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How to Buy XRP Online

callum by callum
October 18, 2019
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Apart from Bitcoin (BTC), another cryptocurrency that has gained traction is Ripple (XRP). XRP, however, is different compared to other popular cryptocurrencies as it’s a creation of a for-profit company, which still owns the majority of the currency.

The world of cryptocurrencies is quickly changing, and Ripple has made a name for itself. What’s interesting about it and what leads financial analysts and institutions to predict a future for the network is XRP’s design. It is made to increase global liquidity of currency as it allows transfers across the globe at record speed along with a minimum fee.

The innovative technology that’s behind the achievements of the cryptocurrency is what has helped it to gain 4,300 percent in value (year to date) from December 12, 2017. If you’re wondering how to buy XRP online, it is available on different exchanges like every other cryptocurrency. According to the website, you purchase the cryptocurrency token of Ripple, XRP, through exchanges, but they suggest to do so from a reputable one.

How to Buy XRP on Bitstamp

Bitstamp provides XRP/BTC, XRP/USD, and XRP/EUR trading pairs. For you to purchase XRP on the exchange, you first need to make and verify your account with Bitstamp. Simply open the website of the exchange to sign up, and follow the instructions. Make sure you confirm the email address you registered. As soon as your account is live, log in and then follow further instructions that the exchange provides to secure and verify the account.

Next, deposit funds in the account’s main page. There, you will find a ‘Deposit’ link. After the funds are credited to your account, you will receive a notification from Bitstamp. That is when you will be able to buy XRP on the exchange. Don’t forget to select the right market for the currency and complete an order on the main account.

How to Buy XRP on Kraken

Kraken is another exchange for cryptocurrencies that you’ll be able to use to buy XRP. In order to do this, just visit the page of Kraken and sign up to create an account. Login after you’ve followed the verification instructions. Then, deposit funds to your account. With this specific exchange, you first need to purchase XBT. Place your order for XBT. Next, place another order with the currency pair, XRP/XBT. This will let you complete the transaction for XRP.

How to Buy XRP on GateHub

As with the two other exchanges we mentioned, you can purchase XRP from GateHub as well. Start by visiting the GateHub website. Sign up to make an account and store the recovery key somewhere safe. Verify your account. Following the email confirmation, sign in to the website and be prepared with your identification details as you will need them for identity verification to conduct transactions. You can then connect to a gateway to deposit funds. As soon as you make a deposit, that’s when you’ll be able to purchase XRP on the page.

You don’t have to jump through hoops to buy XRP. Just follow the steps we mentioned above. There are also other exchanges where XRP can be bought, namely Bitsane, Bitbank, Korbit, and CoinOne.

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XRP News – Keeping You Up To Date With All Things XRP & Ripple

In the rapidly evolving world of digital finance, XRP stands out as a pioneering force, reshaping the landscape of cryptocurrency and blockchain technology. As a core product of Ripple Labs, XRP is not just a digital currency; it’s a breakthrough in how we perceive and engage with global financial transactions. This article delves into the essence of XRP, exploring its distinctive features and the reasons behind its growing popularity.

Unmatched Transaction Speed

One of the most compelling attributes of XRP is its unparalleled transaction speed. In a world where traditional banking can take days to process cross-border payments, XRP offers a stark contrast with its ability to settle transactions in mere seconds. This efficiency is a game-changer for both individuals and businesses, ensuring that funds are transferred quickly and seamlessly around the globe.

Low Transaction Costs

Another significant advantage of XRP is its incredibly low transaction fees. Compared to other major cryptocurrencies and traditional banking methods, XRP stands out for its cost-effectiveness. This feature makes it an attractive option for micropayments and regular international transfers, offering a more affordable solution for everyday transactions.

Scalability and Sustainability

Scalability is a critical factor in the cryptocurrency world, and XRP excels in this aspect. Designed to handle a large volume of transactions without compromising speed or cost, XRP is well-equipped to meet the demands of a growing digital economy. Additionally, its consensus protocol is less energy-intensive than the traditional proof-of-work used by many cryptocurrencies, making XRP a more environmentally sustainable choice.

Broadening Financial Access

XRP is not just a tool for efficient transactions; it’s a catalyst for financial inclusion. By simplifying and reducing the cost of cross-border payments, XRP has the potential to open up global markets to individuals and businesses who previously found these transactions prohibitively expensive or complex. This democratization of financial services is a cornerstone of XRP’s vision.

The Ripple Effect

Ripple Labs, the company behind XRP, is continually expanding its partnerships with financial institutions worldwide. These collaborations are not only a testament to the reliability and practicality of XRP but also a driver for its adoption in mainstream finance. As more banks and payment providers integrate XRP into their systems, its impact and relevance continue to grow.

A Community of Innovators

The XRP community is a vibrant and dynamic force, comprising developers, entrepreneurs, and enthusiasts. This community is at the forefront of exploring new use cases for XRP, pushing the boundaries of what’s possible in the realms of digital payments and blockchain technology.

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