XRP has recently been listed on Atlantis Exchange, a cryptocurrency trading platform registered with the U.S. Department of the Treasury. This is significant news for XRP, as it provides another avenue for users to trade the digital asset. The trading of XRP on Atlantis Exchange began on March 17 at 5:00 AM UTC, with the trading pair USDB.
Despite this positive development, there have been some concerns raised about the reliability of Atlantis Exchange. Accusations of the platform being a scam have circulated, with some users experiencing difficulties in withdrawing their tokens. As a result, caution is advised for XRP investors considering engaging with the exchange.
However, the listing on Atlantis Exchange does highlight the potential value of XRP, with the platform projecting a 100-fold increase in its value. They emphasize that XRP is a cryptocurrency that facilitates cross-border payments and mention its usage within the XRPL, a decentralized and open-source blockchain technology known for its quick transaction settlement time of 3-5 seconds.
It is also worth noting that XRP has achieved legal clarity in the United States, as it was declared a non-security by the court last year. This legal status provides further credibility and recognition for XRP.
Overall, the listing of XRP on Atlantis Exchange offers new trading opportunities for XRP investors, but caution is necessary due to concerns about the reliability of the platform.