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.

You May Also Enjoy

Home and Living

4 Ways to Create Your Dream Show Home Kitchen

As a real estate worker, you’ll likely be familiar with creating a show home kitchen, but in doing so, there’s a magic formula to follow to ensure that your show home kitchen will attract and transfix your potential house buyers. If you want to create a kitchen to remember, here are some top tips and…
Read More →
Estate Agent Talk

4 Strategies for Getting the Best Electricity Deals for Your Business

Electricity is one of the most significant operating costs for businesses in the UK, and finding the best deals can make a considerable difference to your bottom line. With energy prices fluctuating and a complex array of tariffs available, securing the most cost-effective electricity deal requires a strategic approach. In this guide, we’ll explore four…
Read More →
Breaking News

Breaking Property News 11/09/24

Daily bite-sized proptech and property news in partnership with Proptech-X.   Glider, an innovator in information management solutions for the built environment, purchases EDocuments This strategic move will enable the combined companies to offer expert support throughout the entire asset lifecycle, from design and construction to operation. As the construction industry evolves to meet new regulatory…
Read More →
Estate Agent Talk

Housing Report: Regions with the Largest Drop in Cash Property Purchases

A new study has uncovered the UK regions with the most significant falls in cash purchases on properties since 2013. Harlow saw the largest decrease between 2013 and 2023, with a 44.9% decrease in cash property purchases. Alongside Harllow, Barking and Dagenham came in second with a fall of 41.4%, and Thurrock, Essex, in third…
Read More →
Rightmove logo
Breaking News

Rightmove agrees new partnership with Women in Estate Agency

Rightmove, the UK’s largest property website, today announces that it has agreed a new two-year partnership with the property network Women in Estate Agency (WIEA). WIEA is formed of a range of property industry professionals, both women and men, who give their time to drive change and equality for women across the estate agency sector.…
Read More →
Breaking News

Rental Reform Needs to Work for Tenants and Landlords

Speaking ahead of publication of the Renters’ Rights Bill later today, Ben Beadle, Chief Executive of the National Residential Landlords Association said: “Plans to reform the private rented sector have been on the table for over five years now. Above all, renters and landlords need certainty about what the future looks like. Whilst we await…
Read More →