How to buy Ripple (XRP)? – Complete Guide

Ripple (XRP) is one of the leading cryptocurrencies in the crypto world. For a long time before, the market cap of Ripple (XRP) ranked third in the crypto market. But due to the SEC complaint against Ripple, XRP has dropped to fifth. Therefore, many people think that now is a good time to buy Ripple(XRP), but they have no idea how to do it.

In this post, we will tell you about how to buy Ripple(XRP) in little detail.

XRP is the native token of the Ripple network. It plays the role of a value exchange medium like money in the Ripple ecosystem. And its total supply is 100 billion, but a small portion of tokens with every transaction were burned as trading fees.

Each cryptocurrency has its own mission. Bitcoin aims to be "a peer-to-peer electronic cash system" to replace traditional banks and trusted third-parties. Ethereum wants to be a global computer and decentralized platform for running smart contracts.And the mission of Ripple (XRP) is to provide users with stable and convenient cross-border payment services. If you carefully read this part ,and you still want to buy Ripple(XRP).

For most crypto investors, the best way to buy Ripple (XRP) is going to a centralized exchange like KuCoin , where it is as easy as shopping on the internet. The most advantages of purchasing Ripple(XRP) on the centralized platform are low trading fees and with a better user-friendly experience. You only need to complete the registration and KYC verification process on a crypto exchange, then you can purchase Ripple (XRP) with a credit card.

First of all, you need to sign up an account on the KuCoin exchange and complete the KYC verification process.

Second, you need to buy BTC or USDT via “KuCoin P2P Fiat Trade” or “Buy Crypto with Credit/Debit Card”. If you already have some BTC or USDT, just ignore step two, you can transfer it to KuCoin.

Finally, you can enter the homepage of KuCoin, and search the trading pairs of “XRP/USDT” or “XRP/BTC “, you can purchase Ripple (XRP) with the best exchange rates.

You must know that safely storing crypto assets is very important. So, I suggested you two secure ways to store Ripple(XRP). One is to download Ripple’s official wallet, but each address requires 20 Ripple (XRP) to be reserved, which can’t be recovered or sent to others. If you think the official wallet is a bit complicated, you can just store your Ripple (XRP) in KuCoin, which is the easiest and safest way for crypto newcomers.

There is quite a controversy about Ripple. It is regarded as a promising project because many banks in Japan and South Korea have cooperated with Ripple(XRP) to use blockchain to fulfill low-cost and efficient cross-border transfers. Although many exchanges have suspended Ripple (XRP) trading, you can still easily buy Ripple (XRP) on KuCoin.

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