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Ripple (XRP) exchanges in Timor-Leste: buy, sell & swap

Ripple (XRP) key market data:

  • type: Cryptocurrency
  • consensus: custom, "Consensus"
  • market cap: $51,675,435,627
  • market rank: #7
  • supply total: 100,000,000,000
  • supply available: 46,946,349,017
  • not mineable
  • XRP/USD: $1.1

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, October 25th, 2021, out of totally available 100,000,000,000 XRP, 46,946,349,017 are in circulation. It's not possible to mine ripples. The total market capitalization of ripple is $51,675,435,627, the rank among other cryptocurrencies (based on the capitalization) is #7. The current rate of 1 XRP is $1.1 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 was first implemented in 2004 by Canadian web developer Ryan Fugger; the project is actually older than even the Bitcoin!
  • One of the long-standing questions in the community is whether Ripple is centralized or decentralized. According to some researchers, the network is "extremely centralized", although there are also beliefs that it's "more decentralized than even Bitcoin". Centralization is probably the most frequent reason to criticize the Ripple network, although it's likely one of the concepts that attract banks and payment institutions.

Top Ripple exchanges

Ripple is currently supported by 67% of exchanges (14 of 21) currently having active orders at ExchangeRates.Pro: 4 Exchange Brokers, 8 Trading Platforms, 1 eWallets, and 1 P2P Marketplaces 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!

Our choice: the best exchange for Ripple in Timor-Leste

There are some worthy and undoubtedly good, trusted exchanges among the ones with XRP support. One of them, CEX trading platform, is really special! Our visitors and the ranking algorithms came to this conclusion while comparing and reviewing the websites and apps exchanging Ripple. The service is extraordinarily fine, very few of the rest 328 exchanges and 15 trading platform sites we compare could receive such kind words in the testimonials and so impressive numbers in the results. It's so good that we feel obliged to share our experience with you, dear guest! Let's mention the key fact and describe the most important features making CEX an ideal trading platform for buying, selling and exchanging XRP in Timor-Leste:

CEX website: the home page in English

CEX is a Trading Platform; CEX.IO LTD (dba CEX) had started the project back in July 2014. The company is incorporated in the United Kingdom and headquartered in London. The official street address of CEX is 24th Floor One Canada Square, Canary Wharf London E14 5AB. The operational entity is a registered, regulated and licensed financial company. License granted by the FinCEN, the Firm is holding the Money Transmission license. FINCEN registration number 31000176194955. This is a highly trusted, undoubtedly a reputable, a long-standing, settled service. Trading Platform works with 30 cryptocurrencies and tokens: AAVE, ADA, BCHABC, BNB, BTC, BTT, BUSD, DAI, DASH, DOGE, DOT, ETH, ICP, KSM, LINK, LTC, MATIC, NEO, OMG, SOL, SUSHI, TRX, TUSD, UNI, USDC, USDT, WBTC, XLM, XRP, ZRX.

The customers are welcome to buy and sell coins and tokens with 4 national aka fiat currencies: EUR, GBP, RUB, USD. Totally 9 payment systems and banks are at your's disposal. Besides, we can swap the cryptos and tokens, converting one into another. Apart from the currencies conversion operations, cex.io is offering some other services, that could be interesting for crypto-users, like Lending, Margin Trading, Faucets (small amounts of cryptos for free), Staking, MasterNodes, etc. (passive income opportunity). Impressive, right? The features that our users enjoy the most out of this wonderful platform:

  • It is an officially registered Money Service Business. The firm applied for and received all the required licenses, it's watched over by the regulators and is fully compliant with the laws
  • The website has being online and operational for years; it started up 7 years and 3 months ago
  • The platform allows deposits/withdrawals in 30 cryptocurrencies and 4 national ones. In total, you may choose from 9 online banks and payment systems. Crypto- and tokens- exchanging aside, some other services are rendered: Lending, Margin Trading, Faucets (small amounts of cryptos for free) and Staking, MasterNodes, etc. (passive income opportunity)
  • The service fees are really low: 0% fee applies to all the ways to pay or to be paid! the charges for smaller amount operations are also very reasonable
  • The limitations CEX sets for buy and sell operations are high indeed, one of the highest available on the market: $20.00 up to $10,000 USD. The exact figure is a subject to the payment system choice; how do you like to pay or getting paid
  • The reviews from the users are very, very favorable and full of love, 100%, 27 out of 27 are very happy and pleased with their experience at CEX. As per the details we got from the real clients:
    • The quality of customer support is upstanding
    • The deposits and withdrawal orders are processed fast
    • The KYC process is always super-fast

