What are the best exchanges to buy Ripple (XRP)?

Nonetheless, many popular exchanges continue to sell Ripple (XRP). We feature the 8 best exchanges to buy Ripple (XRP) with a credit card, debit card or Bitcoin (BTC). 1. Kraken Founded in 2011, Krakenis one of the most trusted names in the cryptocurrency industry with over 9,000,000 users, and over $207 billion in quarterly trading volume.

How does ripple work?

Whenever users make a transaction using the network, the network deducts a small amount of XRP, a cryptocurrency, as a fee. “The standard fee to conduct transactions on Ripple is set at 0.00001 XRP, which is minimal compared to the large fees charged by banks for conducting cross-border payments,” says El Lee, board member of Onchain Custodian.

How to buy ripple with USD?

However, it might be difficult to buy Ripple with USD. The easiest way to purchase XRP is to use either Bitcoin or Ethereum. Buying Bitcoin using fiat currency is quite easy. Most exchanges allow you to purchase it using the local currency or you can buy it peer-to-peer with a service like LocalBitcoins, or through an exchange like Bitstamp.

What are the alternatives to ripple?

Nano (NANO) Our third alternative to Ripple is something a little different. Unlike Ripple and its focus on banks and major financial institutions, Nano (NANO) is designed purely as a peer-to-peer digital currency. Originally known as RaiBlocks, Nano offers instant, zero-fee transactions and is designed to be infinitely scalable.