Adam Rosen - Lead financial writer
You have probably heard of the many XRP influencers on Instagram, but do you know who they are and what they are all about? Some Instragam accounts are highly popular among the XRP community. Some of them, have millions of followers who trade XRP and other cryptocurrency assets. XRP followers sometimes search Instagram for XRP news and trends.
Instagram can be a great place to find the latest XRP information but it must be understood that any mentions of talk of XRP crypto related assets must be taken with caution. Using Instagram accounts as a source of trading tips and analysis but be combined with proper technical and trend analysis using real XRP market data. Instagram features a variety of XRP information and misinformation. Although XRP is mentioned you may be easily led to unregulated XRP exchanges and XRP scams. Some Instagram users may share high-quality XRP data and tips, you will also find interesting XRP memes posted by XRP traders. Following XRP instagram accounts may at least be an indicator of XRP market sentiment in the cryptocurrency world.
🤴 Used By: 23,200,000
⚡ Crypto Available: BTC, ETH, BCH, XRP, DASH, LTC, ETC, ADA, MIOTA, XLM and 27 more cryptocurrency.
📈 Traded Volume: 41,693,321
💵 Deposit Methods: Credit cards, VISA, MasterCard, Diners Club, Maestro, Debit Cards, Bank Transfer, PayPal, Neteller, Skrill, WebMoney, China UnionPay, Giropay, Electronic wallets (eWallets), Ethereum, Bitcoin, Bitcoin Cash, Dash, EOS, Ripple XRP, Litecoin, Zcash, Payoneer,
💰 Trading Fees: Fees vary. Overnight and weekend fees apply
💰 Withdrawal Fees: US$5 (minimum withdrawal of US$50)
💰 Deposit Fees: Fees vary (conversion fees for non-USD deposits)
Trading cryptocurrencies can be high risk. Losses may exceed deposits when trading CFDs.
🤴 Used By: 13,000,000
⚡ Crypto Available: BTC, ETH, BCH, XRP, DASH, LTC, ETC, ADA, MIOTA, XLM and 27 more cryptocurrency.
📈 Traded Volume: 42,043,394
💵 Deposit Methods: Credit cards, VISA, MasterCard, Diners Club, Maestro, Debit Cards, Bank Transfer, PayPal, Neteller, Skrill, WebMoney, China UnionPay, Giropay, Electronic wallets (eWallets), Ethereum, Bitcoin, Bitcoin Cash, Dash, EOS, Ripple XRP, Litecoin, Zcash, Payoneer,
💰 Trading Fees: Fees vary
💰 Withdrawal Fees: Fees vary
💰 Deposit Fees: Fees vary
Trading cryptocurrencies can be high risk. Losses may exceed deposits when trading CFDs.
🤴 Used By: 4,000,000
⚡ Crypto Available: BTC, ETH, ETC, XTZ, CLV, EOS, OMG, BNB, LTC, UNI and 820 more cryptocurrency.
📈 Traded Volume: 5,945,756,067
💵 Deposit Methods: Cryptocurrency
💰 Trading Fees: Maker: 0.20%
💰 Withdrawal Fees: Fees vary
💰 Deposit Fees: None
Trading cryptocurrencies can be high risk. Losses may exceed deposits when trading CFDs.
🤴 Used By: 1,000,000
⚡ Crypto Available: BTC and 1 more cryptocurrency.
📈 Traded Volume: 612,000,000
💵 Deposit Methods: Bank transfer (ACH)
💰 Trading Fees: None
💰 Withdrawal Fees: Fees vary
💰 Deposit Fees: Fees vary
Trading cryptocurrencies can be high risk. Losses may exceed deposits when trading CFDs.
🤴 Used By: 8,000,000
⚡ Crypto Available: BTC, ETH, XRP, BCH, EOS, LTC, ADA, XLM, TRX, NEO and 434 more cryptocurrency.
📈 Traded Volume: 110,957,137
💵 Deposit Methods: Cryptocurrency
💰 Trading Fees: 0.10%
💰 Withdrawal Fees: Fees vary
💰 Deposit Fees: None
Trading cryptocurrencies can be high risk. Losses may exceed deposits when trading CFDs.