CEX currently provides 5 ways of purchase and sale Ripples in Timor-Leste with the national currencies and the most exciting news are that the payments in US Dollars are possible:

  • Skrill, a payment system of e-wallet type.
  • Visa & Mastercard, a payment system of credit/debit cards type.
  • Advanced Cash, a way to pay locally or internationally.
  • Epay, a way to pay locally or internationally.
  • SWIFT Transfer, a payment system of international bank transfers type.

Sweet! Buying and selling with fiat aside, there are 11 cryptocoins and tokens exchangeable with XRP: BCHABC, BTT, DASH, ETH, LTC, OMG, TRX, USDT, WBTC, XLM, XRP can be converted to Ripple and vice versa any time you please.

Time to make a conclusion. Our platform of choice to exchange Ripple is

CEX, an absolutely secure, highly trusted trading platform, rated 100/100. Such scoring result is a great achievement indeed, only a few competing websites could get such a big rating! Let's break down why the cex.io exchange managed to get such rating and what does this mean:
Time in the business: 7 years 3 months
Feedback count: 27
Reviews: 27 positive, 0 negative, 0 neutral
Business model: licensed, fully compliant
Order Speed: fast (less than 5 mins)
Support Quality: great
Verification Speed: medium (up to an hour)
UI Usability: good

Overall CEX score: 100 / 100

Top five XRP exchanges to buy/sell in Timor-Leste

Timor-Leste flag

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 five exchanges to buy and sell ripples in Timor-Leste:

  1. CEX a Trading Platform established July, 2014. Transparent and legally compliant business with all the required business licenses and permissions. Clients are required to pass through the verification process to use the service. Great news! CEX supports your local currency US Dollar; feel free to use any of these 5 banks and payment systems to buy and sell Ripple domestically:
    • Skrill (e-wallet). Can use for the purchasing and withdrawals likewise.
    • Visa & Mastercard (credit/debit cards). Can use for the purchasing and withdrawals likewise.
    • Advanced Cash. Can use for the purchasing and withdrawals likewise.
    • Epay. Can use for the purchasing and withdrawals likewise.
    • SWIFT Transfer (international bank transfers). Can use for the purchasing and withdrawals likewise.
    Amazing opportunity! | 27 reviews, 100% positive check out XRP/USD @ CEX!
  2. Binance a Trading Platform established April, 2017. Transparent and legally compliant business with all the required business licenses and permissions. Great news! Binance supports your local currency US Dollar; feel free to use any of these 1 banks and payment systems to buy and sell Ripple domestically:
    • Visa & Mastercard (credit/debit cards). Only for coin purchases.
    Nice! | 18 reviews, 100% positive check out XRP/USD @ Binance!
  3. EXMO a Trading Platform established May, 2013. Transparent and legally compliant business with all the required business licenses and permissions. Great news! EXMO supports your local currency US Dollar; feel free to use any of these 4 banks and payment systems to buy and sell Ripple domestically:
    • Visa & Mastercard (credit/debit cards). Only for coin purchases.
    • Advanced Cash. Can use for the purchasing and withdrawals likewise.
    • Payeer. Only for coin purchases.
    • SWIFT Transfer (international bank transfers). Can use for the purchasing and withdrawals likewise.
    Amazing opportunity! | 20 reviews, 100% positive check out XRP/USD @ EXMO!
  4. Changelly a Broker established December, 2013. Great news! Changelly supports your local currency US Dollar; feel free to use any of these 1 banks and payment systems to buy and sell Ripple domestically:
    • Visa & Mastercard (credit/debit cards). Only for coin purchases.
    Nice! | 17 reviews, 100% positive check out XRP/USD @ Changelly!
  5. AlfaCashier a Broker established May, 2012. Great news! AlfaCashier supports your local currency US Dollar; feel free to use any of these 1 banks and payment systems to buy and sell Ripple domestically:
    • Visa & Mastercard (credit/debit cards). Can use for the purchasing and withdrawals likewise.
    Nice! | 2 reviews, 100% positive

