A Step-by-Step-Guide on how to buy Ripple (XRP) in Dominica
Step 1 – Join Coinbase – Get Free $10 You will first need to purchase units of the bigger currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below for registration and getting your welcome 10$.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Ripple (XRP) is accessible 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 chosen the right coin you want to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, et cetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Find Ripple (XRP) Once your deposit has been confirmed, you will directly have access to your funds and you can initiate invest and trading. To buy (XRP) Ripple on Binance, you'll want to go to the “Exchange” tab and mouse click on “Basic”. In order to locate (XRP) Ripple, you will need to put the shortname of the coin (XRP) into the search-box, which is highlighted in the graphic. Be certain of having selected the correct pairing, we have marked this too. Click on “XRP/BTC” to advance.
Step 4 – Acquisition of (XRP) Ripple Once you have found (XRP) Ripple, you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we're making our own Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date valuation (XRP) Ripple was traded for. You can change this to your desired price. 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 settle for the whole volumen of XRP. When you are satisfied, click on “Buy XRP”. Your order will be filled as soon as a Seller trades their XRP for the price you submitted.
Step 5 – Withdraw Ripple (XRP) Unless you are regularly trading, never keep your crypto on an Cryptocurrency Exchange for an extensive time frame. In order to withdraw your (XRP) Ripple, go to the “Funds” tab and mouse click on “Withdraw”. (XRP) Ripple can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XRP) Ripple by using the provided drop-down box. Enter the volumen of (XRP) Ripple you would wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your right withdraw address. If you're satisfied, make a mouse click on “Submit”. You may be asked for email/phone verification ahead of a take off.