Twitter found another reason to rejoice as a support for XRP, Litecoin [LTC] Tron [TRX] and NANO was added to the Swaplab platform. This effectively allows these cryptocurrencies to trade with another 50 tokens offered on the platform.
Swaplab is a non-custodial, account-free, crypto-cryptographic exchange platform that allows users to exchange between two cryptocurrencies. More interesting, he said he added the function for Visa and Mastercard transactions in October of this year. This could mean that it would be a direct on-ramp fiat-to-crypto for XRP and various other cryptocurrencies.
It claims to be quick, with funds settling within 15 minutes of the transaction and does not contain any of the funds that are processed through the platform. The commission they hire is equal to 0.5% of the last transaction, without fixed exchange fees.
Swaplab also clarified that funds could be withdrawn from an external portfolio, after seeing customer concerns about it. This means that the user can exchange between two currencies without the need to create an account and withdraw funds on a private portfolio.
The XRP Community came out on Twitter to show support for the move, with the user Jimmy Tay declaring:
"XRP is the base since it can be traded for 50 other currencies?"
The XRPBrazil user said:
"Welcome to #xrpcommunity !! Very interesting project."
User Camilo Merchan said:
"Great news, it would be an honor to be part of your prestigious exchange, as the first private currency, profits will be unimaginable.Bytecoin is and will be the first private currency, development and growth are unimaginable, profits for you would be incalculable. "
User gyanagarwal said:
"# xrpcentre xrp is the best cryptocurrency, so why trade xrp in dud.
Iarius Germund, a market analyst, declared:
" While these are cryptocurrencies affirmed in the market, the move will infuse even more liquidity into them. It would also allow a much simpler and more intuitive experience of switching from two cryptocurrencies. Overall a good step forward, especially considering the imminent integration of Mastercard / Visa. "
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