Ripple Labs is a company focusing on easy and cheap payments all around the world and is used by financial establishments, businesses and banks. Its token XRP helps make payments speedy, affordable and safe, making the Ripple platform a direct competitor to the SWIFT system used by banks. The advantages of the Ripple network:
- Global cross-border payments with no intermediaries
- The price for completing transactions in the Ripple network is $0.00001 per transaction.
- Ripple is based on blockchain, where validators check transactions and verify them (validators are groups of computers). It enables instant payments.
Ripple trading is available on all popular crypto platforms. The XRP price today is $0.36 (November 22, 2022).
Let’s talk about how to start trading XRP.
How to Buy Ripple?
Ripple trade is available on all large platforms, such as Binance, Coinbase, and WhiteBIT. To begin trading, you need to buy Ripple first. Pick a platform, suppose it will be WhiteBIT, and register an account. If you have not got any coins yet, the exchange will offer you to buy crypto using your bank card. To add a card to your account, you need to verify it. It takes a couple of days. Then you can access all the features of the platform and unlimited withdrawals. Next, go to the trade section and find the fiat currency you have and XRP. The exchange will offer the ripple current price and the fee for the conversion. If that suits you, go ahead and complete the transaction. The coins will be accrued to your account in a matter of seconds. Then you can exchange this coin for any other crypto asset and generate income.
Learn more about crypto trading on the WhiteBIT blog. It is a resource for education and valuable guides on trading, coin overviews, and different programs for the WhiteBIT community.