Koinex, an India-based cryptocurrency exchange, has become the first exchange to offer Ripple XRP trading pairs. The brand new trading platform, which is only available to Indian citizens, now offers 8 XRP trading pairs with zero-fee transactions.

The tokens available in the Ripple market:

Based on information available on the Koinex website, the exchange currently offers three additional markets: INR, Bitcoin, and Ethereum. Additionally, it looks like the exchange is planning to launch Bitcoin Cash and Litecoin markets shortly. Koinex launches its exchange just weeks after a major decision by the central bank of India to bar banks from engaging with cryptocurrency services.

@Ripple (XRP) has always been a crypto-crowd favourite because of its high liquidity and ease to transact. For the first time in the crypto world, Koinex proudly presents XRP-based trading market with 8 XRP pairs going live tonight. #XRPTheStandard#WhatsNextOnKoinex #Ripple — Koinex (@koinexindia) April 28, 2018

This news comes shortly after another major listing announcement for Ripple. Last week, Revolut, a London-based digital banking startup, added both Ripple and Bitcoin Cash to its trading options. Ripple has notoriously struggled with exchange listings in the past, even resorting to attempting to buy its way onto major exchanges, and many in its community see the Koinex trading market as a major first step towards broader adoption.