OSL Hong Kong, a regulated digital asset exchange, has listed XRP on its platform, expanding the number of tokens available to professional investors under Hong Kong’s current licensing framework. The exchange said deposits and withdrawals for the asset are open, with trading accessible through its Flash Trade and OTC channels.
According to OSL, XRP can now be traded in three currency pairs: XRP/HKD, XRP/USD and XRP/USDT. These services remain limited to professional investors, in line with local regulatory requirements. The exchange directed users to its trading rules for details on order execution and listing procedures.
“XRP is now available at OSL HK — secure, compliant access to one of the world’s most established digital assets. Renowned for its speed and efficiency in cross-border transactions, XRP expands OSL HK’s token lineup,” OSL wrote on X.
The listing comes as Hong Kong continues to shape its regulatory approach to digital assets, requiring licensed platforms to restrict trading access for certain tokens to institutional or professional market participants. OSL is among the exchanges operating under this framework.
XRP is trading under pressure and is currently holding near $2.05, with the broader crypto market showing weakness. The token remains in a larger bearish trend on the higher timeframes, and recent price action has mostly been sideways. Short-term moves continue to mirror Bitcoin, which has faced resistance and triggered small pullbacks across major altcoins, including XRP.
Support for XRP sits around $2, with deeper levels near $1.90–$1.95 if the decline continues. Resistance appears at $2.20–$2.50, which the price would need to reclaim to show any sign of recovery. For now, XRP remains range-bound, with no clear signal of a trend reversal.
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