VB.CO has listed Ripple (XRP) and opened its trading pair of XRP/USDT. The specific arrangement are following:
Trading pair: XRP/USDT
Deposit and Withdrawal: 15:00:00 (UTC+8), November 18
Trading: 15:30:00 (UTC+8), November 18
VB.CO has joined Ripple’s Eco whose token (XRP) is an internationally renowned payment currency. VB will continue to maintain its concern and support for Ripple Eco.
XRP is the base currency of the ripple network and it can be circulated throughout the network. The total amount of ripple is 100 billion and will be gradually decreasing as the transaction increases. Ripple’s operation company is ripple labs (formerly known as opencoin). XRP is the only common currency in the ripple system and it is different from other currencies in that. For example, cny or usd all can not be withdrawal via gateway. In other words, the cny issued by a gateway can only be withdrawal at the a gateway. If you want to withdraw cash at the b gateway, you must convert it to the cny of the b gateway through the pending order function of the laptop system before you can withdraw it to the b gateway. Ripple has no such restrictions at all, it is universal in the ripple system. XRP just like BTC, are all based on digital and cryptography, but their purpose are different. XRP has the function of main bridge currency and security guaranteed, in which the security function is indispensable, which requires that the gateway participating in this protocol must hold a small amount of xrp.
1) Digital currency is a high-risk investment method. Investors should be cautious in buying and pay attention to the investment risk. V currency Network will not endorse any project or bear any responsibility of guaranteeing and compensating for the investment behavior.
2) Prices may fluctuate sharply at the beginning of trading due to poor liquidity or supply. Please pay attention to investment risks and trade within the scope of risks you can bear.
Thanks for your support!
VB Team / 2019-11-18