XRP: what it is, what's the use of it and how to buy it today

XRP

XRP

XRP price

0.60126000

USD

 8.60

Jul 20, 2024

XRP statistics

Ranking

#7

Market cap

33,681,626,947

USD

24h Volume

2,197,884,183

USD

Circulating supply

55,909,481,874

XRP

All-time high

3.8419

USD

About XRP

XRP is the cryptocurrency of the Blockchain XRP Ledger, a platform created to help banks and companies carry out fast and cheap transactions. Within it...

Understand the cryptocurrency XRP

  • Can XRP be considered an altcoin?

    Yes! XRP can be considered an altcoin because originally the term altcoin is used to classify all cryptocurrencies other than Bitcoin - the most famous cryptocurrency in the world. Altcoins were created to solve Bitcoin problems, such as high transaction fees, for example. In mid-May 2022, XRP was considered one of the top 10 altcoins in the digital currency market!

  • What is XRP for?

    XRP was originally created to facilitate the international currency transaction market. Thus, banks anywhere on the planet can acquire XRP using any currency, and then convert XRP into any other currency. In addition to serving as a bridge currency, XRP can also be useful for buying other cryptocurrencies on exchanges such as Bitso.

  • Ripple and XRP: what's the difference?

    Ripple is a technology company that makes it easier to build a high-performance, global payments business. XRP is a digital asset independent of this.

  • How to buy XRP?

    Now that you understand what XRP is and what it is for, it’s time to know how to buy this cryptocurrency safely. The first step is to access the Bitso website and register. You can also access the Bitso app on your smartphone (iOS or Android). Just make a deposit of 5 USD and then click on “Convert” to buy the cryptocurrency you want.