XRP (CURRENCY:XRP) traded down 4.1% against the U.S. dollar during the one day period ending at 16:00 PM Eastern on June 30th. During the last seven days, XRP has traded 13.5% lower against the U.S. dollar. One XRP coin can now be purchased for approximately $0.41 or 0.00003571 BTC on major cryptocurrency exchanges including Braziliex, GOPAX, Coinrail and OKEx. XRP has a total market capitalization of $17.35 billion and $1.55 billion worth of XRP was traded on exchanges in the last 24 hours.
Here’s how related cryptocurrencies have performed during the last 24 hours:
- Binance Coin (BNB) traded down 3.9% against the dollar and now trades at $33.88 or 0.00297177 BTC.
- Bitcoin SV (BSV) traded down 4.5% against the dollar and now trades at $203.19 or 0.01782056 BTC.
- Tether (USDT) traded 0.4% lower against the dollar and now trades at $0.99 or 0.00008723 BTC.
- TRON (TRX) traded down 3.8% against the dollar and now trades at $0.0335 or 0.00000294 BTC.
- Stellar (XLM) traded 4.7% lower against the dollar and now trades at $0.11 or 0.00000953 BTC.
- Chainlink (LINK) traded down 10.9% against the dollar and now trades at $3.77 or 0.00033013 BTC.
- NEO (NEO) traded 4.1% lower against the dollar and now trades at $17.55 or 0.00153727 BTC.
- COZ (COZ) traded 26.7% higher against the dollar and now trades at $0.22 or 0.00004541 BTC.
- VeChain (VET) traded 1.8% lower against the dollar and now trades at $0.0086 or 0.00000075 BTC.
- Crypto.com Chain (CRO) traded 1.2% lower against the dollar and now trades at $0.0627 or 0.00000550 BTC.
XRP Coin Profile
XRP’s launch date was February 2nd, 2013. XRP’s total supply is 99,991,588,101 coins and its circulating supply is 42,566,596,173 coins. XRP’s official Twitter account is @Ripple and its Facebook page is accessible here. The official website for XRP is ripple.com/xrp. XRP’s official message board 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: Bitfinex, Cryptomate, Coinrail, Binance, Kraken, Coinone, BTC Trade UA, MBAex, Ovis, Vebitcoin, DragonEX, Huobi, Gate.io, Upbit, Tripe Dice Exchange, Koinex, BTC Markets, Cryptohub, Gatehub, GOPAX, LiteBit.eu, Coindeal, OpenLedger DEX, Coinhub, FCoin, DigiFinex, BtcTurk, Independent Reserve, Kuna, Poloniex, Bits Blockchain, Stellarport, Bitbank, BitBay, OKEx, LakeBTC, Bitstamp, Coinsquare, CoinBene, Koineks, Coinbe, Exrates, Bitinka, B2BX, C2CX, RippleFox, Indodax, Ripple China, Fatbtc, CEX.IO, Bitbns, Instant Bitex, BitMarket, BCEX, ZB.COM, Coinsuper, OTCBTC, Braziliex, CoinEgg, Bitsane, Liquid, Bitlish, ABCC, HitBTC, Sistemkoin, Bittrex, Altcoin Trader, Exmo, BitFlip, Bitstamp (Ripple Gateway), Bithumb, Stellar Decentralized Exchange, Korbit, BX Thailand, Covesting, Bitso, CoinFalcon, Zebpay and WazirX. It is usually not currently possible to buy alternative cryptocurrencies such as XRP directly using U.S. dollars. Investors seeking to acquire XRP should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy XRP using one of the exchanges listed above.
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