Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => XRP - Ripple Forum => Topic started by: Crypto Banglu on May 05, 2021, 09:46:59 AM
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The standard fee to conduct transactions on Ripple is set at 0.00001 XRP. Which is minimal compared to the large fees charged by banks for conducting cross-border payments, Says El Lee, board member of Onchain Custodian. As of late April 2021, the XRP price was $1.38 per token, meaning the transaction fee works out to be just $0.0000138
More Details
https://www.forbes.com/advisor/investing/what-is-ripple-xrp/#:~:text=Ripple%20is%20a%20payments%20settlement,the%20exchange%20went%20through%20properly.
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The standard Ripple coin shipping fee is around 0.00001 XRP which is very cheap and even under 0.1 USD because the price of Ripple coins is also now under 10 USD and it is a super cheap coin for the cost of sending coins.
I am sure that in the future, if Ripple coins can continue like this, many investors will save them for the long term because I see this Ripple coin seems to be very cheap.
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I would not say that, because bitcoin is the basis of cryptocurrencies and bitcoin will always be a priority for big investors and the most important thing is that bitcoin halving will be very soon, so you need to invest in bitcoin because bitcoin price will rise soon.You can choose both currencies because both coins future will be very bright but if you want to invest in big amount for long term just buy Bitcoin now I think BTC will go to up rather than it will not go down , ripple is a popular altcoin for investments today price of the ripple is too low if you buy ripple now it will give profits in next few weeks.
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If you convert it to USD, the transaction fee for Ripple coins is around $0.0000138, it's really very cheap and I like it because this Ripple coin is really very friendly in transaction fees.
If you refer to the Centralized Exchange (CEX) such as Binance, Coinbase, Kucoin, the transaction fee is around 1 XRP and that's pretty cheap too because the XRP price is around 1-2 USD, if this fee is compared to the fee from Ethereum it's very clear very cheap .
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I think that's because the price of XRP at the exchange has started to fall, so the cost is getting cheaper, if you look at the number of users using the XRP network, maybe the XRP fee will increase due to the density of transactions and very high demand.
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I think that's because the price of XRP at the exchange has started to fall, so the cost is getting cheaper, if you look at the number of users using the XRP network, maybe the XRP fee will increase due to the density of transactions and very high demand.
Currently, XRP is very popular, this is because there are many Airdrop trust lines in XUMM. XRP is being bought a lot and there is an increase in XRP holders. This is also inseparable from the low shipping costs of this Coin, I am optimistic that the fee will be stable even though there will be a large increase in the price of XRP.
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The technology owned by this Ripple coin is truly amazing and this must also be very good for the Ripple coin community, holders, and investors because the transaction gas from this Ripple coin is very good in settings in such a way that it becomes cheaper.
I also see that the core team of this Ripple coin is really very agile in creating business opportunities in various markets because the evidence for this Ripple coin is that the price continues to rise and has spread throughout the market.
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We all believe that the transaction fees from Ripple coins are really very cheap and everyone always wants cheap transaction fees.
I'm sure the setting for the Ripple coin transaction fee has been set for a long time and now Ripple has started to increase in price and maybe now the Ripple coin transaction fee has gone up a little bit over time.
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We believe and feel that this is the best because the transaction fees from Ripple coins are really a good and cheap choice, because Ripple transaction fees are very cheap.
When compared to transaction fees from Ethereum and Bitcoin, the transaction fees from Ripple are really very cheap and I like things like this, because they can cut the transaction fees that I do for arbitration.