With months of work on rebuilding the platform nearing completion, BiboxEurope – one of the main modes ofexchange from fiat to crypto – intervenes with a new initiative along the lines of XRP.
The BiboxEurope community can now trade XRP against EUR, GBP and CHF on its platform. The listing of XRP pairs is part of the high quality block chain of the platform in order to provide optimal fiat negotiation capacity. BiboxEurope is now looking to XRP. Thus, XRP will become the very first project to be registered on the platform's new website 2.0.
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With the inclusion of XRP on BiboxEurope, the platform intends to extend its support to Ripple by improving the accessibility of XRP tokens to the European community. The XRP protocol contributed to the introduction of blockchain technology in traditional financial institutions. XRP is used to process and settle cross-border payments instantly, reliably and for fractions of cents.
On the other hand, BiboxEurope considers that its stock exchange activity goes beyond a simple market place. It will be one of the members of the international clearing system as soon as it has acquired a full banking license in Switzerland. ” Therefore, we are able to be independent from third-party banks and provide enterprise-level settlement services to protocols like XRP“, Commented the co-founder of BiboxEurope, Aries Wang.
BiboxEurope believes XRP has the potential to revolutionize the global space for financial technology. Its increased adoption could promote XRP among users in the European community, and even significantly improve cross-border transactions with instant settlement.
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