What is Ripple Coin ? İs it safe ? [Cointurk 11. Projesi]
- When was created the Ripple Coin ?
Ripple coin (crypto currency) was created in 2012.
- What is Ripple Coin?
Short name is XRP. This coin managing by Ledger named company. Company's Ceo is Brad Garlinghouse. This company has a 7 office. This office been in San Francisco, New York, London, Sydney, India, Singapore and Luxembourg. That mean this coin has a center. So you can find interlocutor about Ripple.
If you are a problem this coin you can contact to Ledger Company. You can trust easily. So that banks and especially big companies work with payment system use this coin. As an example, American Express, Santander, UBS, Akbank from Turkey etc. So this coin comes to forefront. If you pay anything with crypto currency, you can pay with Ripple. You can trust it.
Attention : You can't mining this coin.
- What is the advantage at Ripple ?
- Ripple has more 100 partner.
- It has offer a very fast and low cost transaction in global. You can transfer from one side of the world to the other side of the world only 4 sec.
- Ripple can 1500 transaction in only one sec. But Company bet 'Ripple network can remove 50,000 transactions in one sec.
- Ripple has 35 billion market share. So Ripple is fourth place after the bitcoin, ethereum and bitcoin cash in crypto currency.
- There is Ripple in more 50 stock exchange.
- How many there Ripple?
99,993,093,880 Ripple coin produced. But only of these use 38 billion XRP.
- How much Ripple
Ripple's value started at 0.25 $. But in recent times Ripple has reached 1.37 $ (American Dollar)
At now Ripple 's value is 1.15 $ (American Dollar)
Summary : You can use Ripple for payment, but you mustn't use in stock exchange. This coin is working on 55 different network. Because the company has not allowed 3rd party processors. So this company can do manipulate easily. There is a lot of risk about coin change value.
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For stock exchange and trading, I prefer Stellar. What are your thoughts?
Stellar is low value crypto currency. Last times, all of crypto currency down value. Stellar too. But this coin always gain value last 3 months. I think you can prefer for stock exchange.