We found that a cryptocurrency exchange based in Canada – Coinfield has launched an exchange service based on Ripple ‘s XRP as its base currency . It seems that the service of the exchange exchanging 20 pairs of XRP-based trading pairs is deployed in 61 countries including Japan .
In the press release, it is cited as the reason for the adoption of XRP as the base currency that the speed of transaction, the cheap commission, and the fact that third parties are unnecessary .
In addition to XRP-based trading pairs, the exchange handles six types of statutory currencies , and there seems to be a total of 28 pairs of Fiat / encryption currencies .
Handled legal currency: Japanese Yen (JPY), US Dollar (USD), Canadian Dollar (CAD), Euro (EUR), British Pound (GBP), UAE Dirham (AED / Legal currency of the United Arab Emirates)
The exchange also implements a referral system , and in addition to 10XRP (about 500 yen) per introduction, it is said that 25% of the transaction fee paid by the introduced party can be paid as compensation.
Article Source / Related Link:
- Official press release (English)
- List of service compatible countries (English)
- Referral system overview (English)
Author: Yuya 【Coin Desk News】 – Source Post: https://crypto-times.jp/coinfield-to-launch-20-xrp-pairs-across-61-countries/
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