A Step-by-Step-Guide on how to buy Ripple (XRP) in Iraq
Step 1 – Join CEX.io You'll first need to purchase units of the bigger coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below for registration and to get your first BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Ripple (XRP) is accessible on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this guide) Make sure you have selected the exact coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you're working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).
Step 3 – Find Ripple (XRP) Once your deposit has been affirmed, you will now have access to your assets and you can begin invest and trading. To buy Ripple (XRP) on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. In order to find (XRP) Ripple, you will need to insert the shortname of the coin (XRP) into the search-box, which is marked in the picture. Make sure you have choosen the right pairing, we've highlighted this too. Click on “XRP/BTC” to proceed.
Step 4 – Buying Ripple (XRP) Once you've spotted (XRP) Ripple, you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). Next we are making our own Limit Order. The “Price” field will be filled with the most up-to-date rate Ripple (XRP) was sold for. You can change this to your desired price. The “Amount” field is the volumen of XRP you like to purchase. The “Total” field is the aggregated price in Bitcoin that you will settle for the complete volumen of XRP. When you are satisfied, make a mouse click on “Buy XRP”. Your order will be filled when a Vendor trades their XRP for the price you introduced.
Step 5 – Withdraw Ripple (XRP) Unless you are frequently trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an extensive period of time. To take off your (XRP) Ripple, go to the “Funds” tab and click on “Withdraw”. Ripple (XRP) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (XRP) Ripple by using the given drop-down box. Drop in the volumen of (XRP) Ripple you'd wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your right withdraw address. If you are glad, click on “Submit”. You may be asked for verfication via phone/email before a take off.