• 3 years ago
Categories: News

Ripple is About to Add RAK Bank to Their Partners

The news is of interest to those who follow the digital currency market and in particular Ripple. In fact, in the last hours the news that BitOasis , the most important cryptocurrency exchange in Dubai, will activate the XRP trading at the end of this week is giving investors a new wave of optimism.

The demand for XRP has never been so high in the United Arab Emirates (UAE) before. This is why BitOasis has decided to add the XRPs among the tradable currencies. Ripple should be officially launched on the platform tomorrow, Tuesday, January 30th.

Customers can buy XRP tokens using AED transfers or UAE credit cards. The purchase of XRP will be more convenient for users of the platform, on which Bitcoin and Ethereum are already present.

Another great news coming from UAE  is the strong interest shown by the RAK bank of the United Arab Emirates, about the use of the Ripple system for instant payments via blockchain in India.

RAK has set itself the goal of launching instant, safe and trouble-free transfer of funds to the customers of the Indian Axis Bank, already a partner of Ripple, as well as already a user for cross-border services.

This new possible partnership is just another proof of how Ripple is working to expand their network of banks and financial institutes around the world, giving them a way to save huge amount of money and time.