Revolut added Ripple to its app allowing users to buy, hold and sell the cryptocurrency. With a wide audience reach, Revolut would help Ripple reach even the non-crypto users which took a further push as Ashton Kutcher made $4 million worth of donation via Ripple in Ellen DeGeneres show.
Revolut adds Ripple: Now, buy, hold & sell Ripple on Revolut app
Today, London-based Revolut, added Ripple to its App. A digital banking alternative, Revolut launched the cryptocurrency feature in December 2017. The app allows the users to change fiat currency into cryptocurrency.
Bitcoin, Ethereum, and Litecoin are already added to the app. Now, the app added Ripple and Bitcoin Cash allowing the users to buy, hold and sell these digital currencies as well.
With 25 fiat currencies available for exchange, the app alerts the user whenever a crypto hits a certain value.
The co-founder and CTO of Revolut, Vlad Yatsenko, stated:
“We’ve been asking the Revolut community which Cryptocurrencies they would like to see next, and the demand for both XRP and Bitcoin Cash has been absolutely overwhelming. After months of negotiations and development work, we’re incredibly excited to offer exposure to these two digital currencies to the UK market.”
Currently, it carries out about 100,000 crypto transactions daily with 1.5% exchange fee. Cryptocurrencies are increasingly on its way to becoming mainstream with the rise in customer demand.
With the latest XRP and BCH additions, Revolut is making way for a wider audience along with those that might not be that enthusiastic or accepting of cryptocurrencies.
Also, read: Tron (TRX) Gaining Popularity while Attracting Big Names for Tron SR
Ripple finds a new fan in Ashton Kutcher, donates $4 mln to charity at Ellen DeGeneres
Ripple made a star appearance at the famous US TV Show, Ellen DeGeneres. Actor Ashton Kutcher donated $4,000,000 worth of XRP tokens to the Wildlife charity supporting Gorilla conservation project, owned by Ellen.
Kutcher praised and explained the process that was done through Ripple by utilizing the XRP platform. He further mentioned how in a matter of seconds the payment can be made directly into the charity account.
Back in March, this year itself, Ripple donated $29 million for the development of the US public schools. Ripple technology is popular for creating products like xRapid, xVia and xCurrent that aims to become the Value of Internet by providing speedier and low-cost cross-border payments.
Currently, Ripple is experiencing the blues at $0.613 along with the entire cryptocurrency market as prices are down by large margins.
What are your views on the continuous developments Ripple is making while introducing the cryptocurrencies to the non-crypto world? Share your thoughts with us!
Disclaimer The views, opinions, positions or strategies expressed by the authors and those providing comments are theirs alone, and do not necessarily reflect the views, opinions, positions or strategies of CoinGape. Do your market research before investing in cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.
Being an active participant in the Blockchain world, I always look forward to engage with opportunities where I could share my love towards digital transformation.
