Do you want to Buy Ripple Coin for making money? Yes, you can buy XRP very easily and makes money via trading them. As you know Ripple Price is very down these days so this is the best opportunity to buy Ripple for making huge money in very less time. You can also make money via holding other coins like BitCoin, ETH, LTC etc but as we know the Ripple Price is very less than other Coins so we can buy a huge number of coins on very small rates and when Ripple price will increase we get 2X 3X profit very easily.
What is Ripple?
XRP, Ripple’s native currency, took the digital currency world by storm, soaring from under $0.01 to over $1 a coin in under a year.
It acts as a payment network, RippleNet, and a cryptocurrency, Ripple XRP.
The platform makes it easy to transfer almost any currency to almost any other currency in the world in no longer than four seconds.
Currently, Ripple is focused on working with banks and other institutions in a bid to offer an efficient and cost-effective way of sending real-time payments around the world.
Using Ripple, if one wanted to transfer currency directly from China to the USA, they can trade CNY to XRP, (Ripples currency), and then send XRP to the recipient who will have an online Ripple wallet or a bank in the USA. From there, they can trade the XRP back into USD.
Note: You need Bitcoins before buying Ripple! At all the below exchanges, it’s required you own bitcoins FIRST so you can convert them into Ripple (XRP) You can buy BitCoin from Changelly, Coinbase & CoinMama.
How to Buy Ripple Coin Step by Step Tutorial for Beginners.
There are lots of Ripple wallet available on the Internet like Bittrex, Coinone, Bitstamp, Coinbene, Binance, Koinex etc But all Ripple wallet have some country restrictions so in this Tutorial We are talking about Binance which is very Famous Trading Website these days. You can buy thousands of coins from here through BitCoin.
- First of all, goto the Binance website
- Fill the required information like Name, Email Address and Password (Make sure use real information)
- Now verify your Email address and your account successfully created.
- log in your account and set up the security settings I recommend you to use 2FA Security via Google Authentication and save your 16digit Auth Code (It is very important)
- Now your account is ready for Purchasing Ripple Coins
- Go to the Funds >> Deposits Withdrawals and then find out the BTC option and click on the Deposit button and copy your unique BitCoin receive id and send BitCoin to this Address from your BitCoin Wallet.
- After 2-5 Minutes you can see the BitCoin will be added to your Binance Account.
- Now go to the Exchange >> Basic/Advance option which is available on the Left top side of the Binance website.
- Search on the top bar XRP and select XRP option and click on that so that you will be able to buy ripple coin (If you want to buy any other coin just search out that coin)
- You can see there are 3 options Limit, Market, Stop Limit if you want to buy ripple coin on the market price then you can select the Market tab otherwise select Limit tab and type number of ripples you want to buy and click on the Buy button.
- Ripple successfully bought on your account you can see the balance of the XRP in the Funds >> Deposits Withdrawals option.
- Now you are ready for trading ripple coins for making money.
Using this same method you can buy any crypto coin which is available on Binance through BitCoin. These days Ripple Price is very Low so you should invest some money on ripple for 2x and 3x you can check all the crypto-coin real-time price on Binance or Coin Market Cap Application.