Ripple’s XRP can now be purchased via credit card on Changelly, an instant crypto swap exchange platform, through a partnership with Simplex, a fintech company that provides worldwide fraudless payment processing
⚡️Big news for #Ripple fans! You can seamlessly buy $XRP on Changelly via our partner @SimplexCC from now on.
Give it a shot ? https://t.co/ETBVJSIj2y@Ripple @RippleFeed #XRP #simplex #cryptocurrency #blockchain pic.twitter.com/IKOmiXY2Gx
— Changelly.com (@Changelly_team) October 22, 2018
Changelly allows users to make their first credit card transaction up to $10,000, with a $20,000 daily and $50,000 monthly total limit. The process is fast and secure but comes with significant additional fees that total 10% — 5% to Changelly and 5% to Simplex.
This news comes several months after Changelly announced that it was collaborating with TRON (TRX), a blockchain infrastructure for a decentralized internet, to similarly allow investors to use credit cards to securely and instantly purchase TRX. However, TRX does not currently appear to be available for purchase via credit card.
XRP is currently trading for $0.4545, giving the altcoin an $18.18 billion market cap and making it the 3rd largest coin in the AltDex 100 Index (ALT100), a benchmark index for large-cap cryptocurrencies and tokens.
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.