Very exciting news today as Bitmax launch a digital asset trading platform which will make XRP available to buy for 81 million in Japan.
Recently we have seen a surge in XRP price, alongside Bakkt launch hysteria, Binance US listing XRP, Bitmax will also have a big influence.
The trading commenced on Tuesday and available for exchange are all the top five cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH) and Litecoin (LTC)
BITMAX is basically a crypto trading service accessible from the LINE App which allows its users to share videos, images & texts free.
LINE app has access to 81 million in Japan, but also 164 million users across other countries with BITMAX about to launch in there also.
BITMAX is a crypto trading service that can be accessed directly from LINE app using the LINE Wallet tab. It is promised to be simple and easy to use even for those who do not know anything about crypto trading or have zero experience in trading it.
Much like China, Japan is pushing for a cashless society with their citizens not only using bank cards but now digital assets like XRP.
With 70% of Japans population using it daily, you can quickly see why this could push XRP higher and higher over time.