The rise of Bitcoin and other cryptocurrencies has led to an influx of brand-new cryptocurrencies. Nevertheless, Ripple is also attempting to do more and be more than just another cryptocurrency. It is trying to be a universal payment method that easily enables secure, instant, and almost free global transactions across any form of currency.

It would be a mistake to think that XRP will achieve complete domination across all the crypto markets. However, even if Ripple were to accomplish a small fraction of the global market, then the price of XRP would stand to rise by multiple thousands of percent.

24option, a leading CFD Broker, has officially announced that it is adding bitcoin cash (BCH), litecoin (LTC), and Ripple (XRP) based contracts for differences. The company soft-launched the new CFDs to clients a couple of weeks ago to test the waters and states it got a favorable response from them, so it will now be marketing the instruments more widely.

Ripple a distributed, open-source payments system, which currently sits third in the market cap table at the time of writing. However, do make sure to check what it is today - There are 100 billion XRPs in existence, with roughly half in circulation and the other half retained by Ripple themselves.

Ripple is similar to other cryptocurrencies in some aspects. Still, in other regards, it is substantially distinctive: Ripple has a total maximum of 100 billion coins, and it was put on the market with its total maximum number of coins already in existence; contrary to other cryptocurrencies, Ripple's supply decreases over time.

Begin your trading Ripple CFDs here by using your available funds to purchase Ripples. As you log into your account, you will need to fill in further personal information from your date of birth to your preferred choice of CFD provider, something we will get to later.