How to Buy Ripple (XRP) in Liberia

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

Step 1 – Join CEX.io

You'll first need to purchase one of the major coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below for registration and receive your first Bitcoin (BTC) or Ethereum (ETH).

Step 2 – Transfer Your Ethereum or Bitcoin to an Exchange

Your Ethereum or Bitcoin has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Ripple (XRP) is obtainable on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Just follow this guide)

Make sure you've selected the exact coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow these easy steps).

Step 3 – Find Ripple (XRP)

As soon as your deposit has been verified, you will directly have access to your assets and you can initiate invest and trading. To buy Ripple (XRP) on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”.

In order to spot Ripple (XRP), you'll need to insert the shortname of the coin (XRP) into the search-box, which is highlighted in the image. Be certain of having choosen the right grouping, we have highlighted this also. Click on “XRP/BTC” to proceed.

Step 4 – Purchase (XRP) Ripple

As soon as you have spotted Ripple (XRP), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the image). Next we're going to make our own Limit Order.

The “Price” field will be filled automatically with the most recent valuation (XRP) Ripple was traded for. You can change this to your preferred price. The field with the “Amount” tag is the amount of XRP you want to purchase. The “Total” field is the total price in BTC that you'll settle for the whole quantity of XRP.

When you are glad, click on “Buy XRP”. Your plan will be filled as soon as a Vender sells their XRP for the price you offered.

Step 5 – Withdraw (XRP) Ripple

Unless you are frequently trading, best advise is not to keep your crypto coins on an Crypto Exchange for an longer period of time. In order to withdraw your (XRP) Ripple, hover over the tab called “Funds” and click on “Withdraw”. Ripple (XRP) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find (XRP) Ripple by using the provided drop-down box. Enter the amount of (XRP) Ripple you would wish to take off. Take into account the shown fees/minimums. Also make sure you have filled your correct withdraw address.

If you're glad, click on “Submit”. You may be requested for email/phone verification before a withdrawal.

Congrats! You've successfully bought and safed Ripple (XRP) in Liberia.

That's it!

Take offs from Exchange can durate between 1 – 30 minutes (rely on usage of the network). As soon as you've proved your take off using Etherscan.io or Ethplorer.io and the Ripple (XRP) is safe within your wallet, you're all done.