So, what is Ripple?
Ripple is a real-time gross settlement system, currency exchange, and remittance network created by Ripple Labs Inc., initially released in 2012.
In Ripple, users make payments to and between each other using cryptographically signed transactions denominated in either fiat or the network’s internal currency, XRP.
XRP is known to be the fastest and most scalable digital asset used for payments in the world. It only takes 4 seconds for XRP to settle, whereas BTC currently stands at one hour! XRP is also highly scalable, which means that around 1,500 transactions can be handled every second. Bitcoin can only handle three to six transactions per second, and Ether, only 15.
For more information on Ripple, you can visit their official website here.
You can also read more about Ripple on the CoinMetro blog here!
How to buy or sell XRP on CoinMetro
How to receive/deposit XRP
For all in-depth information on how to deposit XRP into your CoinMetro account, please click here.
How to send/withdraw XRP
For all in-depth information on how to withdraw XRP from your CoinMetro account, please click here.
Withdrawals waiting for approval can be cancelled and withdrawal status can be found by selecting the wallet on the GO! Dashboard. Approved withdrawals cannot be cancelled. If there is no Cancel button, there should be a transaction ID (TXID). This is a link to the relevant tx hash (Transaction Hash) on a blockchain explorer website.
We hope this article has given you all the information you need on buying, selling, depositing and withdrawing XRP.
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