How to Buy Ripple: Guide Line for You!

It’s an Attractive Asset!

Ripple is a bitcoin-style digital currency, which is not backed or controlled by any central government. It was launched in 2012 and recently it showed a 4300% increase in price. That means many people want to purchase the asset.

A bitcoin is currently worth more than $17,000, and Ripple’s price is  $0.70. It’s a far more accessible investment for the average person who wants to start trying their luck in the world of cryptocurrency trading.

How to Buy Ripple

If you want to buy Ripple, you need to own bitcoin first. You can purchase bitcoin with your real money on sites like Coinbase. It is as simple as buying an item online. Just put in your credit card details and select the amount of bitcoin you want to purchase. One unit of bitcoin may be very expensive for you, but you can buy small denominations.

Once you have bought bitcoin you can buy Ripple. The first thing you need to do is obtain a Ripple address, which work similarly to a bitcoin wallet and allows you to store the cryptocurrency.

After purchasing Bitcoin tokens, you can buy Ripple. At first, you need to obtain a Ripple address. It works similarly as a bitcoin wallet and allows you to store the cryptocurrency.

For this, you can use a Ripple wallet like Poloniex. The most popular websites to exchange bitcoin (BTC) for Ripple (XRP) are Changelly & Shapeshift.

You can also buy a physical wallet like the Ledger Nano S, which is a hard drive that supports many cryptocurrencies like Bitcoin, Ethereum and Dash.

This digital currency is expected to have a good future on the cryptoworld. There are 1000 billion XRP tokens existing and Ripple holds 61% of them.

Leave a Reply

Your email address will not be published.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