The rest of safe, fast, easy to use XRP exchanges worldwide

exchanges worldwide

Besides the abovelisted great exchanges, serving Timor-Leste and allowing domestic payments in US Dollar among other countries and currencies, there are also very good international ones among the websites exchanging ripples. Hence if you need USD|XRP exchange, please use the top list above. In case you are looking for other ways to purchase or cash-out Ripple using IDR, etc. or swap it with various coins and tokens, feel free to check this selection of top six highest-ranked XRP exchanges from all around the world:

  1. Kraken a Trading Platform started business July, 2011. A reputable company holding all the government permissions for doing business; is licensed, etc. There are 2 payment systems to buy and sell Ripple with USD. Apart from that, feel free to swap XRP to/from 31+ coins and tokens. KYC (identification process) is necessary to become a client of this service provider. | 3 testimonials, 100% gave maximal rank
  2. Kuna a Trading Platform started business January, 2016. There are 3 payment systems to buy and sell Ripple with USD. Apart from that, feel free to swap XRP to/from 3+ coins and tokens. | 4 testimonials, 100% gave maximal rank
  3. BitBay a Trading Platform started business March, 2014. A reputable company holding all the government permissions for doing business; is licensed, etc. There are 1 payment systems to buy and sell Ripple with USD. Apart from that, feel free to swap XRP to/from 22+ coins and tokens. KYC (identification process) is necessary to become a client of this service provider.
  4. CoinFalcon a Trading Platform started business October, 2017. Unfortunately no fiat payments for your currencies this time, but feel free to swap XRP to/from 8+ coins and tokens. KYC (identification process) is necessary to become a client of this service provider. | 2 testimonials, 100% gave maximal rank
    Gift available!
  5. LocalBitcoins a P2P Marketplace started business June, 2013. A reputable company holding all the government permissions for doing business; is licensed, etc.
  6. changeNOW a Broker started business September, 2017. Unfortunately no fiat payments for your currencies this time, but feel free to swap XRP to/from 34+ coins and tokens.

By the way, exchanges that accept TL, 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, this list will work great 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. For example, if you are looking for an exchange for Indonesia assuming that you have a local bank account there, an address confirmation, etc: compare rates to buy and sell Ripple in Indonesia
  • ...or just explore the great websites listed above to find out which one you prefer!

Where to buy XRP

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.

Where can you buy XRP in Timor-Leste

At this moment, there are 6 offers to buy Ripple in Timor-Leste. 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:

  • Visa & Mastercard in USD, although can be used in any currency: payments by Credit/Debit Cards. A global payment system, available worldwide. Offered 5 times
  • Skrill in USD: payments by e-wallet. A global payment system, available worldwide. Offered 1 times

Easiest, safest, fastest ways to buy xrp worldwide

We've compared a lot of offers to find the top ones; right now we have 12 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 with US Dollar, the ones that will surely be good for the domestic currency are a little bit above. The top popular ways to purchase XRP crypto:

  • Visa & Mastercard in IDR Actually it's a multi-currency option, you are supposed to pay by the Credit/Debit Cards. This way to send fiat money will work worldwide. Timor-Leste, Indonesia, etc. are covered. Suggested in 2 offers
  • SWIFT Transfer in USD Actually it's a multi-currency option, you are supposed to pay by the International Bank Transfers. This way to send fiat money will work worldwide. Timor-Leste, Indonesia, etc. are covered. Suggested in 4 offers
  • Advanced Cash in USD an international payment system. This way to send fiat money will work worldwide. Timor-Leste, Indonesia, etc. are covered. Suggested in 2 offers
  • Epay in USD an international payment system. This way to send fiat money will work worldwide. Timor-Leste, Indonesia, etc. are covered. Suggested in 1 offers
  • Payeer in USD an international payment system. This way to send fiat money will work worldwide. Timor-Leste, Indonesia, etc. are covered. Suggested in 1 offers
  • ePayments in USD an international payment system. This way to send fiat money will work worldwide. Timor-Leste, Indonesia, etc. are covered. Suggested in 1 offers
  • Etana in USD from 217 countries: an international payment system. A multi-country payment system. Suggested in 1 offers

Where to sell XRP

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 152 more local currencies! There are various opportunities to swap your coins to hard cash, we list the most requested ones below.

