As a registered Electronic Money Services Directive (EMD) for e-wallet functionality by the U.K.’s Financial Conduct Authority (FCA), this means that LBX is not only the sole operator in the market delivering U.K. on-shore banking, but is also the only exchange to offer Ripple-GBP pairing.
The addition of the third-ranked cryptocurrency by market value joins the likes of Bitcoin, Ethereum, BCH, and Litecoin, that are already available for trading on the exchange. The company also has plans to add more cryptocurrencies.
“As we open our doors to U.K. crypto enthusiasts, we’re listening and acting on what the community wants, and that’s an array of good quality coin options to trade, all backed by a reliable, comprehensive, and user-friendly service that they can trust,” Benjamin Dives, LBX founder and CEO, said. “And we’ll be adding more coins by the week. So watch this space.”
In addition to delivering a platform for customers to buy, sell, and exchange cryptocurrencies, LBX is also providing a space where they can access educational materials designed to help users get started in the industry.
Via its College of Crypto page newbie and veteran, investors can find an array of information pertaining to blockchain fundamentals, coin tutorials, how the industry is changing the world, as well as information on forks, wallets, public and private keys, and regulation. All of which are aimed at aiding those to make informed decisions in the industry.
Users can also receive a free daily market report that gives the low-down on what’s going on with industry price movements.
This is a great news for XRP and other cryptocurrencies. What do you think about it? Let us know in the comment below.
Also read: https://cryptotrends.in/ripple-xrp-vs-banks/