Investing in Ripple

Ripple, in the simplest sense, is a real-time payment system. It allows money to be exchanged between individuals regardless of their locations or their banks.

The digital asset that runs the Ripple network is XRP. When you buy Ripple, you are also purchasing XRP. If you are new to digital currency investing, the best way to think of XRP is as the fuel that powers Ripple.

• We touched briefly on Ripple’s talented development team in the introduction. Now, it is time to expand on what that extensive talent network means for the digital currency in the long term.
• It’s no secret that success in the corporate world depends on one thing: clout. For any technology to advance, it has to establish its value for both investors and corporations. Many digital currencies fail to do this because their leadership doesn’t know the right people or methods.

1.  am going to level with you — Ripple is a bit harder to invest in than its peers. But since you are serious about making money, this is a good thing.
2. Ripple’s exclusivity means that not everyone is in on it yet.
3. At Wealth Daily, we use Coinbase for the bulk of our digital currency investments. Coinbase allows users to buy Litecoin, Bitcoin, and Ethereum, with hopes of expanding to other digital currencies in the future. Ripple could be on the horizon.