validators/strong>/a> (designated servers) that deal with transactions. The algorithm’s data format is comparable to that of a blockchain because each new data block contains the hash of the one before it.<\/p>\r\n<p>Each transaction is processed equally across all servers in the network, and any transaction that complies with the protocol is immediately confirmed. Since no single participant makes decisions independently, all validated transactions can be performed without a risk of failure. Besides, for a transaction to reach consensus and be added to the XRP Ledger, it must be approved by a majority of <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//learn//crypto-terms//what-is-node/">nodes/strong>/a> (80%).<\/p>\r\n<h2>The Founders of XRP Ledger<\/h2>\r\n<p>In 2012, <strong>David Schwartz, Jed McCaleb, and Arthur Britto<\/strong> released the XRP Ledger together with the XRP token. Don't forget to check out the XRP price chart above if you’re interested in the current XRP price.<\/p>\r\n<p>However, in the same year, Jed McCaleb and Chris Larsen also co-founded OpenCoin, which later was renamed Ripple Labs and, eventually, Ripple. <strong>There’s often a misunderstanding of how exactly Ripple, XRP Ledger, XRP Coin, and Ripple Network are related.<\/strong><\/p>\r\n<p>Simply put, XRP Ledger is a blockchain, XRP is the native coin of that blockchain, Ripple Network is a worldwide payment network, and Ripple is the company behind it.<\/p>\r\n<p>Ripple was initially founded by Ryan Fugger in 2004. The protocol's central concept was the replacement of banks with a peer-to-peer network of financial relationships. At that time the whole crypto world was not invented yet.<\/p>\r\n<p>However, Fugger was approached in 2012 with a proposal for a creation of a digital currency by an American programmer and businessman Jed McCaleb together with Chris Larsen (an angel investor). After some deliberation, Ryan agreed to the proposal and allowed McCaleb and Larsen to create the Ripple protocol (RTXP) and the Ripple payment and exchange network.<\/p>\r\n<h2>What Is XRP?<\/h2>\r\n<p>As mentioned before, XRP is the native coin of the XRP Ledger. It was created with the thought of being better than <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//buy-bitcoin-btc/">Bitcoin/strong>/a> in terms of speed, cost, scalability, and so on. The max supply of XRP crypto assets is 100 billion coins. 80 billion of that supply was given to Ripple, while the remaining portion was distributed between founders.<\/p>\r\n<p>Essentially, <strong>XRP supplies liquidity<\/strong>, <strong>accelerates cross-border transactions, and<\/strong> <strong>serves as a link between conventional fiat currencies<\/strong>. This means that it can be used as a mediator while converting various fiat currencies. For example, imagine that, in order to exchange one fiat currency for another, you need to use US dollars because these currencies cannot be exchanged directly. XRP coins can be used instead of US dollars as a much faster and less costly alternative.<\/p>\r\n<p>Just keep in mind that the XRP price is quite volatile, just like many other currencies in the crypto market. Why? Essentially, when the market fluctuates due to various external or internal factors, the XRP price, alongside the prices of other assets, fluctuates as well.