Ethereum [ETH], the second biggest cryptocurrency completes its 3-year benchmark Litecoin [LTC]’s Charlie Lee to be the new adviser for HTC’s Exodus smartphone Bitcoin Cash [BCH] will be accepted by 70% of the merchants in Cyprus, says Roger Ver XRP listed as base pair on institutional-grade exchange DCEX for Bitcoin [BTC], Ethereum [ETH], Litecoin [LTC] and more Bitcoin [BTC] ETF will “operate consistent with the rules and requirements”, says VanEck in letter to the SEC Roger Ver calls out Bitcoin’s Lightning Network, says it’s an “unproven technology” John McAfee endorsed Bitfi wallet’s CEO was under SEC radar IOTA [MIOTA] Qubic based QLite introduces ‘Tangle farm’ game Binance Labs partners with Libra Credit; advances international cryptocurrency demands Cardano [ADA]’s Charles Hoskinson on guiding strategies for micro-cap coins Ethereum [ETH]’s Vitalik Buterin shrugs off need for Bitcoin [BTC] ETFs, market is resilient Bitcoin [BTC] promised, Bitcoin Cash [BCH] added: FuzeX under accusations of scam Tron [TRX] secret project unveiled by Justin Sun – Project Atlas Justin Sun sheds light on the Tron [TRX] Virtual Machine – launches the beta version Tron [TRX] supporting exchanges divided into 3 categories – Less than 24 hours for the secret project announcement Ripple partner TransferGo adds Bitcoin [BTC], XRP [XRP], Litecoin [LTC] and others for trading Ripple’s CTO responds to Roger Ver’s statement on XRP XRP [XRP]’s status as a cryptocurrency questioned by Roger Ver Ripple’s “best quarter ever”, XRP [XRP] market “slowed considerably”, shows official Q2 Report DCEX, a registered cryptocurrency marketplace for retail and institutional investors, announced that it will be using XRP as the exclusive base currency for trading. This means that all cryptocurrencies on the exchange will be traded against XRP, for a total of 15 coin pairs.
The pairs with XRP offered are Bitcoin [BTC], Litecoin [LTC], Ethereum [ETH], Bitcoin Cash [BCH], Bitcoin Gold [BTG], Ethereum Classic [ETC], OmiseGo [OMG], EOS [EOS], DASH [DASH], Tron [TRX], Monero [XMR], VeChain [VEN], IOTA [IOTA], ZCash [ZEC], stablecoin TrueUSD [TUSD], with plans to add Neo [NEO] and Cardano [ADA]. The exchange has also promised more pairs in the coming months.
Keeping in line with their vision of providing a product for institutional investors in the space, all ten coins listed for the Bloomberg Galaxy Crypto Index [BGCI]. The exchange is slated to open in the coming weeks, with registrations for new users already open.
DCEX will also allow for features such as arbitrage trading across exchanges due to XRP being listed as the base pair. Their statement says: “XRP as a base currency allows for seamless, high-speed transfers between exchanges to take advantage of price inefficiencies.” This also allows for faster execution times with a very low latency, which is what the DCEX platform is designed for.
It reportedly allows for a transaction volume of one million transactions per second. They furthermore praised XRP, stating: “XRP blockchain transactions typically settle in under four seconds, allowing for faster multi-exchange strategies and providing a speed advantage over other money movement options.” This, in turn, enables users to engage in what DCEX is calling “high-frequency crypto trading”. Read more from ambcrypto.com…
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