How to Buy Ripple (XRP) in Slovakia

A Step-by-Step-Guide on how to buy Ripple (XRP) in Slovakia

Step 1 – Signup to Coinbase and get 10$ for free

You will first need to purchase units of the major coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Follow the Link below for registration and to get your welcome 10$.

Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Ripple (XRP) is available on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Just follow this how-to)

Make sure you have chosen the right coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you're using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our guide).

Step 3 – Find Ripple (XRP)

Once your deposit has been affirmed, you will now have access to your assets and you can launch invest and trading. To purchase Ripple (XRP) on Binance, you will want to hover over the “Exchange” tab and click on “Basic”.

To spot (XRP) Ripple, you'll need to insert the shortname of the coin (XRP) into the search box, which is highlighted in the graphic. Make sure you have choosen the proper pairing, we have highlighted this also. Click on “XRP/BTC” to proceed.

Step 4 – Purchasing Ripple (XRP)

Once you've located (XRP) Ripple, you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). And now we're going to create our own Limit Order.

The “Price” field will be filled automatically with the most up-to-date tariff Ripple (XRP) was traded for. You can change this to your favoured price. The field with the “Amount” tag is the volumen of XRP you want to purchase. The “Total” field is the whole price in Bitcoin that you'll pay for the complete quantity of XRP.

If you're satisfied, click on “Buy XRP”. Your order will be filled when a Vendor trades their XRP for the price you submitted.

Step 5 – Withdraw Ripple (XRP)

Unless you're frequently trading, best advise is not to keep crypto coins on an Crypto Exchange for an extended time period. In order to take off your (XRP) Ripple, go to the “Funds” tab and mouse click on “Withdraw”. (XRP) Ripple can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Ripple (XRP) by using the given drop-down box. Drop in the quantity of Ripple (XRP) you would wish to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address.

If you are happy, click on “Submit”. You could be requested for verfication via email/phone ahead of a take off.

Congrats! You have successfully bought and safed Ripple (XRP) in Slovakia.

That's it!

Take offs from Exchange can take between 1 – 30 minutes (depending on network usage). Once you've confirmed your take off with Ethplorer.io or Etherscan.io and the (XRP) Ripple is stored inside your wallet, you're finished.