Crypto Exchange Bybit Starts XRP Trading Against Euro

Bybit has joined a growing list of crypto exchanges listing XRP after Ripple secured a partial victory against the SEC in July.

Following in the footsteps of several other cryptocurrency exchanges, Bybit has started trading XRP against EUR on its spot trading platform.

The popular trading platform announced the latest addition in a blog post on September 4, saying it will help enhance users’ trading experience on the exchange. With the new-listed trading pair, XRP/EUR, users can now buy and sell the crypto asset using EUR.

The Dubai-based exchange also launched EUR trading pairs for seven other cryptocurrencies, including BTC/EUR, ETH/EUR, LTC/EUR, DOGE/EUR, ADA/EUR, USDC/EUR, and SOL/EUR.

The addition of XRP on Bybit comes less than two months after Ripple secured a partial victory in its legal tussle against the United States Securities and Exchange Commission (SEC). Recall that in July, U.S. District Judge Analisa Torres granted a partial summary judgment in favor of Ripple, ruling that XRP is not a security when sold to retail investors on crypto exchanges or used by service providers.

Crypto Exchanges Relist XRP Following Ripple’s Victory

Since the court’s ruling, several cryptocurrency exchanges have moved to list and relist XRP on their platforms. As reported by The Crypto Basic, shortly after Ripple’s partial victory, the Liechtenstein Cryptoassets Exchange (LCX) listed XRP against the trading pairs of USD Coin (USDC), Euro, and its native token, LCX.

Prominent cryptocurrency exchanges, including Gemini, Coinbase, Kraken, and Crypto.com, also reintroduced XRP to their platform after the ruling.