Crypto Trading Platform Huobi OTC Adds Support For Ripple’s XRP

Announcements, News | March 7, 2019 By:

Huobi Global, Huobi Group’s flagship global crypto exchange, has announced that its peer-to-peer (P2P) crypto trading platform, Huobi OTC, has added support for Ripple’s XRP.

Huobi OTC offers an exchange bridge between fiats and digital assets while Huobi Global is a digital assets trading exchange that supports exchanges or investment services between various cryptocurrencies. Huobi OTC is a platform devoted to over-the-counter trades of digital assets. It allows users to buy and sell digital assets by posting a buy/sell advertisement on the platform and then complete transactions with the other party so as to exchange digital assets with fiats.

XRP, the third most valuable cryptocurrency by market cap, is the seventh digital asset to be listed on the Huobi OTC platform, joining bitcoin (BTC), ethereum (ETH), Tether (USDT), EOS (EOS), Huobi Token (HT), and HUSD (HUSD).

“In addition to serving as Huobi Global’s main onramp, Huobi OTC is also our main platform for users who prefer peer-to-peer trading. It’s very important to our overall trading ecosystem,” said Huobi Global CEO Livio Weng. “The addition of Ripple is a big step forward in expanding our already extensive offering here.”