Ripple is a cryptocurrency aiming to create a payment network working with large financial institutions, allowing them to send money easily across the borders. Their vision is to have all banks handle settlements through their network.
Currently there's a circulating supply of 39,262,444,717 XRP out of 99,991,916,481 total coins.
Alt coin Review Date: 7/17/2018
Coin Price at time of Review
Ripple is not for me. The main thing I like about cryptocurrency is that you don’t need to use a bank to send and receive money. I believe the Ripple company performs well at what they do- they have a good product that helps bank transactions be more efficient- but I think the fact that the majority of the banks they work with don’t even use the XRP token is misleading to their followers. This is why is important to read about the company before investing in it. I personally don’t think it’s a good investment.
About the author:
Miriam Ibarra has a Bachelor's Degree in Accounting and has been trading in cryptocurrency since 2016. She is the COO and co-founder of ViveCrypto (2011).