How to Buy Ripple (XRP) in Eritrea

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

Step 1 – Join Coinbase and get 10$ for free

You'll first need to buy units of the top-tier currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below for registration and getting your first 10$.

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

Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Ripple (XRP) is available on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to)

Make sure you've selected the precise coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).

Step 3 – Find Ripple (XRP)

As soon as your deposit has been verified, you will directly have access to your finances and you can initiate purchasing and trading. To buy Ripple (XRP) on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to discover (XRP) Ripple, you will need to put the cointype (XRP) into the search box, which is highlighted in the picture. Be certain of having choosen the right grouping, we have marked this also. Click on “XRP/BTC” to advance.

Step 4 – Buy Ripple (XRP)

As soon as you've located Ripple (XRP), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). And now we're making our own Limit Order.

The “Price” field will be filled automatically with the most recent tariff Ripple (XRP) was traded for. You can change this to your desired rate. The “Amount” field is the amount of XRP you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the complete amount of XRP.

If you're satisfied, make a mouse click on “Buy XRP”. Your order will be filled as soon as a Vendor sells their XRP for the price you offered.

Step 5 – Withdraw Ripple (XRP)

Unless you're regularly trading, best advise is not to keep coins on an Crypto Exchange for an extensive time period. In order to withdraw your Ripple (XRP), go to the “Funds” tab and mouse click on “Withdraw”. (XRP) Ripple can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Ripple (XRP) by using the provided drop-down box. Enter the volumen of (XRP) Ripple you would like to take off. Take into account the presented minimus/fees. Also make sure you have filled your correct withdraw address.

When you're glad, make a mouse click on “Submit”. You could be requested for verfication via phone/email ahead of a take off.

Kudos! You have successfully purchased and safed (XRP) Ripple in Eritrea.

That's it!

Take offs from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on network usage). As soon as you've proved your withdrawal using Etherscan.io or Ethplorer.io and the (XRP) Ripple is safe within your wallet, you're done.