If your looking for the best place to buy Ripple XRP in USA in 2022 your in the right place. If your currently an investor looking to diversify your portfolio or someone who wants to get into the cryptocurrency market, buying Ripple (XRP) may be worth considering. Cryptocurrencies in general, seem to be the future of financial institutions.
Ripple (XRP) has remained one of the biggest and most popular cryptocurrencies over the years. Just as important as the coin itself, is knowing the best places to buy Ripple. This article reveals why you should explore your options with Ripple and the benefits of using Uphold when buying XRP. Let’s dig deeper.
Reasons To Buy XRP
Ripple (XRP) is used by RippleNET payment, a platform created in 2012. Ripple was created in a bid to provide faster, smoother, and cross-boundary payments on the global settlement network. There are tons of reasons to consider buying XRP. Here is why you should buy Ripple today:
- Superior transaction speeds: XRP has a throughput speed of almost 1,500 transactions per second (TPS) making it one of the fastest in the industry. These transactions are also finalized within 4 seconds, which is significantly greater than that of Bitcoin, which takes up to 10 minutes.
- Increased focus on Banking: Ripple seeks to incentivize financial bodies in a bid to leverage its transactions and services. XRP is a faster alternative to inter-bank transfers run by SWIFT. Banks prefer using XRP due to its high liquidity, simple settlements, and minimal danger. Some of RippleNET’s partners include Santander, Western Union, MoneyGram, FairFX, MoneyMatch, Cambridge Global Payments, and several others.
- Dedicated team: Ripple’s team is rich with experience from board directors and team members like Jed McCaleb and Chris Larsen; people who have worked with Bitcoin and seen its shortcomings.
- Low transaction fees: Unlike other cryptocurrencies, XRP has low transaction fees attached, which makes it cool for multiple transactions.
- Low cost: Bitcoin and many other coins have high prices, which are a disadvantage to ordinary individuals. However, just about anyone can buy or invest in Ripple with only a few pennies. XRP’s low nominal value allows you to purchase in large volumes and store for potential future gains.
- Strong community: Ripple’s community is one of the largest and most aggressive despite SEC concerns. It has backing on Reddit, Twitter, and other social media platforms.
- Huge market cap: XRP is currently number seven among the top 100 cryptocurrencies based on market capitalisation. With over $54.5 billion in market cap, XRP is easily a solid project.
Other reasons to get into crypto include improved coin distribution, money remittance opportunities, a strong network effect and market presence, and strong security. XRP is also eco-friendly as it uses the Proof-of-Stake algorithm, which suggests that it could be a sustainable project.
Where To Buy XRP? – Uphold
You can buy XRP on multiple exchanges and brokers. However, Uphold remains one of the best platforms to buy Ripple. It has tight security that allows for the storage and exchange of cryptocurrencies and other assets. Companies and businesses all over the world can buy Ripple conveniently for a small fee.
Who Is Uphold?
Uphold (formerly called Bitreserve) is a new exchange for digital and physical assets. It was launched in 2015 by Halsey Minor and is based in San Francisco. Users can buy cryptocurrencies, stocks, equities, fiat, and even metals on Uphold using their mobile devices.
Uphold has more than six million users and is supported in over 182 countries. The company is the first financial platform to share its reserve holdings publicly. Below are Uphold’s features at a glance:
- 65 plus cryptocurrencies, 27 fiat currencies, 50 US stocks, and 4 precious metals
- AutoPilot mode for instant trade orders
- Multi-asset debit card for easy transactions
- Membership Verification
- Encryption programs
- Security audits, protocol, and operation centre
- Real-Time Fund Control
Benefits To Using Uphold
Uphold is the best place to buy XRP because of the following benefits:
Intuitive interface: You can buy and trade assets on the same interface on Uphold within seconds. Its two-click feature is user-friendly to both beginners and experts alike.
- Free storage: You can store your XRP and other coins for free on your digital wallet with Uphold for as long as you wish.
- Cheap exchange: You can carry out currency transactions for a little fee compared to the increased service costs with other exchanges. Uphold accepts payments from international customers with rates much lower than cross-border fees.
- Instant transactions: Uphold slashes the time it takes to process transactions, which is extremely important for keeping healthy businesses.
- Privacy protection: The use of sophisticated data encryption technologies gives Uphold the edge when it comes to the security of personal and financial information of investors. All user data are collected in compliance with the prevalent industry standards in order to prevent fraud.
- Secure and legitimate service: Uphold is a FinCen-registered financial service in the United States. It holds regulatory and compliance certificates in EU, working together with regulators to ensure that it meets the standards for safe and secure transactions.
Coins Currently Available
You will find a number of crypto coins available on Uphold. The platform supports about 65 plus coins in the US although the number is significantly lesser in Europe and other countries. The cryptocurrencies currently available are Bitcoin (BTC), Ripple (XRP), Ethereum (ETH), Cardano (ADA), Chain Link (LINK), Dogecoin (DOGE), Bitcoin Cash (BCH), Aave (AAVE), Dash (DASH), and other major coins. Uphold supports countless crypto pairs, making it easy for you to carry out speedy crypto-to-crypto transactions.
Asides from cryptocurrencies, you will find other aspects of trading on Uphold. You can also trade fiat, precious metals, and equities.
- Fiat currencies: Uphold supports about 27 major fiat currencies including reserves like the Japanese Yen on its Forex platform.
- Precious metals: Gold, Silver, Platinum, and Palladium are the four available metals for trading on Uphold.
- Equities: You can also buy equities in major brands such as Facebook, Walmart, Apple, Tesla, and Amazon.
Ripple has made a huge statement in the cryptocurrency industry by consolidating its position as one of the best coins to invest in over the years. If you want to diversify your investments, Ripple (XRP) is a great choice considering its numerous benefits and potential.
You can get started on Uphold by registering your email and personal details. After, click the link you receive and create a password to complete the signup process. Uphold is an intuitive and legit platform that supports Ripple (XRP) and other crypto transactions. You can also trade fiat, commodities, and stocks on their website. Its security, convenience, and reliability make Uphold a desirable exchange option for investors.