A Step-by-Step-Guide on how to buy Ripple (XRP) in Georgia
Step 1 – Join Coinbase – Get Free $10 You'll first need to buy units of the bigger currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for Altcoins. Click below to register and to get your first 10$.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Ripple (XRP) is obtainable on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to) Make sure you have chosen the correct coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our how-to).
Step 3 – Find (XRP) Ripple Once your deposit has been verified, you'll now have access to your funds and you can initiate buying and trading. To buy Ripple (XRP) on Binance, you will want to go to the “Exchange” tab and mouse click on “Basic”. In order to discover (XRP) Ripple, you will need to insert the short name of the asset (XRP) into the search box, which is marked in the picture. Make sure you have choosen the correct pairing, we've marked this too. Click on “XRP/BTC” to go on.
Step 4 – Buy (XRP) Ripple As soon as you've located Ripple (XRP), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). Next we are creating our own Limit Order. The “Price” field will be automatically filled with the recent rate Ripple (XRP) was sold for. You can change this to your preferred price. 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 BTC that you'll pay for the whole volumen of XRP. When you're happy, click on “Buy XRP”. Your plan will be filled as soon as a Vender sells their XRP for the price you introduced.
Step 5 – Withdraw (XRP) Ripple Unless you're trading, you should never keepyour crypto on an Cryptocurrency Exchange for an longer time frame. In order to take off your Ripple (XRP), go to the tab called “Funds” and click on “Withdraw”. (XRP) Ripple can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XRP) Ripple by using the provided drop-down box. Drop in the quantity of Ripple (XRP) you would wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your right withdraw address. If you are glad, click “Submit”. You may be requested for phone/email verification before a withdrawal.