Ripple Sold Zero XRP on Cryptocurrency Exchanges in Q4 2019

Ripple Sold Zero XRP on Cryptocurrency Exchanges in Q4 2019

Ripple dramatically reduced the amount of XRP it sold in the fourth quarter of 2019. The company’s latest XRP Markets Report shows the San Francisco startup stopped its sales of the digital asset on cryptocurrency exchanges altogether. The company typically sells XRP on exchanges “programmatically” at a rate of 10 basis points of the overall XRP daily volume.