![Kraken adds Ripple [XRP] on its margin trading platform](https://crypto-economy.com//wp-content/uploads/2019/07/kraken-xrp.jpg)
Kraken adds Ripple [XRP] on its margin trading platform
Ripple has made its way onto Kraken’s margin trading platform after the exchange confirmed the news through an official announcement acknowledging its addition to the platform.
Ripple is a digital payment protocol and cryptocurrency founded in 2012. Its native cryptocurrency, XRP, is used to facilitate fast and low-cost international money transfers.
Ripple’s network operates on a decentralized blockchain, but unlike Bitcoin and other cryptocurrencies, it does not require mining. Instead, transactions are validated through a consensus algorithm, which allows for faster processing times and lower fees. Ripple’s technology has been adopted by various financial institutions and payment networks, making it a popular choice for cross-border payments and remittances.
Ripple has made its way onto Kraken’s margin trading platform after the exchange confirmed the news through an official announcement acknowledging its addition to the platform.
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