Place/Date: - January 24th, 2019 at 10:07 pm UTC · 2 min read
Contact: Freewallet, Source: Freewallet
Freewallet XRP holders will relish the advantages of Freewallet’s Multicurrency wallet, available on Android, iOS and the web: all XRP transactions within the wallet are free of charge and instant. Users can top up their phone in XRPs and exchange their XRPs with any of Freewallet’s 30+ supported coins. In the near future, they will also be able to buy Ripple for fiat.
Solomon Brown, head of PR at Freewallet, states:
“We enter 2019, launching Ripple Wallet, and it is good both for us and our hodlers. We are always looking to develop our services in new directions , and listing the second largest cryptocurrency in terms of capitalization is a huge step for Freewallet. Ripple has outrun Ethereum’s market cap, and that means something, doesn’t it? At the moment we’ve got 9 of top-10 currencies, and we are looking to catch ‘em all.”
Ripple (XRP) is a peer-to-peer powered cryptocurrency designed to work seamlessly with the Internet to allow a fast, direct, and secure way to send payments on the web. Ripple coin is powered by mathematical algorithms and cannot be mined.
Instead, Ripple’s system confirms transactions with a consensus of network participants. It allows XRP to handle over 1500 transactions per second (cf. 15 TPS for ETH and 3-6 TPS for BTC). Ripple protocol is used by multiple payment systems, including HSBC bank and Bank of America.
Freewallet develops hosted wallets with built-in exchanges for web, iOS and Android devices, capable of holding Bitcoin, Ethereum, Litecoin, Dogecoin, Monero, Bytecoin, and more than 20 other cryptocurrencies in one place. In 2018 Freewallet was listed as the third most popular online wallet for Android.
Freewallet’s first mobile cryptocurrency wallet was released for Android in January, 2016. As of 2019, the Freewallet family has grown to include Multicurrency wallet on iOS, Android and the web, Lite Wallet, 9 single currency wallets on iOS, and 21 single currency wallets on Android.