<\/p>","url":"https:\/\/www.bitdegree.org\/cryptocurrency-prices\/xrp-xrp-price","crypto_currency_info":{"id":3,"crypto_currency_id":176,"description":"XRP (XRP) is a cryptocurrency . XRP has a current supply of 99,989,656,524 with 48,121,609,012 in circulation. The last known price of XRP is 0.8379355 USD and is up 0.25 over the last 24 hours. It is currently trading on 695 active market(s) with $2,010,142,467.00 traded over the last 24 hours. More information can be found at https:\/\/xrpl.org\/.","tags":"[\"medium-of-exchange\",\"enterprise-solutions\",\"binance-chain\",\"arrington-xrp-capital-portfolio\",\"galaxy-digital-portfolio\",\"a16z-portfolio\",\"pantera-capital-portfolio\"]","platform":null,"category":"coin","cmc_logo":"https:\/\/s2.coinmarketcap.com\/static\/img\/coins\/64x64\/52.png","original_links":"{\"website\":[\"https:\\\/\\\/xrpl.org\\\/\"],\"twitter\":[\"https:\\\/\\\/twitter.com\\\/Ripple\"],\"message_board\":[\"http:\\\/\\\/www.xrpchat.com\\\/\"],\"chat\":[],\"facebook\":[],\"explorer\":[\"https:\\\/\\\/xrpcharts.ripple.com\\\/#\\\/graph\\\/\",\"https:\\\/\\\/bithomp.com\\\/explorer\\\/\",\"https:\\\/\\\/xrpscan.com\\\/\",\"https:\\\/\\\/blockchair.com\\\/ripple\",\"https:\\\/\\\/bscscan.com\\\/token\\\/0x1d2f0da169ceb9fc7b3144628db156f3f6c60dbe\"],\"reddit\":[\"https:\\\/\\\/reddit.com\\\/r\\\/ripple\"],\"technical_doc\":[\"https:\\\/\\\/ripple.com\\\/files\\\/ripple_consensus_whitepaper.pdf\"],\"source_code\":[\"https:\\\/\\\/github.com\\\/ripple\\\/rippled\"],\"announcement\":[]}","links":"{\"website\":{\"xrpl.org\":\"https:\\\/\\\/xrpl.org\\\/\"},\"community\":{\"twitter.com\":\"https:\\\/\\\/twitter.com\\\/Ripple\",\"xrpchat.com\":\"http:\\\/\\\/www.xrpchat.com\\\/\",\"reddit.com\":\"https:\\\/\\\/reddit.com\\\/r\\\/ripple\"},\"explorer\":{\"xrpcharts.ripple.com\":\"https:\\\/\\\/xrpcharts.ripple.com\\\/#\\\/graph\\\/\",\"bithomp.com\":\"https:\\\/\\\/bithomp.com\\\/explorer\\\/\",\"xrpscan.com\":\"https:\\\/\\\/xrpscan.com\\\/\",\"blockchair.com\":\"https:\\\/\\\/blockchair.com\\\/ripple\",\"bscscan.com\":\"https:\\\/\\\/bscscan.com\\\/token\\\/0x1d2f0da169ceb9fc7b3144628db156f3f6c60dbe\"},\"technical_doc\":\"https:\\\/\\\/ripple.com\\\/files\\\/ripple_consensus_whitepaper.pdf\",\"source_code\":\"https:\\\/\\\/github.com\\\/ripple\\\/rippled\"}","data":"{\"id\":52,\"name\":\"XRP\",\"symbol\":\"XRP\",\"category\":\"coin\",\"description\":\"XRP (XRP) is a cryptocurrency . XRP has a current supply of 99,989,656,524 with 48,121,609,012 in circulation. The last known price of XRP is 0.8379355 USD and is up 0.25 over the last 24 hours. It is currently trading on 695 active market(s) with $2,010,142,467.00 traded over the last 24 hours. More information can be found at https:\\\/\\\/xrpl.org\\\/.\",\"slug\":\"xrp\",\"logo\":\"https:\\\/\\\/s2.coinmarketcap.com\\\/static\\\/img\\\/coins\\\/64x64\\\/52.png\",\"subreddit\":\"ripple\",\"notice\":\"\",\"tags\":[\"medium-of-exchange\",\"enterprise-solutions\",\"binance-chain\",\"arrington-xrp-capital-portfolio\",\"galaxy-digital-portfolio\",\"a16z-portfolio\",\"pantera-capital-portfolio\"],\"tag-names\":[\"Medium of Exchange\",\"Enterprise Solutions\",\"Binance Chain\",\"Arrington XRP Capital Portfolio\",\"Galaxy Digital Portfolio\",\"a16z Portfolio\",\"Pantera Capital Portfolio\"],\"tag-groups\":[\"INDUSTRY\",\"INDUSTRY\",\"PLATFORM\",\"CATEGORY\",\"CATEGORY\",\"CATEGORY\",\"CATEGORY\"],\"urls\":{\"website\":[\"https:\\\/\\\/xrpl.org\\\/\"],\"twitter\":[\"https:\\\/\\\/twitter.com\\\/Ripple\"],\"message_board\":[\"http:\\\/\\\/www.xrpchat.com\\\/\"],\"chat\":[],\"facebook\":[],\"explorer\":[\"https:\\\/\\\/xrpcharts.ripple.com\\\/#\\\/graph\\\/\",\"https:\\\/\\\/bithomp.com\\\/explorer\\\/\",\"https:\\\/\\\/xrpscan.com\\\/\",\"https:\\\/\\\/blockchair.com\\\/ripple\",\"https:\\\/\\\/bscscan.com\\\/token\\\/0x1d2f0da169ceb9fc7b3144628db156f3f6c60dbe\"],\"reddit\":[\"https:\\\/\\\/reddit.com\\\/r\\\/ripple\"],\"technical_doc\":[\"https:\\\/\\\/ripple.com\\\/files\\\/ripple_consensus_whitepaper.pdf\"],\"source_code\":[\"https:\\\/\\\/github.com\\\/ripple\\\/rippled\"],\"announcement\":[]},\"platform\":null,\"date_added\":\"2013-08-04T00:00:00.000Z\",\"twitter_username\":\"Ripple\",\"is_hidden\":0,\"date_launched\":null,\"contract_address\":[{\"contract_address\":\"0x1d2f0da169ceb9fc7b3144628db156f3f6c60dbe\",\"platform\":{\"name\":\"BNB