A Step-by-Step-Guide on how to buy Ripple (XRP) in Indonesia
Step 1 – Signup to Coinbase and get 10$ for free In the beginning you'll need to buy units of the bigger coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below for registration and to get your welcome 10 Dollar.
Step 2 – Send Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Ripple (XRP) is accessible on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow these easy steps) Make sure you have selected the right coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. If you are working with a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).
Step 3 – Find Ripple (XRP) Once your deposit has been confirmed, you will immediately have access to your finances and you can commence invest and trading. To invest in (XRP) Ripple on Binance, you will want to go to the “Exchange” tab and click on “Basic”. In order to locate (XRP) Ripple, you'll need to put the short name of the asset (XRP) into the search box, which is marked in the picture. Be certain of having choosen the right pairing, we've highlighted this also. Click on “XRP/BTC” to go on.
Step 4 – Buying (XRP) Ripple After you have discovered (XRP) Ripple, you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we're going to make our Limit Order. The field with the “Price” tag will be filled automatically with the recent valuation (XRP) Ripple was traded for. You can change this to your desired rate. The “Amount” field is the volumen of XRP you wish to buy. The “Total” field is the whole price in BTC that you'll pay for the whole quantity of XRP. If you're glad, make a mouse click on “Buy XRP”. Your plan will be filled when a Vendor trades their XRP for the price you gave.
Step 5 – Withdraw Ripple (XRP) Unless you're regularly trading, you should never keepyour coins on an Exchange for an extended period of time. In order to withdraw your Ripple (XRP), go to the “Funds” tab and mouse click on “Withdraw”. Ripple (XRP) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Ripple (XRP) by using the provided drop-down box. Enter the quantity of Ripple (XRP) you'd like to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address. When you're glad, click on “Submit”. You may be requested for verfication via phone/email ahead of a take off.