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XRP Euro Cash-Out Route Launched With Less Than 100 Euros in Direct Market
(2 hours ago) · 1 source · Summarized by CryptoBipto
A newly launched XRP-to-euro cash-out route reportedly had less than 100 euros in its direct trading market at the time of observation. The extremely thin liquidity raises questions about the practical usability of the route for converting XRP to euros.
WHY IT MATTERS
When you want to exchange cryptocurrency for regular money (like euros), you need other people on the other side of the trade willing to buy what you are selling.
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SOURCES
- cryptoslate.com
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