A Step-by-Step-Guide on how to buy iXRP (IXRP)
Step 1 – Join Kraken You'll first need to purchase one of the bigger coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Click the button below for registration and getting Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your Funds to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. iXRP (IXRP) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you have selected the exact coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Find iXRP (IXRP) Once your deposit has been approved, you will now have access to your finances and you can start buying and trading. To invest in iXRP (IXRP) on Binance, you will want to go to the ”Exchange” tab and mouse click on “Basic”. In order to discover iXRP (IXRP), you will need to put the shortname of the coin (IXRP) into the search-box, which is highlighted in the graphic. Make sure you have selected the correct pairing, we have highlighted this also. Click on “IXRP/BTC” to go on.
Step 4 – Buying iXRP (IXRP) Once you've located iXRP (IXRP), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). And now we are making our own Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date rate iXRP (IXRP) was traded for. This can be changed to your preferred rate. The ”Amount” field is the amount of IXRP you like to purchase. The field with the “Total” tag is the whole price in BTC that you'll settle for the whole amount of IXRP. When you're glad, click on “Buy IXRP”. Your order will be filled when a Seller sells their IXRP for the price you gave.
Step 5 – Withdraw iXRP (IXRP) Unless you're trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an extended period of time. To take off your iXRP (IXRP), hover over the tab called “Funds” and click on “Withdraw”. iXRP (IXRP) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate iXRP (IXRP) by using the given drop-down box. Enter the amount of iXRP (IXRP) you would wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your right withdraw address. If you're glad, click “Submit”. You could be asked for phone/email verification before a withdrawal.