This means that LBX is not only the sole operator in the market offering UK on-shore banking, but also the only exchange to offer Ripple-GBP pairing.

Not only is LBX adding Ripple - the third most popular cryptocurrency by market cap - Its management team is also planning additional coin listings, but isn’t revealing the details quite yet.

LBX Founder and CEO Benjamin Dives, said:

“As we open our doors to UK crypto enthusiasts, we’re listening and acting on what the community wants, and that’s an array of good quality coin options to trade, all backed by a reliable, comprehensive and user-friendly service that they can trust.

“And we’ll be adding more coins by the week. So watch this space.”

The exchange is continuing to add further educational materials to its site too. The ‘college of crypto’ now includes an array of coin tutorials, blockchain fundamentals, cryptocurrency specs (regarding regulation) as well as a focus on wallets, forks and security - all aimed at helping those new to crypto make informed choices.

LBX opened in November for OTC trades and is currently on-boarding retail customers to its user-friendly app, which is backed by world-class customers service and follows rigorous KYC/AML protocols. Members also receive an acclaimed daily market report, which can also be viewed on Telegram on the LBX News channel.