Ripple’s XRP on adoption spree; Toronto-based Coinberry adds cryptocurrency
Coinberry, the Toronto-based, FINTRAC-registered cryptocurrency trading platform, announced the addition of XRP, a cryptocurrency on a massive adoption run lately. With the latest development, Coinberry has enabled the trading of all four of the world’s largest digital assets, on its trading platform.
Ripple’s native token has witnessed widespread adoption, both by institutional players like banking establishments, and payment networks, who plan to leverage its speed and scalability. In a recent poll by UK-based firm, PayGlobal, XRP was voted as the most sought-after crypto by the community. This resulted in the payment company prioritizing the digital coin, XRP, over other cryptocurrencies.
The coin further gained popularity and wider access after being added by exchanges like Binance and Coinbase. Last week CZ’s Binance announced support for XRP on its Trust Wallet, which already had support for Bitcoin [BTC], Ethereum [ETH], Litecoin [LTC], Bitcoin Cash [BCH] and other ERC 20 tokens. This enabled the exchange’s wallet users to access the digital coin via credit card.
Coinbase and Coinbase Pro had previously listed support for XRP on its platform, along with other major crypto assets such as Bitcoin [BTC] and Ethereum [ETH], following the launch of its new Wallet App.
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