Initially released in 2012, the Ripple protocol is a real-time settlement system, currency exchange and remittance network. It was created by the American technology company Ripple labs and they continue to develop the payment protocol and exchange network. XRP is the native currency of the Ripple network.
XRP is a centralised cryptocurrency, it aims to make global financial transactions faster and cheaper using blockchain technology, the key for XRP is to form as many banking and financial partnerships as possible. Each major partnership has a positive influence on XRP price.
On the other hand regulation threatens ripple price for example whether the SEC classifies XRP as a security or not has influence on the amount of people who buy XRP.
Ripple can be converted from digital currencies on our cryptocurrency conversion service. This means you can buy with ZAR, EUR, NGN, GBP, AUD and many more. Supporting 25 countries, can be bought using the most convenient local payment method; including bank transfers, PayPal, TransferWise, supported fiat deposits, direct deposits and M-Pesa. Credit card payments are coming soon.
Ripple can be sold for BTC or other cryptocurrencies via the Coindirect conversion service. Ripple can also be traded in real time against other digital currencies on our cryptocurrency exchange.
Disclaimer: The content on this page should not be taken as financial advice. Never invest what you can’t afford to lose as the cryptocurrency market is volatile. Always research as much as possible before buying any coin.