Ripple (XRP) is one of the most popular altcoins in the cryptocurrency realm. It is a cross-border payment system that looks to do away with the existing boundations involving long transaction times and high fees. The price of XRP tokens is still pretty low, despite the obvious potential it has to grow. It is almost certain that Ripple will be one of the biggest players in coming years. So the fact that it is available for dirty money right now can work in your favor. There are a few reasons why you have a unique opportunity to buy Ripple for cheap now and enjoy the benefits in the near future.
Reasons and Opportunities to Invest in Ripple XRP when it’s cheap
- Bithum-Korea Pay Service partnership will boost Ripple value
Bithum is South Korea’s biggest cryptocurrency exchange, and it recently partnered with Korea Pay Service to create a crypto friendly payment system for South Koreans. This will create a rise in the number of people spending crypto tokens in South Korea. Bithum sees a large amount of XRP token trading, and an increase in Bithum usage will drive the volume of XRP trading up. South Korean traders accounted for a 100% surge in Ripple price a few months earlier, and the same might happen again.
- Uphold, and London Block Exchange have added Ripple (XRP)
Uphold is a crypto bank that allows you to buy and hold Ripple for no transaction fee and convert it to 7 other cryptocurrencies and 23 fiat currencies as well as 4 precious metals. London Block Exchange is UK’s only crypto exchange. Both of them adding Ripple will result in the price going up, and your investment will surely pay huge dividends.
- Netherlands’ Central Bank joins the list of Bank suitors for Ripple
Ripple is used as a payment system by two American and one German bank already, with many other financial institutions experimenting with the Ripple network. Netherlands’ Central Bank has also recently identified Ripple as a suitable solution to the need to have a faster and more efficient payment system.
- Western Union’s Ripple Powered app goes live
Western Union partnered with Ripple some time ago, and the two have been working together to create a solution for users all over the world. The solution is now visible in the form of the Western Union app which uses the Ripple network to allow users to send funds to more than 500,000 agent locations around the world. The 24X7 service will let users transfer funds in a quick and secure manner to users in all parts of the world. The app has gone live in Jamaica as well.
- Promotion and Holding of coins will drive the price up
Ripple (XRP) is making headlines with the remarkable frequency with its collaborations with big players all over the world. The only reason why the price is still not high so far is that the three payment settlement software which Ripple has created do not use XRP coins. However, investors realize how Ripple will see a boom in the near future, which is why more and more of them are buying and holding on to their coins. This itself will drive the price up since the number of XRP coins in circulation will go down. In addition, there is a lot of promotion for Ripple by investors themselves. If a partner institution indeed starts using Ripple coins as well, then the price will cross the roof almost instantly.
These are some of the reasons why you should buy Ripple (XRP) right now when it is going for a really affordable price of ~$0.5. An opportunity like this doesn’t appear that often, and your dreams of joining early Bitcoin investors and becoming millionaires can be realized by investing in Ripple. The cryptocurrency is one of the hottest altcoins right now, and with its transparent and regulation-friendly operation, it will continue to grow at the breath-taking pace it is growing at.
This information should not be interpreted as an endorsement of cryptocurrencies or a recommendation to invest. Historic performance is no guarantee of future returns. As an investment class, cryptocurrencies are speculative investments and investing in cryptocurrencies involves significant risks – they are highly volatile, vulnerable to hacking and capital loss and sensitive to secondary activity. Before investing you should obtain advice and decide whether the potential return outweighs the risks.