Most people we have met are already very familiar with Ripple. This virtual currency has been available since the beginning of 2009. Cryptocurrency is different than traditional money because there are no coins or papers in existence. There is a connection between the robust Irish economy and cryptocurrency. In 2017, a report established Dublin as the second most popular financial hub anywhere in Europe. Ireland has strong scores for conducting business, talent and law.
Ireland is currently a key technology hub due to its excellent tax policies. What I find most interesting is Ireland is in an ideal position to take advantage of Ripple innovation. The goal of the country can best be described by the launch of Blockchain Ireland during 2018. There is even a chance Ireland will surpass London as the top European financial center in the future.
Price History of Bitcoin and Ripple
Ryan Fugger came up with the idea for Ripple in 2004. He was interested in developing a decentralized platform enabling people and communities to make a type of unique money. The first version was called Ripple Pay, and was developed in 2005. Once Ripple was created, Jed McCaleb developed a different cryptocurrency in 2011. He did not want to use a mining process like Bitcoin. In 2012, control of Ripple was given to Jed McCaleb and Chris Larsen by Ryan Fugger.
In 2013, the name was changed from Ripple to OpenCoin, prior to becoming Ripple again. Ripple became the second-largest cryptocurrency available on the globe in 2014. The market cap of Ripple is currently more than $20,000,000,000. Of the approximate total of more than 99,990,000,000 Ripple, well over $40,200,000,000 are currently in circulation. Despite the lower value of Ripple in comparison to other cryptocurrencies, Ripple has the number three ranking. Ripple XRP is a significant portion of the crypto market.
Bitcoin was released in 2009. For the first couple of years, the price for one Bitcoin was just a few dollars. In late 2017, Bitcoin peaked at almost $20,000 per Bitcoin. The price continues to fluctuate. By the end of 2019, the price per Bitcoin was $10,000.
Buying Ripple with a Credit or Debit Card
One of the most popular cryptocurrencies is Ripple. One of the most common methods used to buy Ripple in Ireland is with a credit or debit card. The individual making the purchase does not even have to leave the comfort of their home. All that is necessary to initiate the purchase quickly and easily is a card.
I have found Coinmama is one of the best places for purchasing cryptocurrency including Ripple XRP and Bitcoin. In addition to Coinmama accepting every type of debit and credit cards, the company also accepts bank transfers and Skrill. The process of buying XRP in Ireland is also extremely easy, and I believe everyone should at least give it a try.
Buying With Bank Transfer
Buying xrp ripple with bank transfer is actually quite easy too. Both of our recommended services accept bank transfers. CoinMama does support bank transfers and is our favorite option for purchasing Ripple.
Buying Ripple using Paypal
I have also found LocalBitcoins is the best way to purchase Ripple using PayPal. The individual registers at the official website to look through the sellers offering the payment option of PayPal. Once again, I strongly recommend reading the terms to trade by clicking on the seller. Once the seller has received the funds through PayPal, confirmation is sent to the buyer and the Ripple is released to the buyer's personal wallet on the site. Once again, nice and easy.
Buying Ripple XRP with Cash
The easiest and fastest way to purchase Ripple in Ireland using cash is the LocalBitcoins service. The first step is registering at the LocalBitcoins website. This enables the individual to access all sellers located in Ireland offering the payment option of cash. I recommend clicking on the seller to view the terms to trade prior to making a transaction.
The seller will provide the name of their bank and bank account number to enable the individual to go to the bank and make a cash deposit. Once the purchaser has confirmed a deposit was made to the seller, the Ripple is released to the individual's personal wallet located at localbitcoins.com. That is all there is to it, simple and easy.
Trading Ripple Cryptocurrency
Individuals can make a substantial profit by trading Ripple once they understand the specifics and have gained some experience. Ripple can be traded against many of the other available cryptocurrencies at a crypto exchange. The two crypto trading platforms I feel are the best are Binance and CEX.IO.
Ripple Trading Platforms
Binance became established towards the beginning of 2018. The cryptocurrency exchange is one of the most popular in the world due to the ease of using the platform, security and the ability to trade more than 100 different cryptocurrencies. As of 2018, Binance has been classified as the safest and largest crypto exchange worldwide for the trading volume.
CEX.IO was established towards the beginning of 2013 in London. The cryptocurrency exchange has since become very popular. The leading exchange is easy to use, very secure and offers numerous options including Bitcoin Cash, BTC, Bitcoin Gold, Zcash, Dash and Ethereum. Cryptocurrency can be traded for fiat money including USD, GBP, EUR and RUB.