Why did bitbuy delist XRP?

Their choice to delist XRP shows the OSC that they take compliance seriously. In January 2022, Bitbuy along with other Canadian crypto exchanges will remove its XRP/BTC and XRP/CAD trading pairs, but they may relist XRP in future depending on the outcome of Ripple’s legal battle.

Will bitbuy relist XRP in 2022?

In January 2022, Bitbuy along with other Canadian crypto exchanges will remove its XRP/BTC and XRP/CAD trading pairs, but they may relist XRP in future depending on the outcome of Ripple’s legal battle. If you have XRP in your account then you will need to remove it or risk losing it. You can either:

What happened to XRP?

The uncertainty surrounding XRP led to major US-based crypto exchanges such as Coinbase and Kraken to delist XRP. Bitbuy recently became the first Canadian cryptocurrency to gain approval by the Ontario Securities Commission (OSC) to operate as a fully registered marketplace.

Where can I buy XRP in Canada?

Europe-based exchange CoinField still lists XRP and you can buy it directly with Canadian dollars or swap it for the available pairs. Binance recently stopped operations in Ontario due to the OSC’s regulations. Binance provides margin, futures and leverage trading – things that the OSC does not allow.