The First Full XRP Exchange is Now Live

The first fully XRP-based exchange, called XRP United.

The only fiat currency traded on XRP United currently is the Euro, and exchange pairs are limited to BTC/XRP, ETH/XRP, and BCH/XRP. An XMR/XRP pair will reportedly be added down the line following the integration of a Monero wallet.

According to the exchange's creator, the company is based and licensed in Estonia.

A badge and license number from the Estonian Financial Intelligence Unit.

The exchange is filed under parent company Xrp United Oü with the Estonian government.

"We are a small international team, company is based in Estonia and we are indeed a licensed and regulated entity. The only fiat currency we operate at the moment is euros in and out, but plans are to expand from here to how knows where. We're starting with small amount of XRP pairs and grow it up from there."

Vying to Become the StandardXRP United is the latest push by proponents of Ripple Labs' cryptocurrency toward international adoption.

Ripple already has banks and financial institutions using its RippleNet suite of products, and commercially launched its cross-border payment system XRapid at the beginning of October.

Supporters of XRP use the tag #xrpthestandard, and the company's strategy mirrors that sentiment.

Ripple is making every effort to place XRP and RippleNet in the top spot as the new "Standard" for international transactions.