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COIN TOKYO(コイン東京)
10/03/2018 21:14
Release： 10/03/2018 21:14
Update： 04/08/2021 02:35
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Crypto.com (formerly MONACO: Monaco) wallet & card app now supports purchasing Ripple (XRP)

Purchasing Ripple (XRP) Directly with Fiat Currency

3 days ago. The cryptocurrency and payment platform Crypto.com recently announced the addition of Ripple (XRP) to its portfolio. Users of Crypto.com’s Wallet & Card App can now directly purchase Ripple (XRP) with fiat currencies such as United States Dollar (USD), Euro (EUR), British Pound (GBP), and Singapore Dollar (SGD).

Crypto.com CEO Kris Marszalek stated the following;
“XRP will be the first coin to support our evolved backend infrastructure. Our platform can add coins smoothly while minimizing security risks and support fast deposits and withdrawals. We intend to actively increase the number of coins we support. Ultimately, we want to cover all cryptocurrencies.”

Crypto.com’s portfolio consists of the following six types;
Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Binance Coin (BNB), Crypto.com Token (MCO), Ripple (XRP)


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■ Important Matters and Risk Warnings Regarding Investment Products 【Financial Instruments Business Operator】
GogoJungle Inc.
Registration: Director-General of the Kanto Local Finance Bureau (Financial Instruments Business) No. 1960
【Member Association】
Japan Investment Advisers Association
【Fees and Expenses】
The use of software, e-books, investment advisory services, etc., provided on our platform involves purchase prices determined for each product.
Additionally, when conducting actual financial instrument transactions (such as FX or CFD trading), costs such as transaction fees and spreads (the difference between the sell and buy price) may be incurred through the connected brokerage firms.
【Margin and Risk of Loss】
Transactions such as FX (Foreign Exchange Margin Trading) and CFD (Contract for Difference) allow for trading in amounts exceeding the deposited margin.
Therefore, due to sudden fluctuations in target indices (currency, commodity prices, etc.), there is a risk of incurring losses that exceed the deposited margin (loss exceeding principal).
Furthermore, financial instrument transactions involve risks such as price fluctuations, which may result in losses falling below or exceeding the initial investment principal.
【Nature of Services and Trading Entity】
The Company operates a platform (marketplace) providing investment software and information; we do not engage in the buying, selling, mediation, brokerage, or agency of financial instruments on behalf of customers.
The services and information provided are intended as reference for investment decisions and do not guarantee future profits or specific results.
While some services include investment advice, they do not constitute a mandate or solicitation to trade specific financial instruments.
Final investment decisions and the execution of trades must be made at the customer’s own risk and discretion.
GogoJungle Inc.
Registration: Director-General of the Kanto Local Finance Bureau (Financial Instruments Business) No. 1960
Member Association: Japan Investment Advisers Association GogoJungle Inc.
Registration: Director-General of the Kanto Local Finance Bureau (Financial Instruments Business) No. 1960
Member Association: Japan Investment Advisers Association
Financial Services Agency Japan Investment Advisers Association Financial Instruments Mediation Assistance Center Securities and Exchange Surveillance Commission

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