Atomic wallet will be adding support for their users to trade XRP. The cryptocurrency has been experiencing good growth over the past few weeks as many organizations have been providing support and integrating XRP into their platform.
AtomicWallet claims that the transactions will be facilitated in about 25 minutes. Furthermore, the company also provides a non-custodial cold storage for its users to store coins and offer maximum security for XRP traders.
AtomicWallet made an announcement regarding RP on their twitter page
“Breaking! Update your @AtomicWallet and buy $XRP with $USD in a few minutes! Check our tiny guide 🚀 #Ripple https://t.co/PbUWJXZKXY
— AtomicWallet.io (@atomicwallet) November 6, 2018”
The blockchain powered technology is leading the future of the financial market, however, we still observe that the obstacles for the development of blockchain based markets are still prevalent. One of the challenges for the markets is that third custody risks affect ecosystem sustainability, bringing vulnerability and risks. Bringing a centralized financial service to a decentralized platform will is challenging.
Ripple has radically solved that problem by integrating their products and services into the major financial institutions of the world. And AtomicWallet’s platform will be used to trade cryptocurrency in transparent, custody-free and immutable manner.
AtomicWallet uses a proprietary Atomic Swap technology, a decentralized technology that uses a cross-chain exchange to avoid third-party risks. It also supports more than 300 cryptocurrencies as of now.
Ripple has been making strides for a few weeks now. They’ve been announcing their partnership with many companies across the financial industry spectrum. Ripple now has over 100 clients all around the world and it includes some of the world’s biggest banks. Banco Santander is currently using Ripple’s technology to settle cross-border payments.
And now Ripple has been increasing their market share in terms of technology adoption more than any other cryptocurrency present out there. Ripple had also briefly surpassed Ethereum in terms of market share. With the adoption of XRP in AtomicWallet, which has a large userbase, XRP transactions are expected to grow.