Cryptopay: XRP account is now available on Cryptopay

xrp ripple bitcoin-card bitcoin altcoins

Ripple fans, rejoice! Here’s the new feature and the big milestone for our team to reach: XRP is available on Cryptopay.

Now you can buy XRP with a card or a bank transfer, store your coins as well as exchange them to fiat and back again without leaving your account. If you are a Ripple fan who’s been looking for a reliable service to buy and store this crypto, consider using Cryptopay for these purposes.

Powerful technology supported by banks

Ripplepay, the initial project that stands behind Ripple and XRP that fuel this platform, was first introduced to the market by Ryan Fugger in 2005, three years before Bitcoin saw the light of day. Fugger was obsessed with the idea of creating a decentralised payment system that would provide people with a secure way of transferring payments all over the world.

In only a few years, with Christian Larsen joining the team, the project has grown to become a reliable service designed specifically for banks and payment providers and has received mass adoption at the bank level in many countries all over the world. UniCredit, UBS and Santander are just a few big names that are associated with Ripple.

Now that cryptocurrencies are on the rise, XRP has gained much popularity along with others. However, many people still have no idea what makes Ripple different from other cryptocurrency-related projects and how it can be applicable in daily life. Let’s find out the answers to these questions.

Advantages of using Ripple

Network capacity. Ripple can handle about 1,500 transactions per second. It’s comparable with traditional payment systems such as Visa and Mastercard and is far ahead of Bitcoin (3–7 tr/sec) and Ethereum (7–15 tr/sec). Thus, XRP has managed to overcome one of the biggest obstacles that prevents mainstream adoption of cryptocurrencies.

Designed for banks and used primarily by financial institutions, XRP is not likely to be used as a usual means of payment in daily life in the nearest future. But if you need to send money overseas, XRP has been positioning itself as an optimal solution for this, so look for a bank supporting Ripple in your region.

Transaction confirmation speed. When it comes to international money transfers, with XRP they take around 4 seconds. Compared with several minutes on Ether, up to several hours on Bitcoin and 3–5 days in traditional banks and financial services, the winner is obvious.


Centralised control. A vast majority or XRP still belongs to the issuer. Ripple just doesn’t follow the main idea of cryptocurrencies as a decentralised payment tool where every participant is the only one to control one’s funds. Also, such level of centralisation gives Ripple significant level of influence over its coin’s price.

Price volatility. Despite being used by banks, XRP price is as volatile as bitcoin’s and all other cryptocurrencies’, which makes XRP unsuitable for daily usage.


The possibility for XRP to be used for daily payments is really low, at least within the next few years, partly due to the fact that it was initially designed to become a global reserve currency. It also isn’t optimal for long-term investments as its price heavily depends on centralised financial institutions.

However, if you are looking for a fast way to send money abroad, here’s an ideal tool to do this. Log into your account and get yourself some XRP’s to accomplish this task!

Note: this article is a personal opinion. Before making any investment decisions you should consult with a professional.

XRP account is now available on Cryptopay was originally published in The Cryptopay Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.

Original article was created by: Cryptopay at

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency or ICO.

Interested in Cryptocurrencies and ICO's?

Follow our telegram channel for daily cryptomarket reports!

Join @cointrends

Stay on top of Altcoins and ICO trends.

Subscribe to our free Weekly Cryptomarket report

Delivered once a week, strongly to your inbox.

Subscribe to our mailing list
January 11, 2019

December 2018 Revenue Report & Analysis

December 2018 Revenue Report & AnalysisCryptopayJan 11A new year with new beginnings brings a new revenue report and analysis! Below you’ll find our total monthly revenue (in euros), the amount distributed to token holders, and the revenue share per 100 CPAY. What’s more, is...

From: CPAY
December 21, 2018

Card Programme: Where We’re At

What gives, what’s been taking so long?Let’s be frank, generally speaking, regulatory bodies treat cryptocurrency and its related products with great scepticism if not with outright hostility. Card network schemes are no exception, but at the end of the day, they review a...

From: CPAY
December 07, 2018

November 2018 Revenue Report & Analysis

November 2018 Revenue Report & AnalysisCryptopayDec 7, 2018As always, it’s time for our monthly revenue report. Below you’ll find out our total monthly revenue (in euros), the amount distributed to token holders, and the revenue share per 100 CPAY. What’s more, is...

From: CPAY
November 07, 2018

October 2018 Revenue Report & Analysis

October 2018 Revenue Report & AnalysisCryptopayNov 7, 2018November is upon us and the holiday season is about to be in full swing. As always at the beginning of each month, we’ve got our monthly revenue report and analysis. In this piece, you’ll see Cryptopay’s total...

From: CPAY
October 24, 2018

Welcome to a Diversified Digital Assets Portfolio

We here at Cryptopay have come up with a solution and are happy to announce that we will begin providing diversified digital assets portfolios. Two huge trends in the financial world have become more commonplace in the past five years, cryptocurrencies and acquiring diversified asset portfolios...

From: CPAY
October 07, 2018

September 2018 Revenue Report and Analysis

September 2018 Revenue Report & AnalysisCryptopayOct 7, 2018October has just begun and as always at the beginning of each month, we’ve got our monthly revenue report and analysis. In this article, you’ll see Cryptopay’s total revenue, the amount distributed to token...

From: CPAY
Upcoming ICO's
This week overview
Token Name Starts
Cryptocurrency rates
*Last hour average price&change
Coin Name Price Hour
Bitcoin logo BTC $3634.79390027 0.11%
Ripple logo XRP $0.3276798323 0.27%
Ethereum logo ETH $121.659447111 0.11%
Bitcoin Cash logo BCH $130.142969184 0.2%
EOS logo EOS $2.4402398774 0.25%
Stellar logo XLM $0.1068531733 0.42%
Tether logo USDT $1.0166585409 -0.07%
Litecoin logo LTC $30.9504760924 0.34%
Tronix logo TRX $0.0245519517 0.08%
Cardano logo ADA $0.0445328787 0.48%
IOTA logo IOT $0.3071782717 1.05%
Binance Coin logo BNB $6.1195398541 0.32%