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Revolut Warns Clients That Their XRP Funds Could Become Trapped On The Platform
Summary: Crypto trading app Revolut has warned its clients about hazards surrounding buying and selling XRP, as reported by The Irish Times. Revolut recently sent out a notice to its customers saying it was possible for the platform to delist or restrict trading on XRP with little or no notice. Revolut warned clients that their funds could effectively be ...
Crypto trading app Revolut has warned its clients about hazards surrounding buying and selling XRP, as reported by The Irish Times.
Revolut recently sent out a notice to its customers saying it was possible for the platform to delist or restrict trading on XRP with little or no notice. Revolut warned clients that their funds could effectively be stuck without the means to sell tokens even if the price falls to zero in a worst-case scenario.
Revolut users cannot trade outside of the app. The firm said that if XRP's liquidity drops rapidly as crypto exchanges delist the token following the Securities and Exchange Commission's charges against Ripple, then Revolute could be left unable to buy or sell Ripple.
By Emily Mason
Tags: Revolut,Ripple,XRP
Link: Revolut Warns Clients That Their XRP Funds Could Become Trapped On The Platform [Copy]
