Trade Responsibly. Trade Responsibly.CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84.60% 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.

XRPUSD - Ripple vs US Dollar

Current value in real time on the crypto market for investing

Swap Short: -20 %Swap Long: -20 %
Low: 0.3952Spread MT5 floatingHigh: 0.4000
Global Stock Exchanges Session Times
Sydney
1:08 am (Local)
Opens in 8h 42m
Tokyo
11:08 pm (Local)
Opens in 9h 52m
London
2:08 pm (Local)
Closes in 2h 22m
New York
9:08 am (Local)
Opens in 0h 22m

XRPUSD Trading Chart

D1
W1
M1
No chart data
Past performance is not a guarantee or prediction of future performance.

Trading Conditions

Platform
Edge
Edge
MT4
MT5
Execution
Market Execution
Market Execution
EdgeFloating spreads
Minimum: 47.00Average: 58.45
Market Hours*Open Now
Market Hours*Open Now
Limit and Stop Level50
1 tick value0.0001
Minimum contract size0.01 lot
1 lot size1 XRP
1 PIP value per 1 lot in USD0.0001 USD
Minimum step for increasing contract size0.01 lot
Margin requirements to open a lock position *0
Execution ModeMarket (irrelevant of platform or Account type)

* Only if Margin Level > 100%

The average spreads provided for each platform are updated on a daily basis to reflect the average for the previous day. Though FxPro attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.

The above spreads are applicable under normal trading conditions. FxPro has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions of Business'.

What is Ripple

Ripple is the third-largest cryptocurrency in the world by capitalisation (as of 2021), which is based on a distributed ledger.

The project originated in 2011 when three developers (Jed McCaleb, David Schwartz, and Arthur Britto) while mining bitcoin noticed that the process left too much waste and energy consumption was far from satisfactory. Thus, the ready energy costs for mining BTC are equivalent to the volume required to provide Portugal. In addition, according to McCaleb's observations, there was an acute problem with the scalability of the network.

So, the founders of Ripple took care of creating their open-source, decentralised ledger that would bypass all these restrictions and level out the shortcomings. The resulting highly liquid XTZ cryptocurrency can be purchased for exchange and transfer of funds, financing transactions on the Ripple platform, or simply as an investment with the potential to rise in price. Commissions within the system are minimal and uniform. As such, the mining process and its costs are absent in the network.

The project boasts absolute transparency, high scalability, no failures in payments, instant execution of transactions, so-called "chains of trust" throughout the blockchain, as well as a consensus mechanism that is used to confirm transactions.