How to Buy Ripple (XRP) in Malawi

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

Step 1 – Signup to CEX.io

You'll first need to purchase one of the top-tier coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click the button below to register and to get your welcome BTC (Bitcoin) or ETH (Ethereum).

Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Ripple (XRP) is accessible on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow these easy steps)

Make sure you have selected the precise coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. If you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).

Step 3 – Locate (XRP) Ripple

Once your deposit has been approved, you will now have access to your finances and you can launch purchasing and trading. To purchase (XRP) Ripple on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”.

In order to find (XRP) Ripple, you will need to put the short name of the asset (XRP) into the search-box, which is highlighted in the image. Make sure you have selected the proper pairing, we have highlighted this also. Click on “XRP/BTC” to proceed.

Step 4 – Acquisition of (XRP) Ripple

After you have found 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 picture). For now we're going to make our Limit Order.

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

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

Step 5 – Withdraw (XRP) Ripple

Unless you're regularly trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an extended period of time. To withdraw your Ripple (XRP), hover over the tab called “Funds” and mouse click on “Withdraw”. (XRP) Ripple can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find (XRP) Ripple by using the provided drop-down box. Enter the amount of Ripple (XRP) you would like to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address.

When you're happy, click “Submit”. You could be asked for email/phone verification before a withdrawal.

Congratulations! You've successfully bought and safed (XRP) Ripple in Malawi.

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). Once you've confirmed your take off using Ethplorer.io or Etherscan.io and the (XRP) Ripple is safe within your wallet, you're all done.