Altcoins News

Ripple [XRP] launched on Philippines exchange Coins.ph

XRP has been continuously adapting growth and success now, one more is added to the list. According to an official news released it has been stated that Coins.ph, a financial service platform located at the Philippines has announced that XRP has been successfully added to their platform in order to enhance the payment system.

The platform consists of millions of users and is now allowing XRP for making payments to their customers and investors in place of the other normal fiat currencies.

Coins.ph enable many features including providing the payment system, mobile top-ups, net shopping, transfer of wallet and so far. The platform uses blockchain technologies that help them to utilize digital currency with minimum cost and also planning to extend to the unbanked sector of Philippines.

The company is hoping that by introducing XRP on platform 20 million more customers will get attracted on board by 2020. At the initial stage, the company regulated only with Bitcoin (BTC) but gradually started promoting other services too.

In a recent press conference, Clin Goltra, the head of Coins.ph of cryptocurrencies stated that initially the availability of the XRP is limited and allowed to selected members on the just Android app. He further stated that the team is working hard to gather more relevant data and doing their best to assist XRP.

In response to this one of the person tweeted that “it is a fantastic news, this will help to make payment comparatively faster and at cheaper rates to you as well as your family”. The company also allowed customers to make payments of their bills by using Bitcoin [BTC], Ethereum [ETH] and Bitcoin Cash [BTC].

So far, XRP has secured its place on Android app only but soon will reach every corner of the platform.
There are many other companies that get linked with Ripple also, for example, TransferGo, this allowed the platform to regulate with XRP as well as many other cryptocurrencies.

As we know that XRP has also faced many issues but not lacked in achieving its target and has proved to be one of the best-regulating platforms.

It has been able to get itself marked on a third number of the digital currencies list in the market and working hard to hold that place. XRP currently was added to Coinbase Pro and is also planning to land in Coinbase.com in near future.

Share
Published by
Tags: RippleXRP

Recent Posts

Coinbase to List Pyth Network (PYTH) on Solana: Trading Begins February 20, 2025

Coinbase has announced its plans to add support for Pyth Network (PYTH) on the Solana…

2 weeks ago

Canary Capital Launches Canary AXL Trust, Expanding Institutional Access to Blockchain Connectivity

Canary Capital, a leading digital asset-focused investment firm, has announced the launch of the Canary…

2 weeks ago

Argentina’s President Milei Faces Backlash Over $LIBRA Token Crash

In a recent and rapidly unfolding controversy, Argentine President Javier Milei has come under intense…

2 weeks ago

FTX to Begin Creditor Repayments in February 2025

After more than two years of legal proceedings following its dramatic collapse, cryptocurrency exchange FTX…

4 weeks ago

India Imposes Tax Penalties of Up to 70% on Undisclosed Crypto Gains

The Indian government has introduced stringent tax regulations targeting undisclosed cryptocurrency gains, imposing penalties of…

4 weeks ago

El Salvador: The Rise and Fall of Bitcoin as Legal Tender

El Salvador made history in September 2021 by becoming the first country in the world…

1 month ago

This website uses cookies.