🤴 Used By: 10,000,000
⚡ Crypto Available: BTC, BCH, ETH, XRP, LTC, BTG, DASH, ETC, EOS, QTUM and 320 more cryptocurrency.
📈 Traded Volume: 924,266
💵 Deposit Methods: Cryptocurrency
💰 Trading Fees: Maker: 0.2%
💰 Withdrawal Fees: None
💰 Deposit Fees: None
Trading cryptocurrencies can be high risk. Losses may exceed deposits when trading CFDs.
🤴 Used By: 73,000,000
⚡ Crypto Available: ATOM, BAT, BTC, BCH, XRP, DAI, DASH, EOS, ETH, ETC and 73 more cryptocurrency.
📈 Traded Volume: 7,622,846,254
💵 Deposit Methods: Bank transfer (ACH)
💰 Trading Fees: Fees vary
💰 Withdrawal Fees: Instant Card Withdrawal: Up to 2% of the transaction plus a minimum of 0.45
💰 Deposit Fees: Credit/debit card: 3.99%
Trading cryptocurrencies can be high risk. Losses may exceed deposits when trading CFDs.
🤴 Used By: 450,000
⚡ Crypto Available: BTC, ETH, XRP, EOS, LTC, XLM, USDT, OMG, ZRX, MKR and 42 more cryptocurrency.
📈 Traded Volume: 64,141,140
💵 Deposit Methods: Bank transfer
💰 Trading Fees: Maker: 0.05-0.15%
💰 Withdrawal Fees: Fees vary
💰 Deposit Fees: No Fees
Trading cryptocurrencies can be high risk. Losses may exceed deposits when trading CFDs.
🤴 Used By: 10,000,000
⚡ Crypto Available: BTC, ETH, USDT, XRP, ATOM, XTZ, XLM, LINK, CRO, BCH and 153 more cryptocurrency.
📈 Traded Volume: 2,630,000,000
💵 Deposit Methods: Credit card
💰 Trading Fees: Maker: 0.04-0.20%
💰 Withdrawal Fees: Cryptocurrency: Fees vary
💰 Deposit Fees: None
Trading cryptocurrencies can be high risk. Losses may exceed deposits when trading CFDs.
🤴 Used By: 2,300,000
⚡ Crypto Available: BTC, ETH, ETC, BCH, LTC, ADA, QTUM, XRP, XTZ, EOS and 10 more cryptocurrency.
📈 Traded Volume: 86,072,667,390
💵 Deposit Methods: Bank transfer (ACH)
💰 Trading Fees: 2.9-3.9% (depending on loyalty level)
💰 Withdrawal Fees: Fees vary
💰 Deposit Fees: Credit card: 5%
Trading cryptocurrencies can be high risk. Losses may exceed deposits when trading CFDs.
Instagram has quickly become one of the social networks that is used the most often all around the world to check XRP news and trends. With 7.8 billion individuals using the Instagram social platform on a monthly basis, Instagram can be used as a source of XRP information and XRP personal views. Instagram is one of the most popular photo-sharing networks in the world. There are around 130 million people on the planet that log in to their Instagram accounts on a monthly basis. This means Instagram can be used to judge XRP sentiment.
Instagram XRP influencers have instagram handles like Vitalik Buterin - @VitalikButerin. Roger Ver - @rogerkver, Andreas M. Antonopoulos - @aantop, Tim Draper - @TimDraper, Charlie Lee - @SatoshiLite, Anthony Pompliano - @APompliano, Erik Voorhees - @ErikVoorhees and Tone Vays - @ToneVays. Some Instagram users post positve and negative XRP news and posts to their thousands of followers. Some Instagram posts offers analysis of the XRP markets. Some Instagram posts also include XRP memes and inspirational quotes. XRP traders who follow Instagram XRP crypto accounts can be are a great way to keep up with the latest trends in the XRP market. These Instagram accounts are often helpful to stay abreast of new developments in the XRP space. But all XRP data and analysis must be checked and verified with your own research. Understand that any XRP posts may hold a bias.
If you see a potential XRP scammer on Instagram, flag their account and report it. Remember that XRP scammers are constantly changing, so it is important to watch out when using Instagram for XRP news and data. It is best to report or ignore any suspicious account promoting XRP scams quickly. You do not want to lose your money to a XRP scam.
