A Step-by-Step-Guide on how to buy Ripple (XRP) in Cook Islands
Step 1 – Join Coinbase – Get Free $10 You will first need to purchase units of the bigger currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below to register and getting your first 10 Dollar.
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Ripple (XRP) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this manual) Make sure you've selected the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you're using a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Locate Ripple (XRP) As soon as your deposit has been approved, you'll directly have access to your finances and you can start purchasing and trading. To purchase (XRP) Ripple on Binance, you will want to hover over the tab which is called “Exchange” and mouse click on “Basic”. In order to find Ripple (XRP), 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 grouping, we have marked this too. Click on “XRP/BTC” to go on.
Step 4 – Acquisition of Ripple (XRP) As soon as you've discovered (XRP) Ripple, you will be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). For now we are going to make our own Limit Order. The “Price” field will be filled with the most up-to-date rate Ripple (XRP) was traded for. This can be changed to your desired price. The field with the “Amount” tag is the amount of XRP you like to buy. The “Total” field is the whole price in BTC that you'll settle for the whole volumen of XRP. When you're glad, make a mouse click on “Buy XRP”. Your plan will be filled when a Vendor sells their XRP for the price you offered.
Step 5 – Withdraw (XRP) Ripple Unless you are regularly trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extensive period of time. To take off your Ripple (XRP), hover over the tab called “Funds” and mouse click on “Withdraw”. Ripple (XRP) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Ripple (XRP) by using the provided drop-down box. Enter the amount of Ripple (XRP) you would like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your correct withdraw address. When you are glad, click “Submit”. You may be requested for phone/email verification ahead of a take off.