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PayBito Adds Ripple’s XRP to its Cryptocurrency Exchange

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PayBito recently notified users that it has added Ripple XRP to the cryptocurrency exchange platform. The firm said it is adding XRP crypto asset that operates on RippleNet which is the real-time gross settlement system (RTGS) and payment network. XRP ledger technology is the technology behind the open-source distributed ledger system for RipleNet.

The crypto-asset is designed to be faster, reduced cost, and a reduced block size which makes it an alternative from other crypto assets as well as traditional monetary, and payment platforms.

“XRP provides trader and financial institutions with the most reliable and fastest option to source liquidity on demand. it is a digital asset that is built for payment, native to the XRP ledger”

Highlighting the importance of the adding XRP, Raj Chowdhury, Managing Director of Paybito Exchanges said:

“The addition of new coins helps us to serve our users better by allowing them easy access to varied trading options. It also encourage people to diversify their crypto portfolio which ultimately benefits the mainstream adoption and growth of cryptocurrencies and crypto trading”

Secure Storage: Paybito uses the security standards used by the largest Banks and financial institutions to secure your digital assets, such as a 3-point architecture, a multi-signature cold wallet and an encrypted hot wallet among others

Mobile App: Keep tab on your portfolio on the go with PayBito Android and iOS mobile apps

Trade: Do not limit yourself to buy/sell of cryptocurrency. Take advantage of the many orders types available on the platform and trade like a pro

PayBito is a United-State based cryptocurrency asset trading platform founded in 2017. The platform was designed by a team of experienced professionals in Banking security systems, Cryptocurrency trading, and Blockchain technology.

Read also: Facebooks’s Libra and the digital yuan are transforming money


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