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XRP

XRP is a type of digital crypto currency, utilising peer-to-peer transactions, mining and other technological feats into a modern day asset. Use this page to follow news and updates regarding XRP, create alerts, follow analysis and opinion and get real time market data.

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1 XRP =

Ξ 0.00019451

+0.00000291 +1.52%

09:16:29 - Real-time Data . ( Disclaimer )

Market Cap:

$18.31B

Circulating Supply:

XRP49.14B

Max Supply:

XRP100.00B

Vol (24H):

$868.26M

Chg (7D):

-1.56%

Day's Range:

0.00019080 - 0.00019578

Investing.com Index

1D 1W 1M 6M 1Y 5Y Max

XRP News

Over 75% of Financial Institutions Intend to Use Crypto in the Next Three Years (Study)

Over 75% of Financial Institutions Intend to Use Crypto in the Next Three Years... CryptoPotato

Three-quarters of financial institutions will jump into the crypto universe in the next three years if the sector functions under...

Japanese Bank to Offer Customers $XRP or $BTC Rewards in New Campaign

Cryptocurrency News Japanese Bank to Offer Customers $XRP or $BTC Rewards in New...

Cryptocurrency News Crypto adoption to increase in three years – Ripple’s report

Huobi Japan Announces Distribution of $FLR to $XRP Holders 20 Months After Snapshot

Cryptocurrency News Huobi Japan Announces Distribution of $FLR to $XRP Holders 20...

New Ripple report gives expectations of wide scale adoption of crypto but points to lack of understanding of the technology as major barrier to overcome

Cryptocurrency News New Ripple report gives expectations of wide scale adoption of...

Show more News

XRP Opinion & Analysis

Ripple Price Analysis: Bulls Eye Upside Break Above $0.4

By Live Bitcoin News - Aug 15, 2022

Ripple price gained pace and cleared the $0.3650 resistance...

Ripple Price Analysis: After 2 Months of Sideways, Will XRP Finally Breakout?

By CryptoPotato - Aug 14, 2022

A strong resistance level has trapped Ripple for over two months,...

Will XRP Manage to Break $0.40 or is Another Drop Incoming? (Ripple Price Analysis)

By CryptoPotato - Aug 06, 2022

After seven weeks, XRP managed to push back above $0.4, but the...

Bitcoin vs. Altcoins: A Story of Six Coins and Two Outliers By Alexandre Lores - Aug 05, 2022

Bitcoin vs. Altcoins is a hot topic, and there are several large...

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Leading Cryptocurrencies

Bitcoin $24,066.6 BTC -2.45%
Ethereum $1,908.22 ETH -4.25%
Tether $1.0003 USDT +0.03%
USD Coin $0.9998 USDC -0.00%
BNB $318.00 BNB -3.43%

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FAQ

What Is XRP?
XRP is a real-time, gross settlement system, currency exchange and remittance network. Also called the XRP Transaction Protocol or XRP protocol, i’ts built on a distributed open source Internet protocol, consensus ledger and native currency called XRP. Released in 2012, XRP purports to enable secure, instant and nearly free global financial transactions of any size with no chargebacks.
What Is XRP?
XRP is the native currency of the XRP network. It only exists within the XRP system. There is a total of 100 billion XRP in existence, with no more allowed to be created according to the protocol's rules.
Who Is Behind XRP?
The company building the XRP protocol, OpenCoin, was co-founded by CEO Chris Larsen and CTO Jed McCaleb. The San Francisco-based blockchain startup is also the majority owner of XRP, holding about 61% of the digital currency. In May 2017, to alleviate concerns surrounding XRP supply, XRP committed to placing 55 billion XRP (88% of its XRP holdings) into a cryptographically-secured escrow. The escrow will allow the company to sell up to 1 billion ‘coins’ monthly and return whatever is unused at the end of each month to the back of the escrow queue in the form of an additional month-long contract, essentially starting the process all over.
What’s the Difference Between XRP and Bitcoin?
XRP and Bitcoin each use a different method to reach network consensus. XRP uses an iterative consensus process, while Bitcoin uses Proof-of-Work (mining). As a result, XRP is faster than Bitcoin. It only takes a few seconds to finalize transactions.
How Can I Buy XRP?
The most common way to buy XRP is through cryptocurrency exchanges trading platforms such as GDAX, Poloniex or Bitfinex, or directly from other people via peer-to-peer marketplaces. Purchases can be made in a variety of ways, ranging from hard cash, to credit and debit cards, to wire transfers, even via other cryptocurrencies.
How to Choose an XRP Exchange?
There are a number of factors to consider when choosing which cryptocurrency exchange to start investing and trading with. Some of these include, transaction fees, accessibility, liquidity conditions, reputation, transparency, even in which country the exchange is located. Ultimately, there is no right or wrong exchange to start trading with, but doing your homework first is highly encouraged.