Ripple update: Cashing out
Curious what the plans are for people when it comes time to cash out. You hear about a lot of shadier exchanges shutting down, stealing funds, etc.
I’m thinking the only “safe” route is to split your funds across multiple exchanges. Even so, some of these companies are likely based overseas and I could see the US halting transactions to investigate when Joe Schmoe is suddenly receiving his portion of the moon…
Just curious. Food for thought. Any ideas?
About Ripple (XRP)
Ripple connects banks, payment providers and digital asset exchanges via RippleNet to provide one frictionless experience to send money globally. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets. XRP is the fastest and most scalable digital asset today.
Author: Trader5050
Score: 16
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