Xumm, a self-custody wallet, is gearing up to revolutionize crypto trading on the XRP ledger. On Monday, the official Xumm Twitter handle teased a new product that will improve the trading experience of the app significantly and will be released on Thursday. The announcement sparked excitement within the XRP community, as people believe this could be a viable alternative to centralized exchanges. Developers also rolled out several XRP on/off-ramps last year, allowing users the ability to fund their wallets directly without needing an exchange.

Kristin Dack, a prominent member of the XRP community, noted that the charts in the app were often glitchy, making trading on it difficult. The new product, whatever it may be, could potentially fix this issue and offer a superior trading experience.

Though the exact nature of the product remains unspecified, it is likely that Xumm is looking to upgrade the DEX Trade xApp or to release an entirely new decentralized exchange. Ripple Chief Technology Officer David Schwartz admirably reviewed the DEX Trade app in January, except for one



Other News from Today