Eduard Watson

9 months ago

Ripple and its digital asset XRP have been making headlines throughout 2018, and this year things will probably not change.

This is due to the many achievements and developments of the company and the enhanced adoption of its products, especially the XRP-powered xRapid.

XRP, one of the best choices for 2019

XRP has been highlighted as one of the best options for potential investors this year.

Forbes noted that Ripple’s primary concern is to solve the massive problems plaguing cross-border transfers.

Ripple’s products are able to solve a lot of the issues that the traditional payments system SWIFT has been dealing with.

Its solutions provide cheap and almost instant cross-border transactions.

Both Ripple and SWIFT will address this and the whole future of finance in February. Here are four reasons to buy XRP:

Transaction protocol

XRP can be used in the Ripple Transaction Protocol, and this can be used not only for transacting digital currency, but also information and money.

Security

It’s important to know that both parties that are involved in a Ripple transaction have access to a secure channel which eliminates all threats.

This is why Ripple can empower people with the securest transactions.

More banks adopt Ripple’s tech

There are a lot of important banks such as Santander and more that decided to go with Ripple's tech over SWIFT, the traditional payment system. the latter is outdated, and it’s slowly but surely losing popularity.

For instance, just recently, Euro Exim Bank will use Ripple’s XRP-powered xRapid.

They just announced that the technology would be fully integrated in a few weeks.

Graham Bright, the head of compliance and operations at the bank, said that one of the bank’s transactions got lost this month on the SWIFT network and this is the main reason for which it’s time to move on to better and safer products such as the tech used by Ripple.

Development potential – increasing liquidity for XRP

One of the many plans for 2019 that Ripple has is to get XRP listed on as many exchanges as possible, and this will create liquidity for the XRP currency.

These are just a few reasons for which it’s worth investing in XRP.

People Mentioned

Justin Sun

Founder of TRON (TRX)

Coins Mentioned

Justin Sun

Founder of TRON (TRX)

Companies Mentioned

Justin Sun

Founder of TRON (TRX)

Justin Sun

Founder of TRON (TRX)

+ 1.45%
Icon
Nitrogen Sports

Lorem Ipsum is simply dummy text of the printing and typesetting indu...

Icon
SportBet.io

Lorem Ipsum is simply dummy text of the printing and typesetting indu...

Icon
7bitcasino

Lorem Ipsum is simply dummy text of the printing and typesetting indu...

Icon
FortuneJack

Lorem Ipsum is simply dummy text of the printing and typesetting indu...

Icon
Binance

Lorem Ipsum is simply dummy text of the printing and typesetting indu...

Icon
Kraken

Lorem Ipsum is simply dummy text of the printing and typesetting indu...

Top Exchanges
Icon
Binance

4.93

Read Review - Website

Icon
Kraken

4.10

Read Review - Website

Icon
Binance

4.93

Read Review - Website

Top Casinos
Icon
7bitcasino

4.20

Read Review - Website

Icon
FortuneJack

4.55

Read Review - Website

Icon
BitStarz

4.93

Read Review - Website

Trending news

Advertise

Trending news

Top Exchanges
Icon
Binance

4.93

Read Review - Website

Icon
Kraken

4.10

Read Review - Website

Icon
Binance

4.93

Read Review - Website

Icon
Gemini

4.85

Read Review - Website

Icon
Kraken

4.10

Read Review - Website

Top Casinos
Icon
7bitcasino

4.20

Read Review - Website

Icon
FortuneJack

4.55

Read Review - Website

Icon
BitStarz

4.93

Read Review - Website

Icon
FortuneJack

4.55

Read Review - Website

Icon
7bitcasino

4.20

Read Review - Website

Top Sportsbook
Icon
Nitrogen Sports

4.73

Read Review - Website

Icon
SportBet.io

4.60

Read Review - Website

Icon
Nitrogen Sports

4.73

Read Review - Website

Icon
SportBet.io

4.60

Read Review - Website

Icon
1xBit

4.0

Read Review - Website

Eduard Watson Author

An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.

1371 Articles
7255 Followers