How to buy xrp on cryptocom

If you want to invest in XRP cryptocurrency, you can just buy and hold it on your CEX.IO balance. A lot of users choose this way since they expect its value can increase over time. In addition to storing crypto, here are some options what you can do with your XRP after purchase: Where to buy ripple crypto 2 Products with instant approval have a provisional decision within 60 seconds. However, approval of your application is not guaranteed. The credit provider’s final decision is made at their discretion, subject to decisioning criteria.

The XRP Ledger applies reserve requirements, in XRP, to protect the shared global ledger from growing excessively large as the result of spam or malicious usage. The goal is to constrain the growth of the ledger to match improvements in technology so that a current commodity-level machine can always fit the current ledger in RAM and the full ledger history on disk. Because it’s an open-source, decentralised platform, it’s incredibly safe and secure to buy and sell. It allows much faster transaction times than Bitcoin, so your payments will be confirmed in seconds. Note: The total crypto rewards paid are limited up to $100,000 in exchange volume per month. That means you’ll get rewarded until your total monthly amount of swaps reaches $100,000. That limit resets back to $0 on the 1st day of each month.