Smart Chain (BEP20)\",\"coin\":{\"id\":\"1839\",\"name\":\"BNB\",\"symbol\":\"BNB\",\"slug\":\"bnb\"}}},{\"contract_address\":\"0x9eaefb09fe4aabfbe6b1ca316a3c36afc83a393f\",\"platform\":{\"name\":\"Klaytn\",\"coin\":{\"id\":\"4256\",\"name\":\"Klaytn\",\"symbol\":\"KLAY\",\"slug\":\"klaytn\"}}}],\"self_reported_circulating_supply\":null,\"self_reported_tags\":null,\"self_reported_market_cap\":null}","launched_at":null,"created_at":"2022-03-25T14:20:16.000000Z","updated_at":"2023-05-18T14:34:11.000000Z"},"social_profile":{"id":172,"profilable_type":"CryptoCurrency","profilable_id":176,"twitter":"{\"name\":\"Ripple\",\"username\":\"@Ripple\",\"follower_count\":2710283,\"following_count\":973,\"tweet_count\":8799,\"created_at\":\"2012-12-31 00:00:00\"}","reddit":"{\"hot\":[]}","github":"{\"stars\":4383,\"watchers\":506,\"forks\":1523,\"language\":\"C++\",\"license\":\"ISC License\",\"repo_name\":\"ripple\\\/rippled\",\"repo_link\":\"https:\\\/\\\/github.com\\\/ripple\\\/rippled\",\"public_repos\":77,\"bio\":\"Open Source from Ripple, Inc.\",\"type\":\"Organization\",\"username\":\"ripple\",\"user_link\":\"https:\\\/\\\/github.com\\\/ripple\",\"created_at\":\"2013-01-01 00:00:00\"}","telegram":null,"domain":"{\"domain_rating\":75,\"ahrefs_top\":41528,\"traffic\":14227.070561971197,\"website\":\"https:\\\/\\\/xrpl.org\"}"},"buy_page":{"id":6,"crypto_currency_id":176,"button_link":"https:\/\/www.bitdegree.org\/crypto\/goon\/binance","slug":"ripple-xrp","created_at":"2020-12-29T08:37:49.000000Z","updated_at":"2024-01-09T11:27:13.000000Z","content":null,"middle_cta_text":"While there are quite a few different ways of how you could acquire some Ripple coins for yourself, buying XRP with a debit or credit card will usually be seen as \u201cthe way to go\u201d. For starters, it\u2019s the simplest way of going about it - if you can make a bank or credit card payment, you can definitely purchase Ripple, no sweat! Another notable aspect would be the speed at which such transactions are performed - you can expect your coins to arrive into your wallet in seconds from you pressing the \u201cPurchase\u201d button!","introduction":"People have multiple different reasons why they choose to buy Ripple with a credit card, bank transfer, or any other method. The biggest appeal of Ripple - same as most other altcoins out there - is the volatility aspect of the coin. While this means that the price of the crypto is going to fluctuate quite a bit, it may also result in the buyer making a decent profit!","reasons":{"titles":["Asset Transfer Availability","Instant Transactions","A Safe and Reliable Network","Integration With Major Financial Institutions","What Can Ripple & Similar Altcoins Be Used For?"],"texts":["Ripple (the company behind the cryptocurrency XRP) prides itself on having built a decentralized network of asset transferring. If you choose to buy Ripple with debit card, and would like to transfer some assets on the Ripple network, you\u2019ll be able to do so with a comparatively small fee.","A feature that is very often discussed among people who want to buy XRP with credit card instantly is the transaction speed of the network in question. Ripple offer users (both individuals, and major financial institutions, such as banks) amazing transaction speeds on their blockchain.","If you decide to buy Ripple with debit card instantly, you\u2019ll be able to do so via a completely safe and secure network. The company behind the Ripple project notes that the