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Review on RippleFox by Benedict Patrick

Revainrating 5 out of 5

Ripplefox should be more better than using banks all the time.

Ripplefox is a gateway that was launched in 2014. It is one out of many platforms that uses it own currency,that is, it uses only ripple as the main currency for exchange.
On frequent occasions, I have encountered difficulties when it comes to making payments for goods bought or service rendered but ripple knew the way out,with the initiation of stellar network every form of payment that I initiated went through and became more faster.
Ripplefox is a mini-banking financial solution as well as banks because it enables most banks if not all,to process transactions at a faster rate using a real-time transfer on international platform. Banks most often delay transactions thereby causing incurring charges but ripplefox has made life easier and better convienient with quicker transactions.
More to my research,Ripplefox was established in 2012 by Chris Larsen and Jed Mccaleb at San Francisco with more than 100 expertise active.
Lastly,to talk about my transactions so far,it takes less than 5sec to complete any of my transactions using ripplefox but it requires more than that on other platform such as bitcoin,Ethereum and others. The issue of security shouldn't be a controversy because ripplefox enables a two-factor authentication that secures credibility in private information coupled with various currency pairs for transactions.



Updated 3 years ago
Rating has not been changed
Without exchange it will be very difficult to trader cryptocurrency with ease and this is why crypto exchange like this has to be initiated. Ripplefox is majorly ripple intensed that Is it majorly is built with easy exchange of ripple cryptocurrency and that doesn't mean you can't make other exchange for or using other cryptocurrency. Stellar network is however the provided network for payment although it fast but I feel more needs to be done.



Pros
  • It enables maintenance on liquidity.
  • Accessibility of two-factor authentication to secure transaction.
  • It supports XRP and CNY coins on it platform.
  • It allows payment using stellar network.
Cons
  • It has no such features.