How To Buy Ripple (XRP) Or Any Other Crypto Coin with USD

In this article I will be showing you some quick steps on how to buy XRP (Ripple) or any other coin of your choice as this method works for all of them. One of the most popular places to buy crypto currencies is at Coinbase.com but at the moment of writing this article they only support BTC,LTC and ETH. You can buy BTC on Coinbase then transfer the BTC to another exchange such as Binance or Bittrex in which then you can use the transferred BTC to buy ripple.

If this sounds overwhelming to you then you can instead sign up for BitStamp.net which is an exchange that allows you to buy Ripple with USD by using your Credit/Debit card. Keep in mind that there is a 5% fee and if you use a credit card instead of a debit card then it will show up as cash advanced on your credit card.

Other places where you can buy Ripple straight with a bank account are Kraken and Gatehub. Almost all sites require verification and that could take a couple of days so make sure you sign up for them in advanced.

The most common method: Buy bitcoin on Coinbase.com, send the bitcoin in your Coinbase wallet to another bitcoin wallet at a site like Binance.com then use that bitcoin cash to buy ripple.

Sending BTC from Coinbase:

Get your BTC address at your desired exchange, the example below is from Binance, Go to FUNDS then look for Bitcoin and click DEPOSIT

put the given address in Coinbase’s recipient address and wait for the transaction to go through. Once your transfer clears then you should be able click the EXCHANGE button on the top left of the Binance website.

In the top right corner box, look for the cryptocurrency coin you would like to buy then click it. Type the amount you would like to buy then click BUY.

After you’ve successfully¬†bought your new coins, you can go ahead and click the FUNDS link on the website, look for the currency you purchased and click WITHDRAW, you can now send it to a wallet of your choice in order to safely store your coins as it isn’t recommended to keep your coins in any exchanges.

 

Leave a Reply

Your email address will not be published. Required fields are marked *