Where can you sell XRP in Timor-Leste

There are currently 3 opportunities to cash out your ripple coins in TL. 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 Timor-Leste prefer to exchange ripple to fiat:

  • Visa & Mastercard in USD, works with several currencies: you will receive money using the Credit/Debit Cards. Can also send money to any other location. Be careful with such payments at the P2P marketplaces! This type of transfer can be reversed! Proposed by 2 buyers
  • Skrill in USD: you will receive money using the e-wallet. Can also send money to any other location. Proposed by 1 buyers

Easiest, safest, fastest ways to sell XRP worldwide

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 9 options to out-exchange the xrp to fiat; the most frequently used banks, money transfer operators and global payment systems are:

  • SWIFT Transfer in USD, can be also used with any of other currencies; to any country in the world including Timor-Leste, Indonesia: the funds will be sent by the International Bank Transfers. You can transfer money wherever you need! Suggested in 4 deals
  • Advanced Cash in USD to any country in the world including Timor-Leste, Indonesia: a global payment method. You can transfer money wherever you need! Suggested in 2 deals
  • Epay in USD to any country in the world including Timor-Leste, Indonesia: a global payment method. You can transfer money wherever you need! Suggested in 1 deals
  • ePayments in USD to any country in the world including Timor-Leste, Indonesia: a global payment method. You can transfer money wherever you need! Suggested in 1 deals
  • Etana in USD to 217 countries: a global payment method. Suggested in 1 deals

Where to swap XRP

Did you know that it's possible to exchange XRP to 45 other cryptocurrencies? It's possible to convert Ripple to/from 92% 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 304 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:

  • Bitcoin (BTC): that's a popular Cryptocurrency. There are 48 proposals (25 allow to convert from BTC to XRP and 23 that are converting in opposite direction.
  • Ether (ETH): that's a popular Cryptocurrency. There are 16 proposals (8 allow to convert from ETH to XRP and 8 that are converting in opposite direction.
  • Tether (USDT): that's a popular Stablecoin. There are 16 proposals (8 allow to convert from USDT to XRP and 8 that are converting in opposite direction.
  • Cardano (ADA): that's a popular Cryptocurrency. There are 8 proposals (4 allow to convert from ADA to XRP and 4 that are converting in opposite direction.
  • Litecoin (LTC): that's a popular Cryptocurrency. There are 8 proposals (4 allow to convert from LTC to XRP and 4 that are converting in opposite direction.
  • Uniswap (UNI): that's a popular Token. There are 8 proposals (4 allow to convert from UNI to XRP and 4 that are converting in opposite direction.
  • Polkadot (DOT): that's a popular Cryptocurrency. There are 8 proposals (4 allow to convert from DOT to XRP and 4 that are converting in opposite direction.
  • USD Coin (USDC): that's a popular Stablecoin. There are 8 proposals (4 allow to convert from USDC to XRP and 4 that are converting in opposite direction.
  • Stellar (XLM): that's a popular Cryptocurrency. There are 8 proposals (4 allow to convert from XLM to XRP and 4 that are converting in opposite direction.
  • Binance Coin (BNB): that's a popular Cryptocurrency. There are 8 proposals (4 allow to convert from BNB to XRP and 4 that are converting in opposite direction.

Similar cryptocurrencies, that can overcome Ripple:

IOTA (MIOTA)

  • rank: #52
  • type: Cryptocurrency

Filecoin (FIL)

  • rank: #29
  • type: Cryptocurrency

Stellar (XLM)

  • rank: #23
  • type: Cryptocurrency