What are the key differences between Bitcoin and Ripple (XRP)?
A post by Lisa Cantin
To buy Malaysian Ringgit using XRP, first, find a cryptocurrency exchange that supports the MYR/XRP trading pair, such as Luno. Create an account, verify your identity, and deposit your XRP into your exchange wallet. Locate the MYR/XRP pair on the trading platform and place an order to exchange your XRP for Malaysian Ringgit. If the MYR/XRP pair is unavailable, you can first exchange XRP for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Malaysian Ringgit. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.
To sell Malaysian Ringgit for XRP, first, find a cryptocurrency exchange that supports the MYR/XRP trading pair, such as Luno. Create an account, verify your identity, and deposit your MYR into your exchange wallet. Locate the MYR/XRP pair on the trading platform and place a sell order to exchange your Malaysian Ringgit for XRP. If the MYR/XRP pair is unavailable, you can first sell Malaysian Ringgit for a stablecoin like Tether (USDT) or a fiat currency, then trade that for XRP. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.
A post by Lisa Cantin
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