A Step-by-Step-Guide on how to buy Ripple (XRP) in Dominican Republic
Step 1 – Signup to Coinbase – Get Free $10 You will first need to purchase one of the major coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below to register and to get your welcome 10 Dollar.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Ripple (XRP) is obtainable on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual) Make sure you have chosen the right coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, et cetera. In the case you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Find (XRP) Ripple As soon as your deposit has been affirmed, you will now have access to your funds and you can start buying and trading. To buy (XRP) Ripple on Binance, you'll want to go to the “Exchange” tab and then mouse click on “Basic”. In order to find Ripple (XRP), 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've highlighted this also. Click on “XRP/BTC” to proceed.
Step 4 – Buying (XRP) Ripple As soon as you've located Ripple (XRP), you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). Next we're creating our own Limit Order. The field with the “Price” tag will be filled with the most up-to-date tariff Ripple (XRP) was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the quantity of XRP you wish to purchase. The “Total” field is the whole price in Bitcoin that you'll pay for the complete amount of XRP. If you are glad, click on “Buy XRP”. Your order will be filled as soon as a Vendor trades their XRP for the price you introduced.
Step 5 – Withdraw Ripple (XRP) Unless you are trading, best advise is not to keep your coins on an Crypto Trader for an extensive period of time. To take off your (XRP) Ripple, hover over the tab called “Funds” 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. Enter the volumen of Ripple (XRP) you would like to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your precise withdraw address. If you are satisfied, click on “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.