance “marks the birth of a new genesis block”: The largest cryptocurrency exchange in terms of trade volume announced the launch of its Decentralized Exchange, and also stated that the mainnet swap would take place on 23 April 2019.

To read more about Binance DEX, click here!

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