How to Buy Ripple (XRP)

Step 1 – Join Kraken

You will first need to buy units of the top-tier currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below for registration and to get Funds.

Step 2 – Send Your Funds to an Exchange

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Ripple (XRP) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this guide)

Make sure you've selected the correct coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow these easy steps).

Step 3 – Find Ripple (XRP)

Once your deposit has been affirmed, you will instantly have access to your funds and you can start invest and trading. To buy Ripple (XRP) on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

To discover Ripple (XRP), you will need to put the shortname of the coin (XRP) into the search-box, which is marked in the graphic. Make sure you have selected the proper grouping, we've highlighted this too. Click on “XRP/BTC” to advance.

Step 4 – Purchasing Ripple (XRP)

Once you've located Ripple (XRP), you'll be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). Next we are going to create our own Limit Order.

The field with the “Price” tag will be automatically filled with the most latest price Ripple (XRP) was sold for. You can change this to your desired price. The ”Amount” field is the quantity of XRP you wish to purchase. The ”Total” field is the total price in BTC that you'll pay for the complete amount of XRP.

If you are glad, make a mouse click on “Buy XRP”. Your order will be filled when a Vendor sells their XRP for the price you introduced.

Step 5 – Withdraw Ripple (XRP)

Unless you are frequently trading, you should never keepyour crypto coins on an Crypto Trader for an extended time frame. To withdraw your Ripple (XRP), go to the ”Funds” tab and mouse click on “Withdraw”. Ripple (XRP) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Ripple (XRP) by using the provided drop-down box. Enter the quantity of Ripple (XRP) you'd like to take off. Don't forget the presented fees/minimums. Also make sure you have entered your right withdraw address.

When you are satisfied, click on “Submit”. You may be requested for phone/email verification ahead of a withdrawal.