You can now also buy XRP on the free brokerage app Robinhood
What Is Ripple (XRP)?
Ripple, or XRP, is both a cryptocurrency and a platform. Technically, Ripple is the name of the company and network, and XRP is the cryptocurrency. The Ripple platform is an open-source protocol designed to allow fast and cheap digital transactions.
KEY TAKEAWAYS:
- Ripple, or XRP, is both a cryptocurrency and a platform.
- The company and network platform are typically referred to as Ripple, and XRP is considered the cryptocurrency.
- The Ripple platform allows fast and cheap digital transactions.
- XRP can be purchased on various exchanges such as Bitstamp, Kraken, and GateHub.
- Several U.S. exchanges delisted or temporarily halted XRP trading after the Securities and Echange
How to Buy XRP Cryptocurrency on an Exchange
Like other cryptocurrencies, Ripple is available on several online markets and can be bought with fiat currency, Bitcoin, or other cryptocurrencies. As of November 2021, the following exchanges offered XRP trading pairs
- Coinbase
- Binance
- Huobi
- Bithumb
- Bitstamp
- FTX
- Bitfinex
- Poloniex
- Gemini
- eToro
In addition, the XRP Ledger also includes a built-in decentralized exchange, allowing users to trade XRP for other virtual assets
You can now also buy XRP on the free brokerage app Robinhood
