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XRP pairings live on CoinField Exchange; cryptocurrency exchange active in 61 countries

Akash Anand

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XRP pairings live on CoinField Exchange; cryptocurrency exchange active in 61 countries
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On November 2, CoinField Exchange, a popular Canadian cryptocurrency exchange, revealed that the company’s services have gone live in over 61 countries. The exchange, which had teased users and fans about adding XRP to its fold, has finally made the move by fixing a commission fee of 0.05% on any XRP trading pair.

The company has also revealed that the exchange will offer services for 20 XRP trading pairs, which has excited the XRP community. The expansion plan given by CoinField Exchange includes pairing XRP with USD, CAD, EUR, GBP, JPY, and AED.

Lapinette, a Twitter user, commented:

“Really good Job ! I’m not Canadian but I’m an XRP holder so I’m so proud of you ! I really hope than other as @binance @BittrexExchange @Bitstamp @eToro … will follow your exemple !”

Sam, another Twitter user, stated:



“Dang, you need to come to the United States.”

XRP was also given a boost recently when it was added to CMC Markets, a financial derivative dealer based out of the United Kingdom. The company has 12 financial hubs across the world and is even listed on the London Stock Exchange [LSE]. Following XRP’s addition, David Fineberg, the Group Commercial Director of CMC, stated:

“Since the successful launch of our cryptocurrency offering in March, and subsequent extension to retail clients in July, our clients have expressed interest in extending their trading options beyond Bitcoin and Ethereum. We are pleased to offer them the chance to take a position on Bitcoin Cash, Litecoin and Ripple [XRP], three altcoins which continue to generate much speculation among traders.”

Some other major cryptocurrency players have also come out in support of the third-largest cryptocurrency, commenting on its use cases and advantages. Nigel Green, the Chief Executive Officer of the deVere Group, has also backed the cryptocurrency, saying it will breach the $1 barrier soon.





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HitBTC responds to allegations of insolvency, refutes claims made by Redditors

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HitBTC responds to allegations of insolvency
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HitBTC, a Hong Kong-based exchange has been the center of accusations among users on Reddit, Twitter, and other forums. HitBTC users started complaining about issues regarding withdrawal and extensive procedures after one particular user @ProofofReserach put out a thread alleging insolvency of HitBTC.

To put an end to all the accusations, HitBTC has broken its silence with a blog post explaining their side of the story. According to HitBTC, their systems performed well during the winter of 2017-18, however, HitBTC mentioned that due to overwhelming demand for the services, they experienced bottlenecks at an operational level.

Referring to the BitcoinExchangeGuide article, HitBTC responded:



“A widely quoted article, in its entirety, is based on only 2 AML cases. One of them was initiated as part of the investigation into the December, 2018 BTCP security breach, at the request of the coin’s core team. Unfortunately, there is no clear indication of the nature of the second case that can be discerned from the article. The author of the article failed to track the deposit/withdrawal dynamics that did not uncover any irregularities. A simple block explorer or our public System Monitor would suffice for these purposes”

Additionally, referring to the altcoins being added and removed from the platform, the exchange said that they were honored to work with a diverse range of projects, however, since the crypto sphere was still nascent, there were lapses in their judgment in assessing the integration partners. With the above-mentioned prominent cases, HitBTC also addressed other topics.

@ProofofResearch replied to HitBTC’s blog:

“Is there a reason why you’re unable to tell people us where your Bitcoin storage is at? If what I published is as untrue as you claim it is, then providing a wallet address where your Bitcoin funds are stored will go a long way in *proving that*.”





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