Shapeshift Adds Support For Ripple’s XRP on its Platform

Priyanka Kulkarni
Priyanka Kulkarni, post-graduated in Business Administration holds worthy experience in market research and investment banking. She is passionate to flaunt her perception towards cryptocurrencies.
  • Switzerland-based cryptocurrency exchange ShapeShift has announced that that it has listed XRP on its platform.
  • ShapeShift is a leading digital assets exchange that supports various blockchain tokens.
  • Recently, ShapeShift has acquired an Isreal-based non-custodial software wallet, Portis.

Switzerland-based cryptocurrency exchange ShapeShift has announced that that it has listed XRP on its platform. However, by using this platform, the users can send, receive, and trade Ripple commission-free with the KeepKey wallet on the exchange’s platform.

Trade Commission-Free

The exclusive announcement was made on Twitter by the official account of ShapeShift where it says XRP is now available on the exchange platform.

ShapeShift is a leading digital assets exchange that supports various blockchain tokens. This includes Bitcoin, Zcash, Ethereum, Dogecoin, and now XRP on its platform.

The international exchange always welcomes new coins to its platform. In the year 2019, ShapeShift launched zero-fee trading and its loyalty token FOX. While this token solves two key issues of non-custodial exchanges namely liquidity and high price of services.

Although, commission-free crypto trading is a trending concept. A US stock brokerage firm Robinhood Crypto is one of the examples of commission-free trading.

ShapeShift is more than a crypto exchange. Moreover, it is also known as a popular cryptocurrency conversion platform. Several wallets have been integrated to convert the cryptocurrency to another which is quick and hassle-free.

Ripple Has A Global Popular Portfolio

Recently, ShapeShift has acquired Israel-based non-custodial software wallet, Portis. Besides this, users are using KeepKey, Ledger, or Trezor hardware wallet in the platform.

Moreover, with the exclusive announcement of XRP over the ShapeShift platform, crypto enthusiasts are excited to trade XRP in this popular platform.

Ripple (XRP) has already established itself as a popular global portfolio. Over 200 banks around the world use Ripple’s network for digital asset exchanges and payments.

The third-largest coin by market capitalization is available in several prominent exchanges across the world. These include BitStamp, FX Empire, BitFinex, ZebPay, and many more.

Thus, it is a great opportunity for XRP lovers to send, receive, and trade XRP trade in a commission-free platform.

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