A Step-by-Step-Guide on how to buy Ripple (XRP) in Papua New Guinea
Step 1 – Join CEX.io You will first need to buy units of the bigger currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below for registration and getting your welcome Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your Ethereum or Bitcoin to an Exchange Your Bitcoin or Ethereum has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Ripple (XRP) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow these easy steps) Make sure you've chosen the right coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).
Step 3 – Find Ripple (XRP) Once your deposit has been approved, you will immediately have access to your finances and you can begin buying and trading. To purchase Ripple (XRP) on Binance, you will want to hover over the tab which is called “Exchange” and mouse click on “Basic”. In order to discover (XRP) Ripple, you'll need to insert the shortname of the coin (XRP) into the search box, which is marked in the image. Make sure you have choosen the proper pairing, we've marked this also. Click on “XRP/BTC” to go on.
Step 4 – Acquisition of (XRP) Ripple After you've found (XRP) Ripple, you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're going to make our Limit Order. The field with the “Price” tag will be filled automatically with the up-to-date tariff Ripple (XRP) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the amount of XRP you want to purchase. The field with the “Total” tag is the whole price in BTC that you'll pay for the complete quantity of XRP. When you are satisfied, make a mouse click on “Buy XRP”. Your plan will be filled when a Seller sells their XRP for the price you introduced.
Step 5 – Withdraw Ripple (XRP) Unless you're regularly trading, best advise is not to keep your crypto on an Exchange for an longer time period. In order to take off your (XRP) Ripple, hover over the tab called “Funds” and mouse click on “Withdraw”. Ripple (XRP) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XRP) Ripple by using the provided drop-down box. Drop in the quantity of (XRP) Ripple you'd like to take off. Take into account the shown minimus/fees. Also make sure you have filled your right withdraw address. If you're glad, click “Submit”. You may be requested for phone/email verification before a withdrawal.