Ripple is one of the best prevalent cryptocurrencies that is the catchall name for the cryptocurrency platform, the transactional protocol for which is actually XRP, in the same fashion as Ethereum is the name for the platform that facilitates trades in Ether. It has been anticipated that if Ripple can get more banks on board and transform the financial sector with its payment network, you can expect the price to skyrocket. If that doesn’t happen and investors don’t pour their money into Ripples, the price can experience a massive drop.
Many news sites speculated that Independent Reserve became Australia’s first regulated digital currency exchange after legislation passed late last year allowed the Australian Transaction Reports and Analysis Centre (AUSTRAC) to monitor domestic digital currency exchanges as the exchange platform further facilitates crypto trading pairs, enabling for trading between trading between XRP and Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC) and Ethereum’s Ether (ETH).
The future is bright not only for this Aussie crypto exchange but also for those who want to invest directly in Ripple across Australia with fiat currencies on a fully-regulated exchange.