decentralized nature of their project makes XRP a very reliable choice for all of your cryptocurrency investing and transferring wants and needs. Start making fast and secure payments today!","One major strength that Ripple has over a lot of other cryptocurrencies out there is the fact that it\u2019s a much more-approachable project for large FinTech firms and financial institutions worldwide. This, in turn, makes Ripple a very liquid option, investment-wise - if you\u2019re looking to buy XRP with credit card, this is a major factor to keep in mind!","Planning to buy Ripple with a credit or debit card, you probably already have a pretty good idea concerning the main purpose that you\u2019d have for this coin. In general, though, people tend to buy Ripple either for investment purposes, or due to the asset transfer network that the XRP cryptocurrency supports and is used for."]},"benefits":{"texts":["If you choose to buy Ripple with credit card instantly, you will likely be able to <strong>trade it instantly<\/strong>, too. Ripple is one of the more-popular cryptos on the market - you should be able to find a wide selection of trading pairs that would involve XRP. All that you really need to do at that point is pick <a href=https://www.bitdegree.org/"//crypto//best-cryptocurrency-exchange/">the right cryptocurrency exchange platform<\/a>, decide on some other altcoins that you\u2019d like to purchase, and trade your XRP for them!","Upon deciding to buy XRP with debit card, you will probably want to find <strong>a good place to store your crypto coins<\/strong>, too! While there\u2019s always the option to keep the coins on an exchange, it\u2019s a better idea to look into <a href=https://www.bitdegree.org/"//crypto//best-cryptocurrency-wallet/">some of the better crypto wallets out there<\/a>. If you want the best security possible, your best bet is going to be <a href=https://www.bitdegree.org/"//crypto//cold-wallet/">a hardware wallet<\/a> - products such as <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//goon//ledger-nano-x/" target=\"_blank\" rel=\"nofollow noindex noopener\">Ledger Nano X<\/a> or <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//goon//trezor-model-t/" target=\"_blank\" rel=\"nofollow noindex noopener\">Trezor Model T<\/a> will keep your XRP secure!","Now, what\u2019s the point of buying Ripple if you can\u2019t spend it, right? XRP can be spent in a few different places, and for a few different services. You can surely purchase products and services with this crypto (<em>it being one of the more widely-integrated cryptocurrencies on the market<\/em>), but you can also use it for <strong>various asset transferring purposes on the Ripple network<\/strong>. Buy XRP with debit or credit card, and spend it as you wish!","As you are probably aware by now, the Ripple network offers some <strong>amazing transaction speeds<\/strong>. What this means is that you can send your XRP coins to another person, and no matter where that person is located, they will receive your coins in a matter of seconds. So, if you\u2019d like to transfer money to a distant relative, or some friends overseas, Ripple might just be the way to do so! Naturally, they would have to be crypto-savvy, too!","Believe it or not, but most people buy Ripple with credit card in order to\u2026 <em>Sell it!