Grantcoin Now Trading on Ripple Trade for Dollars, Euros and More

Posted on June 6, 2015 by The Grantcoin Foundation
http://www.grantcoin.org/2015/06/06/grantcoin-now-trading-on-ripple-trade-for-dollars-euros-and-more/

The Grantcoin Foundation has opened Grantcoin markets on the Ripple Trade online currency exchange, including 13 currency pairs. Grantcoin can now be traded directly for U.S. dollars, euros, Chinese yuan, Japanese yen, British pounds, Brazilian reals, Canadian dollars, South Korean won, Mexican pesos, South African rand, and Singapore dollars. Grantcoin also has established markets on Ripple Trade for trading with two other cryptocurrencies: Bitcoin and Ripple’s native XRP token.

A complete list of Grantcoin trading pairs on Ripple Trade which will be monitored and supported by the Grantcoin Foundation are as follows:

• GRT.Grantcoin/USD.SnapSwap
• GRT.Grantcoin/EUR.SnapSwap
• GRT.Grantcoin/CNY.RippleChina
• GRT.Grantcoin/JPY.TokyoJPY
• GRT.Grantcoin/GBP.Ripula-UK
• GRT.Grantcoin/BRL.Rippex
• GRT.Grantcoin/CAD.RippleUnion
• GRT.Grantcoin/KRW.PaxMoneta
• GRT.Grantcoin/MXN.Bitso
• GRT.Grantcoin/ZAR.ice3x
• GRT.Grantcoin/SGD.RippleSingapore
• GRT.Grantcoin/BTC.SnapSwap
• GRT.Grantcoin/XRP

Grantcoin is one of only a handful of cryptocurrencies that can be traded directly for mainstream fiat currencies such as the U.S. dollar and the euro. Grantcoin joins Bitcoin, Litecoin, and Stellar as the only cryptocurrencies with independent blockchains that are available on Ripple Trade.

The Grantcoin Foundation has contracted with One Million Gateways, a software development company focused on the Ripple ecosystem, to create an automated bridge for Grantcoin payments, deposits and withdrawals between Ripple wallets and the Grantcoin blockchain, similar to BTC2Ripple. This is expected to be ready in late June.