Ripple (XRP) is the native currency of the Ripple network that only exists within the Ripple system.
Ripple does not rely on proof-of-work concept. Instead, consensus protocol is used in order to validate account balances and transactions.
One of the specific functions of XRP is as a bridge currency, which can be necessary if no direct exchange is available between two currencies at a specific time, for example when transacting between two rarely traded currency pairs.
All of Ripple 100 billion coins were already „pre-mined“; any transaction requires a commission fee granting that total coins count can only decrease with time.
EXANTE commission fee for trading cryptocurrencies is 0.5%.
To start trading, open an account in EXANTE: follow the link and download your 2 documents. On the same day, the account manager will contact you and help to get the process to the end, and also deal with the functionality of the trading platform and other related processes.
Please contact our 24 hour support for full detail on cryptocurrency trading, at email@example.com