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Luno to Add Ripple XRP on Platform by 2020

Luno to Add Ripple XRP on Platform by 2020

Luno to Add Ripple XRP on Platform by 2020-TECHCRYPTION-01

Having recently relaunched in Malaysia on 26th November, Luno is a leading global cryptocurrency company on a mission to upgrade the world to a better financial system. With over 3 million existing users across 40 countries, the platform is planning to add more coin offerings on its platform.

Reportedly, Luno is expecting to introduce Ripple XRP by the year 2020 the latest. According to the firm, Ripple XRP is a cryptocurrency that has been approved by the Security Commission (SC) in Malaysia. 

What we can say at this time is that we are planning to increase our cryptocurrency offerings as we grow while keeping customer’s safety and compliance with regulations as our highest priority.

Luno Head of Asia, Vijay Ayyar

Currently, Bitcoin and Ethereum are available for trading on Luno’s platform in Malaysia, and the firm is working with the SC concerning the regulations of making XRP available for users in the country.

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In addition to that, Luno announced that users can now acquire XRP on the platform via existing wallet and it could be purchased through Bitcoin or Ethereum. The firm has also stated that XRP has faster transaction speed compared with cryptocurrency Bitcoin.

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