The journey of cryptocurrency might have begun with Bitcoin but the launch of new asset classes over the period has led to the revolution of the digital asset ecosystem. Presently, there are more than 5,000 cryptocurrencies available to trade in the world. The global crypto market has provided traders with a humongous collection of crypto coins to begin trading. Even in a country like India where the cryptocurrency market is emerging, people are enthusiastically looking forward to cryptocurrencies with a positive market cap, plus, the exchanges with seamless trading experience. In that essence, we’ll discuss Ripple’s XRP – a good crypto choice with a track of yielding outsized returns and top places to buy ripple in India.
Ripple (XRP) – Overview
XRP is a native digital currency of Ripple, a privately held fintech company providing global payment solutions via its proprietary payment network RippleNet. XRP works on an open-source, decentralized blockchain technology called XRP ledger capable of executing transactions globally in as little as three seconds. Thus, Ripple is both – an open-source payment network as well as a digital asset.
Leading Exchanges to Buy Ripple in India With Ripple (XRP) making a buzz in India’s emerging cryptocurrency industry, we bring you a list of leading exchanges offering traders the opportunity to buy XRP in India.
CoinSwitch Kuber is an India based exchange that is one of the most trusted crypto exchanges in India. The exchange is a well-known name among investors because of its advanced trading features and functionalities. It is powered by a high-end security architecture to enable traders to enjoy a safe and seamless experience. Apart from listing XRP, the exchange boasts of offering an impressive cryptocurrency portfolio. It guarantees traders a reasonable trading fee, INR support, and the best XRP exchange rates in the market. On this note, the CoinSwitch Kuber platform makes an ideal exchange choice to buy and sell XRP in India.
WazirX is also a local exchange platform but recently it has been acquired by a global exchange, Binance. WazirX is an easy-to-use platform. It is popular for its simple and clean interface. Moreover, to ensure traders’ optimum security the platform runs regular security audits. It is one of the few trusted exchanges to offer XRP for trading in India. The platform assures you of favorable exchange prices and offers flexibility to trade via multiple platforms.
As an Indian trader, you can also trust PayBito. It is one of the first foreign exchanges to start operations in India. The PayBito exchange offers you great value in terms of service and XRP price. It charges a nominal trading fee of 0.075% for Ripple (XRP) purchases. It is also one of the safest platforms as it is equipped with a sophisticated security mechanism to facilitate optimum safety to your digital assets. Besides buying and selling Ripple (XRP), PayBito also offers access to multiple investment schemes to multiply your profits.
ZebPay is one of the oldest exchange platforms in India. It is a Singapore-based exchange, despite that it is quite a popular brand name in India. ZebPay is a trusted platform to buy, sell, store and use Ripple (XRP) coins. It has 40+ popular trading pairs and is equipped with high-end trading features for a seamless experience.
Launched in 2016, BuyUCoin rapidly grew into a popular name in India. The platform is backed by a huge investor community. It is the first-ever platform to provide a peer-to-peer transaction model. The transaction fee the exchange levies depends on the cryptocurrency used for trading. Additionally, withdrawing INR from your wallet is completely free with this platform. Besides, everything else is a safe and user-friendly platform to buy and sell Ripple (XRP) coins in India.
When considering market capitalization, Ripple (XRP) is the third-largest cryptocurrency in the world. At present, it is performing well. Thus, it is a favorable opportunity to buy XRP via leading exchanges at the best prices to expand your digital asset portfolio and increase your profits.