Japanese Crypto Company, FUELHASH, Lists XRP
In a recent development, FUELHASH, a Japanese crypto company committed to encouraging crypto mining with renewable energy, has announced that its so-called “Crypto Trading” platform offering crypto lending services now supports XRP.
The update was brought up by the firm, FUELHASH in its press release yesterday, saying that it is the only Japanese firm to offer this service for XRP. Notably, XRP joins USDC, USDT, BTC, ETH, ETC, and BNB as the other assets supported by the platform.
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As obtained from the company’s official website, users can now offer a minimum of 100 XRP for lending on the platform with a fixed 1.5% interest rate after 90 days and 1% for 60 days.
Facts About FUELHASH
It is worth noting that the FUELHASH was created by Katsuya Konno with the goal of driving renewable energy-supported crypto mining with a focus on solar power in Japan and hydroelectric power abroad. It launched the crypto trading platform in November 2022.
According to the company’s representative; “We have started handling XRP, which has many enthusiastic fans, from the desire to provide a means of income gain through lending operations to those who feel the future of crypto and hold it for a long time,”
He further said and interpreted by google; “It will be the only open-type XRP lending service in Japan, so I would be happy if you could start with the minimum deposit amount (100 XRP). We will continue to reflect customer feedback and update our services.”
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FUELHASH Lists XRP
Following the update, a famous XRP influencer Crypto Eri took the breakthrough to share with his follower.
“FuelHash in Japan, launched last year (by Katsuya Konno former Softbank, Liquid Exchange, Bitfury) announced adding XRP trading & EARN LENDING PROGRAM on Monday with min. deposit of 100 XRP. XRP joins USDC, USDT, BTC, ETH, ETC, BNB”
The recent milestone of the lead blockchain has been so imminent as it aims to cover globally regardless of the resistance from the United Statement commission.
The recent update revealed that the good dead of the leading blockchain company, Ripple, has started paying as it was recently mentioned in the Bank of England (BoE) consultation paper on the digital pound, U.K.’s digital currency.
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Dr. Olajide Samuel juggles the demands of medical studies with a passion for cryptocurrency. A seasoned blogger, Olajide shares his vast global knowledge of the crypto space, offering insights to enthusiasts. Despite his busy schedule, his commitment to crypto remains strong, and he actively seeks ways to contribute to its future.
