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Ripple, commonly referred to as XRP, is a decentralized digital currency created in 2012. Ripple has been adopted by banks and payment networks as a settlement infrastructure technology, making it a major cryptocurrency. It’s already been acknowledged by companies such as UniCredit, UBS, and Santander.
XRP cannot be mined like Bitcoin. The total market cap of XRP is already in existence, but not all XRP are in circulation yet.
Ripple’s network can handle significantly higher transaction volumes than other leading cryptocurrencies. This means that XRP is not plagued with the same scalability issues as certain other cryptocurrency projects.
One of the advantages of buying cryptocurrency like XRP is that it offers a decentralized alternative to traditional payment systems. Unlike banks, which can take several days to process international transactions, XRP transactions can be completed within seconds, making it an attractive option for businesses and individuals that need to send or receive payments quickly.
Buying Ripple with Coinmama has never been easier. You can buy XRP from the comfort of your home or even via your phone while you are on the go! Our industry-leading customer service is available 24/7 to make your purchase simple, smooth, and secure. So, what are you waiting for?
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