The XRP Ledger is a decentralized, open-source blockchain designed for fast, energy-efficient, low-cost cross-border payments and digital asset transactions.
Assets you can buy on
XRP Ledger
chain
The XRP Ledger (XRPL) is a high-performance blockchain created to facilitate fast, low-cost, and reliable financial transactions. Built by Ripple Labs, the XRPL serves as a decentralized payment platform that supports the exchange of various assets, including XRP, the network's native cryptocurrency.
The ledger's consensus mechanism does not require energy-intensive mining, making it more sustainable and efficient than many other blockchains. Known for its cross-border payment capabilities, the XRPL is widely used by financial institutions and businesses looking for streamlined, cost-effective transaction solutions.
The XRP Ledger uses a unique consensus protocol called the Ripple Protocol Consensus Algorithm (RPCA), which allows network participants to agree on transaction validity without the need for mining, making transactions faster and less energy-intensive.
Unlike proof-of-work blockchains that require substantial energy for mining, the XRPL’s consensus mechanism is highly efficient, consuming less energy, which reduces its carbon footprint and makes it a sustainable option for digital transactions.
With Kado, you can automatically connect your MetaMask or Edge wallet to on-ramp XRP. You can also manually enter the address of any XRPL-supported wallet.
Currently, you can buy XRP through Kado to your self-custody wallet.