Cryptocurrencies are unregulated in the UK. Cryptocurrency profits may be subject to Capital Gains Tax. The value of investments is variable and can go down as well as up.
Buy Ripple in the UK
Ripple
XRP
What is Ripple?
Ripple was created back in 2012 as a purpose-built international payment protocol.
One of Bitcoin’s greatest strengths is the ability to conduct frictionless and truly global transactions. Ripple Labs took that and made it Ripple’s primary focus.
The Ripple network uses an innovative multi-currency liquidity pool – denominated in the native XRP token – to allow clients to convert significant sums of money from one currency to another instantly and with almost zero fees. The more valuable the XRP in the liquidity pool, the greater the value that can be transferred.
The transactions are verified by a global network of independent nodes using a system known as Proof-of-Correctness, which allows thousands of transactions per second with the same energy intensity as sending an email.
Ripple is a private company that was one of the first to design a blockchain that they owned and had control over. Rather than new XRP being issued over time, the entire 100 billion token supply was minted on day one and is being distributed over time by the company.
While this runs counter to crypto’s vision of decentralised networks with no real owners, private ownership allowed Ripple to develop their tech quickly and build an extensive corporate customer base. It has also led to repeated run-ins with America’s SEC over the question of whether XRP tokens were an illegal security.
Cash, credit or crypto?
Buy Ripple instantly using Visa or Mastercard. Get cash in your account quick with Faster Payments Service (FPS). Convert crypto-to-crypto with a single click.How to buy Ripple with CoinJar
Start your cryptocurrency portfolio with CoinJar by following these simple steps.
Featured In
CoinJar App
All-in-one crypto wallet
CoinJar Exchange
TRADE FOR AS LOW AS 0%Your information is handled in accordance with CoinJar’s Privacy Policy.
CoinJar’s digital currency exchange services are operated by CoinJar UK Limited (company number 8905988), registered by the Financial Conduct Authority as a Cryptoasset Exchange Provider and Custodian Wallet Provider in the United Kingdom under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, as amended (Firm Reference No. 928767).
Cryptoassets carry high risk. Due to the potential volatility of the cryptoasset markets, the value of your investments may fall significantly and lead to total loss. Cryptoassets are complex and are unregulated in the UK, and you are unable to access the Financial Service Compensation Scheme or the Financial Ombudsman Service. We use third party banking, safekeeping and payment providers, and the failure of any of these providers could also lead to a loss of your assets. We recommend you obtain financial advice before making a decision to use your credit card to purchase cryptoassets or to invest in cryptoassets. Capital Gains Tax may be payable on profits.
CoinJar Card is a prepaid Mastercard® issued by EML Money DAC pursuant to licence by Mastercard. The e-money associated with your card is issued by EML Money DAC, authorised by the Central Bank of Ireland under the European Union (Payment Services) Regulations 2018 (Ref C95957). We recommend you consider the CoinJar Card Terms and Conditions before making any decision to acquire the product. Mastercard the circles design are registered trademarks of Mastercard International Incorporated.
Apple Pay and Apple Watch are trademarks of Apple Inc. Google Pay is a trademark of Google LLC.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
