The newest sensation in digital market, Ripple is the name for a digital currency (XRP) and is also an open payment network under which currency is transferred. It is used as a real-time gross settlement that is transferred from one bank to another on a ‘real time’ and on a ‘gross’ basis. This formed by the Ripple company and is also known as the Ripple Transaction Protocol (RTXP) or Ripple protocol.
The aim of this ripple system is to free the people from the limited ways of financial networks, such as credit cards, banks, PayPal and other institutions that restrict access with fees, charges for currency exchanges and processing delays. Ripple doesn’t depend on the energy and computing intensive proof-of-work as used by Bitcoin.
The Ripple protocol (represented as XRP) is meant to enable instant and direct transfer of money between two parties. Ripple also claims to avoid the fees and wait times of traditional banking and even cryptocurrency transactions through exchanges.
Within a span of just a couple of months, Ripple has become world’s third most valuable cryptocurrency with the growth rate of 28, 000 per cent.
Below-mentioned are some of the easy ways to buy Ripple in India:
Coindelta is a Pune-based exchange started by IIT graduates and provides 24*7 live support for queries users may face.
BTCXIndia is a Hyderabad-based crypto-token exchange company. It has an XRP (Ripple) wallet and exchange for real-time trading for crypto-tokens and rupees, along with added blanket security and reliability.
Delhi-based BuyUCoin gives its users the flexibility to trade, store, use, and accept cryptocurrencies, including such as Bitcoin, Ethereum, Litecoin, Bitcoin Cash, etc.
Bitindia was found in 2017 and is a blockchain wallet and crypto exchange startup. This company allows users to buy and sell Bitcoin, Ethereum, Ripple, and Litecoin in India.
Started in 2017, Mumbai-based Koinex is a digital assets exchange supporting trades in a wide variety of cryptocurrencies, including the most popular ones Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and Ripple.