Why can't Americans buy XRP?
In December 2020, the U.S. Securities and Exchange Commission sued Ripple, alleging the company violated U.S. securities laws by selling XRP, an unregistered security. In court, Ripple argued that XRP was not a security. The company scored a partial victory in the landmark case in July 2023.
Coinbase, Kraken, and Others Relist XRP for Trading
Coinbase and Binance were both recently sued by the regulator for allegedly operating unlicensed securities exchanges. Notably, Binance never delisted XRP from its trading platform based outside the U.S.; however, XRP was delisted from its Binance.US affiliate.
You can still buy XRP in the United States on certain centralized crypto exchanges like Kraken or with a credit or debit card or using the swap function via an app like Atomic Wallet.
XRP's regulatory issues
First and foremost, there's the problem of XRP's regulatory woes. These date back to December 2020, when the SEC filed a lawsuit against Ripple Labs, the creator of the XRP crypto token. According to the SEC, XRP is a "security," and it is doing everything in its power to regulate it as such.
Yes, you can buy and sell Ripple using USD on Kraken. We support a diverse network of payment processors around the world that make it easy to sell Ripple.
A federal judge ruled last year that Ripple violated investor-protection laws in directly selling its XRP coin to institutional investors, but not in selling the token to individual investors through crypto exchanges.
$ 0.58663 USD
Uphold, the Home for Altcoins, is a global, multi-asset digital trading platform offering low fees, high security, and maximum transparency. If you're looking to buy Ripple (XRP), you've come to the right place!
Fortunately in United States, you can buy XRP on Coinbase's centralized exchange. Coinbase is the most trusted place for people and businesses to buy, sell, and manage XRP. It's quick and easy. Here's a step-by-step guide on how to buy XRP.
Ripple (XRP) is a popular choice among banks worldwide. The network's fast transaction speeds, low gas fees, and energy-efficient consensus make it an ideal cryptocurrency for traditional financial institutions.
XRP is currently available to buy on Coinbase's centralized exchange.
How high can XRP realistically go?
Therefore, our XRP price prediction forecasts a price of $1.80 by the end of 2024. Depending on the lawsuit's outcome and crypto market conditions, it could go much higher, potentially reaching $3.10.
While it's theoretically possible for XRP to reach this price, it would require substantial market shifts or a major supply reduction.
Having analyzed XRP prices, cryptocurrency experts expect that the XRP rate might reach a maximum of $$0.676 in October 2024. It might, however, drop to $$0.560. For October 2024, the forecasted average of XRP is nearly $$0.618.
The stablecoin will be backed by US dollar deposits and short-term government Treasuries, with all reserve assets audited by a third-party accounting firm, alongside monthly attestations.
The suit halted XRP trading on American crypto brokerage services for two years, and the popular Robinhood (NASDAQ: HOOD) platform still won't let you buy or sell Ripple. The risk of court-ordered fallout from potentially improper trading of digital assets is still too large.
Convert XRP to United States Dollar
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If XRP Replaces SWIFT, the Price Could Reach $10,000, Analyst Says | koinmilyoner on Binance Square.
Chase Bank clients may now make payments for credit cards, loans, and mortgages using their preferred cryptocurrency. Bitcoin (BTC), Ether (ETH), Shiba Inu (SHIB), XRP (XRP), Dogecoin (DOGE), BNB (BNB), and the most popular stablecoins like Tether (USDT) and USD Coin (USDC) are all included in the ground-breaking move.
However, if Ripple loses all appeals, the SEC is likely to collect the $1.3 billion (the amount that the regulator alleges that Ripple earned from the unregistered securities sale) and offer XRP holders an option to sell their holdings.
Uphold, the digital payment platform and exchange, has unveiled an instant withdrawal feature allowing users to transfer their XRP funds directly into their bank accounts. As other exchanges delisted XRP due to ongoing legal battles, Uphold remains committed to supporting the cryptocurrency.
Is the price of XRP being manipulated?
XRP Price is Manipulated, Claiming “Despite All Developments, XRP Not Rising” The XRP ecosystem is one of the most active in crypto with new projects and partnerships every other day, but why is the price not catching up with the less-active cryptos?
Is XRP a good buy below $1? Yes, XRP is undoubtedly a good buy for long-term traders at prices below $1. The partial win in the XRP lawsuit brings immense value to the crypto asset and projects a new uptrend in 2024.
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Binance Square. Ash Crypto predicts a potential surge for Ripple (XRP) to the $3 to $5 range by September 2025.
Amazon confirms a groundbreaking partnership with Ripple, integrating XRP for payment transactions. Ripple's XRP set to offer faster, more efficient payment solutions for Amazon's global customer base.