How to buy Ripple?
How to buy ripple and bitcoin just got a whole lot easier using a number of different ways. Ripple is one of the fastest growing cryptocurrencies on the market and has potential to be more widely used than even bitcoin. The block chain network of Ripple is unprecedented and fast proving to be used in the buying of goods and services. Ripple says that a single transaction can take just 4 seconds which is lightening fast compared to the banking system.
You can also check out our guide: Making money with Ripple and Bitcoin
You can buy ripple coins on Bitstamp, Kraken, Gatehub, Coinone, Korbit and other exchanges. Ripple has become one of the top ten most traded currencies primarily due to the cheap price. Ripple recently passed lite coin as the 4 the most popular cryptocurrency. How to buy ripple is now easier than ever. Simply make an account on one of the exchanges and transfer money into the account. You can purchase ripple currency directly from the exchange and use it to buy or sell goods.
We have created this guide to make it easier for you to buy Ripple (XRP). The first step is to make sure you have a really good Ripple wallet that way your currency of ripple is secure.
Buy using a credit card on coinbase
Currently, GDAX which is associated with coinbase doesn’t have Ripple on their exchange so you would need to use either Bitstamp or other exchanges.
currently, coinbase is by far the easiest way to buy other currencies such as lite coin and bitcoin. Coinbase is available in the following countries: United States, Canada, Europe, UK, Singapore, and Australia.
You can use BitPanda which is out of Austria and is a brokerage. You can use a credit card to buy ripple
You can easily buy bitcoins on CoinMama with a credit card from any country and then use that bitcoins to exchange for Ripple XRP.
Buy with Ripple Wallet
You can store ripple currency in a ripple wallet and use that to buy or withdraw ripple currency.
Buy Ripple with PayPal
You can first buy bitcoins and use your ripple wallet to convert into ripple currency.
Buy XRP with Cash
There are ATMs that can be used with Ripple. However, there is no direct way to buy Ripple XRP with cash. You can buy bitcoins with cash and start to convert it into XRP Ripple.
Buy Ripple with Bitcoin
A great way to exchange or convert to buy ripple.
Buy Ripple with Ethereum
The best way to buy Ripple is also with Ethereum by exchanging.
Why is there no direct way to buy Ripple (XRP) in many cases?
The only way to buy Ripple is through an exchange such as Bitstamp or Kraken.
Can anyone buy Ripple?
You must be over 18 years of age and have access to a financial bank or institution.
Can you buy Ripple XRP with Coinbase?
Not currently, Ripple doesn’t trade on GDAX and not supported by Coinbase.
Is it better to mine Ripple or buy it?
No, you can only buy Ripple as the creators of Ripple have their own block chain codes.
Which payment method is best to use?
cheapest way to go about it is through a bank, however using a credit card is the fastest way.
What should I do with my XRP once I buy it?
The best thing to do is to keep it safe in your secure wallet.
Can you sell XRP?
You can sell it or exchange it.
What is ripple?
Ripple is a real-time gross settlement system (RTGS), currency exchange and remittance network by Ripple. Also called the Ripple Transaction Protocol (RTXP) or Ripple protocol, it is built upon a distributed open source Internet protocol, consensus ledger and native cryptocurrency called XRP (ripples). Released in 2012, Ripple purports to enable “secure, instantly and nearly free global financial transactions of any size with no chargebacks.” It supports tokens representing fiat currency, cryptocurrency, commodity or any other unit of value such as frequent flier miles or mobile minutes. At its core, Ripple is based around a shared, public database or ledger, which uses a consensus process that allows for payments, exchanges and remittance in a distributed process.
How to buy Ripple using an APP?
Some exchanges do offer APPS that can be used to purchase ripple. However most exchanges are requiring a setup on desktop before you can start using the app.
Ripple, lite coin, Bitcoin and others are a cryptocurrency and fast becoming part of the worldwide payment system. It is the first decentralized digital currency – the system works without a central repository or single administrator. It’s very easy to earn money using Bitcoin through many different methods. The average person can earn about $100 to $1,000 a month by simply buying and selling bitcoins or other cryptocurrency such as Ethereum or Litecoin.
Some people have reported to have made millions using bitcoins. Just earlier in 2017, Bitcoin was at around $950 and since then it’s broken the $17,000 mark. It has grown exponentially and those who bough bitcoin at $1,000 have easily made $16,000 with just owning 1 bitcoin. Even those who invested in October at around $8500 have made over $700.
Payment for services
As cryptocurrencies are becoming popular many are turning to being rewarded in bitcoins. There are many businesses that have switched to accepting bitcoin as a form of payment. So when a service is rendered a bitcoin payment is a great option and it’s easy to transfer bitcoins from one account to another by simply using the coinbase app.
Ripple has become even more popular than bitcoin in terms of the supply in the market.