Currency Convertor

Risk Warning : CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Currency Convertor +
Afterprime / Live Spreads / Cryptocurrency / Trade XRPUSD CFD

XRPUSD XRP (Ripple)

CFD Cryptocurrency

Cryptocurrency

Digital Technology CEX
Sell XRP
Buy XRP

Why Trade XRPUSD?

  • Spreads from 0.0pips
  • Fast Execution < 1ms
  • Full Trade Receipts
  • $0 Fee Deposits
  • TradingView
  • TraderEvolution

What is XRP (Ripple) / XRPUSD?

XRPUSD is the ticker symbol for XRP (Ripple). XRPUSD is a Cryptocurrency CFD. XRP is a digital asset built for payments. It is the native digital asset on the XRP Ledger—an open-source, permissionless and decentralized blockchain.

The standard contract size for XRPUSD is 1 with 100 lot minimum tradeable.

XRPUSD Product Specification

Contract Size
1
Margin Currency
USD
Profile Currency
USD
Pip Value
0.001
Asset Class
Sector
Digital
Sub-Sector
Technology
Expiry
Perpetual
Max Lots
10,000
Minimum Size
100
Step
0.01
3-Day Swap
N/A
Product Specs

XRPUSD Sessions

Exchange
CEX
Market Hours
24 Hrs
Expiry
Perpetual
Monday
00:00-24:00
Tuesday
00:00-24:00
Wednesday
00:00-24:00
Thursday
00:00-24:00
Friday
00:00-24:00
Saturday
00:00-24:00
Sunday
00:00-24:00
Time Zone
GMT +2 / GMT +3

XRPUSD Platform Access

Price Feed
Desktop
Web
Mobile
FIX API
Scalping / News
Automated Trading
Day Trading

Popular XRPUSD FAQs

What is the minimum trade size for XRPUSD?

The minimum trade size for XRPUSD is 100

What is the maximum trade size I can open on XRPUSD?

10,000 lots

Is CFD trading risky?

CFD trading is extremely risky. Trading any leveraged product carries significant risk as you have the ability to open positions that are far larger than your account balance.

What leverage do we offer on Cryptocurrency?

We offer competitive leverage rates which are determined by the Afterprime entity you register with.

What is the value of one Cryptocurrency point?

One Cryptocurrency point is normally = to 0.001 unit of base currency. For instance, one Cryptocurrency point of XRPUSD is = to 0.001 USD.

XRPUSD Trading Strategies

Many traders are interested in profiting from cryptocurrency but don't know where to start. In this blog post, we'll discuss XRPUSD trading strategies that can help you make money in both rising and falling markets. First, let's briefly review what XRP is and how it works.

Ripple is a real-time gross settlement system (RTGS), currency exchange and remittance network created by Ripple Labs Inc., a US-based technology company. Ripple is built upon a distributed open source Internet protocol, and supports tokens representing fiat currency, cryptocurrency, commodities, or other units of value such as frequent flier miles or mobile minutes. Released in 2012, Ripple purports to enable "secure, instant and nearly free global financial transactions of any size with no chargebacks."

One billion XRP were created at Ripple's inception, with no more allowed to be created according to the protocol's rules. By early November 2017, the circulating supply of XRP was approximately 38.7 billion units, out of a total supply of 100 billion units. At its peak in early January 2018, the market capitalization of XRP was over $140 billion. As of April 2021, XRP was trading at $1.22 with a market capitalization of $56 billion.

The key to profitable trading is to have a strategy that takes into account both the risks and the potential rewards. With that in mind, let's look at two possible trading strategies for XRPUSD - one for bullish markets and one for bearish markets.

The Buy-and-Hold Setup

In a bullish market, the best strategy is often the simplest - buy low and sell high. For this setup, you'll want to wait for XRPUSD to drop to a support level before buying in. Once you've bought your position, hold onto it until XRPUSD hits a resistance level and then sell.

The key here is patience - don't try to time the market perfectly, as that's often an impossible task. Just buy when prices are low and sell when they're high, and you'll likely end up making a profit over time.

The Short Sell Setup

In a bearish market, you can still profit by taking a contrarian approach - selling when everyone else is buying and buying when everyone else is selling. For this setup, you'll want to wait for XRPUSD to reach or exceed a resistance level before short selling. Once it drops back down below that same level, cover your position and take your profits.

Remember that timing is everything with this strategy - if you short sell too early or cover your position too late, you may end up losing money instead of making it. But if you can stay ahead of the market's trend changes, you can use this setup to your advantage even in bearish conditions.

There you have it - two simple yet effective trading strategies for profiting from Ripple's native token regardless of market conditions.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

XRPUSD Trading Strategies.

The Afterprime liquidity mix for the cryptocurrency market has been specially designed to cater for all cryptocurrency trading styles. Enjoy trading on XRPUSD with fast speeds and low costs.

Scalpers

Low Costs

News Traders

STP Execution

HFTs

Execution From < 1ms

Expert Advisers

No restrictions

Swing traders

Low financing

Large Traders

Deep sweepable liquidity

Need Help?

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FAQs

Browse our FAQs for detailed instructions on specific trading features.

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This website is operated by Afterprime Europe Limited (ex H.C.F.S High Capital Financial Services Limited), a Cyprus Investment Firm ("CIF") that is registered under the laws of the Republic of Cyprus with registration number HE360438, authorized and regulated by the Cyprus Securities and Exchange Commission, ("CySEC") under a CIF License number 368/18.

Afterprime is a tradename of Afterprime Europe Limited.

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investors' accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please refer to our full Risk Disclosure Notice.

This website does not contain, and should not be construed as containing investment advice or an investment recommendation or, an offer or solicitation for any transactions in financial instruments.

This information is not directed or intended for distribution to or use by residents of countries/ jurisdictions outside the European Economic Area (EEA), including but not limited to Belgium and USA, since the Company does not offer its services to any third countries where trading CFDs is prohibited.