A Step-by-Step-Guide on how to buy Ripple (XRP) in Botswana
Step 1 – Signup to Coinbase and get 10$ for free In the beginning you'll need to buy units of the top-tier currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below for registration and receive your welcome $10.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. Every exchange has 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 Trader? (Follow this how-to) Make sure you have chosen the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you are using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Find Ripple (XRP) Once your deposit has been verified, you'll directly have access to your funds and you can start buying and trading. To invest in Ripple (XRP) on Binance, you will want to go to the “Exchange” tab and after that mouse click on “Basic”. In order to locate Ripple (XRP), you'll need to insert the short name of the asset (XRP) into the search box, which is marked in the graphic. Be certain of having choosen the right pairing, we've highlighted this too. Click on “XRP/BTC” to proceed.
Step 4 – Buying Ripple (XRP) After you have found Ripple (XRP), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). And now we are going to create our Limit Order. The “Price” field will be filled with the most recent valuation (XRP) Ripple was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of XRP you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the whole quantity of XRP. If you're glad, click on “Buy XRP”. Your plan will be filled as soon as a Seller trades their XRP for the price you introduced.
Step 5 – Withdraw Ripple (XRP) Unless you're trading, best advise is not to keep coins on an Crypto Trader for an extensive time frame. In order to withdraw your Ripple (XRP), go to the “Funds” tab and mouse click on “Withdraw”. Ripple (XRP) 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 (XRP) Ripple you would wish to withdraw. Take into account the displayed fees/minimums. Also make sure you have entered your correct withdraw address. When you're satisfied, click on “Submit”. You could be requested for verfication via phone/email ahead of a take off.