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There are many platforms that offer the Ripple XRP cryptocurrency you can select the platform that most catches your attention or buy it directly on the Ripple platform.
You can also buy it on our platform where in a few very simple steps you can have this cryptocurrency in your virtual wallet in minutes
How to Buy Ripple (XRP) Cryptocurrency
There are two main ways to buy Ripple, either directly using a credit / debit card or with a bank transfer, or you can exchange it for other cryptocurrencies on different platforms that allow cryptocurrency trading.
Buying it directly with a fiat currency is the easiest way, but not all platforms have this ability since through the exchange you can lose a part due to the handling fees that the different platforms have
What Is Ripple?
Ripple was released to the public in 2012 and later they added Ripplepay, a payment network written by Ryan Fugger back in 2004 with an aim of letting people create their own money.
McCaleb, and Schwartz, set up the OpenCoin corporation to further focus on the development of Ripple’s protocol using Fugger’s RipplePay model. named OpenCoin, the startup later rebranded itself to Ripple Labs until changing its name to Ripple in 2015.
Ripple is managed by a network of independent validation servers that constantly compare transaction records, Ripple doesn’t rely on the energy and computing intensive proof-of-work used by Bitcoin.
Also is based on a shared public database that is interlocked to ensure integrity.
Ripple has a particularity that in addition to being a Cryptocurrency it is also a platform since the name of the company is Ripple and XRP is the name of the cryptocurrency.
Ripple’s platform has an open source protocol that is designed to facilitate fast and cheap digital transactions. This network is expected to increase global liquidity in the future by allowing rapid global transfer with low transaction costs.
Generally, when we talk about Ripple, we mean three things
Ripple: the firm that operates the Ripple platform
XRP: the virtual currency that has been developed to facilitate payment on the Ripple platform.
XRP is based on an open-source cryptographic ledger which is powered by a trusted network of P2P servers. The system is built to let users send money in either fiat or digital currency in just a couple of seconds from any country
RippleNet: a global settlement system that connects banks, exchanges and other financial firms via the distributed ledger
How to Buy XRP on Bitnovo
The cryptocurrency can be bought in many markets or on its own page, one of these markets is Bitnovo and to buy it is quite easy.
All you need to do is enter here and select how much you want to buy by entering the amount in euros you want to buy in this cryptocurrency, then select XRP that is found in a large number of other cryptocurrencies that you can also buy on our page and then you click the buy button.
Doing this will take you to another page where you will fill in some data that is to link your wallet where the cryptos will be deposited then you will have to enter your Tag payment, telephone and email.
Followed by this you will have to select the payment method which you can select whether to pay in cryptocurrencies, credit / debit card or with a bank transfer, you have to solve a captcha and press the button to continue and that’s it.
When your transaction is completed, the amount of cryptos you specified will be automatically sent to the wallet that you specified, if there is a problem, the communication channels you provided will be used, which would be your cell phone or email
Why buy cryptos in Bitnovo
Bitnovo is a 100% reliable Platform that has English support. Spanish, Italian and French
It also contains the most competitive prices on the market.
You have your cryptocurrencies in record time so you won’t have to wait long to have them in your wallet and start trading or spending them, these cryptos are guaranteed and are valid in any market.
The purchase interface is very easy with a few steps you will have in your cryptocurrencies.
But all of this requires a level of security which will require us to verify your identity for both our and your security.
Why buy XRP?
XRP is a fairly cheap cryptocurrency for what it does, while bitcoin and Ethereum cost thousands and hundreds, XRP costs less than a dollar is a relatively risk-free crypto with a lot of profit if we pay attention to its movements we can deduce that it has large falls the next day it recovers, it is an interesting coin to have in your sights.
On the other hand you cannot be 100% sure that XRP will be a good investment, just like any other currency.
However, it has some benefits that make it a promising asset. The overall supply (100 billion tokens) has already been released, that means that there is no place for inflation. While about 40% are in circulation, the remaining coins are kept by Ripple.
To prevent a negative influence on the value, the platform will not issue the whole coin supply but will release them gradually each month. The digital currency has grown a lot since the start of 2018 and is likely to surge given the number of partnerships the company has entered into.
Always remembering that this is just an opinion and not an investor advisory