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XRP Redeemed: Japanese Exchange TAOTAO To Start XRP Trading in 2 Days

Japanese Exchange TAOTAO News
  • 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.

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.

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Juliet is an ardent reader and a devoted writer who talks behind her keypads. She relishes her thoughts through writing articles, creative writings, and press releases.