What Is XRP?XRP is a digital asset that’s native to the XRP Ledger—an open-source, permissionless and decentralized blockchain technology.
XRPCreated in 2012 specifically for payments, XRP can settle transactions on the ledger in 3-5 seconds. It was built to be a better Bitcoin—faster, cheaper and greener than any other digital asset.
XRP can be sent directly without needing a central intermediary, making it a convenient instrument in bridging two different currencies quickly and efficiently. It is freely exchanged on the open market and used in the real world for enabling cross-border payments and micro transactions.
Ripple v/s XRPRipple is a technology company that makes it easier to build a high-performance, global payments business. XRP is a digital asset independent of this.
What Wallets Support XRP?There are two types of digital wallets: hardware and software.
What Exchanges Support XRP?Exchanges are where people trade currencies. XRP is traded on more than 100 markets and exchanges worldwide.