UK-based service TransferGo has reportedly become the world’s first remittance operator to offer crypto trading, Bloomberg reported July 27.
TransferGo now lets customers buy and sell five major cryptocurrencies –– Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), and Litecoin (LTC).
A remittance is the transfer of money from a foreign worker to another individual across international borders.
In 2017, global remittance flows to developing countries reached a massive $466 billion.
Previously in June, Qiwi Blockchain Teсhnologies (QBT), a subsidiary of major Russian fiat payment service provider Qiwi, reportedly launched a crypto investment bank built on a “classic investment banking model.” According to the firm’s CFO, the upcoming HASH platform will start offering crypto trading services in 2019, after the company obtains necessary licensing.
TransferGo, британская компания стала первым в мире оператором денежных переводов, предлагающим торговлю криптовалютами, сообщает Bloomberg. Теперь пользователям TransferGo будут доступны операции с пятью основными цифровыми валютами — Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH) и Litecoin (LTC).
Британская компания TransferGo стала «первым в мире» сервисом денежных переводов, который предложил своим пользователям возможность покупки и продажи криптовалют. Через приложение TransferGo клиентам сервиса стали доступны биткоин, Bitcoin Cash, Ethereum, XRP и Litecoin, сообщает Finextra.
The cryptocurrency’s market price action remains choppy ahead of crucial inflation data in the United States. Bitcoin briefly dropped below $86k on Wednesday, but is now heading towards the $87k level.
XRP’s spot ETFs are sucking in roughly $50 million a day in fresh capital, hitting nearly $1 billion in inflows in under four weeks, the fastest adoption pace since Ethereum ETFs launched. Yet the token itself has cratered 11% over the past ten days and sits near $1.
XRP, the native cryptocurrency of the Ripple ecosystem, is down by less than 1% over the last 24 hours, recovering from a significant drop on Tuesday. The dump saw XRP retest the $1. 85, but it is now trading at $1.
Digital tokens remained relatively muted the past 24 hours after the latest slide. The crypto market cap saw a minor 0. 21% increase in the last day to $2. 95 trillion, with Bitcoin hovering at $86,590.
XRP price traded near critical support levels this week as the cryptocurrency attempts to recover from a recent market correction, according to market data. XRP price is trading around $1.91–1.93 today on major venues, with the Binance spot pair showing…
XRP-linked ETFs have surpassed $1B in net inflows, defying broader market dips. Ethereum sees significant downward pressure amid whale exits. Broad markets remain deteriorated due to liquidity crunches.
The XRP token stabilized after the Bureau of Labor Statistics published the latest jobs report. This report showed that the economy created 64k jobs in Nov.