In the early days of XRP the XRP crypto market fluctuated wildly, largely triggered by the actions of XRP industry leaders, celebrities, and artists. But with the rise of all cryptocurrencies in the last 4 years, there have been many XRP developments that are shaping the ever growign XRP cryptocurrency market. XRP influencers play an increasingly important role in the growth of cryptocurrency adoptation. Influencers use social media to help spread the word about XRP and other digital currencies, and following these individuals on social media like Instagram can be useful for XRP investors.
XRP trader have to understand that Instagram in a marketing platform. Influencers can be paid to promote XRP cryptocurrency and XRP related assets and XRP trading platforms. Any XRP trading platform or XRP exchange traders are considering funding and trading with must be very well regulated by financial regulators. The influencer agencies partner with influential figures in the XRP industry and may have established relationships with XRP trading platforms. This is why any XRP news has to be taken with scrutiny.
First, you have to understand how XRP works. It is easy to get lost with the complexity of XRP crypto markets, but you need to know the basics of the XRP blockchain. This public list of XRP transaction records secured by cryptography. XRP cuts out the need for intermediaries, such as banks, to store or transfer XRP crypto assets. XRP is stored in software and hardware XRP wallets, but be careful with less popular XRP wallet providers.
There are two types of XRP exchanges: centralized and decentralized. Centralized XRP exchanges are owned by private XRP companies and are often easier to use. They tend to have larger XRP trade volumes, more XRP liquidity, and more currency trading pairs. XRP users may prefer a centralized XRP exchange for a number of reasons, including the customer support, XRP trading price and XRP financial regulation.
This XRP Instagram list is by no means exhaustive, but these accounts are a good place to start.
Cointelegraph (@cointelegraph) is a popular XRP publication has over five hundred thousand followers. Its employees post videos and photos from conferences and interviews. They are a great source of information, and you can learn the latest news about XRP from these professionals. Cryptohumor is a great account to follow for XRP memes.
Coingrams is another XRP Instagram account worth following. This page shares video interviews with prominent XRP investors and business leaders. This account has hundreds of thousands of followers. The founder, Omar, attends high-profile events and interviews influential people in the XRP field. He shares interesting information and memes and inspires followers.
CryptoExplorer (@cryptoexplorer) is the largest Instagram account with news dedicated to XRP. The account has many active members and almost all of its XRP content is self-made. Their goal is to educate people about crypto and XRP. Their style and content emphasize education, with stylish infographics and XRP statistics. CryptoExplorer also offers a free e-book on crypto and XRP related investing. The XRP community is growing, and these accounts are helping spread the word about XRP and other cryptocurrencies.
CryptoPlayhouse (@cryptoplayhouse) is a must-follow if you are into XRP trading. The team is very informative, providing tips and XRP analysis to their followers. They also offer a glossary of XRP terms. The account boasts almost 250K followers. CryptoPlayhouse also has a live website. The most popular XRP instagram accounts to follow are those that are helpful to new XRP traders to the industry.
Many XRP experts in the crypto field are largely unknown and often controversial. However, according to a recent survey, the most trusted XRP experts are Elon Musk famed technology pioneer, Vitalik Buterin creator of Ethereum and Brian Armstrong, CEO of Coinbase.com.
The role of XRP influencers in the blockchain space is growing in importance, with the rise of XRP. These individuals have a great impact on the way people perceive XRP projects and campaigns. As a result, they are becoming integral substitutes for conventional XRP marketing channels advertisements. However, these XRP influencers are becoming more difficult to find in the real world. XRP influencers with the use of social media and able to create personas that might differ from reality. With the rise of social media financial regulators have placed bans on advertisements on some XRP influencers and XRP exchanges.
The role of influencers is crucial in bringing XRP products to the mainstream. XRP influencers are often famous people who act as testimonials or endorsers for XRP companies, some of which are unregulated. They help attract attention to XRP products and companies and spread their message to a wide audience. As a result, they may or may not be considered credible sources for information on XRP. Their credibility and integrity on XRP and other crypto must be checked.
