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Why You Should Invest More In Ripple (XRP) In The Current Market

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Released in 2012, Ripple is a real-time gross settlement system (RTGS), currency exchange and remittance network. It is also known as Ripple Transaction Protocol (RTXP) or Ripple protocol. This coin is based on a shared and public database or ledger. This coin is widely used by many reputed companies such as Unicredit, UBS, and Santander and it is also adopted by banks and payment networks.  According to the cryptocurrency market experts, Ripple has a number of advantages over other important cryptocurrencies like bitcoin.

It is true that Ripple is one of the most popular coins in the realm of cryptocurrencies. It is a kind of cross-border payment system without any sort of drawbacks like longer transaction times and high rate of fees. However, the current market environment is valuing the price of the Ripple (XRP) way too cheap. Based on estimations made by crypto market experts, the future of Ripple is quite bright in the coming years. Some of the important reasons to buy Ripple are discussed below:

Reasons to Invest in Ripple:

Although the price of ripple is a bit low yet it is the ideal time of investing in Ripple. The reasons are discussed below:

  1. The partnership of Ripple with Bithum-Korea Pay Service:

Bithum is considered as South Korea’s biggest cryptocurrency exchange and its recent partnership with the Korea Pay Service boosts the value of a Ripple in the near future. This recent news actually attracts more investors to spend on the crypto token in South Korea. The increased use of Bithum actually increases the volume of XRP trading. It is the South Korean traders who anticipated 100 % surge in Ripple price a few months earlier and there is a huge possibility that the same might happen again.

  1. London Block Exchange and Uphold Prefer Ripple:

Uphold, a well-known crypto bank provides you the opportunity to buy and hold Ripple without any transaction fee and you can convert it to 23 fiat currencies and 7 other cryptocurrencies. You also have the opportunity of converting it in 4 precious metals. London Block Exchange, UK’s only crypto exchange also added Ripple. This results in price surge of Ripple and there is a great expectation that your investment in Ripple will surely pay you huge dividends.

  1. Ripple, identified as a suitable solution by the Central Bank of Netherlands:

Ripple is used as a payment system by the two German and American banks and there are many well-known financial institutions that are experimenting with the Ripple and its network. Ripple is also identified by Netherland’s Central Bank as a suitable solution to have a more efficient payment system.

  1. Ripple’s partnership with Western Union:

Ripple has entered the trillion dollar industry. In the month of January Ripple CEO, Brad Garlinghouse declared its partnership with top three money transfer companies. Western Union is one of them, and its partnership with Ripple helps both in creating a solution for users all over the world. Western Union app has made the system more user-friendly by allowing the users to send funds to more than 500,000 agent locations around the world. This 24X7 service also provides the users the opportunity to transfer funds in a quick and secure way. This app in fact goes on live in Jamaica also.

  1. Holding of coins will further raise the price:

Ripple (XRP) is in the news for quite some time because of its frequent association with big entities from all over the world. The only reason why the prices are still low is that the three payment settlement software which is used by Ripple does not use XRP coins. However, according to the views of the cryptocurrency market experts, Ripple will see a great boom in near future.

Conclusion

Thus, Ripple has a bright future. The investors who have realized this are trying to buy and HODL on to their coins. This, it will drive the price of Ripple as the circulation will come down. On the other hand, a lot of promotions have been made by the Ripple investors. If the partner organizations start using Ripple coins then the price rate will become higher instantly.

These are some important reasons, why you should buy Ripple (XRP) right now as the price is quite affordable. An opportunity like this is really rare and you should grab this instantly. According to crypto market expert’s predictions, the coin will grow at a breathtaking pace.

We will be updating our subscribers as soon as we know more. For the latest on XRP, sign up below!

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.

Image courtesy of Jim Makos

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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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