Ripple is a cryptocurrency that allows you to make incredibly easy transfers for all currencies to anywhere in the world. The platform is built in a way that transactions like these take only a few seconds. This is why banks across the world adopt ( or will in the near future) Ripple as an efficient and inexpensive way to make transactions.
The first thing you need to do is to buy an XRP wallet. Make sure you never forget what your secret key and store it in a secure place. For higher security, it’s best to get a hardware wallet. When using an XRP wallet, you must first fund it with a 20 XRP so you can block all the spam attacks. There are a few popular and reliable wallets such as Ledger Nano S that allows you to store more than just Ripple.
You can buy XRP in multiple ways. For example, you can buy it with fiat currencies or you can trade other cryptocurrencies for XRP. You can also invest in Ripple via fund platforms. Keep in mind that some platforms won’t let you send coins to other people, you can only buy it for fiat currencies. Many users say that buying XRP is best via credit card. CEX.io is an exchange that makes possible to buy it using your credit card.
Get Your XRP On Your Wallet
It is best after you gathered your coins to get them away from the exchange. For security reasons, you need to store all your coins in your wallet, since private keys aren’t really under your control. Once you finish with your transaction, you are now an owner of Ripple coins.
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