Transfer Go is now allowing its customers to purchase Bitcoin, Bitcoin classic, Ethereum, Ripple, and also Litecoin. The company counts a significant 650,000 customers in its base of clientele. The CEO and Founder of TransferGo is Daumantas Dvilinskas. His firm allows the crypto buying features on its Android and iOS apps due to incredibly high demand from customers. He shared the argument behind allowing the major cryptocurrencies to be a part of their network.
“The reason why we launched crypto to the world is because our clients wanted it… With over 4,000 users signing up in the first few hours…We can see there is a strong demand in the market for a simple and reliable investment and trading solution.”
TransferGo Participates in the RippleNet
The next step forward will be for their traditional platform clients to be capable of withdrawing and also depositing cryptocurrencies. TransferGo counts itself among the customers of RippleNet as well. This is the proprietary worldwide bank and payment processing network managed by Ripple directly. They utilize the Interledger protocol that makes it possible for them to dispatch payments across national boundaries.
Ripple Claims It’s Technology Is Superior to Bitcoin’s Blockchain
Cory Johnson, Ripple Chief Marketing Strategist, recently challenged the technology underlying the kingpin BTC in an interview on Fox Business. He argued that the XRP token technology is more advanced than the blockchain that underpins Bitcoin. Johnson further boasted XRP would gain to surpass the crypto king as Bitcoin breaks down slowly yet steadily. It is a big claim to make. Bitcoin holds more than 45% of the entire digital assets’ market capitalization share for the space.
Whether this is true or not will be obvious in time. Johnson clearly knows his marketing business. He argues that the XRP is developing quickly versus Bitcoin and other altcoins. Its primary advantage is extremely low costs of transactions versus the remainder of the crypto field rivals. Additionally, Johnson claims that these benefits mean Ripple will continue to seize market share going forward. The reason is that businesses appreciate the ability it provides to seamlessly transfer money over national borders.
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