HomeNewsAs XRP Soars, Top Global Cryptocurrency ATM Network Rolls Out Support

As XRP Soars, Top Global Cryptocurrency ATM Network Rolls Out Support

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  • CoinFlip, a fintech leader, integrates XRP into its Order Desk platform, benefitting from a favorable ruling and a surge in the crypto market.
  • With more than 4,500 crypto ATMs worldwide, CoinFlip expands its reach and makes XRP accessible to crypto enthusiasts across the globe.

Fintech trailblazer CoinFlip has recently announced its support for Ripple’s digital asset, XRP. This decision comes in the wake of a positive court ruling and a surge in the crypto market, underlining the company’s commitment to staying ahead of the curve in the rapidly evolving crypto world.

CoinFlip’s Order Desk: Catering to XRP Enthusiasts

With this strategic move, users can now utilize CoinFlip’s Order Desk for personalized crypto support and assess whether XRP is an optimal fit for their investment portfolios. The Order Desk gives customers complimentary access to personal client managers who guide them through the XRP purchasing journey, addressing any questions or concerns they might have.

Court Ruling Spurs XRP Adoption

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The company’s decision to support XRP was largely influenced by the recent court ruling confirming XRP as a digital asset, not a security. CoinFlip aims to capitalize on the burgeoning crypto market, which has seen a surge in prices and a doubling of trading volumes, sparked by XRP.

Ben Weiss, CEO of CoinFlip, noted that this court ruling has boosted the crypto sector’s morale by restoring confidence and paving the way toward regulatory transparency. He conveyed enthusiasm about empowering crypto enthusiasts with a tool to purchase XRP and navigate the digital economy, furthering CoinFlip’s mission to democratize cryptocurrency.

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CoinFlip: A Force in the Crypto ATM Network

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The report underlined CoinFlip’s significant growth over the past year, with revenues exceeding $130 million. Broadening its geographical footprint, CoinFlip has expanded its ATM services to North America and Australia.

Operating more than 4,500 crypto ATMs across Australia, the United States, and Canada, CoinFlip claims to run the largest crypto ATM network worldwide. These kiosks allow the exchange of major cryptocurrencies using cash.

Three years ago, CoinFlip launched its over-the-counter platform offering personalized managers to crypto investors. The company also introduced Olliv this year, a self-custodial crypto platform. This solution is currently available in the United States, with plans for international expansion dependent on compliance with local regulations.

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Brian Johnson
Brian Johnson
A dedicated Bitcoin journalist passionate about uncovering the latest trends, developments, and innovations in the world of cryptocurrency, while delivering engaging and well-researched articles to inform and educate readers on the dynamic digital finance landscape.
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