Ripa is a crypto asset marketplace developed on ARK-blockchain technology with an aim to facilitate easy entry into cryptocurrency exchange landscape. It is basically a hybrid-decentralised exchange with a strong focus on lowering the cost involved in opening a new exchange and furnishing crypto-traders with a safe and secure trading ecosystem.
Features of Ripa
Following are some important features of Ripa:
It is a personalised cryptocurrency exchange solution architecture that allows easy connection to KYC/AML, authentication, ETL/reporting, etc.
- Transparent and Configurable
Being an open source technology enables Ripa to be more secure, transparent, flexible and highly configurable.
Peatio’s KYC system efficiently submits and exchanges KYC data that is necessary to comply with banking supervisory standards and Customer Due Diligence (CDD) requirements.
The platform supports a myriad of languages, thereby enhancing its usability for users across the globe.
Ripa allows users to create multiple accounts, thereby making it easier for them to trade in multiple currencies.
Peatio’s Proof of Solvency (PoS) enables users to authenticate solvency of the Peatio-based cryptocurrency exchange without impacting their privacy.
Ripa has a straightforward and user-friendly registration and login interface which ensures easy usability. Moreover, it also offers personalised deposit and withdrawal methods to its users.
The Dedicated Ripa Blockchain
Ripa Exchange will have its dedicated blockchain denoted as Ripa Blockchain, and will operate on the DPOS protocol. It will be serving five primary purposes:
- List new cryptocurrencies on Ripa Exchanges
- Promote new projects on the platform
- Purchase of RipaEx gadget on the RipaEx store
- Payment of transactions on authorised reseller platforms with RipaEx POS
- Share liquidity between Ripa Exchanges within the same network
Delegated Proof of Stake Technology
Ripa Blockchain has integrated a delegated Proof of Stake Technology (PoS) consensus system. This algorithm was fundamentally designed to eliminate the challenges associated with Proof of Work (PoW) including centralisation of computing power and the high wastage of energy.
Ripa Liquidity Service Provider (RLSP)

By incorporating SmartBridge technology, RipaEX aims to build a mechanism to offer liquidity among all exchanges on the network. The platform enables this by writing the single exchange orderbook in the Ripa Blockchain and by implementing order matching between all exchanges on the network.
Token Distribution
The platform aims to offer 115,000,000 XPX tokens and distribute these tokens in the following manner:
- 65% – PreSale and RIPA TEC
- 15% – RIPA founders team
- 6% – Marketing
- 5% – Bounties
- 5% – RCF
- 4% – Ark.io SCIC
The fund collected from the token distribution will be allocated in the following way:
- 60% – Project Development
- 20% – Marketing
- 20% – Legal Support
Ripa – A User-Friendly Approach to the Crypto Domain
Creating a new exchange while advantageous, can be a complicated and expensive ordeal. Ripa is an hybrid-decentralised exchange that aims to make a foray in the crypto exchange world, easier and affordable for users across the globe. Moreover, by leveraging blockchain technology, Ripa has ensured that investors have a secure, profitable, and efficient cryptocurrency trading experience.
Remember to connect to us…
Website: www.ripaex.io
Telegram: t.me/ripaex
BitcointalkANN: bitcointalk.org/index.php?topic=3759172
Whitepaper: github.com/RipaEx/whitepaper/raw/master/eng/RipaEx_WP_EN.pdf
Facebook: www.facebook.com/ripaex
Twitter: twitter.com/ripaex
Gitter: gitter.im/RipaEx/RipaEx
GitHub: github.com/RipaEx/
Blog: steemit.com/ripaex
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