CoinFlip, the leading Bitcoin (BTC) ATM operator, has recently integrated Ripple Lab’s associated XRP tokens on its Order Desk. This integration provides investors with the opportunity to purchase XRP on CoinFlip’s platform, which not only offers market insights but also gives access to personalized client managers who can guide customers through the purchase process and answer any questions they may have.
Ben Weiss, the CEO and co-founder of CoinFlip, expressed his excitement about the integration, stating that it was a natural step for them to expand their offerings to include XRP due to the exponential increase in demand for the token. CoinFlip aims to make cryptocurrency accessible to everyone and believes that adding XRP to their platform will empower individuals with another powerful tool to navigate the evolving digital economy.
This integration comes after a federal judge ruled that XRP is not a security. The victory over the United States Securities and Exchange Commission (SEC) has led to a bullish recovery streak for XRP, with many platforms that had delisted the token during the lawsuit now relisting it.
One platform that quietly relisted XRP after the judge’s ruling was BitBuy, a Canadian-based crypto firm. This made BitBuy the second platform to reinstate XRP, following Newton, another Canadian exchange that relisted XRP in November 2022. Additionally, American cryptocurrency exchange Coinbase, which had removed XRP from its platform over two years ago, confirmed its plans to relist the token. The relisting on these platforms included XRP trading pairs like XRP-USD, XRP-USDT, and XRP-EUR, generating renewed interest in XRP among investors and crypto enthusiasts.
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The price of XRP has seen a significant surge since its partial victory against the SEC. Initially, the price of the crypto exploded by more than 30 percent, reaching $0.59. Within hours after the ruling, the XRP token experienced a 70 percent price rally, with its market cap settling at $42 billion and its price trading at $0.78.
Currently, XRP is trying to trade at $0.6274 after several price fluctuations. However, many crypto enthusiasts still have confidence in XRP, considering it a cost-effective token that reduces transaction time and serves as an efficient alternative for cross-border payments.
With the integration of XRP on CoinFlip’s platform and the relisting of the token on various cryptocurrency exchanges, XRP’s accessibility and popularity are on the rise. This integration is not only a testament to the growing demand for XRP but also a reflection of the increasing acceptance and recognition of cryptocurrencies in general.
It is important to note that crypto investments carry risks, and readers should conduct their own research and exercise caution before taking any actions related to cryptocurrencies. Crypto News Flash does not endorse or take responsibility for any content, accuracy, quality, advertising, products, or other materials mentioned in this article.
