What are the key differences between Bitcoin and Ripple (XRP)?
A post by Lisa Cantin
Platform | XRP | Canadian Dollar |
---|---|---|
YouHodler | 1 XRP | 3.22 CAD |
BTSE | 1 XRP | 3.22 CAD |
To buy XRP using Canadian Dollar, first, find a cryptocurrency exchange that supports the XRP/CAD trading pair, such as Kraken or YouHodler. Create an account, verify your identity, and deposit your CAD into your exchange wallet. Locate the XRP/CAD pair on the trading platform and place an order to exchange your Canadian Dollar for XRP. If the XRP/CAD pair is unavailable, you can first exchange Canadian Dollar 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 cost of your transaction.
To sell XRP for Canadian Dollar, first, find a cryptocurrency exchange that supports the XRP/CAD trading pair, such as Kraken or YouHodler. Create an account, verify your identity, and deposit your XRP into your exchange wallet. Locate the XRP/CAD pair on the trading platform and place a sell order to exchange your XRP for Canadian Dollar. If the XRP/CAD pair is unavailable, you can first sell XRP for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Canadian Dollar. 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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