HOW TO BUY RIPPLE?Ripple is a cryptocurrency which is very popular and had a grow of 1000%+ in the last few months. In this period of time the interest in buying Ripple grown also with 1000%+.
Buying Ripple can be quite hard sometimes, that is why I decided to introduce myself with this guide on how to buy Ripple.
Starting ofWe will start this guide by making an account on Binance, this is the exchange platform where we will exchange Bitcoin to Ripple. Binance is one of the biggest exchanges and supports a lot of different digital currencies.
To start the register process you can
click here(affiliate) or
here(non affiliate)
Once you clicked the link, you should go to the homepage of Binance, click in the top left corner on 'Register' it should look have 4 fields, one for you're email, two for your password and one for a partner ID, use the code '13191127' to be my referral, it doesn't cost anything, only gives me 20% of the transaction fees
Make sure to agree with their terms of use before clicking 'Register'
If you completed these steps, you should receive a confirmation email from Binance to activate your account. In this email, their will be a button 'Verify email' click on this button to complete the steps of making a Binance account.
Step 2Make a Coinbase account.
To make an account you can
click here(affiliate, receive €10 worth of free bitcoin) or
here(nonaffiliate). You will see a form where you need to fill in your personal details, like you're name and email, fill in these fields. The next field is for your password, make sure to choose a very strong password. The last step, agree to their terms.
Once again, you will be asked to verify your email by clicking a link in the email you just got.
Next step is adding you're phone number to the account, make sure you type it correctly. This number will be used for extra verification in big transactions and basically is another level of security.
Buying bitcoinClick on the Buy/Sell tab in the dashboard of Coinbase and enter your payment details. Verify yourself whenever you are asked. After adding a payment method and verifying yourself, you'll see a choice between BTC, ETH, and LTC, choose Bitcoin (BTC). Then select you're preferred payment method and enter the amount you want to buy.
After paying the coins will be deposited into you're wallet, this may take some time.
Step 3Sending the Bitcoin to Binance and exchanging it.
To send the Bitcoin you just bought to you're Binance wallet you'll need to go to the tab 'Accounts' in Coinbase and click 'Send'. Now you will be asked to add a Bitcoin address, this can be found in Binance by going to 'Funds > Withdrawal Deposits', looking up Bitcoin and clicking 'Deposit'. You should see a long series of numbers and letters, this is your wallet address. Copy this and paste it into Coinbase. Click send and the Bitcoin is on their way to your wallet.
Once the Bitcoin is received (this may take a while) it is time to exchange them into Ripple. This can be done by clicking on 'Exchange > Basic' and looking up 'XRP' in the search field, the search field can be found at the right side of your screen. You should see two options now; 'Buy XRP' and 'Sell XRP', use the 'Buy XRP' fields.
The first field is used for saying how much Bitcoin you are willing to pay per XRP coin. Set this to the last price, which can be found on the top left of the screen. The next field is used for saying how much XRP coins you want to buy, once you click on it you'll see the max amount of coins you can buy with your current price and Balance, you can also make use of the 25/50/75/100% buttons.
If you filled everything in, double check it and click on the green button to make it official. Before you will get the XRP coins, your offer has to be accepted by another seller. If you filled in the last price, this will happen fairly quick.
Congrats!You've just bought Ripple!
I hope this guide helped you.
Please don't see this as any kind of financial advice. Remember: Cryptocurrencies are highly volatile and there is a great risk of you losing a lot of, if not all, of your money.
Need help buying another currency? Let me know and maybe I will make a guide for you next!
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