Ripple

Selling Ripple made simple.

At Bitinvestor we’ve made it simple to sell Ripple.

As soon as you’ve sent us your Ripple, we’ll initiate a bank transfer to you. You will usually receive your money within a few hours, but always within 2 business days.

And if you face problems or have any questions, we’re ready to help in our livechat every day of the week!

How do you sell Ripple?

Choose how many Ripple you want to sell

Fill out your bank account details

Receive your money in 1-2 business days max

Why sell through Bitinvestor?

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Local bank transfer

We pay out through the local banking systems for EUR, GBP, and DKK so you don’t have to worry about international methods.

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Livesupport

We sit ready in our livechat every day of the week from 8 AM to 8 PM or via e-mail at contact@bitinvestor.net.

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Fast payout

As soon as we receive your cryptocurrency, we intiate the bank transfer to your account.

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Regulated

Bitinvestor is regulated by the Danish Financial Authorities and Fintrac Canada.

Learn about Ripple

Why should you choose Ripple?

Strategic Alliances: Ripple’s multiple alliances with well-known financial organizations suggest that it may be extensively incorporated into the world financial system.

Swift Transactions: Ripple offers a scalable solution that can be appealing to potential investors due to its quick transaction processing speed and capacity to manage numerous transfers at once.

Global Adoption: The protocol’s widespread adoption and acceptance, particularly among Asian banks, attest to its effectiveness and dependability as a transfer mechanism and point to a bright future.

Regulatory Compliance: Ripple has always tried to abide by regulatory requirements, in contrast to many other cryptocurrencies, which may protect it against upcoming regulatory crackdowns.

Ripple's history

In 2012, Ripple Labs Inc. introduced Ripple to the cryptocurrency world with the intention of facilitating instantaneous, direct transfers between two parties. The idea behind Ripple was to establish a decentralized monetary system that would allow individuals to make money independently of established financial institutions. Ripple is unique in that it functions as both a platform and a currency. The open-source system known as RippleNet, which powers the Ripple platform, enables quick and inexpensive international transactions.

In the past, Ripple became well-known as a digital payment mechanism in addition to a cryptocurrency (XRP). Its unique focus on making it possible for banks and other financial institutions to make cross-border payments in real time has set it apart from previous cryptocurrencies that mainly aimed to act as a substitute for conventional currencies

Who is behind Ripple?

Ripple was co-founded by Chris Larsen and Jed McCaleb. The San Francisco-based company has persistently positioned Ripple not merely as a cryptocurrency but as a transfer protocol that can facilitate international monetary transactions. Over time, the company has forged partnerships with various high-profile financial institutions, including American Express, Santander, and various Asian banks, aiming to offer a frictionless operation for money to be transferred globally.

Ripple Labs, while subject to several legal challenges and scrutiny about the status of XRP as a security, has continued to forge ahead, driving advancements and partnerships in the financial world.

What makes Ripple unique?

Cryptocurrency and Conventional Finance: Ripple has effectively closed the divide between traditional centralized financial systems and decentralized cryptocurrency. In addition to facilitating the safe, instantaneous transfer of XRP, RippleNet also makes it possible to transfer other currencies and commodities, such as fiat or gold.

Institutional Involvement: Ripple welcomes traditional financial institutions, in contrast to many other cryptocurrencies that avoid them. It maintains a distinct position in the cryptocurrency market because to its collaborations with numerous institutions and financial services to enhance cross-border payments.

Regulatory Conformity: Ripple has positioned itself as a digital currency that complies with conventional financial standards, giving users and investors a certain amount of security and trust

Frequently asked questions

ASAP!

When you sell Ripple, we will initiate a bank transfer to your bank as soon as we receive your Ripple. The money usually arrives within hours, but always within 2 business days.

As soon as we receive your Ripple, the price gets locked in.

When selling, the price is locked in after your transaction has 1 confirmation on the blockchain. That usually never takes more than 5 minutes.

Check out our instructions here on how to easily and safely store your coins and find your cryptocurrency “address”! We recommend that you create your own wallet. With a cryptocurrency wallet that you create yourself, you will keep what is called your “private key”. With a private key, you can restore your wallet at any time – this means that even if your computer crashes, you can easily access your coins.
In order to complete identity verification, have your passport or driver’s license ready as well as a device with your camera. Then begin your verification, take an image of your passport or driver’s license and take a live selfie of your face. Once done, you will have to wait for the system to verify your identity. This usually takes 5-10 minutes. If you have to verify your address, we need a document that is no older than 3 months old. This can be a bank statement, rent agreement, water bill, utility bill, etc. If you experience problems or have any questions about the process, please message us in our livechat. Identity verification is required in order to comply with money laundering regulations.
Cryptocurrency is taxed differently based on the jurisdiction you reside in. Please check with your local tax authorities to figure out which tax implications you are subject to. We make it easy and transparent for you to report and do bookkeeping on all of your purchases and sales of cryptocurrency. At the end of the year, we’ll send you a summary of all of your trades.
We’re ready to answer your questions in the livechat. In addition, we can be contacted by email at contact@bitinvestor.net, where we will also help you as soon as possible!