A Step-by-Step-Guide on how to buy Ripple (XRP) in Netherlands
Step 1 – Signup to Kraken In the beginning you'll need to purchase one of the major coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below to register and to get your welcome Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Ripple (XRP) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this how-to) Make sure you have chosen the right coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Locate (XRP) Ripple Once your deposit has been confirmed, you will instantly have access to your funds and you can launch buying and trading. To invest in (XRP) Ripple on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. To spot (XRP) Ripple, you'll need to put the shortname of the coin (XRP) into the search box, which is highlighted in the graphic. Make sure you have choosen the proper grouping, we have marked this also. Click on “XRP/BTC” to go ahead.
Step 4 – Buying Ripple (XRP) Once you've spotted Ripple (XRP), you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). And now we're going to create our own Limit Order. The field with the “Price” tag will be automatically filled with the up-to-date tariff (XRP) Ripple was traded for. You can change this to your favoured price. The field with the “Amount” tag is the volumen of XRP you want to purchase. The field with the “Total” tag is the total price in Bitcoin that you will settle for the complete volumen of XRP. When you are satisfied, click on “Buy XRP”. Your order will be filled as soon as a Vender trades their XRP for the price you submitted.
Step 5 – Withdraw Ripple (XRP) Unless you are trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an extended period of time. To take off your Ripple (XRP), hover over the tab called “Funds” and click on “Withdraw”. (XRP) Ripple can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (XRP) Ripple by using the given drop-down box. Put into the volumen of Ripple (XRP) you would like to take off. Take into account the shown minimus/fees. Also make sure you have filled your right withdraw address. When you're satisfied, click “Submit”. You may be requested for phone/email verification ahead of a take off.