A Step-by-Step-Guide on how to buy Ripple (XRP) in Norfolk Island
Step 1 – Signup to CEX.io You will first need to buy units of the major currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below for registration and getting your first Bitcoin or Ethereum.
Step 2 – Send Your Ethereum or Bitcoin to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. 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 these easy steps) Make sure you've chosen the right coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you are working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).
Step 3 – Locate (XRP) Ripple Once your deposit has been affirmed, you'll instantly have access to your finances and you can start invest and trading. To purchase Ripple (XRP) on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”. In order to locate (XRP) Ripple, you'll need to put the cointype (XRP) into the search-box, which is marked in the picture. Make sure you have selected the correct grouping, we've marked this also. Click on “XRP/BTC” to continue.
Step 4 – Purchase (XRP) Ripple Once you have spotted Ripple (XRP), you will be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). For now we're creating our Limit Order. The field with the “Price” tag will be filled with the up-to-date price Ripple (XRP) was sold for. This can be changed to your favoured price. The “Amount” field is the volumen of XRP you want to buy. The “Total” field is the aggregated price in Bitcoin that you will pay for the complete amount of XRP. If you are happy, make a mouse 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 Ripple (XRP) Unless you are trading, best advise is not to keep crypto on an Crypto Exchange for an extended time frame. In order to take off your (XRP) Ripple, hover over the tab called “Funds” and click on “Withdraw”. Ripple (XRP) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XRP) Ripple by using the given drop-down box. Put into the quantity of Ripple (XRP) you would like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have entered your right withdraw address. If you are satisfied, click “Submit”. You may be requested for verfication via phone/email ahead of a withdrawal.