XRP (CURRENCY:XRP) traded 2% lower against the dollar during the twenty-four hour period ending at 13:00 PM ET on August 19th. One XRP coin can currently be bought for about $0.28 or 0.00002613 BTC on exchanges including Indodax, Kraken, Exrates and Bitinka. In the last week, XRP has traded 7.1% lower against the dollar. XRP has a total market cap of $11.98 billion and approximately $1.23 billion worth of XRP was traded on exchanges in the last 24 hours.
Here is how similar cryptocurrencies have performed in the last 24 hours:
- Binance Coin (BNB) traded up 2.5% against the dollar and now trades at $28.68 or 0.00268314 BTC.
- Tether (USDT) traded 0.1% lower against the dollar and now trades at $1.00 or 0.00009380 BTC.
- Bitcoin SV (BSV) traded 3.4% higher against the dollar and now trades at $142.75 or 0.01335616 BTC.
- Stellar (XLM) traded 0.4% lower against the dollar and now trades at $0.0709 or 0.00000663 BTC.
- TRON (TRX) traded down 0.4% against the dollar and now trades at $0.0179 or 0.00000168 BTC.
- Chainlink (LINK) traded up 1.7% against the dollar and now trades at $2.55 or 0.00023885 BTC.
- NEO (NEO) traded up 0.3% against the dollar and now trades at $10.02 or 0.00093792 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 up 1.5% against the dollar and now trades at $0.0461 or 0.00000431 BTC.
- INO COIN (INO) traded up 1.9% against the dollar and now trades at $2.11 or 0.00019737 BTC.
XRP Coin Profile
XRP was first traded on February 2nd, 2013. XRP’s total supply is 99,991,376,954 coins and its circulating supply is 42,890,708,341 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.”
XRP Coin Trading
XRP can be bought or sold on the following cryptocurrency exchanges: LakeBTC, HitBTC, DragonEX, Coinbe, Indodax, Bithumb, Braziliex, OpenLedger DEX, Bittrex, Bitinka, Stellar Decentralized Exchange, GOPAX, CoinFalcon, Stellarport, CEX.IO, Cryptohub, Coinone, BtcTurk, Gatehub, Bitsane, CoinEgg, Liquid, RippleFox, Ripple China, FCoin, Huobi, Covesting, Coindeal, Binance, Vebitcoin, Coinrail, Kuna, Koinex, Bitfinex, ZB.COM, BX Thailand, Coinsuper, BTC Trade UA, BitBay, Koineks, Exrates, Kraken, Bitstamp (Ripple Gateway), WazirX, Bitlish, Coinhub, Bitbank, Zebpay, Independent Reserve, DigiFinex, Coinsquare, Korbit, Tripe Dice Exchange, OTCBTC, Exmo, MBAex, Sistemkoin, ABCC, Bitso, Bitbns, Upbit, Altcoin Trader, BitMarket, B2BX, Bitstamp, C2CX, Instant Bitex, Ovis, Fatbtc, BitFlip, BTC Markets, Bits Blockchain, Poloniex, OKEx, CoinBene, Gate.io, BCEX, Cryptomate and LiteBit.eu. It is usually not presently possible to purchase alternative cryptocurrencies such as XRP directly using US dollars. Investors seeking to acquire XRP should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase XRP using one of the aforementioned exchanges.
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