Ripple XRP (XRP) quote

The cryptocurrency market is increasingly heated, it is possible to choose attractive options in addition to Bitcoin, for example, choose buy Ripple today. We know that there are many doubts on how to buy cryptocurrencies in Brazil, so don't worry. We have separated the best content for you to invest in cryptocurrencies, easily and quickly.

This article was created especially for you to know the best sites that sell Ripple in Brazil. Choose which site meets your needs and create an account to buy Ripple.

What is Ripple?

Today Ripple is a private company responsible for the creation, development and application of assets and services such as XRP and RippleNet.

It is the currency that more appreciated in 2017 and works with global money transactions using  blockchain  to transfer money between one country and another.

What is RippleNet?

RippleNet is a set of tools developed by Ripple today to improve global value transfer systems, especially in relation to financial institutions and companies.

It consists of 3 payment solutions:  xRapid,  xCurrent e  xvi. The solutions had been promoted individually, but this seems to have confused the market.

Then, in October 2019, Ripple started promoting the 3 services under the umbrella term of “RippleNet”, accessed on a  single portal. Through RippleNet it is possible to send and receive payments from around the world efficiently.

Who created this cryptocurrency?

The initial idea came from Ryan fugger  e  JedMcCaleb. In 2011, McCaleb started working on a cryptocurrency that could reach consensus PULL o process of mining  existing on the network Bitcoinchecking transactions.

Since 2004, Fugger has worked on a monetary system that would be decentralized in nature and facilitate the creation of community-specific value systems.

In 2012, McCaleb and the investor Chris Larsen, presented Fugger with the proposal to combine his ideas. Fugger gave the lead to McCaleb and Larsen to co-found OpenCoin in 2012.

OpenCoin, a private company, started working on creating a set of tools to transfer value quickly and effectively globally.

At the time, the suite of solutions included the Ripple protocol and payment and exchange network.

In 2013 he changed his name to Ripple Labs. Currently the company is responsible for the creation of the ripple cryptocurrency (XRP), as well as RippleNet.

Now you know the cryptocurrency and the technology behind it, learn how to buy Ripple in Brazil.

Transfer your XRPs to a secure wallet

Now it's time to store these coins in a safe place, as it is not recommended to leave coins standing on exchanges.

Download a wallet indicated by Ripple, create an address and transfer your NovaDAX XRPs to your personal Wallet. That way, these coins will be safely stored with you.

Where to buy Ripple Brazil?

To buy Ripple in Brazil, with BRL, the safest method is to buy BTC on popular exchanges like Bitcoin and Foxbit Market and then exchange the currency at the biggest exchange offices.

Where can I buy Ripple?

The main places to buy Ripple are: eToro, Bithumb, Bitfinex, Poloniex, Bitstamp e Binance. Usually, you need to pay in bitcoin or dollar.

Buy Ripple PayPal

For those wishing to buy Ripple with Paypal, eToro is the best option, as they also have deposits with paypal, neteller and skrill.

Visit eToro

How to buy ripple at Binance

At Binance the customer can buy XRP directly from one of the largest exchanges. Payment options are: credit card, debit card and bank transfer. The registration system is intuitive and easy.

However, just as with NovaDAX, verify your account before purchasing XRP, ensure the security of your account before purchasing. One of the main advantages of buying at Binance is liquidity, this is the largest cryptocurrency exchange platform in the world, so you can buy quickly.

Visit Binance

What to do after buying XRP?

After buying XRP you can do 3 things:

1. Store in a secure wallet: some people buy cryptocurrencies to keep, that is, they keep waiting for the appreciation. Something similar might happen with bitcoin, cryptocurrencies work well in the long run and some investors recognize that. Some practical wallet options can be downloaded to your cell phone.
2. Trade: It is possible to make quick buying and selling operations to profit from the price variation, however, you need to understand about the financial market, so as not to be at a loss.
3. Transfer, spend and donate: XRP is used globally for payments, you can use it to buy something, you can spend it buying other cryptocurrencies and you can donate XRP for global projects such as Binance Charity, this project accepts donations at Ripple and helps people in need around the world.

Finally, we hope you enjoyed this article on how to buy Ripple, be sure to study about cryptocurrencies and make your purchases on secure platforms.

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