How to Buy Ripple (XRP) in Azerbaijan

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

Step 1 – Signup to Coinbase – Get Free $10

You'll first need to buy units of the bigger currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for Altcoins. Click below to register and getting your first 10 Dollar.

Coinbase Promo Signup
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Trader

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Ripple (XRP) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow these easy steps)

Make sure you have selected the exact coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so on. If you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).

Binance Signup

Step 3 – Find Ripple (XRP)

Once your deposit has been confirmed, you will now have access to your assets and you can launch buying and trading. To invest in (XRP) Ripple on Binance, you'll want to go to the tab which is called “Exchange” and click on “Basic”.

To discover (XRP) Ripple, you'll need to put the short name of the asset (XRP) into the search-box, which is marked in the image. Make sure you have selected the correct grouping, we've marked this too. Click on “XRP/BTC” to proceed.

Step 4 – Buy Ripple (XRP)

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

The “Price” field will be filled with the most up-to-date valuation (XRP) Ripple was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the volumen of XRP you wish to buy. The “Total” field is the total price in Bitcoin that you'll pay for the whole amount of XRP.

When you're glad, click on “Buy XRP”. Your plan will be filled as soon as a Vender sells their XRP for the price you gave.

Step 5 – Withdraw (XRP) Ripple

Unless you're regularly trading, never keep your crypto coins on an Crypto Trader for an extensive time frame. To take off your (XRP) Ripple, hover over the “Funds” tab and mouse click on “Withdraw”. (XRP) Ripple can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Ripple (XRP) by using the provided drop-down box. Put into the volumen of Ripple (XRP) you would like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your right withdraw address.

When you are glad, make a mouse click on “Submit”. You may be asked for verfication via phone/email before a withdrawal.

Congrats! You have successfully bought and stored Ripple (XRP) in Azerbaijan.

That's it!

Withdrawals from Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). Once you have proved your take off using Etherscan.io or Ethplorer.io and the Ripple (XRP) is safe inside your wallet, you're done.