A Step-by-Step-Guide on how to buy Ripple (XRP) in Andorra
Step 1 – Join Coinbase – Get Free $10 In the beginning you'll need to purchase units of the bigger currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below for registration and getting your first 10$.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Ripple (XRP) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you've chosen the exact coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. In the case you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).
Step 3 – Find (XRP) Ripple As soon as your deposit has been affirmed, you will immediately have access to your assets and you can commence purchasing and trading. To purchase (XRP) Ripple on Binance, you will want to go to the “Exchange” tab and then mouse click on “Basic”. In order to discover Ripple (XRP), you'll need to put the shortname of the coin (XRP) into the search box, which is marked in the graphic. Make sure you have choosen the right grouping, we've marked this too. Click on “XRP/BTC” to go ahead.
Step 4 – Buying (XRP) Ripple As soon as you've located (XRP) Ripple, you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). And now we're going to make our Limit Order. The “Price” field will be filled with the up-to-date price Ripple (XRP) was traded for. This can be changed to your favoured rate. The “Amount” field is the volumen of XRP you like to buy. The “Total” field is the total price in Bitcoin that you will pay for the whole amount of XRP. If you're glad, click on “Buy XRP”. Your order will be filled as soon as a Vender trades their XRP for the price you offered.
Step 5 – Withdraw (XRP) Ripple Unless you are regularly trading, best advise is not to keep your crypto coins on an Exchange for an extended period of time. In order to take off your (XRP) Ripple, go to the tab called “Funds” and mouse click on “Withdraw”. Ripple (XRP) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Ripple (XRP) by using the provided drop-down box. Put into the amount of Ripple (XRP) you'd wish to take off. Take into account the displayed fees/minimums. Also make sure you have filled your correct withdraw address. If you're satisfied, make a mouse click on “Submit”. You may be requested for verfication via email/phone before a take off.