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

For all information on how to buy XRP using either our dashboard swap widget or our exchange platform, please click here.

For all in-depth information on how to sell XRP using either our dashboard swap widget (suitable for beginners) or our exchange platform, please click here.

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.

Our 24/7 live Customer Support team are available around the clock and are dedicated to answering any questions or feedback you may have. Simply click the blue chat bubble in the bottom right corner of any CoinMetro page to contact us! If you cannot see the chat bubble, please disable browser plugins.

Feel free to also email us at hello@coinmetro.com - we will respond within minutes!

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