Can I Trade XRP on WhiteBIT?

November 1, 2022

XRP is a popular digital asset traded on all large crypto platforms. In this article, we will discuss the Ripple token and see what options the WhiteBIT exchange offers.

Ripple is a crypto project that is supposed to surpass traditional financial systems like Swift in the future. The platform’s developers built a secure and reliable service for instant currency transfers all around the world, bringing remittances to a completely new level.

Here is what the project offers:

• instant money transfers, supporting fiat and cryptocurrencies;
• low commissions;
• no middlemen, no delays.

Ripple tokens can’t be mined; the entire amount of them (100 billion) was issued at the moment of the Ripple launch. As of October 2022, the Ripple price ranges around $0.45. Since the total number of tokens is big, the Ripple price is not high (supply is significant). Since 2017, the asset’s rate has grown 500 times, but then the Ripple XRP price rolled back.

The Ripple Labs company faced difficulties when the SEC sued it, demanding to claim XRP as security. As long as judicial proceedings are ongoing, the platform cannot develop fully, so the cryptocurrency Ripple XRP price does not rise, even during the bullish market trend. Whales investors hold some part of XRP coins in the long-term, which means they believe the project will boost in the future.

Ripple technology is already used by over 200 financial institutions and banks worldwide, which means it really benefits and facilitates financial processes.

However, as long as proceeding with the SEC is on, the price will not likely rise much.

Where Can I Buy XRP?

Since XRP is on the top list of cryptos, you can buy it on any crypto exchange. For example, you may use WhiteBIT. It is a centralised platform complying with KYC and AML regulations. Popular pairs with XRP on WhiteBIT: XRP USDT, XRP EUR, SOL USDT, BNB USDT, ADA USTD and many others.

WhiteBIT offers a full set of trading tools: futures, p2p, spot, margin, etc. Transactions are executed for a minimum fee of 0.10%. Check out the WhiteBIT exchange and trade Ripple tokens.

EAN Content

Content shared by this account is either news shared free by third parties or sponsored (paid for) content from third parties. Please be advised that links to third party websites are not endorsed by Estate Agent Networking - Please do your own research before committing to any third party business promoted on our website. As an Amazon Associate, I earn from qualifying purchases.

You May Also Enjoy

Breaking News

New analysis shows majority of estate agents complete HMRC AML registration

Just 5% of branches still need to register More than 24,000 UK estate agency branches have registered with HMRC for money laundering supervision – an increase of around 2,300 branches in just over a year, according to new analysis from client due diligence platform Thirdfort. Some 24,003 estate agent branches across the UK have registered…
Read More →
Breaking News

Gen Z could wait until 2044 to buy a home

Getting on the property ladder has never been tougher, and, for Gen Z, it could take up to 18 years to save a deposit in the UK’s least affordable cities, according to new research from Beswicks Legal, comparing 40 urban centres. The figures reveal that in places like Cambridge and London, Gen Z buyers may…
Read More →
Breaking News

Pressure on landlords takes shine off BTL rate cuts

Buy-to-let fixed rates dipped to their lowest points since September 2022, and choice rose to a record high, according to Moneyfactscompare.co.uk. However, landlords are facing financial challenges, and rumours of more tax reforms in the Budget could hit investors hard. •    Average buy-to-let fixed rates over two- or five-year have dipped to their lowest…
Read More →
Letting Agent Talk

Three steps to pet-proof your property ahead of new pet laws

Landlords across the UK are set for one of the biggest shifts in rental regulation in years as the Renters’ Rights Bill edges closer to becoming law. While the bill aims to give tenants a greater right to keep a pet, a new analysis highlights the stark reality of demand versus supply: with a dog…
Read More →
Estate Agent Talk

Budget-Friendly Ways to Boost Property Appeal

Upgrading a property’s appearance doesn’t always require a hefty budget. One of the most impactful yet affordable changes involves refreshing tired flooring, an element that potential buyers and tenants notice immediately upon entering a property. Carpet remnants have become a smart solution for cost-conscious property owners looking to make meaningful improvements, as they offer the…
Read More →
Breaking News

Naked tenants, basement brothels and maggot rain

When a company specialises in 24/7 property management support, it’s got to be ready to handle pretty much anything, as can be attested to by Adiuvo, whose managers have, on more than one occasion, received tenant requests that have caused them to pause and say, wait, what? Adiuvo has now pulled back the curtain on…
Read More →