Altcoins News

Bittrex joins the list of Crypto Exchanges that are removing Ripple’s XRP trading

Published

3 years ago

December 30, 2020

Bittrex joins the list of Crypto Exchanges that are removing Ripple's XRP trading

After Coinbase announcement of removing XRP trading yesterday, Bittrex today announces the removal of XRP trading. Bittrex will remove XRP markets from its platform from Friday, January 15th, 2021 at 4 PM (PST).

As per the official announcement the market pairs that will be removed are BTC-XRP, ETH-XRP, USDT-XRP and USD-XRP.

#Bittrex Customers:

The $XRP markets will be removed on Friday, January 15th at 4:00PM PST.

Details: https://t.co/1mefjC1ziw
— Bittrex (@BittrexExchange) December 29, 2020

Coinbase, OKCoin, Bitstamp, CrossTower, Beaxy, OSL all cited SEC lawsuit against the Ripple Lab Inc. as the reason for the delisting. However, Bittrex doesn’t clarify the reason for the XRP market removal.

According to the Bittrex market and token removal policy, “Evolving regulatory standards and other compliance issues,” is one of the factors responsible for token delisting.

Now almost all the U.S. crypto exchanges have announced the removal of XRP trading pairs except Binance.US and Kraken.

Disclaimer: Koinalert’s content is only for information purpose in nature and should not be considered as investment advice. Do your own market research before investing in any cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.

Up Next

Binance Announces $10 Million Resolution Plan for COVER Losses

Don't Miss

Coinbase Announces Ripple’s XRP Trading Suspension, Price Down by 23.27%

Koinalert

We at Koinalert provide all the latest news and feed on cryptocurrencies for both beginners and advance users. Koinalert has been started to fill the gap between general public and crypto enthusiast.