Paxos Adds XRP to Crypto Brokerage Platform for Trading and Custody
Paxos has added XRP to its Crypto Brokerage platform, enabling partners to offer trading, custody, deposits and withdrawals for the cryptocurrency, according to Cointelegraph.
Paxos Adds XRP Support
The addition places XRP among the assets supported through Paxos' Crypto Brokerage platform. Cointelegraph reported that the integration allows Paxos partners to provide several core cryptocurrency services involving XRP.
Those services include trading, custody, deposits and withdrawals. The reported capabilities cover both the buying and selling of XRP and the ability to hold and transfer the asset through participating platforms.
Services Available Through Partners
Under the reported integration, partners using Paxos' Crypto Brokerage platform can offer XRP trading alongside custody services. The platform also supports XRP deposits and withdrawals, giving participating partners access to functions for handling the asset within their offerings.
The development specifically concerns the availability of XRP on Paxos' Crypto Brokerage platform. Cointelegraph did not provide additional details in the source about the number of partners involved, trading volumes, launch timing or other terms associated with the addition.
For Paxos' partners, the reported support encompasses four functions: XRP trading, custody, deposits and withdrawals. The source identifies those services as the key capabilities enabled by adding XRP to the Crypto Brokerage platform.
Writer: Ethan Collins
Crypto Journalist
Ethan Collins reports on developments across the cryptocurrency and blockchain sector. His work covers market movements, protocol updates, regulatory changes, and emerging trends in digital assets.
He focuses on presenting complex topics in a clear and accessible manner for a broad readership.
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