A Step-by-Step-Guide on how to buy Ripple (XRP) in Namibia
Step 1 – Signup to Kraken You will first need to purchase one of the major currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Click below for registration and getting your welcome BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Ripple (XRP) is available on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this guide) Make sure you have selected the exact coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you're using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 – Locate (XRP) Ripple Once your deposit has been verified, you'll immediately have access to your funds and you can launch invest and trading. To purchase (XRP) Ripple on Binance, you will want to go to the tab which is called “Exchange” and click on “Basic”. To spot (XRP) Ripple, you will need to insert the cointype (XRP) into the search-box, which is marked in the picture. Make sure you have choosen the correct pairing, we've highlighted this too. Click on “XRP/BTC” to go ahead.
Step 4 – Buy (XRP) Ripple Once you've located Ripple (XRP), you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). And now we're going to create our Limit Order. The field with the “Price” tag will be filled with the most up-to-date tariff Ripple (XRP) was sold for. This can be changed to your desired rate. The “Amount” field is the volumen of XRP you want to buy. The “Total” field is the total price in Bitcoin that you'll settle for the whole amount of XRP. When you are happy, click on “Buy XRP”. Your plan will be filled as soon as a Seller sells their XRP for the price you submitted.
Step 5 – Withdraw (XRP) Ripple Unless you're trading, never keep your coins on an Crypto Exchange for an longer time period. In order to withdraw your Ripple (XRP), go to the tab called “Funds” and click on “Withdraw”. (XRP) Ripple can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Ripple (XRP) by using the provided drop-down box. Put into the quantity of Ripple (XRP) you'd wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address. If you're happy, make a mouse click on “Submit”. You may be requested for verfication via phone/email ahead of a withdrawal.