Wirex receives $2 million worth Ripple’s XRP deposits in 12 hours
Wirex, a crypto debit card company posted on Twitter that it received $2 million worth deposits in XRP by the Ripple community. Such a huge amount of deposit in a relatively small time span suggests that the Ripple community grasped the opportunity to make real world expenses in XRP.
The world of crypto news has recently erupted due to the post by Wirex on a popular social media platform. On 25th July, 2018 Wirex, this debit card company based on cryptocurrency has published a Twitter post expressing their happiness on this event.
In a span of only 12 hours, a massive deposition of $2 million in XRP has successfully taken place on Wirex. This crypto debit card enterprise largely draws attention of the users by enabling them to carry out transactions and make expenses with MasterCard and Visa. Now, the users are provided with the scope of selling, purchasing, depositing and exchanging in XRP using Wirex wallets.
— Wirex (@wirexapp) July 25, 2018
Uses of Wirex XRP Wallet
The wallet facilitates the customers with a number of beneficial purposes for them. Firstly, it includes buying, selling, depositing and exchanging of Ripple’s XRP in app. The second usage involves conversion of these digital currencies to fiat currencies and leveraging Wirex card for making the expenses. Thirdly, the usage of Wirex XRP wallet includes free transfer of cryptocurrencies between its users. Fourthly, the benefit involves exchanging 50 altcoins supported with the mentioned tokens. And finally, the last purpose is carrying out exchange between Bitcoin [BTC], U.S. dollars, EUR, GBP and Litecoin [LTC].
The crypto debit card accommodates digital currencies exceeding fifty and are extensively available in nationals of European Economic Area. This group of nations include Austria, Bulgaria, Germany, Denmark, Cyrus, Germany, Greece, Hungary, Italy, Iceland, Estonia, Belgium, Finland and Ireland. Another series of nations involve Czech Repulblic, Latvia, Norway, Luxembourg, Latvia, United Kingdom, Romania, Norway, Malta, Portugal, Sweden, Poland, Spain and Slovakia.
Recently, Ripple has given a confirmation for the sales of these tokens in the second quarter of the year that exceeded half the mark with a growth in customer base. Furthermore, the crypto coins may also become a payment option in the near future for Samsung in few of the Baltic States.
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Image via Twitter
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