XRP is Back on Track on Phemex

After all the disputes regarding Ripple fairness, it was about time for crypto exchanges to get XRP back on their trading lists. 

While it was a good move to suspend Ripple until a conclusion was reached, it definitely upset XRP owners, especially big companies. 

But the SEC accusations were never truly founded, and lawyers like John Deaton are determined to defend Ripple in court. Even the SEC’s former chair, Mary Jo White, is against the allegations. 

Therefore, Phemex reconsidered its position and decided to lift the restriction of XRP, which is now available for both spot and contract trading. 

  • Contract: XRP/USD
  • Spot: XRP/USDT

There are new cryptocurrencies listed

Exactly. Besides getting back Ripple, Phemex also introduced new coins and tokens on its trading list. 

And as you might know, if Phemex brings new cryptos, it means they passed all the requirements - total scrutiny, great potential, and huge demand. Not every crypto is worth being added to the list. So you can bet the following coins have something special:

  • Basic Attention Token (BAT) - for publishers, creators and advertisers;
  • Chiliz (CHZ) - for sports enthusiasts;
  • Decentraland (MANA) - for gamers;
  • Enjin Coin (ENJ) - for NFT fans;
  • Sushi Swap (SUSHI) - for those who think outside the box;
  • Synthetix (SNX) - for those who want infinite liquidity;
  • The Graph (GRT) - for APIs creators;
  • Maker (MKR) - for those who strike for the big league.

All of them can be spot traded with USDT or used for contract trading with USD. Either option you choose, we gathered here the links to every pair so that you can go directly to what you’re interested in. 

  • Contract trading: 

BAT/USD, CHZ/USD, MANA/USD, ENJ/USD, SUSHI/USD, SNX/USD, GRT/USD, MKR/USD.

  • Spot trading: 

BAT/USDT, CHZ/USDT, MANA/USDT, ENJ/USDT, SUSHI/USDT, SNX/USDT, GRT/USDT, MKR/USDT.

Why is Phemex such a big deal?

First of all, Phemex was built under the management of professional Wall Street traders and investors, like Jack Tao.

Secondly, their futures are dedicated entirely to crypto traders’ needs. That’s why Phemex has cold wallets, offline signatures, and up to 100x leverage. 

And last but not least, Phemex’s team knows how to make crypto trading enjoyable. Crypto trading competitions, NFT arts, the limit is just their imagination.

Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice. 

Publication date: 
05/12/2021 - 19:00
Author: 
Disclaimer

The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.