How to Buy Ripple (XRP) in Nicaragua

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

Step 1 – Signup to Kraken

You'll first need to purchase units of the bigger coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below for registration and receive your first ETH (Ethereum) or BTC (Bitcoin).

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

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Ripple (XRP) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this manual)

Make sure you've selected the exact coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, et cetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow these easy steps).

Step 3 – Locate Ripple (XRP)

As soon as your deposit has been approved, you will directly have access to your assets and you can commence buying and trading. To buy (XRP) Ripple on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”.

To spot (XRP) Ripple, you'll need to insert the shortname of the coin (XRP) into the search-box, which is highlighted in the image. Make sure you have choosen the right grouping, we have highlighted this too. Click on “XRP/BTC” to go on.

Step 4 – Buy Ripple (XRP)

As soon as you've located (XRP) Ripple, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're making our Limit Order.

The “Price” field will be filled with the most recent valuation Ripple (XRP) was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the quantity of XRP you wish to purchase. The field with the “Total” tag is the total price in BTC that you'll settle for the complete quantity of XRP.

If you're satisfied, make a mouse click on “Buy XRP”. Your order will be filled when a Vendor sells their XRP for the price you submitted.

Step 5 – Withdraw (XRP) Ripple

Unless you're trading, you should never keepyour coins on an Cryptocurrency Exchange for an extensive time frame. In order to take off your (XRP) Ripple, go to the “Funds” tab and mouse click on “Withdraw”. (XRP) Ripple can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Ripple (XRP) by using the given drop-down box. Put into the quantity of (XRP) Ripple you would like to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address.

If you are glad, click “Submit”. You could be requested for verfication via phone/email before a take off.

Congratulations! You have successfully bought and stored (XRP) Ripple in Nicaragua.

That's it!

Take offs from Crypto Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you have confirmed your take off using Ethplorer.io or Etherscan.io and the (XRP) Ripple is stored in your wallet, you're done.