XRP (CURRENCY:XRP) traded 0.9% lower against the U.S. dollar during the 24-hour period ending at 18:00 PM E.T. on December 1st. XRP has a total market capitalization of $9.70 billion and $1.15 billion worth of XRP was traded on exchanges in the last 24 hours. One XRP coin can now be purchased for approximately $0.22 or 0.00003028 BTC on exchanges including Bitstamp (Ripple Gateway), Tripe Dice Exchange, Bitlish and Indodax. In the last seven days, XRP has traded up 0.5% against the U.S. dollar.
Here is how related cryptocurrencies have performed in the last 24 hours:
- Tether (USDT) traded down 0.1% against the dollar and now trades at $1.00 or 0.00013522 BTC.
- Binance Coin (BNB) traded 1.1% lower against the dollar and now trades at $15.51 or 0.00209543 BTC.
- Bitcoin SV (BSV) traded down 2.7% against the dollar and now trades at $104.57 or 0.01413046 BTC.
- Stellar (XLM) traded down 1.9% against the dollar and now trades at $0.0580 or 0.00000783 BTC.
- TRON (TRX) traded up 2.7% against the dollar and now trades at $0.0159 or 0.00000215 BTC.
- Chainlink (LINK) traded down 2.9% against the dollar and now trades at $2.17 or 0.00029327 BTC.
- NEO (NEO) traded 0.8% lower against the dollar and now trades at $9.29 or 0.00125499 BTC.
- COZ (COZ) traded up 26.7% against the dollar and now trades at $0.22 or 0.00004541 BTC.
- VeChain (VET) traded 16.7% higher against the dollar and now trades at $0.0071 or 0.00000096 BTC.
- Crypto.com Chain (CRO) traded 0.3% lower against the dollar and now trades at $0.0381 or 0.00000379 BTC.
XRP Coin Profile
XRP’s genesis date was February 2nd, 2013. XRP’s total supply is 99,991,280,558 coins and its circulating supply is 43,299,885,509 coins. XRP’s official Twitter account is @Ripple and its Facebook page is accessible here. The official website for XRP is ripple.com/xrp. The official message board for XRP is www.xrpchat.com. 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.”
Buying and Selling XRP
XRP can be purchased on these cryptocurrency exchanges: RippleFox, HitBTC, Bitfinex, FCoin, ZB.COM, Coinrail, BCEX, Exrates, Cryptohub, Koinex, LiteBit.eu, BitFlip, WazirX, Coinbe, BitMarket, Stellarport, Zebpay, Braziliex, Koineks, Bits Blockchain, Bitbank, Indodax, Bittrex, Stellar Decentralized Exchange, Bitso, OKEx, LakeBTC, Coinsquare, Huobi, CEX.IO, Tripe Dice Exchange, Bitlish, Covesting, CoinBene, Coinone, CoinFalcon, C2CX, ABCC, MBAex, Poloniex, Coinhub, Independent Reserve, Bitbns, DigiFinex, Liquid, DragonEX, CoinEgg, Cryptomate, Ripple China, Vebitcoin, Kraken, Instant Bitex, Bitsane, Bithumb, Ovis, OTCBTC, Coinsuper, BX Thailand, Gate.io, Upbit, BitBay, B2BX, Kuna, Altcoin Trader, Bitinka, GOPAX, Sistemkoin, Bitstamp, Gatehub, Exmo, BTC Trade UA, Bitstamp (Ripple Gateway), Coindeal, BtcTurk, Korbit, Binance, OpenLedger DEX, Fatbtc and BTC Markets. It is usually not currently possible to purchase alternative cryptocurrencies such as XRP directly using US dollars. Investors seeking to trade XRP should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase XRP using one of the aforementioned exchanges.
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