0.3701USD
-0.0148 (-3.9%)
Market open
18.5BUSD
Market Cap
1.3BUSD
Daily Volume
49.4BXRP
Circulating Supply
100BXRP
Total Supply
Market Type
Broker
Exchange
Trading Type
Spot
Perpetual Futures
Futures
Country
United States
Germany
United Kingdom
China
App
Android
iPhone
Name
Maker Fee
?
Taker Fee
?
24h Volume
?
Last Price
FTX
Spot
0.02%
0.07%
45.1MUSD
0.3733USD
-5% lifetime trading fee discount
Bybit
Perpetual Futures50x
-0.025%
0.075%
83.8MUSD
0.3734USD
Phemex
Perpetual Futures20x
-0.025%
0.075%
35.7MUSD
0.3733USD
FTX
Perpetual Futures101x
0.02%
0.07%
45.7MUSD
0.3731USD
-5% lifetime trading fee discount
BitMEX
Perpetual Futures50x
-0.01%
0.075%
2.3MUSD
0.3732USD
-10% trading fee discount for 6 months
Bitfinex
Perpetual Futures
-0.02%
0.075%
1.4MUSD
0.3732USD
Bitfinex
Spot
0.1%
0.2%
1.5MUSD
0.3731USD
Kraken
Spot
0.16%
0.26%
4.2MUSD
0.3731USD
Kraken
Perpetual Futures50x
-0.02%
0.075%
! 289.8KUSD
0.3736USD
Kraken
FuturesMonthly50x
-0.02%
0.075%
! 165.5KUSD
0.3776USD
Kraken
FuturesQuarterly50x
-0.02%
0.075%
! 89.5KUSD
0.3701USD
CEX.IO
Spot
0.16%
0.25%
! 165.0KUSD
0.3735USD
Coinbase
Broker
1.49%
1.49%
-
0.3732USD
Co
Coinmama
Broker
-
6.2%
-
0.3732USD
No Results, try adjusting your search.
Ripple aims to facilitate international payment transactions between banks by making them more efficient and less expensive. The payment network focuses on transactions between different currency areas and attempts to make inefficient payment corridors more efficient. Ripple is not just a conventional cryptocurrency, but offers a comprehensive system of several products being actively researched and developed by Ripple Labs. These include xCurrent, xVia, and xRapid. The latter ensuring liquidity in international payment transactions, minimising costs, and accelerating transactions. It fixes a major problems of banks and payment service providers by reducing the capital requirements on the nostro and loro accounts, where units of every currency exchanged need to be held until a transaction is complete. Liquidity can be offered on-demand with the help of Ripple’s native XRP token.
xCurrent, on the other hand, is an application enabling cross-border transactions cost-effectively, end-to-end, and within a few seconds. Ripple estimates that banks could recuse their payment transaction costs by around 33% when using their system. xCurrent can moreover be used as a means to confirm incoming and outgoing transactions in real-time and unalterably.
Ripple's price today is 0.3701 USD with a 24-hour trading volume of 1.3 Billion USD. XRP's price has changed -3.9% in the last 24 hours.
Official
Development
0.0027USD
All time low
3.4USD
All time high
0.3715USD
Daily low
0.3909USD
Daily high
Ripple Labs has focused on building partnerships with bank and remittance services to increase adoption of its XRP token. While many of these are still in the testing phase, other services have started entering this competitive market. XRP's success will partly depend on whether payment partners will want to use this third-party platform, or develop their own solution.
The best exchange to trade Ripple with USD is the FTX Spot Market, where 1 XRP is worth 0.3733 USD with a 24 hour trading volume of 45.1 Million USD.
The cryptocurrency XRP is often criticised and sometimes controversially discussed. The main reason being that the token was not issued in a decentralised way, but is mostly held centrally by its developers. About 55% of all XRP coins are currently reserved for the developers and stored on a cryptographically secured Escrow account. This ensures that the developers do not have continuous access to the entirety of the reserved 55 billion XRP. Recently, an average of around 300 million XRP have been introduced into circulation every month by this measure.
Similar Assets