WHAT IS RIPPLE?
Ripple’s main objective was to create a decentralized and ultra-efficient global payment transfer system. Highly esteemed financial institutions have already adopted the Ripple network due to the security and efficiency it provides in cross-border transfers.
Until now, the network is capable of making transfers at phenomenal speeds, reaching more than 1500 transactions per second.
WHERE TO BUY RIPPLE XRP?
Like most of the cryptocurrencies, Ripple is accessible through several online exchanges. However, it is important to know that different exchanges provide different ways to access the cryptocurrency.
HOW TO BUY RIPPLE XRP?
The exchanges offer a similar procedure to the purchase of other cryptocurrencies in which you simply choose the cryptocurrency within the list of available cryptocurrencies, after which you specify the quantity and other authentication details.
Here I will focus on the exchanges that currently provide the purchase of the Ripple cryptocurrency with fiat, as well as other cryptocurrencies. For a quick overview, Bitstamp and Kraken are the most “friendly with Ripple”, as they support transitions involving both the USD and the EUR, as well as a good amount of cryptocurrencies.
Exchanges that allow conversions of the Korean Wong include Korbit, UpBit and Bithumb, while the Japanese Yen can be traded in Bitbank.
BUY RIPPLE WITH USD IN AN EXCHANGE
US dollar is undoubtedly one of the most supported currencies, since it is the most presented in most exchanges that support Ripple transactions.
LIST OF EXCHANGES WHERE XRP / USD IS NEGOTIABLE
The following exchanges allow the XRP / USD pair for operations.
BUY RIPPLE WITH EUR IN AN EXCHANGE
As expected, the euro also serves as a worthy rival to the USD in terms of dominance in Ripple transactions.
LIST OF EXCHANGES WHERE XRP / EUR IS NEGOTIABLE
The following exchanges have the commercial pair EUR / USD
BUY RIPPLE WITH CRYPTOCURRENCIES IN AN EXCHANGE
Other popular cryptocurrencies such as Bitcoin and Ethereum are the most widely used method to access Ripple, since most crypto exchanges do not have a provision for fiat-cryptography conversions. Let’s take a look at some of the exchanges tested in the market.
LIST OF EXCHANGES WHERE RIPPLE XRP IS NEGOTIABLE
BUY RIPPLE WITH CREDIT / DEBIT CARDS
One of the main challenges faced by investors willing to buy Ripple was the lack of instant methods to perform the conversion through credit or debit cards.
During the lasts years, two highly efficient instant conversion platforms have appeared. Let’s see:
Changelly offers a simple and direct interface that allows you to buy your Ripple using another cryptographic or fiat currency through debit and credit cards.
To buy Ripple using a credit card, you need a valid wallet address that acts as a destination for your converted Ripple. Once on the homepage, you are simply asked to perform a simple registration procedure that verifies it through your email address.
After this, enter the amount of Ripple you want to buy and then provide your credit card information before starting the transaction. In general, it is free to register and the only fees charged are transaction fees.
Coinmama is another popular exchange that allows you to buy Ripple through credit and debit cards. The exchange is located in Israel and has a colossal volume of 1 million users worldwide.
Ripple is a recent addition to the fiat-crypto conversions of the platforms and offers relatively higher limits for the purchase of the cryptocurrency.
For example, the maximum amount of Ripple [XRP] that a user can buy in a day is $ 5,000, while the monthly limit is $ 20,000.
In terms of rates, there is a 6% charge per transaction that is quite hectic compared to most exchanges on the board.
Knowing how to buy Ripple is as good as knowing the correct exchanges with the most practical method for your needs.
While some options give you a complete exchange capable of converting US dollars or Euros to Ripple, others simplify the work to provide an instant method that allows you to use credit and debit cards.
The options described above should give you a solid step forward with the adoption of the cryptocurrency, so now you can go and buy Ripple as you want!