How to Buy Ripple (XRP) in Maldives

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

Step 1 – Signup to Kraken

You'll first need to buy units of the bigger currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below to register and to get your welcome Ethereum (ETH) or Bitcoin (BTC).

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

Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Ripple (XRP) is available on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this guide)

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

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etc. If you are using a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).

Step 3 – Find Ripple (XRP)

Once your deposit has been confirmed, you will directly have access to your finances and you can begin buying and trading. To buy Ripple (XRP) on Binance, you will want to hover over the tab which is called “Exchange” and mouse click on “Basic”.

In order to spot Ripple (XRP), you'll need to put the shortname of the coin (XRP) into the search-box, which is highlighted in the picture. Make sure you have selected the correct pairing, we've marked this too. Click on “XRP/BTC” to go on.

Step 4 – Purchasing (XRP) Ripple

As soon as you have located Ripple (XRP), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are making our own Limit Order.

The field with the “Price” tag will be filled with the up-to-date rate Ripple (XRP) was traded for. This can be changed to your favoured price. The “Amount” field is the quantity of XRP you like to purchase. The “Total” field is the aggregated price in Bitcoin that you will settle for the complete volumen of XRP.

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

Step 5 – Withdraw (XRP) Ripple

Unless you are trading, you should never keepyour crypto on an Crypto Trader for an extensive period of time. In order to take off your Ripple (XRP), hover over the “Funds” tab and click on “Withdraw”. Ripple (XRP) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

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

If you are glad, click “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.

Kudos! You've successfully bought and safed Ripple (XRP) in Maldives.

That's it!

Take offs from Crypto Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you have confirmed your take off using Ethplorer.io or Etherscan.io and the Ripple (XRP) is safe inside your wallet, you're finished.