Ripple (XRP):
This write-up explains how to buy Ripple (XRP) with INRon KoinBXa global crypto exchange Apps
(Android&
iOS). Ripple is a company that provides a global payment
network based on blockchain technology. XRP is the native cryptocurrency of the
XRP Ledger, which is the open-source and decentralized blockchain that powers
Ripple's network. XRP can be used to facilitate fast, low-cost and scalable
cross-border transactions between different currencies.
The network consists of various participants, such as
financial institutions, payment providers, exchanges and developers. These
participants can use Ripple's software solutions to connect to the network and
access its services. One of the main services offered by Ripple is On-Demand
Liquidity (ODL), which allows participants to use XRP as a bridge currency to
convert one fiat currency into another in real time.
Why Ripple (XRP)?
Rippleis a payment network that uses a cryptocurrency
called XRP.
Unlike Bitcoin, which relies on a decentralized network of miners to validate
transactions, Ripple uses a network of trusted validators who follow a
consensus protocol.
Ripple aims to provide a global payment system to
facilitate cross-border currency transfers. XRP acts as a bridge currency that
can be exchanged for any other currency on the network. It also keeps track of
every transaction information like balance, transfers and accounts.
For example, if Alice wants to send euros to Bob who lives in
Japan, she can use Ripple to convert her euros to XRP and then send XRP to Bob,
who can then convert it to yen.
It also offers other products and services that use
XRP, such as xRapid, which enables financial institutions to use XRP as a
liquidity source for cross-border payments, and xCurrent, which enables banks
to communicate and settle transactions at lower costs. Ripple can handle
1500 transactions per second and has over 200 customers worldwide.
Ripple (XRP) over other cryptos:
Ripple uses its own consensus protocol algorithm
(RPCA). If a transaction is to be validated, it must be accepted by a majority
of the validators who evaluate it. Once the ledger entry was validated and
written on the blockchain it can’t be changed again.
Ripple's
default validator list consists of 35 trustworthy nodes. Ripple decides which
validators are included in the default unique node list, and Ripple is
responsible for six of the 35 trusted validation nodes.
XRP
has an unprecedentedly low transaction fee. A usual transaction on the Ripple
network costs only 0.00001 XRP (10 ‘drops’). Furthermore, although Bitcoin takes 10 minutes to solve a
block and up to 60 minutes for probabilistic finality, Ripple takes 3 to 6
seconds to sort, agree on, and add to the blockchain, even for international
transfers.
In
contrast to existing digital currency protocols, the XRP ledger allows users to
denominate their transactions in whatever currency they want, including fiat
currencies, digital currencies and other forms of value in addition to XRP.
Tokenomics:
Token Name- Ripple
Ticker Name– XRP
How to Buy XRP?
Follow the below steps to buy XRP,
1. 1.Signup with KoinBX.
2. 2.Fill in the essential details to create an account.
3. 3.Complete your KYC verification process.
4. 4.Add your bank account.
5. 5.Deposit Fiat to your KoinBX account.
6. 6.Click the Buy option to buy
XRP with INR.
How to Sell XRP?
Follow the below steps to sell XRP?
1. -1.Signup with KoinBX.
2. 2.Complete your KYC verification process.
3. 3.XRP your bank account.
4. 4.Click the Sell option to find a buyer for XRP.
5.Once the buyer for XRP is found, you can start selling
XRP with Indian rupees (INR)
How to Trade?
Click XRP/INRpair to trade XRP with INR,
Start trading XRP anywhere and anytime with the great
trading experience with KoinBX Androidand iOSapp.
What is VRA?
This article covers how to buy VRA with INRon KoinBX, a Global crypto
Exchange Platform which is available on both Google play store
(Android)& App Store (iOS). Verasity (VRA) is an
open-ledger ecosystem that offers payment solutions as well as a rewarding
environment with guaranteed returns of about 15%. VRA is designed to give
marketers unrestricted access while compensating consumers for watching video
content.
Verasity has developed an extremely potent
advertising ecosystem and open-access payment platform using a mix of
artificial intelligence (AI), machine learning (ML), and cutting-edge
blockchain technology.
The proprietary Proof of View (PoV) technology
used by VeraViews to identify real-time advertising fraud is the foundation of
this advertising ecosystem. To buy, store, earn, and stake VRA, use VeraWallet,
a straightforward and secure cold wallet. VeraEsports enables players and
spectators to participate in, watch, and enjoy their preferred esports
competitions. Esports fans may win prizes through the Watch and Earn programme.
How VRA works?
The VRA token's objective is to greatly improve
advertising income for video publishers on any video platform by utilising its
proprietary PoV protocol layer on the blockchain through its rewarded player
and advertisement stack. Nearly
40%, or $160 billion, of the $400 billion in internet advertisements are seen
by bots rather than people.
Over 2 million video producers are struggling
with the problem of corporations refusing to pay a premium price for ad space
because they don't believe people view advertising. As advertisement fraud is
found, Google and Facebook are compelled to reimburse considerable amounts to
companies every quarter.
The current requirement is to analyse once the
advertising content has been given at the end of an advertising campaign. Based
on the real-time activity of the viewers, Verasity may readily determine if a
bot or a person is watching advertising or content. There is no need to wait
for a post-delivery fraud investigation or request publishers’ reimbursements
because ad fraud is detected and eliminated quickly.
