I am willing to give out starter loans of XRP so people can start using the system. Once you get the XRP you can access the trust and trade functions, so you can deposit BTC to your account using a gateway and purchase XRP, which you would send back to me.
I believe people need 350 XRP to start, correct me if I am wrong?
If anybody wants to give me tips my Ripple address is listed below. If you want to add to the XRP starter loan fund, that is where you could send XRP as well.
rHA7cXDZfeZqGNbihPnHhvwyEL8Rw4dRbJ
Hi. I got a little problem and need your help. I got 101 XRP in my ripple account and 3.6 BTC in Bitstamp.
Question: How do I buy XRP with all of my BTC and store them in my ripple account?
Thanks.
I don't know if you have enough XRP for reserve, but you need to trust bitstamp for 3.6 BTC as this is the amount of bitstamp BTC IOUs that you need to import.
Add Bitstamp (their ripple deposit address) to contacts. Then...
Advanced >> Trust >> "+" button. And add info (Bitstamp, 3.6 BTC)
Then in Bitstamp (if you had enough XRP reserve to trust bitstamp) ...
Withdrawal >> Ripple >> fill out form with your ripple address and amount and send.
Back in ripple...
Advanced >> Trade >> Select BTC/XRP from the box, then "change issuer" for BTC to bitstamp and trade
Also, when you add bitstamp to contacts in ripple, the bitstamp deposit address will look like rvYxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx?dt=5xxxx. The "?dt=" signifies a destination tag (an internal routing number for bitstamp). rvYxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx goes in the address box and the stuff after "?dt=" (5xxxx) goes in the destination tag box.
