Fast & secure conversion of Ripple’s XRP to Euro is now possible with XRParrot
XRParrot is reportedly offering fast and secure Ripple’s XRP to Euro conversion. This new website will help users to buy and sell Ripple’s XRP for Euro easily.
The information was shared by the creator of XRP tipbot Wietse Wind. In the future, more functions will be added to support other fiat currencies. Generally, Wietse Wind creates services that are easy to use, providing the users with an easy and smooth experience such as the cryptocurrency online wallet, the XRP Tip Bot, or browsing information, statistics on the XRP Ledger among other things that he created, BitcoinExchangeGuide reported.
For using the new service, users need to enter their mobile number, the source IBAN from the bank account and the XRP wallet user uses to send the funds. After which the information is to be confirmed, and then activate the transfer to receive XRP in the wallet.
The easy transition from Euros to XRP will be with the best possible rates and lowest fees. The entire process is automated and no human intervention is not needed. The process is automated soon after the user activates and confirms the transfer.
Moreover, different wallets can be used by the uses. Websites such as XRParrot are able to connect with these banks using IBAN and a telephone number. Moreover, Wietse Wind mentioned that the website will also allow the users to create a periodic withdrawal from bank accounts to specific wallets.
Moreover, IBAN transfers are for free for customers; therefore, the fees taken will be reduced, compared to any other financial services. Reportedly, XRParrot will charge just €1 for per transfer and 0.3% platform fee. Apart from these, the advantage is since XRP is immediately sent to the wallet of the user, no withdrawal fee is required. As compared to other fiat-to-crypto transactions, the service has lower fees than most of the other, meaning it is a very good option for users in Europe.
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