A Step-by-Step-Guide on how to buy Ripple (XRP) in Timor-Leste
Step 1 – Signup to Coinbase and recieve 10$ for free You will first need to buy one of the major coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below for registration and to get your first $10.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Ripple (XRP) is available on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual) Make sure you have chosen the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so forth. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Locate Ripple (XRP) As soon as your deposit has been confirmed, you will instantly have access to your funds and you can launch invest and trading. To invest in (XRP) Ripple on Binance, you will want to hover over the “Exchange” tab and after that mouse click on “Basic”. In order to locate (XRP) Ripple, you'll need to insert the short name of the asset (XRP) into the search-box, which is marked in the picture. Make sure you have choosen the correct pairing, we have marked this too. Click on “XRP/BTC” to go ahead.
Step 4 – Purchase Ripple (XRP) After you have located (XRP) Ripple, you'll be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we are going to make our own Limit Order. The field with the “Price” tag will be filled with the most latest valuation (XRP) Ripple was sold for. You can change this to your desired rate. The “Amount” field is the volumen of XRP you like to purchase. The “Total” field is the aggregated price in BTC that you'll pay for the whole quantity of XRP. When you are satisfied, click on “Buy XRP”. Your plan will be filled as soon as a Seller sells their XRP for the price you offered.
Step 5 – Withdraw (XRP) Ripple Unless you are regularly trading, you should never keepyour coins on an Exchange for an extended time frame. In order to withdraw your Ripple (XRP), hover over the tab called “Funds” and click on “Withdraw”. (XRP) Ripple can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XRP) Ripple by using the provided drop-down box. Enter the amount of Ripple (XRP) you'd wish to take off. Don't forget the shown fees/minimums. Also make sure you have filled your correct withdraw address. If you're happy, click on “Submit”. You may be requested for phone/email verification before a take off.