A fully licensed Singapore-based digital asset exchange, Zipmex has taken a giant stride forward with the announcement of the addition of Litecoin (LTC), Ripple (XRP) and EOS (EOS) to their trading platform. Like many other asset exchanges, Zipmex is doing all it can to make its presence felt in the crypto community, and there’s no better way than increasing numbers on the platform.
Growing the Trading Board
The addition of LCT, EOS, and XRP means that Zipmex has expanded its trading board which initially consisted of mainstay tokens Bitcoin (BTC) and (ETH). The platform will be supporting fiat pairings of Ripple, Litecoin, and EOS, too. The fiat pairings to be supported will be LTC/USD, EOS/USD, and XRP/USD.
Subsequently, the addition implies that the coins will be paired with both ETH and BTC. However, the growing asset exchange is yet to announce a detailed listing as well as deposit schedule.
Zipmex’s primary focus is to provide retail as well as institutional investors with the ability to securely invest in cryptocurrencies. Alongside the advanced trading features and the charting tools, it also provides the clients the access to the OTC market.
Therefore, it’s almost a no-brainer that the expansion of their trading will help to create a more vibrant ecosystem whereby they provide their users with a channel to sell or buy EOS, LTC, and XRP seamlessly.
In addition to the fact that Zipmex have strong local investors as well as advisors like AEC Securities, and InterVentures Asia (SEA) and solid partnerships with most established companies like EOSIOSG and Deloitte, they stand a better chance now of pushing to becoming among the best asset exchanges.
For now, the XRP, Litecoin, and EOS addition is good news for Zipmex and the respective tokens’ communities, but we can’t tell what the future holds for them – only time will tell.
Image courtesy of Pixabay.
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