Enthusiasts of $XRP Celebrate: CoinFlip Incorporates the Widely Favored Cryptocurrency into Its Online Trading Platform

Updated: 04 August 2023

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Bitcoin ATM operator CoinFlip has added XRP to its Online order desk in the wake of the pump that resulted from the US court declaring XRP is not a security when sold to retail investors.

This announcement came via a press release that added that the court’s decision showcases the industry potential as the United States pushes toward regulatory clarity.

“The recent SEC ruling surrounding XRP provided a much-needed boost to the crypto industry by restoring the confidence and signaling a positive shift towards regulatory clarity,” said the CEO of CoinFlip, Ben Wiess.

Ben stated that it was only natural for the company to expand its offerings following the “exponential increase in demand for the token.”

“We are excited to further empower individuals with yet another powerful tool to navigate the evolving digital economy as we strive to make cryptocurrency accessible to everyone”, he added.

XRP Returns to Exchanges After Positive Ruling

Many major cryptocurrency exchanges delisted XRP following the start of the now-famous “SEC vs Ripple’ case. Fears that XRP might be a security forced exchanges to make that decision.

But after the ruling by a US judge that led to Ripple’s partial win in court, which stated that XRP is not a security when sold to and traded by retail investors, many exchanges began to relist the token.

Trading is anticipated to begin later today, if liquidity conditions are met. Once sufficient supply of this asset is established trading on our XRP-USD, XRP-USDT and XRP-EUR trading pairs will launch in phases. Support for XRP may be restricted in some supported jurisdictions.

— Coinbase Assets 🛡️📞 (@CoinbaseAssets) July 13, 2023

At press time, XRP is trading around the $0.65 mark. It has declined by 7.31% in the last 24 hours, with its market capitalization down by 1.02% and its 24-hour trading volume decreased by 18.7%.

XRP’s price is still 127% higher than its 2022 bottom.

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