Mika
VIP Contributor
Since its launch in 2009, Bitcoin has remained the top cryptocurrency (in terms of price value and market cap rank); however, other cryptocurrencies are also sailing smoothly. Ripple is one such coin that is growing big day by day.
Ripple (XRP) was basically created for entrepreneurs and businesses for cross-border transactions. Ripple is faster and also has one of the cheapest fees in the cryptocurrency market.
Using fiat currency for cross-boarder transactions is a very lengthy process. It takes at least 3 business days. However, if you use ripple, you can send any amount of money in less than a minute.
Ripple price has surged in 2021, currently, it is $1.28, however, it is yet to reach the heights it had reached in 2017 when it managed to remove Ethereum from the second position of the market cap rank.
Ripple (XRP) was basically created for entrepreneurs and businesses for cross-border transactions. Ripple is faster and also has one of the cheapest fees in the cryptocurrency market.
Using fiat currency for cross-boarder transactions is a very lengthy process. It takes at least 3 business days. However, if you use ripple, you can send any amount of money in less than a minute.
Ripple price has surged in 2021, currently, it is $1.28, however, it is yet to reach the heights it had reached in 2017 when it managed to remove Ethereum from the second position of the market cap rank.
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