A Step-by-Step-Guide on how to buy Ripple (XRP) in Jamaica
Step 1 – Signup to CEX.io In the beginning you'll need to purchase units of the major coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below for registration and getting your welcome Bitcoin or Ethereum.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your Ethereum or Bitcoin 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 will use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow these easy steps) Make sure you have chosen the correct coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Locate Ripple (XRP) As soon as your deposit has been confirmed, you'll immediately have access to your funds and you can begin purchasing and trading. To buy (XRP) Ripple on Binance, you'll want to hover over the “Exchange” tab and mouse click on “Basic”. To discover (XRP) Ripple, you will need to insert the shortname of the coin (XRP) into the search-box, which is highlighted in the image. Be certain of having selected the right pairing, we have marked this also. Click on “XRP/BTC” to progress.
Step 4 – Acquisition of Ripple (XRP) Once you've found Ripple (XRP), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). For now we're creating our Limit Order. The “Price” field will be filled with the recent rate (XRP) Ripple was traded for. This can be changed to your favoured price. The “Amount” field is the amount of XRP you wish to purchase. The “Total” field is the whole price in BTC that you will settle for the complete amount of XRP. If you are happy, make a mouse click on “Buy XRP”. Your plan will be filled when a Seller trades their XRP for the price you offered.
Step 5 – Withdraw Ripple (XRP) Unless you're trading, you should never keepyour crypto coins on an Crypto Trader for an extensive time period. In order to withdraw your (XRP) Ripple, hover over the tab called “Funds” and mouse click on “Withdraw”. Ripple (XRP) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (XRP) Ripple by using the given drop-down box. Enter the amount of (XRP) Ripple you would wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your precise withdraw address. When you are happy, make a mouse click on “Submit”. You may be asked for phone/email verification before a withdrawal.