Romanian Exchange Now Offers Support for Ripple(XRP)
CoinFlux, a Romania-based bitcoin and cryptocurrency exchange has announced that it will from now on offer support of trading Ripple’s native digital coin- XRP. Traders that wish to transact with XRP on the exchange are required to have minimum transaction value of EUR 20.
“By popular demand, we have added Ripple trading on CoinFlux.
In order to buy/sell Ripple via CoinFlux you’ll need an active account. The minimum transaction value is EUR 20,” read a post made on the company’s Medium blog.
Ripple is a settlement system, currency exchange and remittance network created which was developed by the same company. Also known as the Ripple Transaction Protocol (RTXP) or Ripple protocol, it was created on a distributed open source internet protocol, consensus ledger, and its native crypto asset is known as XRP.
Their network is predominantly used by financial institutions and payment services. Said institutions and providers are connected via Ripple’s distributed ledger technology and consistent ruleset. The network runs real-time, traceable payments on a global level.
After several weeks of tests, the CoinFlux team recommended its users who were searching for a suitable XRP wallet to use Toast Wallet. The wallet is free, open source, and is compatible with the major operating systems.
CoinFlux is the biggest crypto coin exchange platform in Romania. It was established in 2015 with its headquarters in the city of Cluj. It has recently reinvented its visual design and brand for the company. The new layout, colors, and themes were implemented especially to make the site more useful to its users.
The company provides its traders with a navigable platform and a transfer medium between cryptocurrencies and the local fiat currency maned the Leu or RON. They also offer convenient RON and SEPA payments to banks that operate in the EU. In addition to XRP, CoinFlux offers trading support for BTC, ETH, ETC, and LTC.