Bullish

OSL HK Launches Retail XRP Trading, Becoming First Hong Kong Exchange to Offer It

2026-07-29 13:07:14

OSL HK opens XRP trading to retail investors on July 29 with three pairs. This marks the first time a Hong Kong exchange allows retail XRP access, adding to BTC, ETH, and SOL offerings.

Woofun AI reports that OSL Group announced its Hong Kong platform, OSL HK, will enable retail XRP trading starting at 20:00 on July 29. This move makes OSL HK the first exchange in Hong Kong to support retail trading of XRP. The platform will offer three trading pairs against USD and HKD, including Lightning transactions for XRP/USD and OTC trades for XRP/USD and XRP/HKD. Deposits and withdrawals will utilize the XRP Ledger network. Previously, only professional investors could access XRP via Lightning and OTC channels. XRP becomes the fourth cryptocurrency available to retail users on OSL HK, joining BTC, ETH, and SOL.

WOOFUN AI

Impact Assessment · Quick Read

OSL HK's decision to open XRP to retail investors marks a significant regulatory and market milestone in Hong Kong, following the precedent set by BTC, ETH, and SOL. As the first local exchange to offer this service, OSL may capture substantial liquidity from retail traders seeking regulated XRP exposure. This development could encourage other Hong Kong-based platforms to follow suit, potentially increasing overall trading volume and accessibility for XRP in the region.
Generated by WOOFUN AI · For reference only, not investment advice

Comments

Me
Replying to @User
0/800

No comments yet.

Notifications

Sign in to view messages
View all messagesManage subscriptions