XRP (XRP) Reaches One Day Volume of $1.60 Billion

   2019-10-17 01:10

XRP (CURRENCY:XRP) traded 1.9% lower against the dollar during the 1 day period ending at 21:00 PM ET on October 16th. One XRP coin can now be bought for about $0.28 or 0.00003550 BTC on cryptocurrency exchanges including Vebitcoin, MBAex, Stellarport and Koinex. XRP has a market capitalization of $12.30 billion and approximately $1.60 billion worth of XRP was traded on exchanges in the last day. During the last week, XRP has traded up 2% against the dollar.

Here is how similar cryptocurrencies have performed during the last day:



  • Tether (USDT) traded 0.3% higher against the dollar and now trades at $1.01 or 0.00012553 BTC.
  • Binance Coin (BNB) traded down 4.2% against the dollar and now trades at $17.73 or 0.00220943 BTC.
  • Bitcoin SV (BSV) traded down 4.7% against the dollar and now trades at $87.32 or 0.01088714 BTC.
  • Stellar (XLM) traded down 3.3% against the dollar and now trades at $0.0622 or 0.00000776 BTC.
  • TRON (TRX) traded 4% lower against the dollar and now trades at $0.0151 or 0.00000189 BTC.
  • Chainlink (LINK) traded down 1.8% against the dollar and now trades at $2.34 or 0.00029197 BTC.
  • COZ (COZ) traded 26.7% higher against the dollar and now trades at $0.22 or 0.00004541 BTC.
  • NEO (NEO) traded 5.9% lower against the dollar and now trades at $7.00 or 0.00087188 BTC.
  • Crypto.com Chain (CRO) traded 0.3% lower against the dollar and now trades at $0.0381 or 0.00000379 BTC.
  • INO COIN (INO) traded 1.5% lower against the dollar and now trades at $1.86 or 0.00023182 BTC.

About XRP

XRP was first traded on February 2nd, 2013. XRP’s total supply is 99,991,330,383 coins and its circulating supply is 43,166,787,298 coins. XRP’s official website is ripple.com/xrp. XRP’s official message board is www.xrpchat.com. 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.

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 these cryptocurrency exchanges: Poloniex, Bitbank, OTCBTC, Fatbtc, Tripe Dice Exchange, Kraken, OKEx, Bitsane, OpenLedger DEX, Coinhub, Gatehub, RippleFox, Koinex, Bits Blockchain, BitFlip, Coinsuper, Sistemkoin, Upbit, BtcTurk, Binance, Altcoin Trader, Gate.io, LakeBTC, DigiFinex, BX Thailand, BTC Markets, Exmo, Coinsquare, GOPAX, Zebpay, Stellarport, CEX.IO, CoinBene, Cryptohub, B2BX, BitMarket, Kuna, Bitbns, Huobi, ABCC, Coinbe, Coindeal, FCoin, WazirX, Instant Bitex, Braziliex, HitBTC, Covesting, Coinrail, Independent Reserve, Cryptomate, BitBay, DragonEX, Bitlish, Bithumb, BTC Trade UA, Vebitcoin, Bitso, LiteBit.eu, Bitstamp, Stellar Decentralized Exchange, Bitinka, Ovis, Liquid, Ripple China, Bitfinex, Bitstamp (Ripple Gateway), Korbit, Bittrex, BCEX, Koineks, CoinEgg, C2CX, Indodax, CoinFalcon, Exrates, ZB.COM, MBAex and Coinone. It is usually not currently possible to buy alternative cryptocurrencies such as XRP directly using US dollars. Investors seeking to trade XRP should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy XRP using one of the aforementioned exchanges.

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