A Step-by-Step-Guide on how to buy Ripple (XRP) in Ghana
Step 1 – Signup to Coinbase and get 10$ for free In the beginning you'll need to purchase one of the bigger coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click below to register and receive your welcome 10 Dollar.
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Ripple (XRP) is available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Just follow this manual) Make sure you've selected the precise coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Locate Ripple (XRP) As soon as your deposit has been affirmed, you'll directly have access to your finances and you can commence buying and trading. To buy (XRP) Ripple on Binance, you will want to hover over the “Exchange” tab and mouse click on “Basic”. To find Ripple (XRP), you will need to insert the shortname of the coin (XRP) into the search-box, which is highlighted in the picture. Make sure you have choosen the proper grouping, we've highlighted this too. Click on “XRP/BTC” to go on.
Step 4 – Buy (XRP) Ripple After you have located Ripple (XRP), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). Next we are going to make our Limit Order. The “Price” field will be filled automatically with the up-to-date valuation Ripple (XRP) was traded for. This can be changed to your preferred rate. The “Amount” field is the amount of XRP you want to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the whole quantity of XRP. If you're glad, click on “Buy XRP”. Your plan will be filled as soon as a Seller sells their XRP for the price you gave.
Step 5 – Withdraw (XRP) Ripple Unless you are trading, never keep your crypto on an Exchange for an longer time frame. In order to take off your Ripple (XRP), hover over the tab called “Funds” and mouse click on “Withdraw”. (XRP) Ripple can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Ripple (XRP) by using the provided drop-down box. Drop in the quantity of (XRP) Ripple you'd wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. If you are glad, make a mouse click on “Submit”. You could be asked for email/phone verification ahead of a withdrawal.