XRP (XRP) Reaches One Day Trading Volume of $440.78 Million
XRP (CURRENCY:XRP) traded 0.2% higher against the US dollar during the 1-day period ending at 20:00 PM Eastern on February 2nd. During the last seven days, XRP has traded down 1.9% against the US dollar. One XRP coin can currently be purchased for about $0.31 or 0.00008817 BTC on popular cryptocurrency exchanges including Coinbe, Bitbns, BitMarket and Indodax. XRP has a market capitalization of $12.71 billion and $440.78 million worth of XRP was traded on exchanges in the last 24 hours.
Here’s how other cryptocurrencies have performed during the last 24 hours:
- Tether (USDT) traded down 0.4% against the dollar and now trades at $1.00 or 0.00028622 BTC.
- TRON (TRX) traded 1.2% lower against the dollar and now trades at $0.0259 or 0.00000739 BTC.
- Stellar (XLM) traded 1.2% lower against the dollar and now trades at $0.0824 or 0.00002353 BTC.
- Bitcoin SV (BSV) traded up 1% against the dollar and now trades at $64.94 or 0.01854533 BTC.
- Binance Coin (BNB) traded up 3.9% against the dollar and now trades at $6.81 or 0.00194379 BTC.
- NEO (NEO) traded up 2.5% against the dollar and now trades at $7.20 or 0.00205516 BTC.
- VeChain (VET) traded 0.2% lower against the dollar and now trades at $0.0039 or 0.00000111 BTC.
- TrueUSD (TUSD) traded down 0.2% against the dollar and now trades at $1.01 or 0.00028965 BTC.
- Augur (REP) traded up 19.1% against the dollar and now trades at $15.45 or 0.00441284 BTC.
- Holo (HOT) traded down 6.6% against the dollar and now trades at $0.0012 or 0.00000034 BTC.
About XRP
XRP’s launch date was February 2nd, 2013. XRP’s total supply is 99,991,708,587 coins and its circulating supply is 41,163,466,448 coins. The Reddit community for XRP is /r/ripple and the currency’s Github account can be viewed here. XRP’s official Twitter account is @Ripple and its Facebook page is accessible here. XRP’s official website is ripple.com/xrp. XRP’s official message board is www.xrpchat.com.
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 XRP
XRP can be bought or sold on the following cryptocurrency exchanges: Kuna, FCoin, ABCC, BitFlip, Instant Bitex, B2BX, BX Thailand, OpenLedger DEX, Coinsquare, BTC Trade UA, Indodax, Bithumb, Ovis, Coinhub, Covesting, Coinbe, Cryptohub, DigiFinex, Cryptomate, GOPAX, OTCBTC, Poloniex, Vebitcoin, Gatehub, Huobi, MBAex, RippleFox, Fatbtc, Tripe Dice Exchange, OKEx, HitBTC, Exrates, Coindeal, Bitlish, CoinFalcon, Ripple China, Bitbns, CoinEgg, Upbit, DragonEX, Korbit, BtcTurk, Gate.io, Koinex, Bitstamp (Ripple Gateway), Stellarport, C2CX, BTC Markets, Kraken, Bitstamp, BCEX, Stellar Decentralized Exchange, Bitbank, Braziliex, CoinBene, Bitinka, LakeBTC, Independent Reserve, Bitso, CEX.IO, WazirX, LiteBit.eu, ZB.COM, Koineks, Altcoin Trader, Coinrail, Liquid, Bits Blockchain, Coinsuper, Bitsane, Binance, Sistemkoin, Coinone, Bitfinex, Exmo, Bittrex, Zebpay, BitBay and BitMarket. It is usually not possible to purchase alternative cryptocurrencies such as XRP directly using US dollars. Investors seeking to acquire XRP should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase XRP using one of the exchanges listed above.
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