Review on XRP by owez meredow
My thoughts on the XRP project.
XRP Ripple is a popular cryptocurrency and payment system used by hundreds of thousands of people around the world. For me, hearing the word XRP also means quick operations and there is no delay or overcharge. The project was published in 2012 and is based on a distributed and open source protocol. As a payment system, Ripple promises a fast and efficient money transfer system. In particular, I love that I can perform my crypto transactions without any hindrances, as well as reduce the cost and amount of transactions and fees that the network can attract.
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The speed of getting XRP is another feature that will always be liked when it comes to XRP. Many people use XRP to perform cross-border operations due to their low cost and speed. Availability is available almost everywhere, in most major exchanges. By keeping the XRP, the good price of the coin has dropped, with the Third in the Market Coin rating, but with numerous exchanges removing the coin from the list after allegations against the SEC Ripple. This was a very tragic moment for investors and traders. Being a coin suitable for cross-border transactions, the XRP has lost its value but is steadily rising. One thing that disagrees with most crypto users is that XRP is centralized.
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Pros
- XRP is currently the fastest blocking.
- You can find XRP on well-used exchange platforms.
- XRP is one of the most convenient ways to do cross-border transactions, especially due to low fees.
Cons
- Some issues with the SEC in 2018 have had a negative impact on world market prices.
- It takes a lot of money to make money.
