A Step-by-Step-Guide on how to buy Ripple (XRP) in Comoros
Step 1 – Join Coinbase – Get Free $10 You will first need to purchase units of the bigger coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below to register and getting your welcome 10$.
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader 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. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this guide) Make sure you have selected the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you're using a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Locate Ripple (XRP) As soon as your deposit has been approved, you will now have access to your funds and you can initiate invest and trading. To purchase (XRP) Ripple on Binance, you will want to go to the “Exchange” tab and mouse click on “Basic”. To find (XRP) Ripple, you'll need to insert the cointype (XRP) into the search-box, which is highlighted in the graphic. Make sure you have selected the correct pairing, we have highlighted this too. Click on “XRP/BTC” to proceed.
Step 4 – Buying (XRP) Ripple After you have spotted (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 picture). For now we're making our own Limit Order. The “Price” field will be filled automatically with the latest valuation (XRP) Ripple was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the quantity of XRP you want to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the whole quantity of XRP. If you're glad, click on “Buy XRP”. Your order will be filled when a Vender sells their XRP for the price you offered.
Step 5 – Withdraw Ripple (XRP) Unless you are trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extended time period. In order to withdraw your (XRP) Ripple, go to the tab called “Funds” and click on “Withdraw”. (XRP) Ripple can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XRP) Ripple by using the provided drop-down box. Enter the volumen of Ripple (XRP) you would wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your right withdraw address. When you're happy, click on “Submit”. You may be asked for email/phone verification ahead of a take off.