Where to buy Ripple XRP?
Ripple (XRP) is one of the rare assets rising against Bitcoin, as the peak BTC prices are starting to look unnerving. Where to buy Ripple XRP? It is safe and cheap. First thing is to simply navigate to Exchange Service and create an account. Enter all of your information and register. After you have confirmed your email and you log in, you’ll be on the main page. You’ll need to deposit your Bitcoin to be able to buy other coins.
So, click on “Funds” and then “Deposit Widthdraws”, next search for “Bitcoin” on the left-hand side. Then click on the “Deposit” button. You will now see your “BTC Deposit Address” and click on the copy button. The copied “BTC Deposit Address” is what you need to enter within your BTC exchange as a send address. On the main page, click on “Exchange” and select “Basic” or “Advanced”. Search for the cryptocurrency you want to buy on the right-hand side by clicking on it or using the search box.
Then select “Limit” or “Market” tab in the middle of the page to buy the cryptocurrency using Bitcoin. You can enter an exact amount or use the predefined amounts. If you select “Market”, Service will buy at the best price possible. But if you wanted to do a “Limit” order, you can set the amount you want to buy at. What is important, for transactions that are still open, they are listed under the “Open Orders”. Once you are done buying a cryptocurrency, you can see your totals within the “Deposit Withdraws” page. The page will give you an overall estimated value and show you the total balance of all of the cryptocurrencies you own.
Why to buy Ripple?
After some recent media reports, many people wonder why to buy Ripple. There are many reasons, but the main reason is that the price of XRP has increased significantly! While it wasn’t released until 2012, Ripple is actually older than Bitcoin. Ripple prices have surged in the last few days, building upon their recent gains to rally more than 90% over the last 24 hours. However, Ripple’s year-to-date increase of more than 11,000% takes the cake. Several market observers asserted that Ripple’s XRP tokens have been pushing higher as investors seek to diversify their portfolios with alternative protocol assets or altcoins.
“It’s a very exciting time for Ripple and we’re glad you’ve found us. While many of you will have many questions, it’s important that we keep this sub filled with discussion that is relevant to everyone.” – said the co-founder on the Reddit forum.
A few words about this cryptocurrency
Ripple was released in 2012 and co-founded by Chris Larsen and Jed McCaleb. Ripple’s cryptocurrency has been adopted by banks and other financial institutions. Ripple uses a medium known as Gateway that serves as the link in the trust chain between 2 parties wanting to make a transaction. So gateway acts as the credit intermediary that receives and sends currencies to public addresses over the XRP network. Anyone or any business can register and open a gateway which authorizes the registrant to acting as the middleman for exchanging cryptocurrencies, maintaining liquidity, and transferring payments on the network. The Ripple network does not run with a proof-of-work system like bitcoin or a proof-of-stake system. Instead, transactions rely on a consensus protocol in order to validate account balances and transactions on the system.
Predictions about this currency are promising. The company has hit some notable milestones in recent months, though. As of October, Ripple had licensed its blockchain technology to over 100 banks. What is important Ripple is working with some of the biggest financial institutions around the world. XRP aims to power the whole financial sector by making instant transactions possible at a fraction of the current costs. It makes Ripple trustworthy, and investors find XRP to be a comparatively safer bet as compared to other cryptocurrencies. Looking at the latest developments and increasing interest towards the XRP, by the end of 2018, the Ripple price is expected to cross the $2 barrier at least.