How to Buy Ripple (XRP) in Lithuania

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

Step 1 – Join Kraken

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

Step 2 – Transfer Your Bitcoin or Ethereum to an Exchange

Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Ripple (XRP) is accessible on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide)

Make sure you've chosen the precise coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).

Step 3 – Find Ripple (XRP)

As soon as your deposit has been confirmed, you will instantly have access to your assets and you can initiate purchasing and trading. To buy Ripple (XRP) on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

To find (XRP) Ripple, you'll need to insert the short name of the asset (XRP) into the search-box, which is marked in the image. Be certain of having choosen the correct grouping, we've marked this also. Click on “XRP/BTC” to advance.

Step 4 – Acquisition of (XRP) Ripple

After you've discovered (XRP) Ripple, you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). Next we're creating our Limit Order.

The “Price” field will be filled with the most latest rate (XRP) Ripple was sold for. You can change this to your preferred price. The field with the “Amount” tag is the amount of XRP you like to purchase. The “Total” field is the whole price in Bitcoin that you will settle for the complete amount of XRP.

When you are satisfied, click on “Buy XRP”. Your order will be filled when a Seller sells their XRP for the price you introduced.

Step 5 – Withdraw Ripple (XRP)

Unless you are regularly trading, best advise is not to keep crypto on an Crypto Trader for an extended period of time. In order to take off your Ripple (XRP), go to the “Funds” tab and mouse click on “Withdraw”. (XRP) Ripple can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (XRP) Ripple by using the provided drop-down box. Enter the quantity of Ripple (XRP) you'd like to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your right withdraw address.

If you're satisfied, make a mouse click on “Submit”. You may be asked for phone/email verification ahead of a withdrawal.

Congrats! You have successfully bought and stored Ripple (XRP) in Lithuania.

That's it!

Withdrawals from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on network usage). As soon as you've confirmed your withdrawal with Etherscan.io or Ethplorer.io and the Ripple (XRP) is safe in your wallet, you're all done.