XRP: List of Exchanges That Have Re-listed the Crypto

The Federal Court for the Southern District of New York made the historic ruling that XRP does not constitute a security. The markets are ecstatic about the development, which has caused several cryptos to rally hard. XRP is up by 66.5% in the last 24 hours and its market cap jumped to $41 billion, taking the number four spot.

Also Read: US Judge Rules Ripple XRP is Not a Security

Moreover, several exchanges have begun to re-list the token on their platforms. Many popular crypto exchanges removed XRP after the SEC filed a lawsuit claiming that it was a security. However, the allegations have finally been put to rest.

Coinbase

Coinbase has officially stated that it will re-enable XRP trading. The exchange halted trading for the crypto on Jan. 19, 2021. It should be noted that Coinbase is also currently in a legal battle with the SEC over the alleged sale of unregistered securities.

Coinbase will re-enable trading for XRP (XRP) on the XRP network. Do not send this asset over other networks or your funds may be lost. Transfers for this asset remain available on @Coinbase & @CoinbaseExch in the regions where trading is supported.

— Coinbase Assets 🛡️ (@CoinbaseAssets) July 13, 2023

Kraken

Kraken has also re-enabled trading for the popular crypto, for which it halted trading on Jan. 29, 2021. The token is making a reappearance on the exchange after almost 2.5 years.

1/ This morning, the Federal Court for the Southern District of New York ruled that XRP is not a security.

As such, just a few minutes ago, Kraken re-enabled trading in XRP for US users. https://t.co/HlflXOT7z1

— Marco Santori (@msantoriESQ) July 13, 2023

Crypto.com

Crypto.com has also relisted the token. The exchange also congratulated the project by saying that “Fortune has Favored the Brave!” Like Coinbase, Crypto.com also delisted XRP on Jan. 19, 2021.

#XRP is back in the US 🇺🇸

Now everyone can trade $XRP in the https://t.co/vCNztATkNg App 🚀

Buy XRP at true cost with USD, EUR, GBP, and 20+ fiat currencies.

Download the App to start trading now
👉 https://t.co/jt6bDD8HsI@Ripple pic.twitter.com/DCHZx0eGQN

— Crypto.com (@cryptocom) July 14, 2023

Gemini

Gemini, on the other hand, is exploring the listing on XRP for both spot and derivatives trading. However, the exchange has not as of yet relisted the token, although, it should happen very soon.

Given today's ruling that the sale of XRP on exchanges is not a security, @Gemini is exploring the listing of XRP for both spot and derivatives trading.

— Gemini (@Gemini) July 13, 2023

Bitstamp

Bitstamp has also relisted XRP, with a tweet welcoming back the popular crypto on its platform.

Welcome back $XRP! 🚀 XRP trading is available in the U.S now for our U.S customers.

You can once again buy, sell, or trade XRP on Bitstamp USA. 🫡

Find more info here: https://t.co/UMQ2dubMDe#XRPArmy pic.twitter.com/XqAtCZJPLj

— Bitstamp (@Bitstamp) July 13, 2023

Has XRP ended the bear market?

The ruling that XRP is not a security is a very significant one. Ripple, the firm that uses the XRP Ledger, has been engaged in a legal dispute with the SEC since December 2020. Moreover, the ruling has given some clarity on the securities law and its application to digital assets on exchanges. The ruling has sent the crypto market into a euphoric rollercoaster, with many saying that this could be the beginning of another bull run. At press time, XRP was trading at $0.786701, up by 1.3% in the last hour.

Also Read: Top Reasons Why a Bear Market Might Be Over After XRP’s Win