How to Buy Ripple (XRP) in Bahamas

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

Step 1 – Join Coinbase and recieve 10$ for free

You will first need to purchase one of the major currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below for registration and to get your welcome $10.

Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange

Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Ripple (XRP) is available on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Just follow this guide)

Make sure you've selected the precise coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you are using a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).

Step 3 – Find (XRP) Ripple

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

In order to locate (XRP) Ripple, you'll need to insert the shortname of the coin (XRP) into the search-box, which is highlighted in the image. Be certain of having choosen the correct grouping, we have highlighted this also. Click on “XRP/BTC” to progress.

Step 4 – Buying (XRP) Ripple

After you have located (XRP) Ripple, you will be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). And now we're going to create our 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 field with the “Amount” tag is the volumen of XRP you like to buy. The “Total” field is the whole price in BTC that you'll settle for the whole quantity of XRP.

When you're happy, click on “Buy XRP”. Your plan will be filled as soon as a Seller sells their XRP for the price you introduced.

Step 5 – Withdraw (XRP) Ripple

Unless you are trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extensive time period. In order to take off your (XRP) Ripple, go to the tab called “Funds” and mouse click on “Withdraw”. Ripple (XRP) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Ripple (XRP) by using the given drop-down box. Drop in the quantity of (XRP) Ripple you'd like to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your right withdraw address.

If you're happy, click “Submit”. You may be asked for phone/email verification before a take off.

Congrats! You've successfully purchased and stored (XRP) Ripple in Bahamas.

That's it!

Take offs from Exchange can durate between 1 – 30 minutes (rely on network usage). Once you have confirmed your take off using Ethplorer.io or Etherscan.io and the (XRP) Ripple is stored in your wallet, you are done.