How to Buy Ripple (XRP)

A Step-by-Step-Guide on 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.

Binance Signup
Step 2 – Transmit Your Funds to an Crypto Trader

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Ripple (XRP) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this manual)

Make sure you have selected the correct coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow these easy steps).

Step 3 – Locate Ripple (XRP)

As soon as your deposit has been confirmed, you'll directly have access to your funds and you can start invest and trading. To invest in Ripple (XRP) on Binance, you'll want to hover over the ”Exchange” tab and after that mouse click on “Basic”.

To discover Ripple (XRP), you will need to insert the cointype (XRP) into the search box, which is highlighted in the graphic. Be certain of having choosen the proper pairing, we've highlighted this also. Click on “XRP/BTC” to go on.

Binance Hot To Buy Ripple (XRP)
Binance How to Buy (XRP) Ripple
Step 4 – Purchasing Ripple (XRP)

Once you've found Ripple (XRP), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). Next we're creating our own Limit Order.

The field with the “Price” tag will be automatically filled with the most up-to-date tariff Ripple (XRP) was traded for. This can be changed to your preferred price. The ”Amount” field is the volumen of XRP you wish to buy. The ”Total” field is the aggregated price in Bitcoin that you'll pay for the complete quantity of XRP.

If you are satisfied, click on “Buy XRP”. Your plan will be filled as soon as a Seller trades their XRP for the price you offered.

Step 5 – Withdraw Ripple (XRP)

Unless you are frequently trading, best advise is not to keep crypto coins on an Crypto Trader for an extensive period of time. In order to withdraw your Ripple (XRP), hover over the tab called “Funds” and click on “Withdraw”. Ripple (XRP) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Ripple (XRP) by using the provided drop-down box. Drop in the quantity of Ripple (XRP) you'd like to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address.

When you are happy, click on “Submit”. You may be requested for phone/email verification before a take off.

Binance Withdraw

Kudos! You've successfully bought and stored Ripple (XRP).

That's it!

Take offs from Crypto Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). Once you have confirmed your take off using Ethplorer.io or Etherscan.io and the (XRP) Ripple is safe inside your wallet, you're finished.

Some other Guides on How to buy Coins

How to Buy WeGen Platform
How to Buy CIPHER
How to Buy Coins
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