How To Buy Ripple (XRP)
Here is your step by step guide on how to buy Ripple (XRP) on Binance.
Before We Get Started You Must Know The Following
Binance is a place where you can buy a handful of different cryptocurrencies such as Ripple (XRP), you cannot buy Ripple (XRP) on this exchange. You’ll need to visit Coinbase 1st to buy some Bitcoin or Ethereum to get started.
If You Don’t Have Bitcoin Already Click On Buy Bitcoin, If You Have Bitcoin Continue Below
Full Guide On How To Buy Ripple (XRP) On Binance
The 2nd step is transferring your Bitcoin (BTC) into your Binance exchange account.
Place your mouse over the “Funds” tab then click on “Deposits Withdrawls”
Now you’ll see a list of all the different cryptocurrencies available for exchange, Let’s find Bitcoin (BTC) by simply typing in the search box “BTC”.
To the right you’ll find 3 tabs called Deposit, Withdrawal and Trade. Click on “Deposit”
Copy your Bitcoin (BTC) address.
Your Bitcoin address will be on the left
Login to Coinbase or the exchange where you’ve purchased your Bitcoin.
On Coinbase click on “Accounts”
On the left you will see “BTC Wallet” with your available BTC below and a Send/Receive buttons, Click on “Send”
Here is where we’ll paste in the Bitcoin (BTC) address that you copied on Binance right in the “Recipient” section, Then fill in the amount that you wish to send over to your Binance exchange account and click on “Continue”.
Within a few minutes you’ll receive the Bitcoin (BTC) that you’ve sent over from Coinbase or from which ever exchange you used, Now to view your available Bitcoin (BTC) balance on Binance simply go to “Funds” > and click on “Deposits Withdrawals” and you should be able to view your available balance under “Total Balance”.
Now we are going to Exchange your Bitcoin (BTC) to Ripple (XRP) by going to the “Exchange” tab on top top and under “Exchange” we’ll click on “Basic”.
On the top right you’ll find a search box search type in XRP and below you’ll see the results showing XRP/BTC click on the results once.
Now we are ready to buy Ripple (XRP) with Bitcoin (BTC), Fill in the amount that you wish to buy, it could be any amount you want or 25%, 50%, 75% or 100% of all your Bitcoin and click on “Buy XRP”
Give it a few minutes then go to “Funds > Balances” and you should be able to view your available Ripple (XRP) balance under “Total Balance”.
You Are Now Ready To Buy and Exchange Ripple (XRP) On Binance.
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Keeping your cryptocurrency in an exchange is not a safe choice, If you have small amounts that you don’t mind loosing in case the exchange get’s hacked then keeping small amounts in an exchange is fine but if you have large amounts then it’s highly recommended to store your Ripple (XRP) on a wallet.
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