Buy Ripple (XRP)

Ripple was founded by Ripple Labs (which still maintains it) in 2012 as a follow-on iteration of Ripplepay and consolidated as a platform for the cryptocurrency XRP, of which it is an acronym. Like most existing cryptocurrencies, Ripple is based on the idea of a distributed network that requires multiple parties to verify transactions, so it does not need a centralised authority to control what happens within it.

Ripple provides a seamless global payment system using blockchain technology . By joining Ripple's growing global payment network, financial institutions can process their customers' money transfers anywhere in the world in real time, reliably and at low cost. Banks and payment service providers can use XRP's digital currency to further reduce costs and enter new markets securely.