Binance Fiat-To-Crypto Exchange Launches XRP And Coinbase Wallet Adds Support For Ripple’s Digital Asset
Ripple and XRP have had a great week so far, and now the good news continues to pour.
Binance’s new fiat-to-crypto exchange which is based in Jersey is preparing to launch the digital asset.
Binance Jersey to add XRP
Binance Jersey is currently supporting the British pound and Euro trading pairs with Bitcoin (BTC) and Ethereum (ETH) across 57 jurisdictions.
The exchange has been opened due to overwhelming demand back in January, and the Binance CFO Wei Zhou said that the exchange would soon allow traders to buy XRP.
He made the announcement on Twitter.
Binance is also planning to launch ten fiat-to-crypto exchanges in 2019.
It’s also worth noting that Binance’s CEO Changpeng Zhao has just hinted at the fact that Argentina is the platform’s next stop.
Coinbase Wallet adds support for XRP
Another great news is that Coinbase users can store XRP straight into their Coinbase Wallet app.
Coinbase Wallet is already supporting Bitcoin, Ethereum, Bitcoin Cash, Ethereum Classic and more than 100,000 different ERC20 tokens and ERC721 collectibles that are built on Ethereum.
The new wallet update with XRP support will roll out to all the users on iOS and Android these next few days.
The XRP ledger requires all wallets to have a minimum balance of 20 XRP.
Ripple makes moves towards mass adoption
Ripple has been making a lot of exciting moves lately, and one of the most notable ones involves gaming.
Ripple’s investment arm Xpring and the blockchain gaming company Forte are gearing up for a $100 million fund that will bring blockchain gaming to the mainstream.
Xpring is ramping up investments these days which will definitely help boost the whole XRP ecosystem.
Ripple created Xpring back in May 2018 with the goal of offering investments and grants to entrepreneurs who will use the XRP digital asset and the XRP ledger.
Eduard Watson Author
An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.