How to Buy Ripple (XRP) in Azerbaijan

A Step-by-Step-Guide on how to buy Ripple (XRP) in Azerbaijan

Step 1 – Join Kraken

You will first need to buy one of the top-tier currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click the button below for registration and to get your first ETH (Ethereum) or BTC (Bitcoin).

Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange

Your Bitcoin or Ethereum has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Ripple (XRP) is accessible on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow these easy steps)

Make sure you have chosen the precise coin you would like to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).

Step 3 – Find Ripple (XRP)

As soon as your deposit has been confirmed, you will instantly have access to your assets and you can commence invest and trading. To invest in (XRP) Ripple on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

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

Step 4 – Buy (XRP) Ripple

After you have discovered Ripple (XRP), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are going to create our own Limit Order.

The “Price” field will be filled automatically with the most latest tariff Ripple (XRP) was traded for. You can change this to your favoured 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 BTC that you'll pay for the complete volumen of XRP.

When you are satisfied, make a mouse click on “Buy XRP”. Your order will be filled when a Seller sells their XRP for the price you gave.

Step 5 – Withdraw Ripple (XRP)

Unless you are regularly trading, never keep your coins on an Cryptocurrency Exchange for an longer time period. To withdraw your (XRP) Ripple, go to the “Funds” tab and mouse click on “Withdraw”. (XRP) Ripple can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Ripple (XRP) by using the given drop-down box. Enter the amount of Ripple (XRP) you'd wish to take off. Don't forget the shown fees/minimums. Also make sure you have entered your precise withdraw address.

When you're glad, click “Submit”. You could be requested for email/phone verification before a take off.

Kudos! You have successfully bought and safed (XRP) Ripple in Azerbaijan.

That's it!

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