Ripple XRP Gains Even More Success: SBI Updates and Smart Valor Listing

Ripple XRP is gaining even more success, continuing to advance in the world. So, recently, Ripple XRP significantly outperformed Bitcoin in a survey regarding which cryptocurrency can be called the most effective in 2020. This shows clear signs to the leadership of the Ripple XRP in the market. Promotion is facilitated by certain events. So, a Ripple SBI partner will offer its shareholders to choose XRP as part of the dividend payment, and the Swiss exchange Smart Valor has added XRP to the listing.

ripple - Ripple XRP Gains Even More Success: SBI Updates and Smart Valor Listing

Ripple XRP Gains Even More Success: SBI Updates

Ripple SBI partner will offer its shareholders to choose XRP as part of the dividend payment. Dividends will be from March 31, 2020. However, only shareholders holding at least 100 shares of the company will be entitled to them. The maximum amount that shareholders in Ripple XRP can receive depends on the number of shares and the period of ownership. All shareholders holding more than 1,000 shares for more than one year as of March 31 may receive 8,000 yen in Ripple XRP, which is equivalent to just under $ 73.

Those who own less than 1,000 shares can receive Ripple XRP in the amount of 2,000 yen, which is equivalent to a little less than $ 18. Another Japanese company, Morning Star, in which SBI Group owns a 48% stake, paid Ripple XRP as a dividend to its shareholders in September. Use cases like this continue to contribute to the popularity of Ripple XRP and its adaptation and represent important milestones in the further distribution of cryptocurrencies around the world.

Smart Valor Listing

Swiss exchange Smart Valor has added Ripple XRP to its listing. Ripple XRP trading pairs on Smart Valor are made with Bitcoin (BTC) and Swiss Francs (CHF). The announcement from Smart Valor also included a small description of the Ripple XRP and its advantages.

It has been pointed out that Ripple XRP has utility, speed, low transaction fees, high scalability and minimal environmental impact. As noted by Smart Valor, the Ripple XRP has fundamental effectiveness. Smart Valor also noted the success of Ripple in partnerships with well-known financial institutions, pointing, in particular, to PNC and Santander.

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