Hong Kong retail investors can now trade XRP through OSL, which became the first exchange in the city to offer the token to retail customers, according to the company. The launch expands regulated access as investors watch whether other licensed exchanges follow with their own XRP listings.
Key Takeaways
OSL says it has become the first Hong Kong exchange to offer XRP trading to retail investors.Retail customers can trade XRP through Flash Trade and OTC services.The listing expands regulated access to one of the world’s largest cryptocurrencies.“We are thrilled to announce that OSL HK will be the first exchange in Hong Kong to support XRP (XRP) trading to retail investors.”
Trading opened July 29 through Flash Trade, OSL’s instant retail trading feature, and over-the-counter (OTC) services. Retail investors can trade XRP using the XRP/USD pair through Flash Trade or the XRP/USD and XRP/HKD pairs through OTC. XRP deposits and withdrawals are supported through the XRP Ledger, according to OSL.
Professional investors continue to have access to additional trading pairs, including XRP/USDT through Flash Trade and XRP/BTC through OTC services.
Regulated Access Expands in Hong Kong XRP Builds on Hong Kong’s Digital Asset Growth
