XRP Takes Off, Trump’s Interaction with Ripple(XRP) Leaders Drives Price Surge, BYDFi Becomes the Go-To Exchange for Investors

Despite its historical volatility—particularly due to regulatory issues with the U.S. Securities and Exchange Commission (SEC)—XRP's legal hurdles are gradually being resolved, especially with the Trump administration's supportive stance on cryptocurrency policy. According to official reports, Ripple CEO Brad Garlinghouse had dinner with the newly elected U.S. President Donald Trump and Ripple’s Chief Legal Officer, Stuart Alderoty, at Mar-a-Lago. This meeting undoubtedly provides strong support for XRP, marking a major positive development for the asset.

Since November 2024, XRP has broken through its historical low, surging from $0.50 to $2.46 (as of the time of writing), reflecting a remarkable 392% increase. With a current market capitalization of $140.76 billion, XRP has surpassed USDT, reclaiming its position as the third-largest cryptocurrency globally. Growing interest from investors signals a potential new bull market for XRP as demand continues to rise, particularly with the anticipated release of pent-up demand in 2025.

With such a promising asset, selecting the right exchange platform is crucial. Particularly in the U.S. market, where many exchanges have delisted XRP, BYDFi stands out with its unique advantages, becoming the preferred platform for XRP traders.

Low-Cost Trading: The Cost Advantage of Trading XRP

Transaction fees are a critical factor when choosing a trading platform. BYDFi has a very transparent fee structure with no hidden charges, which is highly competitive in the market.

Large-volume and high-frequency trading requires extremely low transaction fees, which greatly reduces the cost of trading. Therefore, for the investors who use XRP quite frequently, BYDFi would save them a lot in commissions and thus contribute to increasing their investment returns. On the other hand, even at strongly volatile moments within the market, the competitive advantage of its low fee can effectively minimize its trading cost in BYDFi.

Market Depth and Liquidity: Ensuring the Speed and Accuracy of XRP Order Execution

Liquidity is crucial for ensuring fast trades and minimizing slippage, especially during market fluctuations.

Innovative Contract Features: Boost Asset Efficiency and Trading Flexibility

BYDFi is not a spot trading platform but offers a variety of derivative trading options, including perpetual contracts and leveraged tokens. In the case of perpetual contract trading, XRP coin-margined trading is available for hedging, hence managing market risks effectively. The latest upgrade of the perpetual contract system at BYDFi has introduced three innovative features that will make XRP trading more flexible and efficient:

Moreover, BYDFi provides a wide range of trading bot features such as Auto-Invest Strategies, Martingale, and Grid Trading, which help users automate their investment process, improve trading outcomes, and manage their account assets comprehensively

Compliance and Security Assurance: Ensuring the Safety of User Funds and Transactions

BYDFi has always strictly conformed to the relevant regulatory frameworks all over the world and striven to offer a transparent and compliant trading environment to users. Equally important, apart from dual MSB licenses in the United States and Canada, BYDFi recently joined the CODE VASP Alliance of South Korea and integrated the Travel Rule compliance solution, fully aligned with the latest AML regulation. The platform has implemented multiple protective measures for fund security, including:

Easy-to-Navigate Interface & 24/7 Multilingual Support: Effortless Trading for All

BYDFi is currently offering a generous welcome bonus of 8100 USDT to new users. For more information and to claim your reward, visit the official BYDFi website or download the BYDFi app.

About BYDFi

BYDFi, founded in 2020, is recognized by Forbes as one of the top 10 global crypto exchanges and is trusted by more than 1,000,000 of users worldwide. The platform offers spot trading for over 600 cryptocurrencies and provides leverage for perpetual contracts, ranging from 1x to 200x. Its new "Perpetual Contract Copy Trading" feature connects users with top traders globally, recommending experts based on users' trading preferences to help mitigate risks and maximize returns. Users can access this feature through the BYDFi official app.

BYDFi also partners with leading payment providers like Banxa, Transak, and Mercuryo to simplify cryptocurrency purchases and offer low-cost transactions.BYDFi is dedicated to providing users with a world-class crypto Trading experience. BUIDL Your Dream Finance.

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