Peer-to-peer crypto trading platform Huobi OTC starts XRP trading

Huobi OTC, Huobi Global's peer-to-peer cryptocurrency trading platform, has added support for Ripple’s native XRP token.

XRP is currently the third most valuable cryptocurrency in terms of market capitalization and is trading at $0.319.

Users would now be able to exchange XRP peer-to-peer for Bitcoin (BTC), Ethereum (ETH), Tether (USDT), EOS (EOS), Huobi Token (HT), and HUSD (HUSD).

"In addition to serving as Huobi Global's main onramp, Huobi OTC is also our main platform for users who prefer peer-to-peer trading. It's very important to our overall trading ecosystem," said Livio Weng, Huobi Global CEO. "The addition of Ripple is a big step forward in expanding our already extensive offering here."

Huobi OTC, an affiliated website of Huobi Global, offers an exchange bridge between fiats and digital assets. Huobi Global is currently the eight largest crypto exchange by 24-hour trading volume.

In addition to XRP, Huobi OTC also allows users to buy and sell Bitcoin (BTC), Ethereum (ETH), Tether (USDT), EOS (EOS), Huobi Token (HT), and Huobi's comprehensive stablecoin solution HUSD.