XRP (CURRENCY:XRP) traded up 5.7% against the dollar during the 24-hour period ending at 19:00 PM ET on October 17th. Over the last seven days, XRP has traded 10.2% higher against the dollar. XRP has a market capitalization of $13.01 billion and $1.79 billion worth of XRP was traded on exchanges in the last day. One XRP coin can now be purchased for $0.30 or 0.00003723 BTC on popular exchanges including BCEX, Ripple China, Bitstamp (Ripple Gateway) and Bittrex.
Here is how related cryptocurrencies have performed over the last day:
- Tether (USDT) traded 0.1% lower against the dollar and now trades at $1.00 or 0.00012405 BTC.
- Binance Coin (BNB) traded up 4.3% against the dollar and now trades at $18.52 or 0.00228698 BTC.
- Bitcoin SV (BSV) traded 1.2% higher against the dollar and now trades at $88.95 or 0.01098578 BTC.
- Stellar (XLM) traded up 3.5% against the dollar and now trades at $0.0644 or 0.00000795 BTC.
- TRON (TRX) traded 1.4% higher against the dollar and now trades at $0.0154 or 0.00000191 BTC.
- Chainlink (LINK) traded 1.6% higher against the dollar and now trades at $2.41 or 0.00029791 BTC.
- COZ (COZ) traded 26.7% higher against the dollar and now trades at $0.22 or 0.00004541 BTC.
- NEO (NEO) traded up 3.7% against the dollar and now trades at $7.27 or 0.00089814 BTC.
- Crypto.com Chain (CRO) traded down 0.3% against the dollar and now trades at $0.0381 or 0.00000379 BTC.
- INO COIN (INO) traded up 0% against the dollar and now trades at $1.86 or 0.00023013 BTC.
XRP Coin Profile
XRP’s launch date was February 2nd, 2013. XRP’s total supply is 99,991,330,383 coins and its circulating supply is 43,166,787,298 coins. 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. XRP’s official Twitter account is @Ripple and its Facebook page is accessible here. XRP’s official website is ripple.com/xrp.
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 purchased on the following cryptocurrency exchanges: GOPAX, Gate.io, Liquid, Koinex, BtcTurk, Coinsquare, Upbit, Cryptomate, CoinEgg, BTC Trade UA, Bitinka, Huobi, Bits Blockchain, Ovis, DigiFinex, Cryptohub, Ripple China, Kuna, Tripe Dice Exchange, Coinrail, Vebitcoin, Bitbank, Covesting, Coindeal, Bitsane, Exrates, FCoin, Koineks, HitBTC, Bittrex, Fatbtc, Binance, Stellar Decentralized Exchange, OKEx, Exmo, Coinone, MBAex, Bitso, Instant Bitex, Bitstamp (Ripple Gateway), Indodax, CoinBene, Bitstamp, Bitfinex, LiteBit.eu, Independent Reserve, ABCC, Coinsuper, B2BX, OTCBTC, Braziliex, BitMarket, BCEX, ZB.COM, BitBay, Bitlish, Coinbe, Zebpay, OpenLedger DEX, BTC Markets, Coinhub, Bitbns, Kraken, Sistemkoin, DragonEX, Bithumb, Altcoin Trader, BX Thailand, Gatehub, RippleFox, Stellarport, Korbit, CEX.IO, C2CX, WazirX, Poloniex, LakeBTC, CoinFalcon and BitFlip. It is usually not possible to purchase alternative cryptocurrencies such as XRP directly using U.S. dollars. Investors seeking to trade XRP should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase XRP using one of the exchanges listed above.
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