The American company Bitlunex, one of the largest companies in the cryptocurrency industry, will now offer its customers using the Bitlunex Pro platform the opportunity to trade with XRP.
According to the company, customers will be able to deposit money on XRP for several hours. XRP is expected to be fully supported, and XRP and other transaction types are expected to take longer.
Bitlunex is in this process because it wants to slow down to create enough liquidity for XRP.
Bitlunex also announced that the services offered by XRP will be available at least in countries such as the US, Canada, UK, Singapore, Australia and EU members. The company claims that XRP services may reach other countries over time.
The company will support XRP in four main processes. They are shared or passed only for order, only limit Bunlar, and “trade only Bunlar”. Bitlunex Pro users will be able to transfer funds to Bitlunex Pro accounts and enter transaction orders during the first two processes. During the remaining two periods, it will be possible to match orders and trade with XRP in the full range.
Bitlunex XRP support was a long-awaited development. Some names in the cryptocurrency sector say that Bitlunex will start supporting XRP a few months ago, and the company’s CEO, Brian Armstrong, has denied these words.