- Japanese crypto exchange TAOTAO will begin XRP trading on September 22.
- This comes days after TAOTAO merged with a major partner of Ripple Labs – SBI VC Trade.
- XRP Investors can now trade after the maintenance of the platform on September 22.
A major deal in the bag for XRP. Japanese crypto exchange TAOTAO has finalized plans to commence XRP trading in two days. TAOTAO sealed the deal shortly after a merger with SBI VC Trade – an exchange, belonging to a major Ripple partner, on September 1.
This is a big win for XRP months after they were deserted by all affiliated exchanges.
Prior to that, US-based exchange, Coinbase moved to suspend XRP on January 19 after the exchange alleged that the cryptocurrency was unregistered security in its lawsuit against Ripple. Before that, over 26 companies removed XRP services amid the Ripple lawsuit.
Even more, four XRP trading pairs (XRP/BTC, XRP/USD, XRP/GBP, and XRP/EUR) showed up on the mobile app of the Coinbase Pro exchange. In light of this, the price of XRP soared almost 12 percent in mere minutes.
Unfortunately, Coinbase Pro quickly moved to shut down the relisting rumors. Hence, Coinbase Pro stated that XRP only showed temporarily due to a technical error. However, some members of the XRP community began a campaign to push the company to relist XRP in sodality with Ripple. Still, Coinbase Pro didn’t budge.
I think this would be a good time for Coinbase to publicly recognize that the SEC is overstepping and make the leap and realist XRP. Yes, you may face a lawsuit, but it’s time the crypto industry stand together and support each other. I stand with Coinbase and Ripple https://t.co/K94PwGOWLz
— Jesse Hynes (@jesse_hynes) September 8, 2021
According to reports, TAOTAO will enlist XRP trading after the maintenance of the platform on September 22, 2021. In detail, TAOTAO offers trading pairs based on Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.