XRP (XRP) Reaches Thousands of Stores Around The World With Netcoins Virtual Crypto ATMs Platform
XRP (XRP) was listed yesterday on Netcoins, a platform of virtual crypto ATMs, and reached thousands of stores around the world. This announcement represents yet another excellent news for the Ripple’s XRP crypto token adoption, and it comes in a moment when the bearish sentiment surrounding the cryptocurrency market impacted considerably on the XRP.
“It’s an exciting Monday! We’ve listed Ripple (XRP), available for immediate purchase, via our OTC Private Brokerage Services business and our 21000+ retail locations in Australia, Europe, and Canada,” reads the official Netcoins announcement on Twitter.
Netcoins is a Vancouver-based company that operates a software which can be installed on laptops, smartphones, tablets, and any other devices with WiFi connectivity. Netcoins permits every retailer to become cryptocurrencies resellers by turning WiFi-enabled devices in virtual crypto ATMs, rather than installing ATM hardware.
Netcoins’ virtual crypto ATMs sell cryptocurrencies in $10, $20, $50 and $100 denominations.
The employment of such technology also benefits the retailers, who earn a commission every time a transaction is carried out, and can also use the platform to attract crypto enthusiasts that want to buy cryptos with fiat but they don’t want to struggle with cryptocurrency exchange platforms.
Every buyer, upon each cryptocurrency purchase, will get an email detailing the transaction and the wallet address where the bought cryptocurrency is stored.
How is the XRP (XRP) doing in the market?
Any news on XRP (XRP) adoption in excellent for the Ripple’s token which, in the last period, is surrounded by the very positive news. However, all this positivity is not enough to skyrocket the XRP which is now struggling below the $0.30 mark after the recent cryptocurrencies market fall impacted XRP (XRP) the most.
At the moment of this writing, XRP (XRP) trades at $0.26 after dropping by about 15% in the last 24 hours. In the previous seven days, Ripple’ XRP crypto token shed more than 36%.
Andreas Townsend Author
I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.