Edge adds Ripple and Monero

Edge adds Ripple and Monero. New expansion in the range of cryptocurrencies tradable on the platform.

Those responsible for Edge platform have stated that their platform is expanding to be able to negotiate and negotiate too Ripple e Monero, following a "strong demand" from investors for cryptocurrencies. Recall that the wallet already supports Bitcoin, Bitcoin Cash, Dash, Ethereum, Litecoin, Feathercoin, Zcoin and now, the new additions Monero and Ripple. Edge also includes support for Segvisation Witness (SegWit) transactions, for both Bitcoin and Litecoin.

Paul Puey, co-founder of the platform, said

We have listened closely to our community in recent months and have experienced strong demand for these currencies on the Edge platform. Both communities are different, but face the same problem: how do we maintain and use our currency? Edge is proud to announce that they can now find this option.

Recall that the two recently supported cryptocurrencies offer very different uses. Monero it is specially designed to use RingCT, an anonymous transaction log that hides the amount sent in a transaction, while Ripple is most viewed as an efficient monetary vehicle, which has grown in popularity due to its liquidity, speed and low barriers to transactions.

Puey stated

While solutions exist to gain exposure to prices and invest in these currencies, there are no options that allow users to store, send, receive and exchange these currencies from a secure wallet they can control.

Again, the partnership of Edge with the cryptocurrency exchange Shapeshift it will also allow users to exchange these cryptocurrencies with other resources such as Bitcoin, Bitcoin Cash, Ethereum and various other ERC20 tokens.

ShapeShift CEO Erik Voorhees said about the partnership that

It is always a pleasure for ShapeShift to collaborate with a team that is willing to perform a task such as Monero support. Paul's team is building their projects boldly and creatively, seeing the fruits of his efforts.

Recall that in early June, a secret cluster of 1.600 investors, known as the "bitcoin whales", announced that they hold a third of the entire cryptocurrency altogether, with current availability of around $ 37,5 billion. Data from blockchain research firm Chainalysis showed in April that there were 1.600 bitcoin wallets held by investors. According to the Financial times, the unidentified "whales" have collected 5 million Bitcoins.