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XRParrot is Here while 2nd Largest Crypto Receives a Huge Wave of Support

Achal Arya
November 16, 2018 Updated April 17, 2019
Achal Arya

Achal Arya

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Achal Arya is a digital product designer and an entrepreneur. He did his masters degree in design from IIT Hyderabad and has a bachelors degree in Computer Science. He works in the Web3 domain and manages new developments at CoinGape. Follow him on X at @arya_achal or reach him at achal[at]coingape.com.
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CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
XRParrot

XRParrot by Wieste Wind to turn the fiat into XRP is here while the $19 billion market cap cryptocurrency is gaining huge support from exchanges and other establishments as they add support for XRP.

XRParrot: Turn your Fiat to XRP

XRParrot, created by XRP enthusiast, Wieste Wind who also created XRP Tip Bot has finally unveiled the site of XRParrot that until now has been showing a coming soon sign.

XRParrot

According to the website, it is registered as an official business in the Netherlands. XRParrot is created with the purpose to make it easier for people in Europe (with an IBAN bank account) to acquire XRP.

As for the fees, it states, “After receiving your funds 0.5% with a minimum of €1 will be charged. The remaining amount will be exchanged and sent to your XRP destination account.” The FAQs section of the website provides more information on related matters.

Liquidity gets a Huge Boost

In the past few days, a flurry of cryptocurrency exchanges from all over the world has been adding XRP to their platform.

XRP is slowly making its way in the Thailand market as just a few days back, Thailand-based exchange, TOK supported XRP/BTC pair and now Bangkok-based Bitkub is adding 2nd largest crypto to its platform that for now has only six cryptos.

Denmark-based Blockchain Nordic Exchange and Shardax that provides referral system, instant trading and withdrawals have secured XRP as well. Crypto hardware wallet for smartphones, Xeeda is also supporting XRP along with other coins.

H&B, an upcoming exchange that will launch by the end of March, next year will also be listing a number of digital currencies along with XRP as shared by XRP enthusiast Leonidas on Twitter.

While, Singapore-based Paycent, a financial platform that aims to deliver a seamless payment process for customers and merchants alike across countries will be supporting XRP from next month.

The first crypto ATM in Zurich is offering the buy and sell option for Bitcoin, Ether, Litecoin, and XRP. Raphael Scalise, CEO of Värdex Suisse, Swiss crypto ATM network operator has been quoted by the local media channel as saying, “We are seeing an increasing demand for our payment and blockchain services, and more and more from Swiss banks. We intend to further expand our existing blockchain ATM network and steadily expand the entire product portfolio for blockchain and payment services.”

Not to forget the fact that Ripple just announced ASEAN’s fifth largest bank, CIMB Group (CIMB or the Group) is joining RippleNet to enable instant cross-border payments. Moreover, just recently, Coinbase Custody officially added XRP to its supported asset, however trading support is yet to come.

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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About Author
About Author
Achal Arya is a digital product designer and an entrepreneur. He did his masters degree in design from IIT Hyderabad and has a bachelors degree in Computer Science. He works in the Web3 domain and manages new developments at CoinGape. Follow him on X at @arya_achal or reach him at achal[at]coingape.com.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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