Overview
RippleFox presents itself as a legacy gateway style exchange from China focused on XRP-XLM trading. Known for its minimalist platform design and flat fee system, it catered to users with straightforward needs rather than modern trading demands.
Heritage from early crypto era
Founded on 1 May 2014, RippleFox emerged during the early boom of Chinese crypto exchanges. It initially filled the niche of offering direct trading between Ripple (XRP) and Stellar (XLM), long before such pairs became available elsewhere.
Narrow focus, untracked activity
RippleFox currently holds an Untracked Listing status, meaning its trading volume and reserve data are unavailable. The platform is effectively inactive. Historical reports confirm that its 24-hour volume had dropped to about 34,000 USD as of late 2021. More recent notes show it supports as few as four trading pairs with minimal liquidity.
Straightforward fee structure
RippleFox uses a flat fee model rather than maker taker pricing. It charged a standard 0.20% per trade, aligning with or undercutting global averages. Withdrawal fees were also flat at 0.20%, which is unusual but potentially useful for small withdrawals.
Interface usability: bare bones but accessible
The platform skipped advanced tools in favor of simplicity. The trading view was minimal, showing basic order book features and simple charts without complex analytics. That minimalism might appeal to beginners but offered little for seasoned traders.
Model: gateway between XRP and Stellar networks
RippleFox long served as a specialist gateway bridging Ripple and Stellar. It enabled XRP to Stellar lumens trades and fiat conversions, particularly CNY. It also acted as a basic payment platform using these networks.
Structure & status
Some sources described RippleFox as decentralized, highlighting peer-to-peer aspects. In practice it was centralized or hybrid at best. Reports suggest that by early 2023, users could not access trading functions on the website, pointing to effective shutdown despite the domain being alive.
Supported assets: slim selection
RippleFox supported only a few assets - XRP, XLM and the Ultiledger token (ULT). Fiat options included CNY and EUR, though no active fiat pairs remain today.
Strengths & weaknesses at a glance
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Final verdict
RippleFox is a relic of an earlier crypto era - a gateway exchange that once served a narrow XRP-XLM niche. Its flat fee model and simple interface worked for basic use, but its decline and inactivity limit relevance today. It holds more archival than practical value. For history buffs it shows how early exchanges operated, but for live trading, modern DEXs and CEXs offer deeper liquidity, better tools and stronger trust.