Ripples To Be In Digital Wallet On March 3

Ripple To Join Digital Currency Platform On March 3-Luno

Luno disclosed that Ripple (XRP) the third-largest digital asset with a current market value of US$12.5 billion will be traded on the Luno platform on March 3, 2020.

The platform is a top-ten rated global cryptocurrency exchange and has already handled US$8 billion in transactions. Luno provides investors, traders and businesses the ability to buy, store and learn about digital currencies, in a secure and safe environment.

Commenting ,Luno  Chief Executive Officer, Marcus Swanepoel, said, “We have always limited the number of coins we offer, only listing digital currencies which have liquidity, are secure and have the utility which will benefit our clients. While cryptocurrencies are still in their infancy, coins like XRP demonstrate the benefits that blockchain based assets can offer.  It is always an exciting time for cryptocurrency but 2020 looks as though it will be another very important year for the sector as more and more people use digital coins as part of the day-to-day finances.”

Ripple was launched in 2012 and is an open source real-time gross settlement, currency exchange and remittance network, which is designed to facilitate cost-free cross-border transactions.  Ripple’s use of distributed ledger technology is seen as an ideal fit for transparent, fast and effective payments which has led to XRP being brought-in to handle international remittances in a number of banks

Luno’s 3.5 million plus users, across 40 plus countries, can already access Bitcoin (BTC), Ethereum (ETH) and Bitcoin Cash (BCH) but the demand for Ripple has grown, it  will now be available in the Luno wallet and on the exchange as of the 3rd March 2020.