You are here

The cryptocurrency Ripple XRP - info and rate



XRP is a digital asset designed for payments. It is the native digital asset on the XRP ledger - an open-source, permission-free and decentralised blockchain technology that can process transactions in 3-5 seconds.

Caveat emptor. The SEC has already suggested that Bitcoin and Ethereum are not securities due to their decentralised nature, but Ripple is viewed differently by the SEC, which has taken the position that Ripple's development and distribution of XRP was conducted in a centralised manner. The SEC filed a lawsuit against cryptocurrency giant Ripple, alleging that the company sold XRP as an unregistered security. The SEC argues that XRP is a security and not a commodity or other type of asset because it was created, distributed and sold by Ripple Labs.


Risk note: Cryptocurrencies are very volatile. You should carefully consider whether they are the right investment for you.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

 

Futures are complex instruments subject to unpredictable changes in price. They are financial instruments which offer the investor the possibility to use leverage. The use of leverage implies the risk of losing more than the total value of the account.

 

 

Investments in digital assets are considered highly speculative investments and are subject to high volatility and therefore may not be suitable for all investors. Each investor should consider carefully, and possibly with external advice, whether digital assets are suitable for them. Make sure you understand any digital asset before you trade it.

 

 

Back tested and real past performance do not guarantee future performance. Every investor should make sure, if possible with the help of an advisor, if the Investui service is suitable for his personal situation. All investments carry significant risk. There is no guarantee of profit.

 

 

Copyright 2024. WH SelfInvest, 33 rue du Puits Romain, 2nd Floor, 8070 Luxembourg-Bertrange, Luxembourg

 

Back to Top