How to buy Ripple Stock

So Crypto coin lovers how is your coin holding. With this tutorial i will guide to Buy the Ripple Stock with simple easy steps. XRP coin, a.k.a Ripple is one of the top trending crypto coins for the year. The coin is at a very lesser price now and that makes it a really good option to invest in. The price value and strength that this coin can offer is really something which should not be ignored. The technology aims at replacing the SWIFT banking transactions and hence is focusing on capturing the payment gateway operations all over the world.

how to buy ripple stock

Steps to Buy Ripple Stock

To Buy Ripple Stock follow the below steps:

1. Create your account on official Binance exchange using this link.
2. After you login, go to the option of Purchasing Bitcoin with Master / Visa Card.
3. Purchase the Bitcoins and then move to the next step.
4. Now search for Binance Exchange Section for the Ripple Stock.
5. Use the option to buy Ripple using Bitcoins.
6. Enter the number of Ripple coins to purchase and click Buy Now.
7. That’s it.

There are many crypto exchanges to buy the stock of ripple coins, but i definitely recommend you to use Binance as it is very popular and trustworthy crypto exchange. Also, here you find many other coins as well. At the time of first investment you may not feel the importance of having multiple coins at a same exchange. But just think of a situation that you invest in ripple and ripple starts falling because of some technical instability in the protocol.

In that case, you will want to sell the coins. For that you might have to withdraw the money in loss as well. But when you have different coins on same portal, you can shift your money from one coin to other. Meaning to say, if ripple falls and you are trading on bigger platform like binance, you have the option to sell XRP and get some other trending coin. But if you are on a small exchange, you might have to transfer ripple to some wallet which will loose you money.

Also Read: Why you should never ignore BTC for investment.

Anyways, if you find any details are missing, you can directly reach me in comments