XRP
Digital payment protocol designed for fast, low-cost international money transfers.
About XRP
XRP is a digital asset native to the XRP Ledger (XRPL), an open-source, permissionless, and decentralized blockchain technology designed specifically for the financial services industry. Launched in 2012, XRP was created to act as a faster, cheaper, and more sustainable alternative to traditional payment systems like SWIFT and to overcome the limitations of older cryptocurrencies like Bitcoin. While often associated with the technology company Ripple, XRP is independent of the company and operates on a decentralized peer-to-peer network maintained by a global community of validators.
Key Features
Fees & Pricing
Spot Trading Fee
0.00001 XRP (network fee)
Futures Trading Fee
0.01% / 0.05%
Withdrawal Fee
Minimal (0.1 - 1 XRP)
Minimum Deposit
20 XRP (to activate wallet)
Platform & Services
Payment Methods
Products & Services
Support Options
Security & Compliance
Regulatory Status
Legally declared a non-security in the US (2023 ruling), enabling wide exchange relisting.
Security Features
Pros & Cons
Pros
- Established cryptocurrency
- Active development
- Strong community
- Cross-Border Payments
Cons
- Market volatility
- Regulatory uncertainty