How to Convert XRP to USD
While Bitcoin, Bitcoin Cash and Ethereum receive the greatest attention in the crypto world, there are all sorts of other exciting cryptocurrencies on the market. For instance, Ripple (XRP) is a rising star of the crypto world that serves to bridge the gap between different cryptocurrencies. It promises to inject liquidity into the market and help fuel the transition towards a true, widely usable digital currency. However, Ripple can’t be found on many exchanges. But Rubix has crypto users covered. Rubix provides a safe, convenient means of purchasing Ripple. Plus, there’s an easy process for converting XRP to USD.
About XRP & USD
What is Ripple?
XRP is one of the most interesting cryptocurrencies currently on the market. Unlike Bitcoin and Bitcoin cash, it’s not necessarily meant to serve as a currency with which to buy goods and services, Instead, the crypto uses its efficient transactions to serve as a source of liquidity and means of orchestrating crypto bank transfers and exchanges.
What is USD?
USD is short for United States Dollar, or simply the dollar. It currently serves as the global reserve currency, and most commodities and natural resources are bought and sold in USD. However, inflationary monetary policy means that the USD loses value over time. The appeal of many cryptocurrencies is that they lack these inflationary pressures and may prove to be better choices for long-term saving.
Convert XRP to USD using Rubix
Acquiring USD is easy using the converting tools built into your Rubix account. Rubix supports not just XRP trading, but also most major cryptocurrencies. Traders can even cash out XRP for fiat currencies like the dollar and euro. Rubix is a simple way to safely manage cryptocurrency assets. Pay for products, send funds, and make bets with friends—all while knowing crypto funds are safe.