How to Buy Ripple (XRP) in Dominican Republic

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

Step 1 – Signup to Kraken

You'll first need to purchase units of the top-tier coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for alternative Coins. Follow the Link below to register and getting your welcome Bitcoin or Ethereum.

Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader

Your BTC (Bitcoin) or ETH (Ethereum) 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 sample. Not sure on how to send Coinbase funds to an Exchange? (Follow these easy steps)

Make sure you've selected the right coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be unlike (Follow our guide).

Step 3 – Locate Ripple (XRP)

Once your deposit has been confirmed, you will directly have access to your funds and you can launch purchasing and trading. To buy (XRP) Ripple on Binance, you'll want to go to the “Exchange” tab and then click on “Basic”.

In order to discover Ripple (XRP), you will need to put the shortname of the coin (XRP) into the search-box, which is marked in the image. Make sure you have choosen the proper pairing, we have highlighted this too. Click on “XRP/BTC” to go on.

Step 4 – Purchase (XRP) Ripple

After you've located (XRP) Ripple, you will be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). For now we're creating our own Limit Order.

The field with the “Price” tag will be automatically filled with the most latest tariff (XRP) Ripple was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the volumen of XRP you wish to purchase. The “Total” field is the whole price in BTC that you'll settle for the whole amount of XRP.

When you are glad, click on “Buy XRP”. Your order will be filled as soon as a Vender sells their XRP for the price you offered.

Step 5 – Withdraw (XRP) Ripple

Unless you are frequently trading, you should never keepyour crypto on an Crypto Exchange for an extended time period. In order to withdraw your Ripple (XRP), go to the tab called “Funds” and mouse click on “Withdraw”. (XRP) Ripple can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Ripple (XRP) by using the given drop-down box. Put into the quantity of Ripple (XRP) you would wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your correct withdraw address.

If you're glad, click “Submit”. You may be requested for verfication via email/phone ahead of a take off.

Kudos! You've successfully bought and stored (XRP) Ripple in Dominican Republic.

That's it!

Withdrawals from Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). Once you have confirmed your withdrawal using Ethplorer.io or Etherscan.io and the Ripple (XRP) is stored inside your wallet, you're finished.