Ripple Leverages BitGo Partnership to List XRP on Six New Platforms

Ripple has announced that it has expanded its partnership with BitGo and will list XRP, now the second most valuable cryptocurrency, on several Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term asset exchanges including: Bitso, Coinone, bitbank, and SCI’s BuyBitcoin. Ripple’s XRP now has a market cap of $13.5 billion, up from $1.5 billion in early April.

The London Summit 2017 is coming, get involved!

Additionally revealed by Ripple was that AlphaPoint will be adding XRP to its platform so that its exchange customers can easily list XRP, and separately, Quoine’s QRYPTO exchange expects to list XRP in Q2 2017. SBI Virtual Currencies also plans to list XRP later this year.

“Listing XRP on several new exchanges reduces the friction for our customers to send Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term into these rapidly growing markets,” notes Asheesh Birla, VP of Product at Ripple. “Within hours our customers can get-up-and-running with payments into a new country.”

BitGo co-founder and CEO Mike Belshe, commenting on the announcement, said: “Ripple’s momentum in making cross-border payments a reality with XRP is palpable. We’re excited to be working with Ripple, and we’re proud to have been selected by them to help exchanges and their users secure XRP. We expect 2017 will be a very strong year for XRP.”

Yesterday we reported that the multi-regulated international forex and CFD broker AvaTrade announced that it is adding three rising bitcoin alternatives (altcoins), Ethereum, Dash and Ripple’s XRP, to its cryptocurrency trading portfolio.

Earlier this year the multi-signature wallets technology provider BitGo was selected by Ripple to provide advanced treasury management and additional enterprise functionality for XRP.

Kraken

Kraken exchange also announced the addition of new pairs for trading between XRP and four fiat currencies: EUR, USD, JPY, and CAD.

The company says that the expansion of XRP trading options comes after a sixfold gain in average daily XRP trade volumes on Kraken in recent months.