<\/em> XRP is often viewed as one of the better crypto investments, both for long-term <em>hodling<\/em>, and also day trading, too. If you\u2019re knowledgeable about <a href=https://www.bitdegree.org/"//crypto//best-cryptocurrency/">the cryptocurrency industry<\/a>, and have been following Ripple\u2019s development for some time now, the coin (<em>the technology behind it<\/em>) might just be worth considering as a possible investment opportunity!","Now, if you want to buy Ripple with credit card, debit card, or any other method, that\u2019s all <em>fine and dandy<\/em>. However, it\u2019s worth considering the fact that, once you\u2019re an XRP holder, you\u2019ll probably want to <strong>broaden your knowledge regarding the coins in question<\/strong>, and the technology upon which they are issued, right? Well, if that\u2019s the case, make sure to check out <a href=https://www.bitdegree.org/"//crypto//tutorials/">our guides on Ripple and XRP, and any other crypto topics out there<\/a>!"]},"faq":{"answers":["<a href=https://www.bitdegree.org/"//crypto//ripple-coin/">XRP/strong>/a> is one of the <em>more-popular<\/em> cryptocurrencies on the current market. It’s a rather unique crypto in the sense that it has <strong>a whole organization behind it<\/strong> (<em>while the company is called Ripple, the cryptocurrency itself is actually called XRP<\/em>). Having this unique feature means that the cryptocurrency has a strong backing, which can be a very important factor for anyone who’s looking to buy Ripple with credit card!","Well, for starters, Ripple isn’t a “<em>community-driven project<\/em>”. The crypto coin has <strong>a strong backing<\/strong> - a whole company behind it, which then leads to <strong>increased reliability and trust in the project<\/strong>. Anyone looking to buy XRP with debit card instantly should also know that the <a href=https://www.bitdegree.org/"//crypto//best-cryptocurrency/">cryptocurrency/strong>/a> can be used in regards to <strong>asset transferring on the Ripple network<\/strong>.","Ripple offers users some <strong>very fast transaction speeds<\/strong>. Upon making a payment with XRP, you can expect the other party to receive that payment (<em>transfer<\/em>) in a matter of seconds. Ripple is also <strong>very secure<\/strong>, <strong>censorship-resistant<\/strong>, and there’s <strong>a finite number<\/strong> of XRP coins in existence.","The most common reason why people buy Ripple with credit card is for the purpose of <strong>investing in the cryptocurrency<\/strong>, in hopes that it will rise in price with time. That said, XRP can also be used as payment for asset transferring on the Ripple network. These assets can be <a href=https://www.bitdegree.org/"//crypto//best-cryptocurrency/">other cryptocurrencies<\/strong><\/a>, or even real-world (<em>fiat<\/em>) currencies, too.","Judging by <strong>the overall sentiment expressed by the market<\/strong>, it seems that people who are looking to buy Ripple with debit card are going to be reassured - <em>the cryptocurrency is definitely worth looking into!<\/em> While it does depend on <em>a wide variety of different factors<\/em>, in general, Ripple might just be worth considering as a possible investment opportunity!","If you’re looking to buy Ripple with credit card instantly, probably the best option that you’ll have is finding <a href=https://www.bitdegree.org/"//crypto//best-cryptocurrency-exchange/">a reliable and high-end crypto exchange<\/strong><\/a> that will allow you to do just that. Most <em>top-of-the-line<\/em> exchanges are going to allow you to buy Ripple with fiat money, no problem, so make sure to only resort to these platforms (<em>they will offer top-tier security features, too<\/em>)."],"questions":["What is Ripple?","How does Ripple differ from other cryptocurrencies?","What are the main features of Ripple?","What can Ripple be used for?","Is Ripple worth buying?","What is the best way to buy Ripple?"]},"status":"published","url":"https:\/\/www.bitdegree.org\/crypto\/buy-ripple-xrp"},"halving_page":null}"
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