Ripple is a real-time gross settlement system that has been adopted by many banks.
That being said, Ripple comes in the list of top 5 cryptocurrencies but still is talked the least. Why? As said already, Ripple is specifically for the banks, and banks and cryptocurrencies have been on a rift ever since the start of the cryptocurrency.
But despite all of this, Ripple has managed to grow by 18000% since the start of 2017 and is still growing tremendously. Below we have listed down 5 websites from where you can buy Ripple.
The first question of every investor is basic and as expected. Is Binance safe? Binance is one of the cheapest exchanges if you are paying the exchange fees through the tokens of Binance and is also very user-friendly as it has a mobile application that lets you deal with the buying and selling of the crypto. It is growing at an increasing rate providing a decent platform to trade Ripple on through a particular trade fair, that is, XRP/BTC, XRP/ETH. What this means is, that to buy a Ripple (XRP), you need to exchange either BTC or ETH.
The pair that this platform supports are XRP/BTC, XRP/USTD, XRP/ETH. Bittrex has more than 200 cryptos with a standard fee of 0.25%.
The process to begin trading on this platform is by first registering your email ID, a post which you will log in and go through a KYC process to enable the platform to withdraw funds. the verification process is very quick and its KYC requires the user’s identification documents and phone number, along with a two-factor authentication.
Bitfinex has the most volume of the trading pair – BTC/USD. It is also the largest Bitcoin exchange that lets the users deal in Ripple cryptocurrency. It also has the second largest volume of Ripple, making liquidity least of its problem.
You can understand its interface very quickly as it is a simple platform, however, to the other side of it, its registration process is a little lengthy. After you submit your documents – valid ID proof, it took 15-20 business days. Along with verification, you also need to register and authenticate yourself.
With ShapeShift you do not have to go through any KYC process for registration. It is very quick and its platform is easy to understand making it a user-friendly interface. It has more than 50 cryptocurrencies, including Ripple, which lets you exchange these currencies with each other.
Thus, if you want to trade on ShapeShift, you basically need two things – altcoins or bitcoins to exchange Ripple and a Ripple address.
A San Francisco platform that supports XRP/EUR, XRP/BTC, XRP/USD. In the United States, it is termed as the largest bitcoin and altcoin exchanges and like ShapeShift, its registration process is also very simple, however, it does take days as there is a large uplift in the demand of cryptocurrencies right now.
Along with supporting XRP/BTC and XRP/USD it has the second largest trade pair of XRP/EUR.…