XRP trades continues on Uphold exchange despite SEC lawsuit
While most major crypto exchanges, such as Coinbase and Binance.US, have already moved to either delist or halt trading for the token, there’s at least one that is bucking the trend. Uphold, an “anything to anything” exchange that’s done about $8 billion in cumulative trading volume (according to its own figures), will not take any action to change its course on XRP until there’s a definitive ruling against it.
Source
Crypto exchange choses to adopt the innocent until proven guilty over the SEC lawsuit against Ripple. That is quite a just way of reaction to the case. Whether Ripple is guilty of the charges is yet to be proven at the stage. With major exchanges announcing delisting or halting XRP trades, the move by Uphold exchange in bucking the trend should be commendable.
Despite the dumps, XRP seems to be holding support at the $0.20 region. It might be fighting for survival out of this mess after all!
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Uphold is smart doing that because when you delist a coin you basically lose fees that you're charging for trading. If needed, then after the trial it can delist it. Till then, it can make a lot of money off of XRP.
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That's absolutely true, More XRP trades volume should be expected on Uphold. Very nice to see such a move from them.
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hello dear friend @joetunex good afternoon
excellent information, you also say very true things, nothing suggests that they were guilty, the court will decide.
Brittex also continues to operate
I appreciate that you shared this opinion
have an excellent afternoon
Thanks my friend, unless Bittrex have changed their decision it also announced the half XRP trades on 15th or 19th of January, I can't recall the exact date now 🙂
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