With the Ripple (CCC:XRP-USD) lawsuit still underway it’s difficult for investors interested in the cryptocurrency to actually buy it. That’s due to many crypto exchanges delisting it from their platforms.
Even so, Ripple investors aren’t completely out of luck. There are still a few platforms that allow users to buy and sell the cryptocurrency. However, there aren’t many. Let’s take a look at the options investors have below.
The first option for investors looking to pick up XRP is Crypto.com. The exchange still allows for trade of Ripple even with the lawsuit still ongoing. Users have the option of using credit cards, cryptocurrencies, PayPal (NASDAQ:PYPL), TransferWire, and SEPA on the site. It also supports 19 fiat currencies, including the U.S. Dollar.
The second option that potential XPR investors have is KuCoin Cryptocurrency Exchange. Users of the site can make use of cryptocurrency, Interac e-transfer, PayPal, wire transfer, as well as credit or debit cards. They also have more fiat currency options with more than 40 available.
So what exactly is this Ripple lawsuit news all about? The Securities and Exchange Commission (SEC) claims that Ripple is an investment security. This means it believes it should only have been sold to the public after registering with the SEC.
Unfortunately for Ripple investors, it doesn’t look like the SEC plans to back down, either. The organization raises several issues with the company, including how it offered the cryptocurrency, as well as its actions afterward. Despite all of this, the price of XRP has still been rising.
As of this writing, XPR was down 1.7% but is is up 485.7% since the start of the year.
While Ripple may not be in the best of situations, there are loads of other cryptocurrencies worth looking into.
Plenty of cryptocurrencies have been on the rise since Coinbase (NASDAQ:COIN) went public. Some examples include SafeMoon (CCC:SAFEMOON-USD), Dogecoin (CCC:DOGE-USD), and BitTorrent (CCC:BTT-USD). Investors can learn more about the latest news from these cryptos below.
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On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article.