Ripple keeps expanding its boundaries. One of the newest cryptocurrency exchanges in South Korea, Coinrail, will add Ripple (XPR) to the platform. This is not the first cryptocurrency exchange in South Korea that allows Ripple to be traded. Coinone and Bithumb were the first to do it. In this way, Coinrail will be the third company that adds this currency to the exchange platform.
Why Did Coinrail Decide that?
Coinrail was launched on the market on October the 11th. In an incredible strong market for the cryptocurrency world, being competitive means to add more cryptocurrencies. Today, Coinrail will add Edgeless (EDC) and Zcash (ZEC) tokens.
In this way, Coinrail exchange platform will be able to offer a variety of assets that are not offered by all the competitors. Bitcoin, Ether, Stratis, Dash, OmiseGO, Litecoin, EOS, Bitcoin Cash, Walton Coin, TenX and Jet Cash, reported cryptoninjas.
In addition to it, the cryptocurrency exchange plans to add QTUM, Stellar Lumens, and KyberNetwork. Before the next year, NEO, Komodo, NEM, IOTA and other virtual currencies will be added to the platform too. Some time ago, UseTheBitcoin commented about the plans of two South Korean exchanges regarding the Bitcoin Gold hard fork.
Ripple vs Bitcoin Cash
During the last days, Bitcoin Cash was challenging Ripple by market capitalization. As Bitcoin Cash fork could happen in November, some investors are trying to take profit form it while investing in Bitcoin Cash. The owners of Bitcoin Cash will have the same amount of Bitcoin in the new currency that will split.
At the moment, Ripple recovered the third position as the virtual currency with the third biggest market capitalization. Bitcoin Cash, falling 1,91% today, returned to the fourth place.