Cryptocurrency Q&A
Does ripple make a profit?
Does ripple make a profit?
CryptoPioneer
Sat Dec 14 2024
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5
answers
1424
I've been hearing a lot about Ripple recently and I'm curious if it's a profitable venture. I want to know if investing in Ripple can actually make a profit or if it's just another risky cryptocurrency.
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5 answers
CryptoWanderer
Mon Dec 16 2024
The XRP cryptocurrency operates on a decentralized platform.
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Andrea
Mon Dec 16 2024
The company also charges interest fees on loans.
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Elena
Mon Dec 16 2024
Despite its decentralized nature, XRP remains linked to Ripple, a private company.
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SejongWisdomKeeperElite
Mon Dec 16 2024
Ripple generates revenue through various means, including the sale of XRP.
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Eleonora
Mon Dec 16 2024
Additionally, Ripple earns money from payment fees and profits made from investments.
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