CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor 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.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor 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.

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Trade [[data.name]]

The most popular and up-and-rising cryptocurrencies.

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[[ data.price ]] [[ data.change ]] ([[ data.changePercent ]]%)

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High: [[ data.high ]]

About

History

Differences between Investing vs Trading

About

History

Differences between Investing vs Trading

Founded in 2012, Ripple is both a cryptocurrency and a payment protocol. The founders have explained that the purpose of Ripple is to create a global decentralized payment network that can smash through the "walled gardens" of traditional finance and consign payment fees and exchange fees to the dustbin of history.

You can use Ripple as a medium of exchange for any currency, for example by exchanging your Ripple in Euro, without any fees or wait times. As a currency, Ripple is highly volatile, making it a popular choice with intraday traders. It has a fixed limit of 100 billion coins, which is substantially higher than the 21 million limit affixed to bitcoin.

Ripple is one of the cheaper popular cryptocurrencies out there, with its price rarely moving past $1 per coin. Upon its launch in 2012, XRP's price was 0.1 USD. This did not change much until the post-bitcoin boom led to a rise in alternative currencies, which pushed Ripple up to a brief high of 2.28 USD by the end of 2018.

Since then, the XRP price has fallen substantially, enjoying a brief moment at 1.4 USD in April 2021, at the height of last year's crypto boom. For the most part, however, the price of XRP has remained well under 1 USD. What stands out the most is how volatile the currency is, as its price has frequently risen by close to 100% in a single trading day, while also experiencing similar falls.

XRP has some clear benefits to day traders. Chiefly, its volatility means that those holding large positions in XRP can benefit from significant price changes on a minute-by-minute basis. This also makes it a strong choice for those looking to short EXP and attempt to profit from falling prices.

The quick transaction times for Ripple makes it popular with traders, since it takes only a few seconds to complete an XRP transaction. For long-term investors, the potential of the Ripple system to become a mainstay in global financial architecture means that there is a possibility for decent returns over time. However, it is impossible to say which direction XRP will travel in.

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Swap long [[ data.swapLong ]] points
Swap short [[ data.swapShort ]] points
Spread min [[ data.stats.minSpread ]]
Spread avg [[ data.stats.avgSpread ]]
Min contract size [[ data.minVolume ]]
Min step size [[ data.stepVolume ]]
Commission and Swap Commission and Swap
Leverage Leverage
Trading Hours Trading Hours

* The spreads provided are a reflection of the time-weighted average. Though Skilling attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.

The above spreads are applicable under normal trading conditions. Skilling has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions'.

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Trade [[data.name]] with Skilling

The most popular and trending cryptocurrencies, all in one place at the right time.

  • Trade 24/7
  • Minimum margin requirement below ~3$
  • Spreads of just $0.50 on BTC - lower on other crypto! Plus a super low trading fee of 0.1%/side
  • No withdrawal fees
  • Diversify! 900+ instruments to choose from
Sign up

Why Trade [[data.name]]

Make the most of price fluctuations - no matter what direction the price swings and without capital restrictions that come with buying the underlying crypto asset.

Crypto CFD
Physical Crypto
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Capitalise on rising stock prices (go long)

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Capitalise on falling crypto prices (go short)

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Trade with leverage
Hold larger positions than the cash you have at your disposal

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Trade on volatility
No need to own the asset or have an exchange account

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No exchange fees or complex storage costs
Just lower commissions in the form of spreads and a small taker-fee

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Manage risk with in-platform tools
Ability to set take profit and stop loss levels

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Important notice

This page/website is not directed to EU clients and falls outside the European regulatory framework and is not in the scope of (among others) the Markets in Financial Instruments Directive (MiFID) II.
By continuing you acknowledge to view the content provided by Skilling (Seychelles) Limited, which is authorised and regulated by Seychelles Financial Supervisory Authority, and that your decision was made independently and at your exclusive initiative and no solicitation or recommendation has been made by Skilling or any other entity within the group.

Continue

Important notice

This page/website is not directed to EU clients and falls outside the European regulatory framework and is not in the scope of (among others) the Markets in Financial Instruments Directive (MiFID) II.
By continuing you acknowledge to view the content provided by Skilling (Seychelles) Limited, which is authorised and regulated by Seychelles Financial Supervisory Authority, and that your decision was made independently and at your exclusive initiative and no solicitation or recommendation has been made by Skilling or any other entity within the group.

Continue