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Ripple's XRP is the hot new cryptocurrency - here's how you buy it

Chris WellerJan 10, 2018, 21:13 IST

The logo of blockchain company Ripple is seen at the SIBOS banking and financial conference in TorontoThomson Reuters

Following bitcoin's booming 2017, cryptocurrencies have become the hot new investment play.

One of the most talked-about cryptos is Ripple's XRP, which had grown by more than 3,000% since mid-2017. Its market cap of $7.6 billion makes it the third-largest cryptocurrency behind bitcoin and Ethereum.

Unlike those two other giants, if you want to buy Ripple it takes a bit more finagling than just taking a trip over to the popular exchange Coinbase (although it's still important).

Here's how to buy your first batch of Ripple's XRP coins.