RIPPLE

ABOUT RIPPLE

What is Ripple?

Ripple is a blockchain-based payment protocol favoured by banks and other financial institutions. It is considered to be more secure than other crypto networks and offers lower transaction costs.Ripple's native currency is XRP but the network also supports the exchange of other cryptos as well as fiat currency and other units of value. Ripple was founded in 2012 as Opencoin and renamed in 2015.

Why trade in Ripple?

Ripple is attracting the attention of traders for a number of reasons. Some of them are as follows:

  • It has been adopted by a number of banks and financial institutions.
  • It offers greater security than other cryptos and lower transaction costs.
  • XRP costs much less than other major cryptos.
  • It is likely to become more relevant, along with other cryptos, as societies move away from cash and towards electronic payments.
  • Transactions are private.
ABOUT RIPPLE

What we offer?

Nascent Assets will advise you on the know-how of Ripple trading. You will be guided through the steps taken in buying Ripple, managing your capital and giving you an idea of how much should you choose to trade. Contact us if you would like to receive more information.

What are the risks in Ripple trading?

Inexperienced traders should always seek the guidance of experts before trading in Ripple. Some of the risks associated with trading in Ripple are as follows:

  • The price of XRP is volatile, meaning you could lose money if you trade at the wrong time.
  • Digital currency exchanges can be hacked.
  • The long-term value of Ripple depends on how widely blockchain technology is used.
  • Ripple could be rendered obsolete in the future if a technology emerges that allows for quicker and more secure digital transactions.
  • XRP is not decentralised as Ripple owns the majority of XRP coins in existence.

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