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XRP accepted at 4,500 worldwide online stores as CoinGate enables XRP payment option

Namrata Shukla

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XRP accepted at 4,500 worldwide online stores as CoinGate enables XRP payment option
Source: Pixabay

CoinGate, a cryptocurrency payment processor just launched support for XRP to customers, which will enable the users to pay in XRP to various vendors across the net. CoinGate took to Twitter to announce about the big news and tweeted:

“Big news for #XRPcommunity and our merchants alike! We launched native $XRP support to our customers, meaning #XRP is now accepted as payment at thousands of vendors across the Net. Proceed to our blog for more detailed information!”

This move will bring the digital asset to more than 4,500 online stores. The payment processor uses an open-source, e-commerce platform PrestaShop to get in touch with thousands of digital stores in the EU, as per DailyHodl. The payment processor also supports other cryptocurrencies like Bitcoin [BTC], Ethereum [ETH], Bitcoin Cash [BCH], Stellar Lumens [XLM], Litecoin [LTC] and Tron [TRX].

The CoinGate team said that while they did study the technology behind the coin, the decision to add support for XRP was made acknowledging the high demand for the toke in the XRP community.



“We are thrilled to let you know that we are adding yet another payment option for our merchants, and this time it’s a big one! Due to very popular demand by the community, our next cryptocurrency on the list – XRP! As a result, XRP coin owners can now use it as a means of payment at more than 4,500 shops online! Whether you want to purchase a VPN, video game or anything else, you are more than welcome to do that!”

The team also said that they have faith in Ripple and the advanced blockchain technology they develop. The payment processor also noted that despite the claims of being highly centralized, Ripple is carrying out a decentralization strategy in which they stimulate the admission of third-party validators, removing one proprietary node for every two new decentralized nodes.

In the meantime, the publication said that Ripple is aiming to hire developers who can help its customer base integrate the company’s suite of payment solutions such as xCurrent and the XRP powered xRapid.





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Namrata is a full-time journalist and is interested in covering everything under the sun, with a special focus on the crypto market.

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Basic Attention Token surges by over 6% as Ad Launch nears

Namrata Shukla

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Baisc Attention Token surged by over 6% over ads launch hype
Source: Pixabay

The cryptocurrency market appears to be bleeding, however, few altcoins have reported small surges over the past few days, like Basic Attention Token [BAT].

The coin, on April 18 when the entire market was mostly red, surged by over 10% and was trading at $0.3618, its all-time high since July 2018. On April 20, BAT reported a growth of over 6% and was valued at $0.3947, breaking its immediate resistance.

Source: CoinMarketCap

Source: CoinMarketCap

BAT reported a market cap of $493 million and a 24-hour trading volume of $57 million. The coin noted a 6.47% rise in its price over the past day and reported a seven-day surge of 31.20%. BAT continued to register a growth of 1.18% over the past hour.



Crypto-enthusiasts speculate the reason for the surge in prices to be the launch of advertisements on the Brave Browser this month. The BAT token is essentially based on entertainment and can be obtained through a variety of advertising and attention-based services on its platform. According to Twitter user @CryptoNilla,

“They are about to launch ads this month hence the pump.”

BAT was highly traded on ZB.COM exchange as it noted a volume of $8 million via the BAT/USDT pair. The second place was taken by Binance, the largest cryptocurrency exchange as it reported a trading volume of $7 million via the BAT/BTC pair. IDCM was on the third place with $6 million in volume via the BTA/BTC pair.





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