A Step-by-Step-Guide on how to buy Ripple (XRP) in Benin
Step 1 – Signup to Coinbase – Get Free $10 You'll first need to purchase units of the major coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below for registration and getting your welcome $10.
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Ripple (XRP) is available on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow these easy steps) Make sure you have chosen the precise coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Locate (XRP) Ripple As soon as your deposit has been confirmed, you will directly have access to your assets and you can commence buying and trading. To purchase (XRP) Ripple on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”. In order to locate (XRP) Ripple, you'll need to put the shortname of the coin (XRP) into the search-box, which is marked in the image. Be certain of having selected the right pairing, we have marked this also. Click on “XRP/BTC” to proceed.
Step 4 – Buy (XRP) Ripple After you have found (XRP) Ripple, you'll be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). And now we're creating our own Limit Order. The field with the “Price” tag will be filled with the up-to-date tariff (XRP) Ripple was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of XRP you like to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the complete amount of XRP. If you are glad, click on “Buy XRP”. Your order will be filled as soon as a Vendor trades their XRP for the price you introduced.
Step 5 – Withdraw Ripple (XRP) Unless you are trading, best advise is not to keep coins on an Exchange for an longer time frame. In order to take off your (XRP) Ripple, hover over the tab called “Funds” and click on “Withdraw”. (XRP) Ripple 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 volumen of Ripple (XRP) you'd like to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your correct withdraw address. If you're happy, make a mouse click on “Submit”. You could be asked for verfication via phone/email ahead of a take off.