How to Buy Ripple (XRP) in Uganda

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

Step 1 – Signup to Kraken

In the beginning you'll need to buy one of the bigger currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below for registration and receive your first Ethereum (ETH) or Bitcoin (BTC).

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

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

Make sure you have selected the precise coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our manual).

Step 3 – Find Ripple (XRP)

Once your deposit has been confirmed, you will directly have access to your finances and you can commence purchasing and trading. To buy Ripple (XRP) on Binance, you will want to hover over the “Exchange” tab and mouse click on “Basic”.

In order to discover (XRP) Ripple, you'll need to insert the short name of the asset (XRP) into the search-box, which is highlighted in the graphic. Make sure you have selected the correct pairing, we have marked this also. Click on “XRP/BTC” to proceed.

Step 4 – Acquisition of Ripple (XRP)

Once you've discovered Ripple (XRP), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). Next we are making our Limit Order.

The “Price” field will be filled automatically with the most up-to-date rate Ripple (XRP) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the quantity of XRP you want to buy. The “Total” field is the whole price in Bitcoin that you will settle for the whole volumen of XRP.

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

Step 5 – Withdraw (XRP) Ripple

Unless you are regularly trading, best advise is not to keep coins on an Cryptocurrency Exchange for an extended time period. To take off your Ripple (XRP), hover over the “Funds” tab and mouse click on “Withdraw”. (XRP) Ripple can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Ripple (XRP) by using the given drop-down box. Put into the volumen of Ripple (XRP) you would wish to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your correct withdraw address.

When you're happy, click on “Submit”. You could be asked for verfication via email/phone ahead of a withdrawal.

Kudos! You have successfully bought and stored Ripple (XRP) in Uganda.

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). Once you have proved your take off using Ethplorer.io or Etherscan.io and the (XRP) Ripple is stored within your wallet, you are finished.
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