After adding Bitcoin Cash and Litecoin support in the last couple of weeks, we are now excited to announce Ripple support on Zebpay.
Starting today, users can buy, sell, send and receive Ripple (XRP) using Zebpay.
The Ripple protocol is a real-time gross settlement system, currency exchange, and remittance network. According to the official website, XRP is the fastest and the most scalable digital asset, enabling real-time global payments anywhere in the world. It offers banks and payment providers a reliable, on-demand option to source liquidity for cross-border payments.
XRP is the digital asset native to XRP Ledger. The XRP Ledger is an open-source, distributed ledger. Ripple is a privately held company. XRP can handle 1500 transactions per second with an average settlement time of 4 seconds. Many institutions like Santander Bank, Axis Bank, Yes Bank etc are testing Ripple’s technology to bring down their cost and increase efficiency.