ZoneBitcoin EditorialEarn Ripple (XRP) is something that is very sought after at the moment. Ripple today is in 3rd place, just after bitcoin and ethereum. Do you see what that means? This means that Ripple is the 6th most important cryptocurrency in terms of market capitalization (MarketCap in English).
This is enough to understand that you need to have Ripple in your wallet. We can easily admit that in some time, it is a cryptocurrency that will be worth much more than what it is worth today (around 1 XRP = $0,35). The ATH – the highest price that XRP has seen was reached in 2018 with XRP worth more than $3,50.
Enjoy XRP. Here I give you easy or free methods to earn Ripple (XRP) for free.
What is Ripple (XRP)?
A currency perfectly suited to banking institutions.
Before stuffing your pockets full of it, it would be good to remember what Ripple is. Founded in 2014 in San Francisco, Ripple was designed as an improvement on bitcoin. It is a very sophisticated payment protocol that makes transactions faster and more secure.
Ripple wants to facilitate all types of exchanges. This is also why banking institutions are watching Ripple closely.
Remember that the banking system today uses outdated and slow systems to transfer money between institutions. It costs money and the process is pretty mediocre. Ripple replaces the current protocol.
In fact, XRP is a cryptocurrency primarily intended for financial institutions so that they can convert their funds and quickly transfer them to other institutions around the world.
Moreover, many banks have already signed agreements with Ripple to soon integrate it into their operations. It is these different collaborations with banking institutions that we base our hypothesis on the formidable future of Ripple.
Why is Ripple a safe bet?
Some people don't like Ripple because it is not fully centralized. It is a fact. What is important in this protocol is rather the fact that it creates a bridge between centralization and decentralization. Who knows? Perhaps this bridge will encourage mass adoption?
If you are not yet convinced, here are the few elements that will tip the scales in favor of Ripple:
- There are more than 60 institutions already, worldwide, including international banks like UBS, RBC, UniCredit and Santander that collaborate with Ripple.
- More than 40% of banks in Japan will be connected to Ripple.
- The National Bank of Abu Dhabi uses Ripple for international transactions.
And that's just the beginning. Now, before the price of this cryptocurrency explodes, you have to have some! So without further ado, here are the 3 ways to earn Ripple (XRP) for free!
How to earn Ripple (XRP) for free:
To earn Ripple easily, here are three safe methods:
- FreeFaucet : Earn Ripple every hour. It is a faucet known for distributing free Ripple.
- Create mirror-tasks on Get Paid (surveys, view video advertisements, etc.), and get paid in bitcoin, Ripple or even euros (via PayPal or Payoneer). A very good plan especially since the tasks required are super simple. Above all, the site really pays unlike the others.
- Register on Coindirect. By registering on the exchange platform Coin Direct, you earn 2 whole Ripple when you verify your account.
How to generate yield and store your XRP tokens?
You wanted to earn Ripple (XRP), that's good. Now that you have them, you have to keep them and even make them bear fruit. To store your Ripple in a wallet, it couldn't be simpler because most wallets accept it; You can also download the official Ripple wallet if you want. But, I think the wisest thing is to make your capital grow.
For example, I also use Youhodler to buy some and earn 4,5% per year. This is how I have been growing my XRP for a long time now…
I hope this article was useful to you and that you earn as much Ripple as you need. Likewise, don't hesitate to earn as many cryptocurrencies as you need. For example, see how you can earn free Doge Coin, by clicking here.
Note: No financial advice is given in this or any other article on this blog. This is information of which you are the sole judge and master. Be responsible with your investments and only invest as much as you are willing to lose.
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Good evening, we are very happy to know more about Ripple thank you very much for this article, I encourage you and congratulate you for your work