XRP is Ripple`s native cryptocurrency. The token is used as a transfer of value on RippleNet. Ripplenet connects financial institutions and payment providers. It has a dual mandate as a cryptocurrency and as a digital payment network for financial transfers and transactions. XRP enables a near-instant and direct transfer of money between two parties much more quickly and efficiently than other blockchain protocols and traditional financial institutions. Any type of currency can be exchanged with XRP on the Ripple blockchain protocol. XRP helps banks, payment providers, and money services businesses reduce their transaction times and costs, while also allowing them to access new markets. This is especially beneficial when making financial transactions to the more remote and developing regions of the world that do not have access to traditional banking institutions and infrastructure. Existing settlement systems most often use US dollars as a common currency. This creates currency exchange fees and can take time. By first converting into XRP, rather than USD, exchange fees are eliminated, and the processing of payments is reduced to seconds.

First released in 2012, Jed McCaleb, Arthur Britto, David Schwartz, and Ryan Fugger all had major involvements in the ideas and creation behind Ripple.

What is the difference between Ripple and XRP?

Ripple is a technology company that facilitates transactions through their network, RippleNet. XRP is Ripple’s native currency.

The Ripple system connects financial institutions and payment providers to provide fast and secure financial transactions and payments. The platform helps banks, payment providers, and money service businesses reduce their transaction times and costs, while also allowing them to access new markets.

Is Ripple decentralized?

The Ripple Network is decentralized however it is owned and operated by a private company and since all the coins are already mined, the Ripple developers have the power to decide when and how much to release, making it more centralized than other cryptocurrencies such as Bitcoin.

How do I buy XRP in Canada (XRP/CAD)?

Buying XRP (XRP/CAD) in Canada can be done through a cryptocurrency exchange such as NDAX, a peer-to-peer trade, or at some Bitcoin ATMs. However, utilizing platforms such as NDAX will allow for affordable, safe, and fast transactions.

How do I sell XRP in Canada (XRP/CAD)?

Selling XRP (XRP/CAD) in Canada can be done through a cryptocurrency exchange, a peer-to-peer trade, or at some Bitcoin ATMs. However, utilizing platforms such as NDAX will allow for affordable, safe, and fast transactions.

How do I trade XRP in Canada (XRP/CAD)?

Trading XRP (XRP/CAD) is made affordable, safe, and fast through cryptocurrency exchanges such as NDAX. NDAX’s trading fee is 0.2%.

How do I convert XRP to cash in Canada?

Converting XRP (XRP/CAD) to cash can be done through a cryptocurrency exchange such as NDAX. First, you will have to trade your XRP to CAD . Once your XRP is converted to CAD you can send a CAD withdrawal to your bank. Click here for step by step instructions.

It is highly recommended that you always store XRP (XRP/CAD) in a cryptocurrency hardware wallet. Check out Ledger or Trezor for your hardware wallet needs.

Unlike other cryptocurrencies, XRP cannot be mined. There is a maximum supply of 100 billion XRP.

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XRP XRP Price

volume 24h

285101.8

supply

99.99G

market cap

25.08G

supply limit

100G

bid

0.57924

ask

0.57999

XRP to CAD converter:

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XRP

CAD

1 XRP = ~0.57375 CAD

1 CAD = ~1.7 XRP

Ready to buy XRP with your CAD? Use this XRP to CAD converter to see how much XRP you can purchase. Convert XRP to CAD or CAD to XRP.

what is XRPXRP is the Ripple network's native currency -- built to facilitate transactions on the Ripple network. XRP is a centralized currency that allows anyone around the globe to send funds worldwide within seconds. XRP runs on a ledger managed by a network of independently validating servers that compare transaction records. These servers could belong to anyone, including banks and market makers. XRP is one of the most well known and most widely traded digital assets in the world.

authorChris Larsen, Jed McCaleb

documentsWhite paper

official websitehttps://ripple.com

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XRP	CAD
1 XRP	0.57 CAD
5 XRP	2.86 CAD
10 XRP	5.73 CAD
25 XRP	14.34 CAD
50 XRP	28.68 CAD
100 XRP	57.37 CAD
500 XRP	286.87 CAD
1000 XRP	573.75 CAD
5000 XRP	2868.75 CAD
10000 XRP	5737.5 CAD

CAD	XRP
1 CAD	1.74 XRP
10 CAD	17.42 XRP
20 CAD	34.85 XRP
50 CAD	87.14 XRP
100 CAD	174.29 XRP
500 CAD	871.45 XRP
1000 CAD	1742.91 XRP
5000 CAD	8714.59 XRP
10000 CAD	17429.18 XRP
50000 CAD	87145.96 XRP