On January 8, 2021, Bitstamp halted the trading of XRP on its platform for U.S. customers due to the SEC filing against Ripple Labs Inc. Ripple was sued by the SEC in late 2020 under allegations that the firm sold XRP as an unregistered security.
Why not to buy XRP?
Regulatory headaches It has created somewhat of a regulatory gray area where no one knows for certain whether a particular cryptocurrency is a security or not. In December 2020, the Securities and Exchange Commission (SEC) sued Ripple and its two executives for issuing an unregistered security with its Ripple tokens.
Is XRP still a good investment?
Whether XRP is a good investment depends mainly on an individual's financial situation, risk tolerance, and investment goals. As always, it's imperative to do thorough research and consider seeking advice from a financial advisor before diving into cryptocurrency of any kind.
How to buy XRP in usa 2023?
Below, we explore the best places to buy XRP in 2023.
- MEXC – Overall Best Crypto Exchange To Buy XRP in 2023 With Over 10 Million Users.
- OKX – Offers Low Fees with Advanced Trading Features.
- Binance – A Globally Renowned Crypto Exchange with Low Fees.
- Coinbase – Promising Crypto Exchange With 250+ Cryptos And High Security.
Can I buy XRP on Bitstamp in USA?
You can buy XRP with fiat currency on a number of different crypto exchanges. Here are a few exchanges where you can exchange U.S. dollars for XRP: Bitstamp. Coinbase.
Where can I sell my XRP now?
Kraken offers a safe and easy way to sell digital currency. Enjoy market rate trades with low transaction fees and withdrawal fees. Take advantage of our flexible payment options to sell Ripple using a variety of convenient methods including wire transfer, bank transfers and cash withdrawals.