Coinsquare has announced that XRP markets are now live for trading.
During the beta, you can:
Fund your account with XRP
Buy XRP with fiat or cryptocurrency
Trade XRP for fiat or other cryptocurrencies
If you experience issues or notice a bug, let us know by submitting a support ticket through your account.
During the beta launch, you unfortunately cannot directly withdraw XRP. In order to withdraw that value, you have to exchange it to BTC, ETH, or fiat first, then withdraw. Our team is working hard to have XRP withdrawals implemented as soon as possible.
Depositing XRP: Make sure you have your Tag
When depositing XRP into your Coinsquare account, you will need to enter the deposit address together with your unique “tag” (specific to XRP). Should you enter your “tag” incorrectly or not enter it at all during the funding process, your XRP will be lost.
To deposit XRP:
Login to your Coinsquare account
Click Fund (top left navigation)
Choose XRP from the list
Click the “Get Address” button to generate the address and your unique “tag”
5. Copy the address and the “tag”
6. Login to your private wallet or other platform wallet (where you hold your XRP)
7. Initiate a withdrawal request for XRP from that wallet
8. Paste the address and your unique tag from Coinsquare (steps 1-4) in the withdrawal function of your private wallet or other platform wallet
Please ensure that you copy the tag into your withdraw request from your wallet - not all wallets require a “tag” to complete the transaction, but it is necessary to associate your XRP with your Coinsquare account. As a reminder, should you enter your “tag” incorrectly or not enter it at all during the funding process, your XRP will be lost.
XRP traded up 1.03% over the past 24 hours and is currently trading at $0.438719 USD.
XRP had a 24 hour low of $0.426826 and a high of $0.461524
XRP is the 3rd largest cryptocurrency by market cap size.
XRP currently has a marketcap of $17,248,546,088 USD
Its 24 hr trading volume is approximately $316,842,268 USD.
It has a circulating suppy of 39,315,683,476 XRP.
There is major support around $0.425 and major resistance is around $0.46
4-hours RSI (Relative Strength Index) is now in the Neutral zone = 44.92601
4-hours MACD (12, 27) is in the bullish zone = -0.00304
About Ripple's (XRP): Built for enterprise use, XRP offers banks and payment providers a reliable, on-demand option to source liquidity for cross-border payments. Using XRP, banks can source liquidity on demand in real time without having to pre-fund nostro accounts. Payment Providers use XRP to expand reach into new markets, lower foreign exchange costs and provide faster payment settlement. XRP consistently handles 1,500 transactions per second, 24x7, and can scale to handle the same throughput as Visa. XRP's five-year track record of stable technology and governance makes it ready for institutional and enterprise use.
Click here to sign up at Coinsquare and get $20 worth of FREE Ripple (XRP)
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About the writer: Ava Lauren
As an expert on cryptocurrency related topics, I've found myself working as a Journalist at TheCryptoCoinCenter.com. I write articles related to bitcoin and other cryptocurrencies. Email me