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Lightning cryptocurrency exchange
Ripple is a blockchain-like payment system launched by OpenCoin Inc in 2012 that focuses on non-chargeback currency exchanges.
Ripple works not only with cryptocurrencies, but also fiat currencies and commodities. That being said, it is worth highlighting the difference in the names of Ripple and XRP. Until recently, an equal sign was put between these two names. Now, Ripple is the name of the company, and XRP is the internal cryptocurrency of the Ripple network.
What is a Destination tag and should it be specified?
Destination tag is a payment identifier in Ripple and other coins. When exchanging on our service, be sure to indicate the tag when sending coins.
If it happened that you forgot to specify the tag or specified it incorrectly:
- If you forgot to specify the tag, the transaction on our service will not work. You can re-create the transaction with a tag and send it.
- If the tag was specified incorrectly, please contact our technical support service and we will help you.
XRP addresses
R-address is a regular address that starts with “r”. The tag is generated automatically when placing an order.
Example: rffGCKC7Mk4cQ5aUGg8pfRe3MPC7Cy8gfe
X-address (new format) — starts with “x” and contains the destination tag.
Example: XV5sbjUmgPpvXv4ixFWZ5ptAYZ6PD2q1qM6owqNbug8W6KV
If the wallet does not support X-address
If your wallet does not support X-address, you can use R-address with a tag. You can use the Xrpaddress service to convert the address.
Operation speed
The advantage of XRP over competitors is that the speed of financial transactions is almost instantaneous. An interesting feature is that the speed will not be affected by either the price or the Ripple rate, and even the load on the network will not be a problem.
Dash is one of the most popular currencies with increased anonymity.
Dash is a blockchain-based cryptocurrency, the distinguishing feature of which is the use of the mechanism for increasing transaction confidentiality, developed in 2014 by Evan Duffield. Initially, the currency was called “XCoin”, and after testing and introduction to the masses, it was renamed to “Darkcoin”. The current name “Dash” cryptocurrency received in March 2015.
Dash Blockchain Transaction Processing Speed
DASH has an Instant Send feature — this development allows payments to be made in seconds. Cryptocurrency exchange using the new technology is slightly more expensive than usual, but this is offset by an accelerated transaction processing mode.
The average formation time for a new block is approximately 2.5 minutes, which is four times faster than on the Bitcoin network.
Dash network fee
The average fee of the network depends on the type of transaction, but on average according to the data for 2019 was $0.0007, which is also an advantage of this cryptocurrency.
exchange in 3 easy steps
- Enter the desired amount of Ripple and write your wallet address to receive currency.
- Click the “Exchange now” button and you will be taken inside your order.
- Send Ripple to the address from your order, after the required network confirmation, Dash will be sent instantly.
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