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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:

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.

A brief history of Ethereum Classic

In 2015, the Ethereum platform was launched, which quickly gathered like-minded people interested in smart contract technology. In 2016, an attacker discovered a vulnerability with which he stole $50 million. After this event, a hard fork occurred, as a result of which two coins appeared — Ethereum with an updated protocol and Ethereum Classic as the initial version of Ethereum.

Ethereum Classic blockchain speed

The exchange requires 30 confirmations. Blocks on the ETC blockchain appear approximately every 13 seconds. Average exchange confirmation time is 6.5 minutes.

exchange in 3 easy steps

  1. Enter the desired amount of Ripple and write your wallet address to receive currency.
  2. Click the “Exchange now” button and you will be taken inside your order.
  3. Send Ripple to the address from your order, after the required network confirmation, Ethereum Classic will be sent instantly.

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