What is Ripple?
Ripple (XRP) is a project designed to facilitate international transfers between financial institutions. The project uses a distributed network to make moving money around the world fast and low-cost. The XRP token is used for some of Ripple’s products.
How do I buy Ripple?
Deposit funds into your account.
Enter the amount of Ripple (or Australian Dollar equivalent) that you would like to buy or sell.
Click ‘Buy' to confirm your Ripple purchase and your XRP will arrive in your TimeX wallet within minutes.
How to buy Ripple
Users based in Australia can buy Ripple (XRP) from TimeX in just a few minutes. Simply open an account, complete verification, and deposit funds via bank transfer or a range of other options.
24 HOUR HIGH:
24 HOUR LOW:
2.901811 Ripple = 1 Australian Dollar (AUD)
|XRP [Ripple]||AUD [Australian Dollar]|
|0.01 Ripple||=||0.0034 Australian Dollar|
|0.1 Ripple||=||0.0345 Australian Dollar|
|1 Ripple||=||0.3446 Australian Dollar|
|2 Ripple||=||0.6892 Australian Dollar|
|3 Ripple||=||1.0338 Australian Dollar|
|5 Ripple||=||1.7231 Australian Dollar|
|10 Ripple||=||3.4461 Australian Dollar|
|20 Ripple||=||6.8922 Australian Dollar|
|50 Ripple||=||17.2306 Australian Dollar|
|100 Ripple||=||34.4612 Australian Dollar|
|1000 Ripple||=||344.6124 Australian Dollar|
Australian Ripple Exchange Pros and Cons
TimeX is the decentralised crypto exchange for the ChronoBank ecosystem: a completely secure, easy and convenient way to trade digital tokens and cryptocurrencies on a peer-to-peer basis.
Ripple is a cross-border payments network that offers fast international transactions for financial institutions.
It is gaining adoption by an increasing number of banks and other financial organisations.
XRP is well supported by exchanges and has an enthusiastic trading community.
Ripple is an institutional project rather than an open, grassroots blockchain initiative.
The XRP token is only used for some of Ripple’s products, limiting overall demand
A very large number of XRP tokens are held by the co-founder, potentially affecting its future price.