The adaptation of cryptocurrencies contributes significantly to increasing trust in the cryptocurrency itself as well as blockchain technology. Ripple’s native cryptocurrency, XRP, has been trading on more than 20,000 virtual ATMs worldwide since yesterday.
XRP is considered as one of the fastest assets in the crypto scene to conveniently and efficiently transfer digital assets. Netcoins announced yesterday that XRP is now available on its crypto virtual -ATM platform and can be bought and sold in thousands of stores worldwide.
The Vancouver-based company uses enterprise software that can be installed on computers, iPads, smartphones, as well as on other Wi-Fi enabled endpoints to turn retailers into crypto-growers. The software makes it possible to accept cryptocurrencies as an alternative payment option. The tradable amounts are currently limited to $10, $20, $50 upto $100.
Netcoins is thus able to provide businesses with quick and easy access to the crypto market without the need to set up bulky virtual ATMs. According to the company, the cost of the equipment and the running costs are very low, so even smaller companies can use this service without much capital.
Ripple completes the top 3 cryptos in our portfolio and makes our platform more attractive again for other paid Altcoins. Our engineering team works perfectly and adds a working day after Litecoin.
Netcoins enables crypto-currencies to be traded through its enterprise software implementation at over 21,000 retail locations in Canada, Europe and Australia, and an over-the-counter (OTC) trading venue.
The price of XRP falls, analogous to the current market trend, and loses 17.10 percent within the last 24 hours to a price of 0.25 USD. With a market capitalization of just under USD 10.15 XRP ranks third amongst the largest cryptocurrencies in the world.