A blockchain-focused XRP influencer can increase XRP brand awareness and drive XRP community growth. They also help attract loyal XRP investors and consumers. Instagram allows XRP brands to build a reputation and organically grow their XRP related brands. XRP traders must understand that any XRP information, data and news presented to them may be bias.
It is important to understand how influencers are involved with XRP in the process. A XRP related video post can engage a XRP interested audience quickly and effectively. Besides generating traffic, XRP videos can also convey relevant information to a large audience, interested in XRP. For XRP influencers, videos are often used to promote a XRP brand and get more XRP exposure for a XRP trading platform, XRP guide or XRP trading signal. XRP traders must understand what the goal of any Instagram XRP post is. Traders interested in XRP must always research is any XRP presented to them is authentic.
There are many cryptocurrencies like XRP that have huge potential. It is difficult to predict when a new one will go viral or start to outperform the rest. Instagram can help spot and understand XRP trends and if cryptocurrencie like XRP coins have potential. Keep in mind that every cryptocurrency is different and crypto like XRP will experience significant volatility.
A XRP roadmap is critical. While many XRP investors focus on the short-term performance of XRP, a XRP roadmap is a vital sign of a sustainable XRP value. A poorly defined XRP roadmap signals that it is just a Instagram XRP cash grab. A detailed XRP roadmap indicates a long-term potential and a sound plan for XRP growth.
There are many different types of XRP trading platforms and XRP exchanges, some are safer than others. Here are a few ways to protect your funds from XRP scams and theft. Only buy and sell XRP with regulated XRP exchanges and XRP trading platforms. Use 2 factor authentication with XRP trading platforms and use strong passwords.
A XRP reputable exchange will invest millions in preventing XRP hacks and exploits. In addition, you should always use strong passwords on your XRP exchange. If you do not, someone else may get access to your XRP trading account, which means they can transfer all your XRP assets to their own XRP crypto wallet. You should also use a separate dedicated XRP wallet and not store all your XRP assets with one XRP trading platform.
When choosing a XRP investment, consider the industry utility of the XRP. Some digital currencies like XRP may not have a real world use. As XRP becomes more widely adopted XRP may have multiple uses, like in XRP payments. Eventually XRP may become recognized as a fast and secure method of money transfer in the next ten years. While XRP is still in its early stages, XRP may see a good amount of growth if XRP becomes more popular in the real world. At the moment XRP is high risk due to its high price volatility.
Some traders invest in XRP long-term. These XRP investments may continue to rise in value for several years, and for long term XRP investments you will need to maintain a XRP position for at least 6 months or a year. Some investors plan to keep their XRP investments for decades.
When XRP reaches your set price, you will want to cash out and sell your XRP. The simplest way to cash out XRP is by selling it to a third-party XRP exchange. This process is similar to buying XRP, though you may have to make a few more clicks than when purchasing XRP. Once you have sold your XRP to a third-party exchange, you can withdrawal XRP funds to a withdrawal method of your choice is the fiat currency or your choice. Once the sale is complete, the XRP funds will arrive in your bank account in 3-5 days. Make sure that you provide the correct receiving address and verify your XRP trading account, otherwise your XRP withdraw may be delayed or lost. XRP cash out options include bank transfer, ewallets like Skrill, Neteller, Paypal and Venmo.
If you are a XRP beginner, you might be wondering how new crypto traders can invest in XRP . The best way to start investing is to research and shortlist a range of XRP trading platforms. While XRP is a high-risk investment, it is still actively traded. Unlike stocks or commodities, the value of XRP may rise or fall dramatically depending on the performance and the price of stablecoins and crypto markets as a whole. And since there are no central XRP crypto authorities to regulate the crypto market, the possibility of XRP fraud or counterfeiting is very high. A beginner should do their research before investing in XRP and understand the risks.
If you are a beginner, start with well-known stablecoins in addtion to coins like XRP. The reason this is so important with XRP is because most exchanges support trading in stablecoins in higher volume and liquidity. Trading with more liquid crypto assets helps in you are reducing your XRP risk while learning about the technology. You can also use XRP exchanges and XRP trading platforms. Just remember: do not invest money in XRP you cannot afford to lose. The key to XRP investing is to learn as much as you can about the XRP market as possible.
