How to Buy Ripple (XRP) in Guinea

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

Step 1 – Join Kraken

In the beginning you'll need to purchase one of the top-tier currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below for registration and receive your first Ethereum or Bitcoin.

Step 2 – Transfer Your Funds to an Crypto Trader

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Ripple (XRP) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Locate (XRP) Ripple

As soon as your deposit has been confirmed, you'll instantly have access to your funds and you can initiate invest and trading. To invest in (XRP) Ripple on Binance, you'll want to hover over the “Exchange” tab and after that click on “Basic”.

In order to spot (XRP) Ripple, you'll need to put the short name of the asset (XRP) into the search-box, which is highlighted in the graphic. Make sure you have selected the right pairing, we have marked this too. Click on “XRP/BTC” to advance.

Step 4 – Buy (XRP) Ripple

After you've located Ripple (XRP), you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we're creating our Limit Order.

The “Price” field will be filled with the most latest valuation Ripple (XRP) was sold for. You can change this to your desired rate. The field with the “Amount” tag is the amount of XRP you wish to buy. The field with the “Total” tag is the total price in BTC that you will pay for the complete amount of XRP.

When you're glad, make a mouse click on “Buy XRP”. Your order will be filled as soon as a Vender trades their XRP for the price you offered.

Step 5 – Withdraw (XRP) Ripple

Unless you're frequently trading, you should never keepyour coins on an Crypto Exchange for an extended time period. To withdraw your (XRP) Ripple, go to the tab called “Funds” and click on “Withdraw”. (XRP) Ripple can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Ripple (XRP) by using the provided drop-down box. Drop in the volumen of Ripple (XRP) you'd wish to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address.

If you are glad, make a mouse click on “Submit”. You could be requested for email/phone verification before a take off.

Congratulations! You've successfully purchased and stored (XRP) Ripple in Guinea.

That's it!

Take offs from Crypto Exchange can durate between 1 – 30 minutes (rely on usage of the network). Once you have confirmed your withdrawal with Etherscan.io or Ethplorer.io and the Ripple (XRP) is stored inside your wallet, you're all done.