FX Choice, a regulated Forex broker in Belize, has just added XRP to its trading platform.
“We are pleased to announce that clients may now deposit and withdraw XRP (Ripple coin).
For those unaware, XRP (Ripple) is currently one of the top five cryptocurrencies in terms of market capitalization. Ripple is the name for both a digital currency (XRP) and an open payment network within which that currency is transferred. It is a distributed, open-source payments system. To deposit XRP, you’ll need to open an XRP-denominated account with us.”
FX Choice gives traders a place to buy and sell foreign currencies, which is a market valued at $5 trillion.
The company is following the trend of traditional forex brokers getting into cryptocurrency by providing customers with access to the worldwide digital asset marketplace. Forex.com, the world's second largest forex broker, also offers XRP and Bitcoin trading. Other forex brokers, Simple FX and Nord FX, have also entered the cryptocurrency market.