Ripple(XRP) is a real time gross settlement system,currency exchange and remittance network.
It is a Cryptocurrency with an open payment system with goal to allow people to break free from financial institutions like banks,credit cards and other networks that enforce fees and fosters delays.
It was released in 2012 by Ripple lab Inc, a US Based Technology Company.
As per market size and capital,ripple is the third largest Cryptocurrency just behind Bitcoin(BTC) and Ethereum(ETH),that is why we decided to write an article on it.
It houses billions of dollars worth of Cryptocurrency on account.
FEATURES AND ITS MODE OF OPERATION
The ledger employs the decentralized native Cryptocurrency known as XRP which as of September,2018 was the second largest coin by market capitalization.
It has been adopted by banks and payment network as settlement infrastructure technology.
It relies on common shared ledger,which is a distributed database storing information among all ripple account.
HOW TO TRADE RIPPLE IN FOUR SIMPLE STEPS
- Open a trading account with Tehlex
- Fund your account
- Enter your preffered investment account
- Buy or sell RIPPLE XRP