Ripple aims to replace the traditional payments system. It was created in 2012. If you want to buy XRP, you will need to use a third-party broker or exchange. However, not all platforms are suitable for everyone, so its best to do some research before choosing an exchange.
The first thing that you need to decide is whether you want to own XRP or store it or invest it via a CFD. Investing in Ripple via CFD will not allow you to withdraw your coins out of the broker, but it will enable you to speculate on the price of XRP without having to worry about the storage.
When buying XRP, you own it and have the right to sell and transfer it whenever you like. When you have bought the coins, it can be used just like fiat currencies for payments and purchases. Buying XRP is safer than trading with margin or with borrowed funds.
Trading XRP with CFDs doesn’t need you to own it; you own representation of Ripple, which is in the form of a contract. It is usually associated with shorter-term positions as Ripple using margin accrues fees quickly. As you are buying contracts on margin, there is a higher risk.