Ripple is a Cryptocurrency, the network powered by Custom (consensus mechanism based on original technology) algorithm. The original software was developed by Jed McCaleb from US and first released April 1st, 2013. Nowadays the cryptocurrency is managed by the Ripple Labs, Inc., an organization based in the US. Ripple is aiming to serve the Financial Service industry, among the other use cases. The official Ripple website is https://www.ripple.com.
As of today, November 27th, 2020, out of totally available 100,000,000,000 XRP, 45,348,221,180 are in circulation. It's not possible to mine ripples. The total market capitalization of ripple is $25,049,597,512, the rank among other cryptocurrencies (based on the capitalization) is #3. The current rate of 1 XRP is $0.56 USD.
Ripple was designed to eliminate some weak points of the Bitcoin: reliance on centralized exchanges, mining process that consumes a lot of electricity and to perform money transfers much faster. Ripple payment protocol (RTXP) aims to build “secure, instant and almost free global money operations of any size without any chargebacks”. RTXP has such features as payments in any fiat, crypto, or virtual currency; XRP handles 1,500 transactions per second and can scale to 50,000+ per second (same as Visa). Contrary to common misconception, Ripple doesn't use Proof-of-Stake (as well as PoW), the XRP ledger uses its own consensus algorithm, called "Consensus". Unlike most (or even all) other algorithms, there are no rewards for confirming transactions in the Consensus mechanism.
Such network architecture, protocol features and other factors attracted attention from a number of banks and payment institutions. Ripple payment protocol is already used by the Earthport payment system (global money transfer operator specializing in cross-border payment), Euro Exim Bank in the United Kingdom, startups facilitating money transfers like SendFriend, Transpaygo, and various financial companies like FTCS, JNFX, etc. There is also a number of partnerships with important names in the financial industry announced: HSBC, Banca Santander, Standard Chartered Bank, the Mitsubishi UFJ Financial Group (MUFG), and others.
Ripple is currently supported by 43% of exchanges (3 of 7) currently having active orders at ExchangeRates.Pro: 1 Exchange Brokers, 2 Trading Platforms have offers, allowing you to buy and sell XRP. Let's check and compare which of these exchanges will suit you the best, dear visitor!
Although all the exchanges supported by ExchangeRates.Pro are well-known, reliable, and trustworthy (all were thoroughly checked by our staff before listing), we've selected the best of the best for you. Exchanges that were top-rated by various sources, some are providing really outstanding service you'd love and remember. We (staff and the software) selected some of the most trusted platforms for our comparison and this top list, based on customers' feedback, time in the business, reputation, our own and independent reviews and other factors. Please note that we include only the "buy and sell" exchanges here, where you can swap xrp with fiat (national) currencies. Here are the top one exchanges to buy and sell ripples in United States:
Besides the abovelisted great exchanges, serving United States among other countries, there are also very good international ones among the websites exchanging ripples (exchanges that accept US, but don't allow fiat payments there are also in this list). So, if you want to pay using a payment method from abroad (say, you are originally from another country and want to buy or sell ripple using the bank account or local payment system from there) or if you are looking for an exchange for someone else, we have another top list prepared for you! Of course, we can't know what is that country you are looking for, but we have two options for you, both good. You are welcome to either find the best ones yourself from all offers available at our comparison @ ExchangeRates.Pro, or feel free to check this selection of top two highest-ranked XRP exchanges from all around the world:
Are you looking for the best place to buy ripples? Of course, you are! Our price comparison of exchanges is here to help, although the easiest way is to check the best offers right away @ ExchangeRates.Pro, feel free to compare yourself. Let us show you what banks and payment systems you can use to buy and sell XRP, based on your location and preferences.
At this moment, there are 2 offers to buy Ripple in United States. Our software is collecting the statistics about the popularity of specific local banks and payment systems. Usually, the top ones that are the most popular are also very convenient. Otherwise, why would these become so popular? You can choose any of these right away, please be our guest:
We've compared a lot of offers to find the top ones; right now we have 901 ways for you to purchase ripple available worldwide. Enough to choose from, right? Please keep in mind that not all of these may be possible to pay from United States, the ones that will surely be good for this country are a little bit above. The top popular ways to purchase XRP crypto:
Even the greatest XRP HODL GANG members sometimes have to sell some of their precious coins. It's alright, everyone does it sometimes and we are here to help! We know you want to find the buyer which will give you the highest price, there are such ones at our platform — check ExchangeRates.Pro now to find the highest rate to sell ripples to US Dollar and 151 more local currencies! There are various opportunities to swap your coins to hard cash, we list the most requested ones below.
There are currently 4 opportunities to cash out your ripple coins in US. You'd likely need to out-exchange the crypto to pay for some local expenses, shopping, etc. It's reasonable to choose the safest and most comfortable option — a local bank you are using, your preferred payment system or cash in your city. Here is our top list of the ways other people in United States prefer to exchange ripple to fiat:
Sometimes you may need to transfer the money to another country. If you are holding XRP, it makes sense to exchange some of these coins to the currency of that country. We can't know where exactly you would like to send the funds, so we will show you the most requested banks and payment systems worldwide you can send the transfer to. There are totally 1,489 options to out-exchange the xrp to fiat; the most frequently used banks, money transfer operators and global payment systems are:
Did you know that it's possible to exchange XRP to 31 other cryptocurrencies? It's possible to convert Ripple to/from 94% of crypto coins supported @ ExchangeRates.Pro. Some of these are really great ones (we don't list useless coins and tokens at our website), that's why we've prepared a list of exchange opportunities available. There are totally 106 swap possibilities with XRP and other coins and tokens. Coin to coin exchanges are safe, easy and beneficial when you are using our service, don't worry! Feel free to get all the best rates to swap XRP with other cryptos @ ExchangeRates.Pro right away or refer to the list of most highly demanded exchange directions first: