WEEX Exchange has recently announced the official launch of the XRP/USDT spot trading pair. Following careful preparation and testing, users can now engage in secure and stable XRP/USDT spot trading on the WEEX platform. Previously, WEEX only offered the XRP/USDT perpetual futures trading pair.

 

As a platform specializing in futures trading, WEEX features a limited range of spot trading currencies, currently including BTC, ETH, LTC, BCH, ETC, TRX, DOGE, and the newly introduced XRP. However, with an expanding user base, WEEX is committed to keeping pace with market trends, accelerating the listing process for various currencies, and promptly meeting users' diversified trading needs.

 

According to the plan, WEEX will gradually introduce SOL, BNB, ARB, MATIC, and ADA spot trading pairs, as well as ARB, CFX, SXP, INJ, and RNDR futures trading pairs. Additionally, a variety of new spot trading currencies such as MATIC, SOL, FIL, MANA, OP, APT, TRX, EOS, XRP, ETC, LTC, LINK, ADA, UNI, DOT, and DOGE will be added for copy trading.

 

The prioritized introduction of the XRP spot trading pair is in response to the significant turn in the Ripple vs. SEC lawsuit and the increased demand for XRP trading due to rising popularity.

 

On July 13th, a US federal judge ruled that XRP from Ripple may not necessarily be considered a security. This decision is widely regarded as a victory for the cryptocurrency industry against the SEC and could potentially remove cryptocurrency from being classified as securities, serving as a pivotal reference for determining whether ETH or other cryptocurrencies fall under securities regulations in the future. Therefore, the final verdict of the Ripple case holds implications for the entire cryptocurrency market's future.

 

 

About WEEX:

 

WEEX is a futures trading platform emphasizing security and user-friendliness. Established in 2018, the platform currently serves over one million users with an average daily trading volume exceeding $1.5 billion. With secure overseas data protection and a skilled international team, WEEX actively expands its global strategic presence. It has obtained licenses from the US MSB, Canadian MSB, and Saint Vincent FSA, aiming to provide the most professional, secure, and privacy-oriented trading services to global users. To safeguard users' funds, WEEX has set up a 1,000 BTC investor protection fund and publicly disclosed the hot wallet addresses of the fund..