Ripple’s XRP enters BitOasis

Global demand for Ripple’s asset is soaring despite the current lower price
29 January 2018   593

UAE’s top cryptocurrency exchange platform will open deals for Ripple’s XRP later this week, on January, 30th. Those interested in the purchase can acquire the token via AED wire transfers or UAE-issued credit cards. With the Ripple’s native asset, the exchange can now offer 3 cryptocurrencies with Bitcoin and Ethereum.

Earlier this month, around January, 10th NBD, Dubai’s biggest bank, halted the transactions of major cryptocurrency platforms, including BitOasis, hiding behind such statements as “some transactions associated with Bitcoin may be rejected by Emirates NBD or as a result of rejections by other domestic or international correspondent banks due to policies, systems and controls to detect and prevent financial crime including money laundering, terrorist financing and breaches of international sanctions.”

On a side note, another UAE’s bank RAK has partnered with Ripple in order to enable instant payments in India. The bank is going to launch instant, frictionless and secure money transfer services to India’s Axis Bank clients.

In conclusion, international payments are reshaping. And certainly blockchain technology proves it is next step in evolution of the system.

Ripple gets full support at Uphold

Financial services provider Uphold is expanding its crypto assets portfolio and will enable full support of XRP that goes live on May 24
21 May 2018   136

The former digital money platform known as BitReserve – currently branded as Uphold is looking forward to expanding its crypto offering even more. This time a full support of Ripple's XRP is rolling out on the platform on May 24. Back in March a member poll was conducted to decide the next token to support on the platform.

Ripple won with an overwhelming majority and was enabled to be traded by Uphold users from the corresponding wallets. There was even a zero-fee campaign for the first 5 mln XRP purchased to celebrate the launch. Now the full support is incoming with clients being able to trade using any wallets.

We are thrilled to announce that starting today Uphold members have access to buy and sell XRP right from their Uphold wallet. For a limited time and in celebration of this launch, Uphold is offering ZERO fees for the first 5M XRP purchased*.

This is another important milestone for our members and for Uphold as XRP is one of the fastest growing digital assets and the third most valuable cryptocurrency with a market cap of $24,838,048,184.


Uphold statement from March 30

Uphold serves 184+ countries with 30+ currencies (both traditional and crypto) and commodities providing frictionless foreign exchange and cross-border remittance around the world. The service combines a platform app model with payment connectivity to offer financial services to a global market.