Patrick Shyu’s channel, Techlead on YouTube, has come under fire with accusations of engineering a multi-million dollar pump and dump scheme. …
The cryptocurrency market has exploded in the last year. It seems like everyone wants to invest and get a piece of this new form of money, but many people don’t know how to buy XRP (also known as Ripple). In this blog post, we will teach you step-by-step how to purchase your first cryptocurrency!
How to buy Ripple XRP on Coinbase
Create an account on Coinbase.com The first step is to sign up for a free online wallet with the service provider, Coinbase. This will be your cryptocurrency bank. You can also use this site as you would any other web-based email or social media platform and create new accounts if needed in order keep track of all transactions related specifically just XRP trading activity from one location so that it’s easy when tax time comes around at year end - we’ll talk more about taxes later. For now though let’s get started by signing into our newly created Coinbase profile page where they have made things very simple since there are only two steps before getting access tot he world wide market place which
Alternatives to Coinbase
- Binance.com (my favourite)
The next step is to buy some Bitcoin or Ethereum on Coinbase and then transfer it over the other exchanges like I just mentioned above, which are all free of charge with no transaction fees for trading between cryptocurrencies themselves but there may be a small fee when transferring from one cryptocurrency exchange platform into another depending upon what country you’re in.
Make sure that’s taken care before doing anything else. This will take about an hour if not more because this process can’t happen instantaneously due at least partially by how busy these platforms get as demand increases during certain times e.g. bullish periods.
Disclaimer: Cryptotravellers or the author are not a financial advisor and the information in this article is not financial advice and should not be construed in this way.