Posted by Jim Brewer on Jun 17th, 2018 // No Comments
Ripple (CURRENCY:XRP) traded down 0.4% against the dollar during the 1 day period ending at 20:00 PM E.T. on June 16th. Over the last seven days, Ripple has traded 18.
4% lower against the dollar. One Ripple coin can now be bought for $0.53 or 0.00008214 BTC on cryptocurrency exchanges including BTCTurk, Kuna, Poloniex and Kraken. Ripple has a market cap of $20.
99 billion and approximately $202.68 million worth of Ripple was traded on exchanges in the last 24 hours.
Here’s how other cryptocurrencies have performed over the last 24 hours: Get Ripple alerts: XRP (XRP) traded down 6.7% against the dollar and now trades at $0.52 or 0.
00008331 BTC. Stellar (XLM) traded up 0.3% against the dollar and now trades at $0.23 or 0.00003595 BTC.
IOTA (MIOTA) traded 1.4% higher against the dollar and now trades at $1.20 or 0.00018417 BTC.
TRON (TRX) traded up 0.7% against the dollar and now trades at $0.0432 or 0. 664 BTC.
Tether (USDT) traded flat against the dollar and now trades at $1.00 or 0.
00015425 BTC. NEO (NEO) traded down 0.5% against the dollar and now trades at $38.20 or 0.00586754 BTC.
Binance Coin (BNB) traded 4.6% higher against the dollar and now trades at $15.81 or 0.00242820 BTC. VeChain (VEN) traded up 3.
1% against the dollar and now trades at $2.95 or 0.00045344 BTC. Ontology (ONT) traded up 1.9% against the dollar and now trades at $6.11 or 0.00093541 BTC. Zilliqa (ZIL) traded 1.
8% lower against the dollar and now trades at $0.0859 or 0.00001316 BTC.
Ripple Profile Ripple’s genesis date was February 2nd, 2013.
Ripple’s total supply is 99,991,944,394 coins and its circulating supply is 39,245,304,677 coins. The Reddit community for Ripple is /r/ripple and the currency’s Github account can be viewed here . Ripple’s official message board is www.xrpchat.
com . Ripple’s official website is ripple.com . Ripple’s official Twitter account is @Ripple and its Facebook page is accessible 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. “
Buying and Selling Ripple
Ripple can be bought or sold on the following cryptocurrency exchanges: Orionx, Stellar Decentralized Exchange, Coinone, Gate.io, BitFlip, CoinFalcon, LiteBit.eu, Qryptos, Koinex, LakeBTC, Bitstamp (Ripple Gateway), Exrates, Braziliex, Binance, Bitstamp, RippleFox, Tripe Dice Exchange, OKEx, Poloniex, CoinEx Market, Unocoin, Ovis, Kuna, Coinbe, Quoine, Zebpay, BTC Trade UA, HitBTC, Cryptomate, Sistemkoin, Bitbns, Huobi, Fatbtc, Korbit, OTCBTC, CoinBene, The Rock Trading, GOPAX, Gatehub, BTC Markets, BCEX, xBTCe, BitMarket, BX Thailand, Indodax, ZB.
COM, Koineks, BitBay, Mr. Exchange, Abucoins, Bitlish, CoinEgg, Bitsane, Upbit, Kraken, Ripple China, Bitfinex, Coinrail, Exmo, Bits Blockchain, Bitbank, Bittrex, Bitso, BTCTurk, CEX.IO, Vebitcoin and Bithumb.
It is usually not possible to purchase alternative cryptocurrencies such as Ripple directly using U.S. dollars. Investors seeking to trade Ripple should first purchase Ethereum or Bitcoin using an exchange that deals in U.S.
dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ripple using one of the aforementioned exchanges. Receive News & Updates for Ripple Daily – Enter your email address below to receive a concise daily summary of the latest news and updates for Ripple and related cryptocurrencies with MarketBeat.com’s FREE CryptoBeat newsletter ..