Introduction
When purchasing XRP, there are several factors to consider, including choosing an exchange to purchase it from and transaction method. Fortunately, we’ve compiled a list of reputable exchanges to assist you with the process.
Step-by-Step Guide
1. Choose an Exchange
Research and choose a cryptocurrency exchange that operates in your country and supports XRP trading. Consider factors such as fees, security, and user reviews.
2. Create an Account
Register on the exchange's website or mobile app, providing personal information and identity verification documents.
3. Top Up Your Account
Transfer funds to your exchange account using supported payment methods such as bank transfer, credit card, or debit card.
4. Navigate to the XRP Market
Once your account is funded, search for "XRP" (XRP) in the exchange’s marketplace.
5. Choose a Transaction Amount
Enter the desired amount of XRP you wish to buy.
6. Confirm Purchase
Preview the Transaction Details and Confirm Your Purchase by clicking the Buy XRP or equivalent button.
7. Complete Transaction
Your XRP purchase will be processed and deposited into your exchange wallet within minutes.
8. Transfer to a Hardware Wallet
It's always best to keep your crypto in a hardware wallet for security reasons. We always recommend Wirex or Trezor.
What to be Aware of
When purchasing XRP, it’s important to choose a reputable exchange that is easy to use, and has reasonable fees. Once you’ve done this, always transfer your crypto to a hardware wallet. That way, no matter what happens to that exchange, your crypto is safe.
Latest Movements
XRP (XRP) is currently priced at US$2.34 with a 24-hour trading volume of US$5.17B. In the past 24 hours, XRP has experienced a decrease of -3.14%. The market cap of XRP stands at US$131.18B, with US$57.45B XRP in circulation. For those looking to purchase or trade XRP, Nexo offers avenues to do so securely and efficiently}
- Market capitalisation
- US$131.18B
- 24-hour volume
- US$5.17B
- Circulating supply
- US$57.45B
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