A Step-by-Step-Guide on how to buy Ripple (XRP) in Singapore
Step 1 – Signup to Coinbase – Get Free $10 You'll first need to buy one of the bigger currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below to register and to get your welcome $10.
Step 2 – Transfer Your Ethereum or Bitcoin to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Ripple (XRP) is accessible on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this guide) Make sure you've selected the right coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. If you're using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Locate Ripple (XRP) As soon as your deposit has been approved, you'll directly have access to your finances and you can begin invest and trading. To buy Ripple (XRP) on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”. In order to find Ripple (XRP), you will need to insert the short name of the asset (XRP) into the search-box, which is highlighted in the picture. Make sure you have choosen the right grouping, we've highlighted this too. Click on “XRP/BTC” to continue.
Step 4 – Purchase (XRP) Ripple Once you have located (XRP) Ripple, you'll be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). For now we're going to create our own Limit Order. The “Price” field will be filled with the most latest valuation (XRP) Ripple was sold for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of XRP you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the complete volumen of XRP. If you're glad, make a mouse click on “Buy XRP”. Your order will be filled as soon as a Seller sells their XRP for the price you submitted.
Step 5 – Withdraw (XRP) Ripple Unless you are trading, you should never keepyour coins on an Crypto Trader for an extensive period of time. In order to take off your Ripple (XRP), hover over the tab called “Funds” and mouse click on “Withdraw”. (XRP) Ripple can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (XRP) Ripple by using the provided drop-down box. Drop in the quantity of Ripple (XRP) you would like to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your right withdraw address. If you are satisfied, click on “Submit”. You could be asked for email/phone verification ahead of a take off.