XRP Access Simplified for 20 Million Japanese Users Through One-Click Integration
Trade XRP on Mercoin, Japan's Largest Resale Marketplace
Good news for XRP enthusiasts! As revealed by CoinPost, XRP is now accessible for trading on Mercoin, the digital asset platform operated by Mercari, Japan's premiere resale marketplace. This move grants over 20 million active monthly users direct access to XRP using existing balances, points, or bank transfers, with transactions as low as 1 JPY.
Mercoin first welcomed Bitcoin in March 2023, and Ethereum followed suit in May 2024. In just under two years, the platform gained over 3 million users, with approximately 90% being first-time cryptocurrency traders. XRP is now the third supported asset, making it the initial coin linked to an ecosystem already heavily adopted within Japan's financial sector.
XRP Adoption Soars in Japan
XRP's presence in Japan isn't new, as it has built a strong foundation through its partnership with Ripple and financial titan SBI Holdings. SBI's crypto subsidiaries, such as SBI VC Trade and SBI Remit, have previously utilized XRP for diverse applications like cross-border payments, on-demand liquidity, and even purchasing used cars. Now, XRP can be accessed through a mainstream consumer app that Japanese users already use for trading physical goods.
XRP - A Few Taps Away for 20 Million Users
This announcement doesn't introduce new use cases, but it does increase accessibility. Users no longer need to be experienced crypto traders or financial professionals to manage XRP - they can effortlessly complete transactions using their leftover Mercari points or wallet balances.
Remember:
- Millions of New XRP Users: XRP is now accessible to over 20 million Mercari users, granting it upsized exposure among potential newcomers to the crypto world.
- Simplified Trading Experience: Low entry costs and easy payment methods encourage casual users to invest in XRP, amplifying adoption and visibility in Japan.
- Further XRP Promotion: Mercari intends to boost XRP's awareness in Japan, which may result in a rise of XRP supporters and a deeper integration into local financial systems.
- In 2023, Mercoin, Japan's largest resale marketplace, expanded its crypto offerings to include XRP, providing an entry point for over 20 million users to delve into the world of digital assets.
- As XRP becomes more accessible through mainstream platforms like Mercoin, it is anticipated that a significant number of new users may be introduced to the cryptocurrency, potentially boosting its popularity within Japan.
- CoinPost recently announced that XRP is now available for trading on Mercoin, the digital asset platform operated by Mercari, following the addition of Bitcoin and Ethereum in 2023 and 2024, respectively.
- With XRP now included in the list of supported assets on Mercoin, it appears that the cryptocurrency is gaining ground in Japan's financial ecosystem, serving as a testament to its growing acceptance within the sector.
- By enabling users to purchase XRP through their existing Mercari points or bank transfers, Mercoin has simplified the trading process and potentially attracted casual users who may not have considered investing in crypto previously.
- Beyond traditional finance, technology continues to play a pivotal role in bridging the gap between crypto and mainstream consumers, as demonstrated by Mercoin's integration of XRP into their platform, offering users a convenient and cost-effective way to manage their digital assets.
