Japanese Giant SBI Adds #Bitcoin, #XRP and #Ethereum to New Crypto Exchange, #Ripple Partner Plans to Expose 23 Million People to Cryptocurrency

December 22, 2018

 

VCTRADE, a new cryptocurrency exchange run by Japanese banking giant SBI Holdings, says it is now accepting deposits in Bitcoin (BTC), XRP and Ethereum (ETH). It is not yet clear exactly when trading will begin on the platform. SBI Holdings says it expects to onboard customers from its huge user base of more than 23 million people. “At the launch of full-scale services, expecting customer inflow from the SBI Group’s customer base of 23.47 million, specifically, SBI SECURITIES with approx. 4.26 million accounts, SBI Sumishin Net Bank with approx. 3.21 million accounts, and SBI Liquidity Market, including SBI FXTRADE, with approx. 1.05 million accounts, etc.

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About Ripple's (XRP): Built for enterprise use, XRP offers banks and payment providers a reliable, on-demand option to source liquidity for cross-border payments. Using XRP, banks can source liquidity on demand in real time without having to pre-fund nostro accounts. Payment Providers use XRP to expand reach into new markets, lower foreign exchange costs and provide faster payment settlement. XRP consistently handles 1,500 transactions per second, 24x7, and can scale to handle the same throughput as Visa. XRP's five-year track record of stable technology and governance makes it ready for institutional and enterprise use.

 

Ripple’s (XRP) can be bought with fiat dollars, debit and credit cards on cryptocurrency exchanges such as CEX.io and Changelly.com  and it can be bought with cryptocurrency on exchanges such as CoinEx, Binance, and HitBTC.

 

XRP is the 2nd largest cryptocurrency by market cap size. Its market cap is currently $14,405,726,724 and it has a circulating supply of 40,794,121,066 XRP. It's down 4.92% over the past 24 hours and is currently trading at $0.353132

 

 

Click here to buy and sell Ripple at up to 50x leverage

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