Want to jump straight to the answer? According to our experts, Ripple (XRP) is a good investment with an investment grade rating of 3.2/5 based on the user behavior, developer activity and market maturity factors that trying to assess the overall health, applicability and probability of growth of the project.
You can Buy Ripple with Credit Card or Debit Card in 3 easy steps:
In the following sections, we will explain the process to buy Ripple (XRP) with credit card or debit card in greater detail.
Please note that Cryptocurrency investments are high-risk investments. Any investment decision is under the responsibility of the individual.
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Ripple is a very unique cryptocurrency that differs a lot from other cryptos featuring on the top cryptocurrencies list in a variety of ways. Its first unique feature is the fact that it was founded back in 2012 with the clear aim of tackling the problems of the international payment transfers industry and making international transactions easier, faster and simpler. Unlike most other top cryptocurrencies, in the case of Ripple there is one central entity holding the majority of the coins and that is Ripple labs. Out of the total number of 100 billion XRP that will ever exist, 50 billion are owned by Ripple labs.
|Enables fast cross-border payments, particularly targeting businesses||Strong competition + regulation in market space = slow adoption|
|Name recognition and early market leader in payments space||Highly centralised nodes, privately held for proof-of-correctness algorithm|
|Negligible fees||Recent delistings from exchanges and halts to trading due to court cases|
The fees charged by Ripple for an international money transfer are significantly lower than those charged by financial institutions, while Ripple fees are also lower than other cryptocurrencies. Moreover, via Ripple an international money transfer may be completed in a few seconds as opposed to about a week that is needed through regular channels.
Since Ripple is clearly directed towards international payments its team is able to deliver the best solutions targeted at this particular industry.
Since Ripple has ties with big financial institutions, such as American Express and Santander, it is one of the very few cryptocurrency platforms which are being tested out in the real world.
Contrary to decentralization that is the core idea behind cryptocurrencies, the fact that Ripple labs actually owns half of all the Ripple coins, attracts criticism that Ripple is instead centralized and this is considered a downside by many crypto enthusiasts.
Another con is the fact that since it serves international payments Ripple’s biggest users are banks and financial institutions, who have started developing their own cryptos for international payments purposes.
Though launched in 2012, Ripple’s price has shown noticeable growth since mid-2017, similarly to most other cryptocurrencies. Ever since it has grown enough to now be the third most valuable cryptocurrency with a market capitalization of $34.12 billion. Also, similarly to other cryptos XRP’s top performance in 2017 was followed by a crash in its price by mid-2018, but recovery signs have emerged soon after. Price fluctuations are to expected and as in all cryptos are very much present in the historical performance of Ripple as well.
* The prediction figures outline some of the Potential high and low of Ripple (XRP) price prediction forecasts for the years 2021, 2022, and 2025 based on the data collected from various sources meant strictly for educational purposes only and not taken as investment advice.
By the end of the year 2021, using forecast and algorithmic analysis, our price prediction forecasts suggest that one Ripple will reach an average price of $2.3, which will be an impressive 303% growth from it's current market price.
By the end of the year 2022, our price prediction forecasts suggest that one Ripple will reach an average price of $4, which will be an impressive 527% growth from it's current market price.
By the end of the year 2025, our price prediction forecast suggests that one Ripple will reach an average price of $21.8, which will be an impressive 2874% growth from it's current market price.
There are several online sites and platforms where people from across the globe can buy Ripple at good exchange rates and with low or no transaction fees. To aid your quest we have comprised a list of some of the most popular methods and platforms to buy Ripple from and your strongly advised to consult this list before making your first purchase of or investment in Ripple.
It only takes a few easy steps to buy Ripple with credit card instantly. Speed matters - get instant confirmation, minimal registration & KYC verification!
To discern whether Ripple is a viable investment for you in 2021 you need to understand the different nature of Ripple, which is often viewed as a disrupter of the transaction industry, and discern whether it is suitable for your own needs and wants as an investor.
XRP does suit the needs of different trader and investor styles and it is an altcoin which is respected and established enough to be holding its position in the top five cryptocurrencies globally. Moreover, as its actual usage is aimed towards the needs of mainstream financial institutions, it is also a good choice for thematic investors, particularly those wishing to invest in the future of payment transactions.
Due to its primary usage and link with the more traditional financial institutions, the price of Ripple is impacted and influenced by different factors than those usually affecting the prices of cryptos and due to this Ripple can also be used as a hedging tool when investing in other currencies.
The price of XRP tends to move in tandem with the general cryptos ecosystem and often with that of Bitcoin and as all cryptos XRP is a highly volatile asset which may offer many short-term trading opportunities, thus making it a very good investment vehicle for day traders.
Ripple’s value exploded by an impressive 36,000% in 2017, but when this percentage was translated into actual stock value this was a much less impressive $2.40 stock value. This reveals a risk when investing in cryptos, since high percentages may seem impressive and falsely distract you, so you will need to be able to measure growth in terms of real numbers to have an accurate picture.
There is no guarantee that you will make a profit when you invest in Ripple. However, to give yourself the best chance possible we have hand-picked the three most valuable such strategies, which you can find below:
Ripple’s best features are its fast transaction speeds and ease of performing international payment transactions, which ensure it a vast market presence. Since it is centralized and its majority is controlled by its owner company, contrary to other cryptos Ripple cannot be mined, but can only be obtained if it is bought or traded. Some crypto enthusiasts may be put off by this, especially those with the knowledge and resources to engage in mining. Others may see this as an advantage, since it means that the process of getting hold of some Ripple is clearer and more streamlined.
In this guide, the aim wasn’t only to answer simple questions like “how to buy Ripple?” or “where to buy Ripple?”. Instead, the goal was to equip you with the relevant knowledge and insight to be able to see and understand the bigger picture as well as make your Ripple investment journey as successful and as profitable as possible!
However, Binance isn’t exactly a beginner friendly way to buy Ripple (XRP). Let's just get straight to the point:
|Provider||Payment Method||Fees (Approx.)|
|Kraken||UK Bank Transfer||< 1%|
|Wirex||Debit Card Fees||2.5%|
|Crypto.com||Debit Card Fees||2.99%|
|Coinbase||Debit Card Fees||4%|
|Cryptopay||Debit Card Fees||4%|
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