A Step-by-Step-Guide on how to buy Ripple (XRP) in Jamaica
Step 1 – Join Coinbase – Get Free $10 In the beginning you'll need to buy units of the major coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below to register and receive your welcome 10$.
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Ripple (XRP) is available on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps) Make sure you've chosen the exact coin you want to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Locate Ripple (XRP) Once your deposit has been approved, you will immediately have access to your assets and you can begin purchasing and trading. To purchase (XRP) Ripple on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. In order to find Ripple (XRP), you'll need to put the cointype (XRP) into the search box, which is highlighted in the graphic. Be certain of having choosen the correct grouping, we have highlighted this also. Click on “XRP/BTC” to go ahead.
Step 4 – Purchase (XRP) Ripple Once you've located Ripple (XRP), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the image). Next we are going to make our Limit Order. The “Price” field will be filled automatically with the most up-to-date tariff Ripple (XRP) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the volumen of XRP you want to buy. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the whole volumen of XRP. If you're happy, 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, best advise is not to keep crypto on an Crypto Exchange for an extensive time frame. In order to take off your (XRP) Ripple, hover over the tab called “Funds” and mouse click on “Withdraw”. Ripple (XRP) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Ripple (XRP) by using the provided drop-down box. Enter the quantity of Ripple (XRP) you would wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address. If you are satisfied, click “Submit”. You could be asked for verfication via email/phone before a take off.