XRP (Ripple)

XRP, developed by Ripple, is a cryptocurrency integral to Ripple's global payment platform, which leverages blockchain technology. As the native token of the XRP Ledger, an open-source, decentralized, and permissionless blockchain, XRP ensures swift transaction processing times of 3-5 seconds. Its design focuses on speed, low cost, scalability, and sustainability, distinguishing itself from Bitcoin by not depending on energy-intensive proof-of-work mining. Primarily, XRP streamlines cross-border payments, facilitating the bridging of various currencies while reducing settlement costs and time. With a fixed supply of 100 billion tokens, all of which are pre-mined, Ripple maintains a significant portion in escrow, releasing a limited quantity monthly into the secondary market.

Available cryptocurrency pairs

Currency pair	Base currency	Quote currency