How to Buy Ripple Beginners Guide
XRP can be sent directly without needing a central intermediary, making it a convenient instrument in bridging two different currencies quickly and efficiently.
What is Ripple?
XRP has a huge role to play in the Ripple Ecosystem. This token is the electronic tool that makes it possible to use the network’s services. In this sense, XRP functions as a service token. The value change in the Ripple network is reflected in this token.
The intermediary for the exchange can be XRP. There will be both fiat and cryptocurrency exchanges here. In its essence, XRP is a kind of wildcard. Participating banks can encourage international financial transactions without considering exchange rates or other factors.
Step by Step Beginner’s Guide
Below is the simple 5 step to complete guide on how to buy Ripple instantly.
Step 1 : Open Free Ripple Wallet With BuyUcoin
To sign up and register with buyucoin, first you have to enter your email or password, also you can use signup with Google to open a free Ripple wallet in an even easier way.
Step 2 : Verify Your Email Address
Once you have registered with BuyUcoin, you will need to go to your profile section and verify your email with an OTP or Email verification link which has been sent to your email address.
Step 3 : Complete Your KYC
After email verification, you will have to get your identity verified through KYC, which helps you to buy Ripple easily or instantly.
Step 4 : Deposit INR in Your Ripple Wallet
After completing your KYC you have to add your primary bank and UPI into your BuyUcoin wallet, then you need to add fiat currency to buy Ripple such as INR to XRP
Step 5 : Buy Ripple Through Spot or OTC Desk
There are 2 ways to buy Ripple on BuyUcoin Cryptocurrency Exchange, first way is Spot/Classic market and second way is EZ/OTC. With EZ/OTC you can buy XRP instantly and easily.
Best Cryptocurrency Exchange to Buy Ripple
The growing popularity of cryptocurrency has resulted in a significant rise in the number of cryptocurrency exchanges in India. Cryptocurrency Exchanges in India facilitate as a common marketplace for buying, selling, and trading digital currencies like Ripple, for fiat currencies like the Indian rupee (INR) or the US dollar (USD).
BuyUcoin is one of the Oldest and most trusted cryptocurrency exchanges in India to Buy Ripple and other 150+ Coins at Best Price. BuyUcoin offers Industry-leading security using KYC-AML Process and best market price to Buy Ripple in India.
Why Buy Ripple?
If you’re interested in Ripple but don’t know where to start, here’s a quick look at the top 5 reasons to start investing in it XRP.
Have Control of Your Assets
The decentralised nature of Ripple trading allows you to own and store your assets without the involvement of a third party. The value of the assets is not determined by the exchange or a middleman, giving traders the freedom to profit from the current exchange rates.
Limited Supply Make it Beneficial
There is a fixed supply of Ripple and other cryptocurrencies. Due to this, they are deflationary assets, which indicates that their value will eventually rise in purchasing power.
Transparent and Secure
Ripple are popular because of their complete transparency, which is made possible by open-source and publicly verifiable technology
A Good Long-Term Investment Option
BuyUcoin provides SCIP for Ripple as a long-term investment, it will help you to avoid crypto market volatility and fluctuation. They can provide a reasonable source of savings after retirement or provide a much-needed financial freedom during a sudden economic downturn.
24x7x365 Flexible and Independent Trading
Because crypto trading is available 24 hours a day, seven days a week, traders can plan their trading at any time of day.