Unlike Bitcoin blockchain, Ripple does not involve mining, which means no Ripple coins are created when a miner uploads transaction data. Instead, to achieve consensus, multiple parties authenticate Ripple transactions.
Banks and financial institutions prefer Ripple because it can move large amounts of currency promptly and economically. On an average, a typical XRP transaction clears in 4 seconds, whereas a Bitcoin transaction takes roughly an hour.
Register: Sign Up with Bitbns. Verify your mobile number, email id and create your Bitbns account within minutes.
ID Proofs: Complete your profile registration by submitting your:
Profile Verification : After submitting all required documents for account verification, you will be notified in 1 working day's time about account activation.
You will then be allowed to transfer funds to your Bitbns account using NEFT/RTGS/IMPS
Bitbns has been established since December-2017 as an intermediary for the purchase and sale of cryptocurrencies. We offer our expertise in an easy-to-access environment where you can simply and confidently buy and sell cryptocurrencies.
If you encounter any difficulty, our helpdesk is at your service. Our employees guide you gladly during your topifications. All you have to do is contact the home page of our site.
Security, speed and ease of use are the spearheads of Bitbns. Our passion is to improve our service on a daily basis. Many customers can testify to their satisfaction.
Launched in 2012, the Ripple network enables "secure, instant and almost free global financial transactions of any size without debiting". It supports any fiduciary currency, cryptocurrency, convenience or any other valuable unit such as air miles, mobile minutes, GPS distances.
Ripple is a protocol for the exchange of currencies that could be defined as an HTTP for money. As HTTP its use is free and unlicensed, like Bitcoin it allows transactions in money. The Ripple protocol is increasingly being adopted by banks and payment networks such as payment infrastructure technology. Of the 50 largest banks in the world, ten are already working with Ripple.