Wirex App Twitter Poll Reveals Crypto Community’s Preference for XRP in Making Payments

Twitter Poll Reveals Crypto Community’s Preference for XRP in Making Payments

According to a survey conducted by Wirex, the popularity of XRP in the crypto space has increased. The research, conducted in the form of a Twitter poll, indicated that a whopping 73% of the voters are interested in XRP, followed by BTC at 15%, LTC at 95, and ETH at 2%.

Wirex is a platform that enables users to buy, store and exchange both cryptocurrencies and fiat assets without levying any fees. The platform has over 1.8 million registered users. Through a Twitter poll, Wirex sought to establish the preferred digital currency in purchasing commonly-used commodities. As mentioned above, XRP is way ahead of its closest competitor, BTC.

Although the poll is scheduled to end on October 17, XRP has seemingly taken an unassailable lead. The large number of participants that have voted for XRP is a clear indicator that XRP is the favored crypto when it comes to making payments. In second is position is BTC with 15%. For now, a majority of crypto investors use Bitcoin as a store of value. The dismal performance of ETH is understandable, as the coin was created to facilitate transactions on the Ethereum network on which developers create DApps, smart contracts and ERC20 tokens.

Last week, Weiss Ratings conducted a poll seeking to identify the most popular virtual currency whose value is below $1. The poll involved Stellar Lumens (XLM), Cardano (ADA), Ripple (XRP), and IOTA. XRP came out on top with 64%, followed by ADA at 25%, XLM at 8%, and IOTA at 3%.

The Rise of Ripple

The rising popularity of Ripple is heavily attributed to its partnership with over 120 financial institutions worldwide. The objective of the Ripple blockchain is to become a world leader in the remittance market. For this reason, the company launched the xRapid solution that enables the real-time settlement of payments.

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Bitcoin Exchange Guide News Team
B.E.G. Editorial Team is a gracious group of giving cryptocurrency advocates and blockchain believers who want to ensure we do our part in spreading digital currency awareness and adoption. We are a team of over forty individuals all working as a collective whole to produce around the clock daily news, reviews and insights regarding all major coin updates, token announcements and new releases. Make sure to read our editorial policies and follow us on Twitter, Join us in Telegram. Stay tuned. #bitcoin

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


Please enter your comment!
Please enter your name here


Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

VeChain Joins China Animal Health and Food Safety Alliance (CAFA)

VeChain has joined the China Animal Health and Food Safety Alliance (CAFA) as one of its council members and will be providing them technical...

Coinbase Pro to Pass the Rising Network Fees Onto The Customer During Withdrawals

The launch of UNI, the governance token of Uniswap DEX, is having a big impact on the Ethereum network. The good thing is the price...

Homeland Security Calls On Freelancers to Design A Digital Wallet Interface; $25k to Finalists

The Science and Technology Directorate (S&T) division of the US Department of Homeland Security has allocated up to $25,000 in prizes as an...

BoE Explores Negative Rates; Bitcoin Is A ‘Must' Because Fiat is a ‘Giant Ponzi Scheme'

The Bank of England (BoE) is exploring negative interest rates now and in response Sterling weakened sharply. The pound dropped 0.7% against the dollar after...

Nexus Mutual Sees Active Cover Growing 10x, Now Token Price ‘Directly Linked to Adoption'

“DeFi is developing faster than you can say ‘protect me from the risks in DeFi’,” said Kayleigh Petrie, Director of Engagement at Nexus Mutual,...

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today