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Ripple xRapid Partnerships | Bittrex to be the Preferred Exchange

Ripple (XRP) has just announced that it has signed three major partnerships for xRapid, its product geared towards financial institutions. These Ripple xRapid partnerships will allow the XRP token to be exchanged to and from another currency efficiently.

Bittrex & Ripple xRapid Partnerships

The popular US-based cryptocurrency exchange Bittrex has just become the ‘preferred’ crypto exchange for xRapid transactions that move through the US Dollar.

Bittrex is one of the biggest names in digital asset trading in the U.S,said Cory Johnson, Chief Market Strategist at Ripple.

Ripple has also signed partnerships with Bitso, for the Mexican Pesos, and Coins.ph, for the Philippine Pesos. In order for Ripple’s xRapid product to be successful, it must have a ‘healthy’ ecosystem of digital exchange partners; this is exactly what Ripple has established with these three partnerships.

We are excited to be partnering with Ripple to bring the benefits of blockchain technology to cross-border payments, making sending money home more affordable for 10M+ overseas filipino workers,” says Ron Hose, CEO of Southeast Asia’s e-wallet and financial services company Coins.ph.

Bittrex Making Moves

Last week Bittrex announced that it would be launching USD (fiat) markets for XRP, a key indicator that the exchange was making moves behind the scenes.

Bittrex is competing in the newly competitive US crypto exchange market. Coinbase has started expanding the coins on its platform and added Ethereum Classic just yesterday. Many of the other major cryptocurrency exchanges have all begun making plans to launch US versions of their platform in the near future.

>> EOS, Tron (TRX), & VeChain (VET) Get a Boost

This move by Bittrex keeps the platform in contention for top US-based crypto exchange.

XRP Price Movement

At press time, XRP is currently trading at $0.313 a coin, up 8.09% in 24 hours.

Featured Image: Depositphotos/© leszekglasner

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The Best Cryptocurrency Exchanges! – Crypto Currency News

As cryptocurrency grew in popularity, so did the exchanges. With over 500 to choose from (and that number is growing weekly!) its a far cry from the earlier days of digital currency when your choices in exchanges were limited to around 8!

With that knowledge, we have compiled a list of some of the most reliable and popular exchanges out there to help you choose the best one for you. Every exchange varies in attributes; some support specific coins, some charge higher fees than others, some are more suitable for beginners with a simplified user-interface, and some simply can be location dependent.  It is recommended you do your research before joining an exchange so as to ensure you trust the platform with your coins. All the exchanges we list here are verified and popular, but always take your time before committing to any platform in the crypto space.

A common rule of thumb is to never store your coins on an exchange. Exchanges – being online – are at high risk for hacking and coins left on the exchange can be subject to thievery! So invest in a wallet to keep your coins safe. To help you choose one of those we compiled our favorite wallets list here.

But first, we need to get you some cryptocurrency! and to do that you need to find a good exchange. Read on to find out about our favorite ones.

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