XRP (CURRENCY:XRP) traded up 1.9% against the US dollar during the twenty-four hour period ending at 0:00 AM ET on December 6th. In the last seven days, XRP has traded 2.1% lower against the US dollar. One XRP coin can currently be bought for approximately $0.23 or 0.00002991 BTC on major exchanges including Coinone, B2BX, Bitbank and Korbit. XRP has a market cap of $9.81 billion and approximately $1.23 billion worth of XRP was traded on exchanges in the last 24 hours.
Here’s how related cryptocurrencies have performed in the last 24 hours:
- Tether (USDT) traded down 0.6% against the dollar and now trades at $1.00 or 0.00013242 BTC.
- Binance Coin (BNB) traded up 1.1% against the dollar and now trades at $15.79 or 0.00208335 BTC.
- Bitcoin SV (BSV) traded 1.2% higher against the dollar and now trades at $97.65 or 0.01288576 BTC.
- Stellar (XLM) traded 0.9% lower against the dollar and now trades at $0.0550 or 0.00000726 BTC.
- TRON (TRX) traded 1.7% higher against the dollar and now trades at $0.0148 or 0.00000195 BTC.
- Chainlink (LINK) traded 3.9% higher against the dollar and now trades at $2.10 or 0.00027734 BTC.
- COZ (COZ) traded 26.7% higher against the dollar and now trades at $0.22 or 0.00004541 BTC.
- NEO (NEO) traded 4.1% higher against the dollar and now trades at $9.13 or 0.00120512 BTC.
- VeChain (VET) traded 4.3% higher against the dollar and now trades at $0.0072 or 0.00000094 BTC.
- Crypto.com Chain (CRO) traded down 0.3% against the dollar and now trades at $0.0381 or 0.00000379 BTC.
XRP Coin Profile
XRP was first traded on February 2nd, 2013. XRP’s total supply is 99,991,237,614 coins and its circulating supply is 43,285,660,917 coins. XRP’s official Twitter account is @Ripple and its Facebook page is accessible here. The official message board for XRP is www.xrpchat.com. The official website for XRP is ripple.com/xrp. The Reddit community for XRP is /r/ripple and the currency’s Github account can be viewed here.
According to CryptoCompare, “The Ledger and ConsensusThe Ripple protocol is, at its core, a shared public database. This database includes a ledger, which serves to track accounts and the balances associated with them. The ledger is a distributed database — a perfect, shared record of accounts, balances, and transactions in the Ripple protocol. It is continually and automatically updated by the Ripple Transaction Protocol (RTXP) so that an identical ledger exists on thousands of servers around the world. At any time, anybody can review the ledger and see a record of all activity on the Ripple protocol. When changes are made to the ledger, computers connected to the Ripple protocol will mutually agree to the changes via a process called consensus. The Ripple protocol reaches consensus globally within seconds of a change being made. The consensus finding process is the engineering breakthrough that allows for fast, secure, and decentralized transaction settlement on the Ripple protocol. The World’s First Distributed ExchangeNo one owns or controls the Ripple protocol. It runs on computers around the world, all working together to continually maintain a perfect, shared record of accounts, balances, and transactions. Distributed networks offer many efficiencies over centralized networks. Because the network is “self-clearing”, it eliminates the need for a centralized network operator (and gets rid of the associated layer of fees). Because there is no single point of failure, distributed networks are more reliable. They also tend to be more secure, due to their open source nature.”
XRP Coin Trading
XRP can be bought or sold on these cryptocurrency exchanges: Liquid, ZB.COM, Bitstamp (Ripple Gateway), BitBay, MBAex, Altcoin Trader, LiteBit.eu, Bitinka, Indodax, BitMarket, Independent Reserve, Bittrex, BX Thailand, DigiFinex, Bitfinex, Ovis, Instant Bitex, Exmo, Coinbe, C2CX, BitFlip, Zebpay, CoinFalcon, OKEx, Coinrail, Koineks, BTC Markets, Fatbtc, Gatehub, Braziliex, Coinhub, DragonEX, BTC Trade UA, B2BX, Bitso, Covesting, Cryptohub, Kuna, Coinsuper, Bithumb, Coindeal, BtcTurk, OpenLedger DEX, Bitbns, FCoin, CEX.IO, Tripe Dice Exchange, CoinBene, RippleFox, LakeBTC, WazirX, Gate.io, Huobi, Exrates, Coinsquare, Stellar Decentralized Exchange, Korbit, GOPAX, Bitlish, Binance, Stellarport, Bitbank, HitBTC, Kraken, Bitstamp, BCEX, Upbit, Vebitcoin, Bits Blockchain, ABCC, Sistemkoin, Bitsane, OTCBTC, Koinex, CoinEgg, Coinone, Cryptomate, Poloniex and Ripple China. It is usually not presently possible to purchase alternative cryptocurrencies such as XRP directly using US dollars. Investors seeking to acquire XRP should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase XRP using one of the aforementioned exchanges.
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