New exchange cryptocurrency Coinstocks aimed primarily at users who are new or unfamiliar with cryptocurrencies at the start will use the XRP, along with several other cryptocurrencies such as Ethereum and EOS.

The company is currently in beta testing. Test development took around 2,000 enthusiasts. This is an important step for the development of any software intended to ensure a smooth public release.

For reference, the company was founded in the United States, specifically in St. Petersburg, Florida. Since each country has its own set of laws that protect consumers from fraud or insolvency of the company, users Coinstoks can be safe because of the laws of Florida, which the company registered as a LLC company.

Recall that at the time of this writing, February 27, the Ripple rate is 0.95$.

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