XRP (CURRENCY:XRP) traded up 1.3% against the U.S. dollar during the one day period ending at 15:00 PM Eastern on August 23rd. One XRP coin can currently be purchased for approximately $0.28 or 0.00002649 BTC on popular cryptocurrency exchanges including Independent Reserve, Exmo, Korbit and BTC Trade UA. During the last week, XRP has traded 5.2% higher against the U.S. dollar. XRP has a market capitalization of $11.83 billion and $986.38 million worth of XRP was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed during the last day:

  • Binance Coin (BNB) traded 0.4% higher against the dollar and now trades at $27.27 or 0.00262075 BTC.
  • Tether (USDT) traded up 0.2% against the dollar and now trades at $1.00 or 0.00009650 BTC.
  • Bitcoin SV (BSV) traded 0.4% lower against the dollar and now trades at $135.95 or 0.01306684 BTC.
  • Stellar (XLM) traded 0.7% higher against the dollar and now trades at $0.0691 or 0.00000664 BTC.
  • TRON (TRX) traded up 1.2% against the dollar and now trades at $0.0180 or 0.00000173 BTC.
  • Chainlink (LINK) traded down 0.1% against the dollar and now trades at $2.26 or 0.00021738 BTC.
  • NEO (NEO) traded 0.9% higher against the dollar and now trades at $9.90 or 0.00095204 BTC.
  • COZ (COZ) traded 26.7% higher against the dollar and now trades at $0.22 or 0.00004541 BTC.
  • Crypto.com Chain (CRO) traded down 1.4% against the dollar and now trades at $0.0432 or 0.00000416 BTC.
  • INO COIN (INO) traded 1% higher against the dollar and now trades at $2.05 or 0.00019739 BTC.

XRP Profile

XRP launched on February 2nd, 2013. XRP’s total supply is 99,991,371,628 coins and its circulating supply is 42,909,539,227 coins. The Reddit community for XRP is /r/ripple and the currency’s Github account can be viewed here. XRP’s official website is ripple.com/xrp. XRP’s official Twitter account is @Ripple and its Facebook page is accessible here. The official message board for XRP is www.xrpchat.com.

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 these cryptocurrency exchanges: Stellarport, Stellar Decentralized Exchange, Bitfinex, Cryptomate, HitBTC, Kuna, Fatbtc, BTC Markets, Bitbank, Tripe Dice Exchange, Coinsuper, Cryptohub, Bits Blockchain, BitFlip, Bitsane, Upbit, WazirX, Braziliex, Gatehub, BTC Trade UA, BCEX, Korbit, Exrates, Koinex, Bitbns, OpenLedger DEX, Kraken, Coinsquare, OKEx, Bitso, Coinrail, DigiFinex, C2CX, CoinEgg, CoinBene, Sistemkoin, Ripple China, Koineks, BX Thailand, Binance, BitMarket, ZB.COM, Vebitcoin, Instant Bitex, B2BX, Poloniex, Indodax, GOPAX, Coinbe, Altcoin Trader, DragonEX, Bitinka, Coindeal, Gate.io, LiteBit.eu, BitBay, Ovis, Bitstamp, Bittrex, Exmo, RippleFox, Bitstamp (Ripple Gateway), OTCBTC, Bithumb, Coinhub, BtcTurk, Independent Reserve, Zebpay, CoinFalcon, Covesting, LakeBTC, FCoin, MBAex, Bitlish, Liquid, CEX.IO, Huobi, ABCC and Coinone. It is usually not currently possible to purchase alternative cryptocurrencies such as XRP directly using U.S. dollars. Investors seeking to trade XRP should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase XRP using one of the aforementioned exchanges.

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