EUR Trading Options Expand on Crypto.com with XRP and SOL Pairs
- Crypto.com has enabled the trading of more EUR pairs on its platform.
- Users on Crypto.com can now trade XRP/EUR and SOL/EUR pairs on the platform.
- The new additions bring the number of EUR trading pairs on Crypto.com to four, including BTC/EUR and ETH/EUR.
Singapore-based crypto exchange Crypto.com has enabled the trading of more EUR pairs on its platform. In a recent post on X (formerly Twitter), the digital assets trading company told followers they can now trade XRP/EUR and SOL/EUR pairs on their platform.
🆕 New $EUR trading pairs have been added to the https://t.co/A7lhUEyoao Exchange: $XRP /EUR $SOL /EUR
— Crypto.com Institutional (@Cryptocom_Insto) November 30, 2023
Start trading these pairs now 👇 https://t.co/GBTPzwV3F0 pic.twitter.com/3WMjh84HcG
Before the latest additions, Crypto.com users could only trade Bitcoin and Ethereum against the Euro. Those two were listed as BTC/EUR and ETH/EUR pairs, available for traders in the Eurozone and other parts of the world. With the latest additions, EUR trading pairs on Crypto.com have increased from two to four and are considered an expansion by the company.
Including Euro pairs for XRP and SOL underscores the increasing acceptance of both cryptocurrency projects. For XRP, it connotes another milestone in the season when it may emerge from a prolonged court case that has affected the top altcoin’s growth. By mounting a recovery, XRP gained 64% from October 9, reaching $0.7488 as of November 13. The price has retraced by nearly 20% to trade at $0.6016 as of the time of writing, per TradingView .
SOL embarked on a remarkable rally from the beginning of October, and by November 14, its price had reached $68.18, gaining 263%. After a minor pullback, SOL traded for $59.98 at the time of writing. Tim Enneking, managing director of Digital Capital Management, attributed the recent price rally to a post-FTX ‘relief rally’ due to the FTX relationship risk not being existential, combined with some solid technical progress on the chain.
However, by enabling the XRP/EUR and SOL/EUR pairs on its trading platform, Crypto.com has opened new frontiers for both digital assets that could encourage more adoption, especially from users within the Eurozone.
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