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Invest in Ripple
It is always difficult to gauge the future of specific Cryptocurrencies and their chances of becoming more established. The Ripple market is managed by San Francisco-based Ripple Labs. The Ripple market exists independently of Ripple Labs, but the company controls a large proportion of the supply of Ripple coin.
Ripple is also known as XRP - Ripple coins are bought and sold using an XRP wallet. Like other Cryptocurrencies, the XRP wallet is an important tool if you want to use Ripple coins for actual payments. To invest in Ripple, to benefit from actual price changes, this is a cumbersome process.
Trading Ripple (XRP)
While Ripple is already widely used by banks, taking advantage of small, intra-day price moves can be achieved more efficiently using Contracts for Difference (CFDs). While CFDs can’t be used for cross-border payments, nor do they provide direct access to the Ripple market like an XRP wallet, CFDs will allow you to trade on Ripple price movements
Like other Cryptocurrencies, Ripple is driven by wider news, such as XRP, about its founders, its regulatory status and the future of Ripple Labs itself. Ripple news is a critical driver in the Ripple price.