XRP seems to have taken rood with Mexican crypto traders, becoming the best-traded asset on the Bitso exchange. This is an unusual success for XRP, which has traded on relatively thin volumes on most exchanges.
Bitso Partnered with Ripple for Exchange Liquidity, Remittance Channel
The Bitso market operator marks XRP as the most active digital asset, in the pairing with the Mexican peso. The Bitso exchange makes up only a fraction of the XRP market, being a relatively niche operator.
Bitso, which carries a bit more than $7 million in daily volumes, trades more than $5 million in the XRP pair, according to CoinMarketCap data. This is about five times higher than the Bitcoin (BTC) trading volumes. The larger share is especially active, while XRP’s overall trading has surpassed $2 billion in daily volumes.
The most popular Mexican crypto…
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