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In today's article, I will show you how to buy Ripple from VND in the simplest, most understandable way I can.
Ripple (XRP) is a digital currency used in Ripple's payment network.
With the time to make a transaction of 3,3 seconds, the transaction fee is low about $ 0,0004 and the speed of expansion is 1500 transactions per second.
As a result, more and more banks are applying Ripple's technology to their trading systems.
Aiming at improving processing speed for an extremely large volume of transactions and cost savings.
Currently, in Vietnam there is a market for buying and selling Ripple in VND. But from a personal perspective, I find that the price of Ripple on these markets is quite high compared to international exchanges.
So, I will show you how to buy XRP on Binance with Bitcoin.
With Binance, you can buy and sell Ripple for a better price. At the same time you can store XRP right on the floor.
In this step, you need to create yourself two accounts: 1 Binance account and 1 account Remitano.
Create a Remitano account
Quick start Guide:
You can see the details here: Registration instructions Remitano
Sign up for a Binance account
As with Remitano account, I will quickly talk about the Binance registration steps:
You can see the details here: Instructions to create a Binance account
After registration is complete, you need to get the BTC wallet address on Binance to prepare for the next step.
How to get Bitcoin wallet on Binance, you see here: How to transfer Bitcoin from Remitano to Binance
Because the process of buying Bitcoin on Remitano is quite long. Therefore, I will quickly talk through the steps to buy Bitcoin as follows:
You should see the detailed instructions here: Guide to buy and sell Bitcoin on Remitano
After Bitcoin got into Binance. You can now start buying Ripple.
Below, I will guide you to buy Ripple on Binance!
First, you log into Binance and access the folder XRP / BTC
Then you select the box Limit Buy as shown below.
Next, you need to fill in some things:
I want to buy 50 XRP with the price of 0,00007762 BTC, I need to fill out as shown below.
Then press the Buy XRP button and you're done.
After successful purchase, you re-enter the item Deposits Withdraws Let's see the amount of Ripple in your account!
And you can always store Ripple on Binance without transferring it to an external wallet.
But if you move back to cold storage, you have to note fill right TAG at the address received.
If you do not enter it correctly, you will lose XRP and the floor will not be responsible for you.
Hopefully after you read through this article. You can practice Ripple by yourself easily.
I wish you successful transactions!
If you have any questions or comments, please leave a comment below the article. Or you can join in the exchange Coin98 Research Group Please!
Hello and see you in the next article.
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