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About Ripple
Unlike Bitcoin, which is run by a decentralised peer-to-peer network and controlled by no single entity, the cryptocurrency XRP was created and is run by a single company. While Bitcoin and other cryptocurrencies are positioning themselves as independent alternatives to traditional currencies, the goal of Ripple is pretty much the exact opposite: Ripple wants to act as a global settlement network and hence, works closely together with banks and financial institutions. The goal of Ripple is to act as a flexible middle-man currency to allow the exchange of any unit of value. From fiat currencies like USD or Euros, cryptocurrencies like Bitcoin to commodities or flier miles.
- You can see the current XRP price on Bitpanda and buy XRP there
- Ripple’s open source protocol is already used by banks and other institutions
- The cryptocurrency XRP is issued and developed by the company Ripple
- No mining process to mint new units of XRP
- Pre-mined amount of 100 billion units of XRP
Why you should choose Bitpanda
Easy and convenient trading platform for new and experienced users
Secure, safe and free wallet service included
Fast and reliable, available 24 hours a day, 7 days a week
Over 20 digital assets, including Bitcoin, Ethereum, Ripple and more
European company, founded in 2014 in Vienna, Austria
Multiple fiat currencies, including Euro, Swiss Franc, British Pound and US Dollar
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