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BitExchange introduces XRP-linked trading

BitExchange, a decentralised money-transferring platform, has introduced XRP (XRP $0.49) linked options on its cryptocurrency derivatives platform. With insights from an announcement made on August 17, 2023, by the exchange, the initiative might enable users to get XRP options trading without the need for cryptocurrency ownership, stated Cointelegraph. Users will be provided with derivative agreements. It is believed this can allow purchasing or selling the assets at a predetermined price on or before a specified date. Supposedly, the users will also get call options to grant the buying right, Cointelegraph added.

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