XRP (CURRENCY:XRP) traded 0.7% lower against the U.S. dollar during the 1-day period ending at 9:00 AM Eastern on September 5th. XRP has a market capitalization of $10.39 billion and $259.24 million worth of XRP was traded on exchanges in the last 24 hours. Over the last seven days, XRP has traded 15.1% lower against the U.S. dollar. One XRP coin can now be bought for about $0.26 or 0.00004167 BTC on exchanges including Bitstamp, Stellarport, Independent Reserve and Indodax.
Here is how similar cryptocurrencies have performed over the last 24 hours:
- Stellar (XLM) traded 0.4% higher against the dollar and now trades at $0.19 or 0.00003066 BTC.
- Tether (USDT) traded up 0.1% against the dollar and now trades at $1.00 or 0.00016001 BTC.
- TRON (TRX) traded 7.9% lower against the dollar and now trades at $0.0175 or 0.00000279 BTC.
- NEO (NEO) traded 6.5% lower against the dollar and now trades at $17.04 or 0.00271513 BTC.
- Binance Coin (BNB) traded down 3.3% against the dollar and now trades at $9.11 or 0.00145128 BTC.
- VeChain (VET) traded down 9% against the dollar and now trades at $0.0125 or 0.00000199 BTC.
- IOStoken (IOST) traded down 0.3% against the dollar and now trades at $0.0396 or 0.00000526 BTC.
- 0x (ZRX) traded down 10.2% against the dollar and now trades at $0.50 or 0.00007917 BTC.
- Zilliqa (ZIL) traded 8.9% lower against the dollar and now trades at $0.0311 or 0.00000495 BTC.
- Maker (MKR) traded down 11.1% against the dollar and now trades at $302.06 or 0.04813533 BTC.
XRP’s launch date was February 2nd, 2013. XRP’s total supply is 99,991,847,422 coins and its circulating supply is 39,712,852,387 coins. XRP’s official Twitter account is @Ripple and its Facebook page is accessible here. The official website for XRP is ripple.com/xrp. The official message board for XRP 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: Ripple China, Tripe Dice Exchange, FCoin, Coinsquare, LakeBTC, Altcoin Trader, Stellar Decentralized Exchange, BCEX, Huobi, BitFlip, Korbit, BTC Markets, Zebpay, DigiFinex, Bitlish, BtcTurk, Bitsane, CoinEx Market, CoinBene, Sistemkoin, Bitbank, BX Thailand, Bitfinex, RippleFox, Coinbe, Bitso, Coinhub, Kuna, Exmo, OpenLedger DEX, OTCBTC, Coinsuper, MBAex, Poloniex, Kraken, Coindeal, Bits Blockchain, CoinFalcon, Binance, Liquid, BitMarket, OKEx, Koinex, Gatehub, Upbit, Bittrex, ZB.COM, DragonEX, Exrates, C2CX, CoinEgg, Indodax, Coinrail, BitBay, ABCC, Bitstamp (Ripple Gateway), CEX.IO, Gate.io, HitBTC, Stellarport, Bitinka, Instant Bitex, Coinone, BTC Trade UA, LiteBit.eu, Independent Reserve, GOPAX, Braziliex, Bitstamp, Bitbns, Cryptohub, Fatbtc, Ovis, Vebitcoin, Bithumb, Koineks, Cryptomate and B2BX. It is usually not possible to buy alternative cryptocurrencies such as XRP directly using U.S. dollars. Investors seeking to trade XRP should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy XRP using one of the aforementioned exchanges.
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