- Top ATM services provider CoinFlip has integrated XRP.
- This integration marks a unique push that shows XRP’s growing accessibility.
Leading Bitcoin (BTC) ATM operator CoinFlip has integrated Ripple Lab’s associated XRP tokens on its Order Desk. This means that investors would be able to purchase the token on its platform which provides insights into the market and complimentary access to personalized client managers.
These client managers walk customers through the step-by-step step process of making a purchase based on the customer’s previous knowledge or experience with crypto. At the same time, they provide answers to any question posed.
Ben Weiss, the Chief Executive Officer (CEO) and co-founder of CoinFlip said “Following an exponential increase in demand for the token, it was only natural for us to expand our offerings to include XRP. We are excited to further empower individuals with yet another powerful tool to navigate the evolving digital economy as we strive to make cryptocurrency accessible to everyone.”
It is worth noting that this move comes after a federal judge ruled that XRP is not security. Right after Ripple gain victory over the United States Securities and Exchange Commission (SEC) on the classification of XRP as securities, the token has been on a bullish recovery streak. Many of the platforms that delisted XRP in the heat of its lawsuit with the SEC have since relisted the token.
Crypto Exchanges Relist XRP; Price Surge Over 70%
XRP community influencer and founder of Gold Squad Mason Versluis brought the attention of the public to the fact that Canadian-based crypto firm BitBuy had quietly relisted XRP just when Judge Torres’s ruling was issued. This made it the second platform to reinstate the XRP token after Newton, another Canadian exchange that relisted XRP in November 2022.
Shortly after Judge Torres made the much-anticipated declaration about XRP,
American cryptocurrency exchange Coinbase removed the token from its platform more than two years ago, and Kraken confirmed its plans to relist XRP.
The relisting on these platforms included XRP trading pairs like XRP-USD, XRP-USDT, and XRP-EUR. The announcement sent a wave of renewed interest in XRP amongst investors and other crypto enthusiasts.
Apart from the relisting of XRP on several cryptocurrency trading platforms, the price of the token has seen a significant surge since its partial victory against the U.S. regulator. At first, the price of the crypto exploded by more than 30 percent, reaching $0.59. In a few hours after the ruling, the XRP token registered up to a 70 percent price rally with its market cap settling down to $42 billion and its price, trading at $0.78.
Fast forward to the present day, XRP has recorded several price fluctuations and is currently trying to trade at $0.6274. Many crypto enthusiasts are still confident in XRP, perceiving it as a cost-effective token that effectively reduces transaction time. Ultimately, it is seen as an efficient alternative for cross-border payments.
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