Ripple XRP Flying High with Canada’s CoinField exchange listing 20 trading pairs in 61 Countries

Ripple XRP Flying High with Canada’s CoinField exchange listing 20 trading pairs 61 Countries

XRP has been flying high since Sept 2018 again and this time CoinField has announced that XRP will act as a main base currency. Around 20 main cryptocurrencies will trade with XRP as their base currency.

CoinField is considered as Canada’s most advanced cryptocurrency platform. CoinFiled's platform has gone live with an upgraded matching engine capable of making up to 75,000 trades per second. These number of trades maps up to 1.5 million API calls per second.

CoinField trading platform now serving around 61 countries worldwide. Users are required to go through KYC/AML (Know Your Customer / Anti-Money Laundering) process/verification to start trading on CoinField cryptocurrency trading platform.

CoinField also supports 28 cryptocurrency or digital assets trading pairs across six fiat currencies namely US dollar (USD), Canadian dollar (CAD), Euro (EUR), Great Britain Pound Sterling (GBP) Japanese Yen (JPY) and UAE dirham (AED). This gives cryptocurrency traders and investors one of the widest currency choices for their fiat based investments.

There is a plan to add another 10 cryptocurrency coins or tokens to the Coinfield's trading platform in 2018 end.

CoinFiled considered XRP as the main base currency due to XRP's three attractive properties
  • Quick transaction speed
  • No third-party reliability
  • Very small transaction fee
In a tweet,  CoinField Exchange said,

Executive Opinions:

CoinField CEO, Babak Bob Ras, said. “In a very short amount of time, XRP has proven itself to be one of the most reliable and most cost-efficient blockchain networks in the industry. By adding XRP as our base currency in all trading pairs, our users can move funds in and out of different exchanges or different wallets in a matter of seconds. We are directly benefiting our users with a stable, proven base. We are also introducing an extremely low fee schedule that can turn our platform into the preferred trading hub for traders around the world.”

XRP Referral Program

CoinField is offering XRP referral program and as a part of this program, it will offer 10 XRPs to the users bringing other users to their platform. In addition there will be 25% commission going forward off every trading commission from newly joined user transactions to the referee.

This development brings a good news as far as XRP goes as it likely bump up XRP's trading volume and possibly increase its value and XRP's overall valuation in near future.


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Mandar Pise Opinions expressed by techsutram contributors are their own. More details

Mandar is a seasoned software professional for more than a decade. He is Cloud, AI, IoT, Blockchain and Fintech enthusiast. He writes to benefit others from his experiences. His overall goal is to help people learn about the Cloud, AI, IoT, Blockchain and Fintech and the effects they will have economically and socially in the future.

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