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How does ripple work?

Ripple can facilitate exchanges for a variety of fiat currencies and cryptocurrencies, such as Bitcoin, to name one example. Whenever users make a transaction using the network, the network deducts a small amount of XRP, a cryptocurrency, as a fee.

Does ripple own XRP?

Ripple owns a portion of XRP in circulations, and that is an incentive for it to help the cryptocurrency grow and be successful over time. Another proportion of XRPs is held in reserve for regular release into the market through sales.

Is Ripple a safe investment?

Ripple has been in the crypto game long enough to have gained the trust of several prominent financial institutions and governments. That trust makes it a safer investment relative to other cryptocurrencies. All the XRP tokens that ever will exist have already been created, and Ripple distributes them according to a predetermined schedule.

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