Verasity automatically accounts for valid
advertising after the authenticity of the views has been validated. The facts
are analysed during this step to provide a final score for the ad view.
Verasity's technology leverages complex algorithms to ensure that only POV
views are tallied. Views that have been verified are recorded on the blockchain
network and published to a public database.
Token Burning:
Verasity repurchases and burns VRA tokens.
Token burning entails sending tokens to an inactive or incorrect address. When
tokens are transmitted to such wallets, they cannot be recovered and are
permanently lost. The purpose of burning the tokens is to lower the quantity of
tokens, causing token values to rise.
Applications:
VRA is a product layer platform used to handle
video-based entertainment, esports, and digital content. Its unique PoV
solution employs blockchain-powered Artificial Intelligence (AI), transparency,
and immutability to eliminate online advertising fraud by assuring the
authenticity of every user view logged in real-time on the ledger.
VRA provides dependable server support to the
fast-paced esports business and gaming community. On November 8, the Esports
Fight Club (EFC) platform was renamed VeraEsports, with an expanded "Watch
& Earn" concept allowing users to broadcast content, earn money, and
compete on the VeraEsports website.
VRA token serves as an entry point for
esports fans into the crypto ecosystem and generates revenue for esports
aficionados and marketers. VeraEsports gives you access to prominent gaming
providers' broadcasts. Verasity's PoV patent has also been extended to
encompass NFTs. Marketplaces and purchasers will be able to check the validity
and correctness of NFTs thanks to the product contribution.
Peculiarity:
Verasity stores marketing campaign data using a
distributed ledger backend. Verasity's objective is to eradicate advertising
fraud and promote transparency for publishers and businesses across the
advertising tech ecosystem. During the setup stage, the unique PoV module
generates massive statistical data that is sorted by AI and employs many
metrics to analyse user behaviour in addition to the pre-screening procedure.
PoV may also be used to combat fraud in the existing NFT economy.
Usage Scenarios:
Staking - As part of the staking programme, VRA
may be staked. The obtained incentives are dependent on the percentage of
staked tokens and are proportionate. The platform now provides staked tokens
with an annual percentage yield (APY) of about 25.5%.
Earning - Users can participate in the activities of the
VRA network to earn tokens. Users can watch videos on the domain of a publisher
or on the VeraEsports website, refer their content to others, and perform other
actions to increase the popularity of a domain to earn VRA tokens.
Spending - Users may use exchanges to convert
VRA coins into other cryptos. VeraWallet may also be used to exchange VRA
tokens for fiat currency.
Tokenomics:
Token Name – Verasity
Ticker Name – VRA
How to Buy VRA?
Follow the below
steps to buy VRA,
1.
Signup with KoinBX.
2.
Fill in the essential details to create
an account.
3.
Complete your KYC verification process.
4.
Add your bank account.
5.
Deposit Fiat to your KoinBX account.
6. Click the Buy option to buy VRA with INR.
How to Sell VRA?
Follow the below
steps to sell VRA,
1.
Signup with KoinBX.
2.
Complete your KYC verification process.
3.
VRA your bank account.
4.
Click the Sell option to find a buyer
for VRA.
Once a buyer for
VRA is found, you can start selling VRA with Indian rupees (INR).
How to Trade?
ClickVRA/INRpair to trade VRA with INR
Start trading VRA anywhere and anytime with the great trading experience
with KoinBX Androidand iOSapp.
Crypto is a decentralized digital currency and an alternative form of payment that can be transferred online without any intermediaries. The crypto transactions are recorded in a public ledger, and monitored by using Blockchain Technology. The cryptos are stored in digital wallets. The term “crypto” denotes the usage of cryptographic techniques for security. Encryption technology allows cryptos to function as both a currency and a virtual accounting system.
In today’s world, many cryptos are available. Bitcoin (BTC) and Ethereum (ETH) are the most common cryptos.
How to trade them:
Trading digital assets such as Bitcoin, Ethereum, and others, like trading other traditional financial assets, requires anticipating price fluctuations and forecasting the future of digital assets. Traders base their decisions on market news and technical analysis indicators.
You can utilise KoinBX Global Crypto Exchange platform, to buy, sell and trade cryptos by following simple steps.
1. Sign up with KoinBX.
2. Create your account to buy, sell, and trade multi-cryptos, free of cost.
3. Complete the KYC verification and bank account verification. Once the account is created and verified, you can deposit funds as per the website policy.
4. With the funds, place an order to buy, sell, and trade cryptos like Bitcoin (BTC) with INR and Ethereum (ETH) with INR.
5. You can trade anywhere, anytime with the great trading experience with the KoinBX Android and iOS app.
KoinBX:
KoinBX, the world’s largest Bitcoin and crypto exchange platform allows the users to buy and sell digital assets. With ease and security you can purchase Bitcoin (BTC), Ethereum (ETH), Tether (USDT) and Other Altcoins.Other benefits of KoinBX include quick and easy to use, exciting features, instant INR deposit and withdrawal, instant KYC, 24/7 support, high liquidity, minimal trading fees, and a great referral program.