A Step-by-Step-Guide on how to buy Ripple (XRP) in Russia
Step 1 – Join Coinbase and recieve 10$ for free In the beginning you'll need to buy one of the bigger coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below to register and receive your welcome 10$.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto 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. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this manual) Make sure you've selected the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Locate Ripple (XRP) As soon as your deposit has been approved, you will now have access to your funds and you can commence buying and trading. To invest in Ripple (XRP) on Binance, you'll want to hover over the “Exchange” tab and after that click on “Basic”. To find Ripple (XRP), you will need to put the cointype (XRP) into the search box, which is highlighted in the picture. Be certain of having selected the right grouping, we've highlighted this too. Click on “XRP/BTC” to progress.
Step 4 – Purchasing Ripple (XRP) Once you've spotted Ripple (XRP), you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we're going to make our own Limit Order. The field with the “Price” tag will be filled with the recent price Ripple (XRP) was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of XRP you want to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the complete volumen of XRP. If you are happy, click on “Buy XRP”. Your plan will be filled when a Vendor trades their XRP for the price you offered.
Step 5 – Withdraw Ripple (XRP) Unless you are trading, never keep your crypto coins on an Crypto Trader for an extensive period of time. In order to withdraw your Ripple (XRP), go to the tab called “Funds” and mouse click on “Withdraw”. (XRP) Ripple can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Ripple (XRP) by using the provided drop-down box. Put into the quantity of Ripple (XRP) you would wish to withdraw. Don't forget the displayed fees/minimums. Also make sure you have filled your right withdraw address. When you're glad, click on “Submit”. You may be asked for verfication via phone/email before a withdrawal.