Among the numerous opportunities available for XRP investors, Instagram offers a great place to learn about XRP trading. It boasts of millions of users, and many XRP traders actively use the platform to share their XRP expertise with others. Among the many Instagram accounts claiming to be XRP traders, you will find many self-proclaimed XRP gurus. However, it is worth noting that some of the most popular Instagram accounts are actually professionals with years of experience in cryptocurrencies like XRP.
Above everything you read and watch on Instagram regarding XRP must be followed by your own research and due diligence. Instgram accounts mentioning XRP may have their own agendas and interests and may or may not help your XRP investment strategy and long term XRP goals.
Instagram has become a booming market for XRP cryptocurrency scams that try to capitalize on new and inexperienced XRP cryptocurrency traders who have high hopes of becoming wealthy rapidly wtih XRP. There is now no end to the number of people who are lamenting their losses to XRP scams that are not related to XRP regulated established exchanges and trading platforms.
Swindlers may occasionally construct imitation copies of authentic XRP cryptocurrency wallets or false XRP trading platforms for XRP cryptocurrencies in order to defraud victims who aren't paying attention. These phony XRP websites typically have domain names that are almost identical to the ones they are attempting to imitate, but with a few minor variations. They appear to be quite similar to genuine XRP websites, making it exceedingly difficult to differentiate between the two.
Scammers in the XRP cryptocurrency space may often act as celebrities, businesses, or influential figures, or pretend to have XRP endorsements from them. They target inexperienced XRP investors and sell them XRP phantom coins that do not actually exist. These XRP cons may be rather elaborate, since they may involve XRP websites and pamphlets that give the impression of showing XRP celebrity endorsements from well-known figures that may not exist.
Because XRP is highly volatile, XRP asset values can both go up and down, it is impossible for any type of financial investment, including XRP cryptocurrencies, to guarantee future returns.
A XRP coin or token being hyped up on Instagram and other social media by XRP fraudsters can cause a crash in XRP value. This is because traders rush to buy the XRP coins, driving up the XRP price. The XRP scammers then sell their XRP holdings, causing the asset's value to plummet.
Be wary of XRP cryptocurrencies for which you can't discover the identity of the XRP entity operating them. Finding out who the key people are behind the majority of XRP investing firms should be rather straightforward. Typically, this entails making the biographies of the individuals who operate the XRP investment simple to locate and maintaining an active XRP presence on various social media platforms.
Phishing attacks using XRP cryptocurrency frequently target information related to online XRP wallets. They send an email to recipients with the intention of leading them to a website that was developed specifically for the purpose of requesting XRP private key information. After the cybercriminals have obtained this XRP information, the next step for them is to steal the XRP cryptocurrencies stored in the XRP wallets and make off with the proceeds.
Never put up money that you can't afford to lose in the XRP volatile cryptocurrency markets. Companies that guarantee XRP returns or claim they can make you wealthy overnight with XRP are probably trying to con you out of your money when trading XRP. Because of the high degree of XRP volatility and speculative nature of XRP cryptocurrency, it is critical to have a solid understanding of the dangers associated with XRP investing on live crypto markets. If something looks too good to be true with XRP, there is a strong chance that it is.
Scammers that target XRP cryptocurrency users frequently utilize social media like Instagram to spread the word about their fraudulent XRP schemes. In order to give the impression that they are legitimate XRP investors, they could utilize unlawful pictures of famous persons or high-profile entrepreneurs and may have not real intention of any XRP crypto assets exchanging hands. Always approach opportunities related to XRP cryptocurrencies that are pushed on social media like Instagram with a healthy dose of skepticism, and make sure to complete your XRP research.
The most widely used cryptocurrencies like XRP do not constitute fraudulent schemes. However, if there is a particular aspect of XRP cryptocurrency that you are unfamiliar with, you should do some research on it and check to see if there is a XRP whitepaper that you can read about it. When looking into potential XRP frauds, it is a good idea to search for an up-to-date and reputable list of reported XRP cryptocurrency scammers on financial regulator websites.
If XRP isn’t quite what you are looking for you can check out some of the best XRP alternatives below.
If you would like to see XRP compared agains some of the best XRP crypto exchange alternatives available right now you can do so by clicking on the links below.