Dear OpenLedger DEX users,

We are glad to inform you that from today XRP coin is traded on OpenLedger.io!

Ripple is a real-time gross settlement system, currency exchange and remittance network created by the Ripple company. Also called the Ripple Transaction Protocol (RTXP) or Ripple protocol, it is built upon a distributed open source internet protocol, consensus ledger and native cryptocurrency abbreviated as XRP (ripples). Released in 2012, Ripple purports to enable “secure, instantly and nearly free global financial transactions of any size with no chargebacks.”

It supports tokens representing fiat currency, cryptocurrency, commodity or any other unit of value such as frequent flier miles or mobile minutes. At its core, Ripple is based around a shared and public database or ledger, which uses a consensus process that allows for payments, exchanges and remittance in a distributed process.

Used by companies such as UniCredit, UBS and Santander, Ripple has been increasingly adopted by banks and payment networks as settlement infrastructure technology, with American Banker explaining that “from banks’ perspective, distributed ledgers like the Ripple system have a number of advantages over cryptocurrencies like bitcoin.

XRP is the third largest coin by market capitalization.

Available Markets:

XRP / BTS https://openledger.io/market/XRP_BTS

XRP / BTC https://openledger.io/market/XRP_BTC

XRP / ETH https://openledger.io/market/XRP_ETH

XRP / EOS https://openledger.io/market/XRP_EOS

XRP / BitUSD https://openledger.io/market/XRP_bitUSD

XRP / BitCNY https://openledger.io/market/XRP_bitCNY

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Best regards,

The OpenLedger DEX Team