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Ripple (XRP) To Soon Be Available In The Philippines Through This Platform

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The Ripple website’s buyer’s guide lists all the exchanges that a trader can buy XRP. The list includes the popular exchanges of Bitstamp, Kraken, Coinone, Bitso, Coincheck, Korbit, Qryptos, Bitbank, Bitsane, BTC Markets, LiteBit, Bitcoin Co. Ltd, Gatehub, bitcoin.co.id, CEX.io, BitOasis and SBI Virtual Currencies.

Many Ripplers already know that the SBI Virtual Currencies exchange went live only a few days ago. In the announcement, the SBI Group wants XRP to be the centerpiece for the trading platform. The exchange went ahead and listed XRP as the only digital asset that will be available at first.

The exchange has since added Bitcoin (BTC) and Bitcoin Cash (BCH) to the website’s buyers guide on cryptocurrencies. Further investigations yield that the exchange will allow pre-registered users to start trading in the new cryptocurrencies as early as Monday 18th of June. All three cryptocurrencies of XRP, BTC, and BCH will be paired against the Japanese Yen.

Revisiting the Ripple buyers guide once again, yields an exchange or platform that has been listed as ‘coming soon’.

SBI Virtual Currencies next to a ‘coming soon’ exchange on the Ripple website’s buyers guide

This new platform that XRP will be listed on, is known as Satoshi Citadel Industries (SCI). A quick google search indicates that the platform is based in the Philippines. SCI deals with payment processing as well as international remittances. The latter is a field XRP has specialized in, making the listing on SCI even more exciting.

SCI also deals with mobile money payments and currently has an app known as Rebit that works on the Bitcoin network. Rebit allows users to transfer funds globally as well as other payments such as payroll, payment of monthly bills and loading mobile phones with prepaid talk time. Perhaps SCI and Ripple will come up with an xCurrent powered app similar to the one showcased by Santander only a few weeks ago.

Back in May last year, SCI had declared their intentions of listing XRP on their platform. In the announcement, they said that:

“SCI will soon start supporting Ripple’s XRP across several of our services. Starting with Buybitcoin.ph, our users will be able to buy and sell XRP with Philippine Pesos fast, safe, and easy, with support on Rebit.ph for remittances and Bitbit.cash for mobile money to follow in future integrations.”

As soon as SCI integrates XRP, then the liquidity of the coin would have expanded to another global powerhouse in mobile App remittances. The sky is the limit for Ripple in the remittance industry.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Reasons Why You Are Much Safer When Crypto Trading on Dexes

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While many cryptocurrencies aim to bring the change to the world by bringing full decentralization, one aspect of the crypto space still remains mostly centralized, and that is the way they are exchanged. Most crypto exchanges are centralized companies, where traders and investors need to deposit their coins for safekeeping. This is a risky way to handle the funds, as exchanges remain susceptible to hacks and theft, as many realized recently, after the hack of the world’s largest exchange by trading volume, Binance.

During the hack, around 7,000 BTC (over $40 million) was taken, and sent to multiple wallets, never to be seen again — for now, at least. The hack also came as quite a shock, as Binance was known for its efficiency, security, and high levels of confidence. It also made people realize that their coins are not really theirs if they need to rely on third parties, such as exchanges, to keep them safe. As a result, many are now turning away from centralized exchanges, and are heading towards decentralized ones — also known as DEXes.

Here are some reasons why you might want to consider doing the same.

1. True ownership of your coins

The crypto community has a saying: “not your keys, not your coins.” The saying is now more relevant than ever, but it does not apply on DEXes. Decentralized exchanges

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Crypto Billionaire Predicts Massive Price Growth by 2021

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Crypto prices are once again going up, and Bitcoin has just passed a major resistance level at $6,000. With a situation like that, it is not surprising that everyone in the crypto community is looking forward to the future, wondering what to expect in years to come. Many experts have already given their predictions, some more optimistic than others, but almost all bullish.

Crypto billionaire Mike Novogratz has always been very supportive of cryptocurrencies, and very bullish on Bitcoin. He recently stated that he sees the coins’ prices triple in the following 18 months, meaning that Bitcoin’s return to $20,000 might not be far away, according to him.

He noted that Bitcoin is back to $6,000 after its price hit as low as $3,100 only a few months ago. These days, Novogratz does not believe Bitcoin will return to such lows unless there is a devastating exchange hack or a major shift in regulations. Of course, there was a big hack that had the potential to damage the coin’s price, only days ago. The world’s largest crypto exchange by trading volume, Binance, saw a significant security breach which resulted in a theft of 7,000 BTC.

However, so far, the coin did not react negatively to this incident. While Novogratz believed that such an event would shatter the new confidence in BTC, it simply did not happen. However, he…

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Altcoins

TokenRoll (TKR) Platform Will Take Online Casinos to the Next Level

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Corporate executives are turning to blockchain technology more than ever in an attempt to revolutionize the business world.  Although blockchain is still a relatively new concept, that hasn’t stopped more and more companies from jumping on the bandwagon.  This hot new technology has quickly gained a reputation for providing greater transparency, enhanced security, improved traceability, increased efficiency, and low costs.  One industry that could certainly benefit from decentralization is the online gambling market, specifically, online casinos.  TokenRoll (TKR) has developed a platform that appears to offer a promising alternative to centralized casinos.

Problems with Centralized Casinos

The primary reason why blockchain technology is being implemented so quickly is because it solves a lot of the problems typically associated with the traditional business model.  And online casinos are no different.  It still needs to be said that centralized casinos have proven that there is a great demand for online gambling.  The market is growing faster than anyone could have predicted, and future opportunities appear very promising and lucrative.  But industries are continually evolving and this one is no different.

A few of the problems facing centralized casinos include the following:

  • Little to no transparency
  • Consumer lack of confidence
  • Privacy concerns
  • 48-72 hour wait time for withdrawals

These are four monumental issues that need to be addressed quickly given the global growth of the market.  Casinos need to…

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