A Step-by-Step-Guide on how to buy Ripple (XRP) in Sierra Leone
Step 1 – Join Kraken You'll first need to purchase units of the major currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below for registration and getting your welcome BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Ripple (XRP) is accessible on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Follow this how-to) Make sure you've chosen the right coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).
Step 3 – Find (XRP) Ripple Once your deposit has been affirmed, you will now have access to your finances and you can begin invest and trading. To invest in Ripple (XRP) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”. In order to locate Ripple (XRP), you will need to put the shortname of the coin (XRP) into the search-box, which is marked in the graphic. Be certain of having choosen the right pairing, we've marked this too. Click on “XRP/BTC” to advance.
Step 4 – Acquisition of (XRP) Ripple As soon as you have discovered Ripple (XRP), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). And now we're creating our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent price Ripple (XRP) was sold for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of XRP you want to buy. The field with the “Total” tag is the total price in BTC that you'll settle for the whole quantity of XRP. When you're satisfied, make a mouse click on “Buy XRP”. Your plan will be filled as soon as a Seller sells their XRP for the price you gave.
Step 5 – Withdraw Ripple (XRP) Unless you are frequently trading, never keep your crypto on an Cryptocurrency Exchange for an extensive period of time. To take off your (XRP) Ripple, go to the tab called “Funds” and click on “Withdraw”. (XRP) Ripple can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Ripple (XRP) by using the given drop-down box. Enter the volumen of Ripple (XRP) you would wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your precise withdraw address. If you are satisfied, click on “Submit”. You may be requested for email/phone verification before a withdrawal.