How to Buy Ripple (XRP) in Armenia

A Step-by-Step-Guide on how to buy Ripple (XRP) in Armenia

Step 1 – Join Coinmama

In the beginning you'll need to purchase one of the bigger currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below for registration and getting your BTC (Bitcoin) or ETH (Ethereum).

Binance Signup
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange

Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Ripple (XRP) is available on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps)

Make sure you've selected the exact coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow these easy steps).

Step 3 – Locate {Ripple (XRP)|(XRP) Ripple}

As soon as your deposit has been verified, you will instantly have access to your funds and you can launch invest and trading. To purchase {Ripple (XRP)|(XRP) Ripple} on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

In order to spot {Ripple (XRP)|(XRP) Ripple}, you will need to insert the short name of the asset (XRP) into the search-box, which is highlighted in the image. Be certain of having selected the right pairing, we have highlighted this also. Click on “XRP/BTC” to advance.

{How to buy Coin on Binance 1|Binance How To Buy 1} Ripple (XRP)
Step 4 – Purchase {Ripple (XRP)|(XRP) Ripple}

As soon as you have located {Ripple (XRP)|(XRP) Ripple}, you will be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). For now we're going to create our Limit Order.

The ”Price” field will be filled with the up-to-date price {Ripple (XRP)|(XRP) Ripple} was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of XRP you like to buy. The ”Total” field is the aggregated price in BTC that you'll settle for the whole amount of XRP.

If you're satisfied, make a mouse click on “Buy XRP”. Your order will be filled as soon as a Vender sells their XRP for the price you offered.

Step 5 – Withdraw {Ripple (XRP)|(XRP) Ripple}

Unless you are trading, never keep your crypto on an Cryptocurrency Exchange for an extended time frame. In order to take off your {Ripple (XRP)|(XRP) Ripple}, go to the ”Funds” tab and click on “Withdraw”. {Ripple (XRP)|(XRP) Ripple} can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Ripple (XRP)|(XRP) Ripple} by using the provided drop-down box. Enter the amount of {Ripple (XRP)|(XRP) Ripple} you'd like to take off. Don't forget the displayed fees/minimums. Also make sure you have entered your precise withdraw address.

If you are satisfied, click on “Submit”. You may be requested for email/phone verification ahead of a withdrawal.

Congratulations! You've successfully purchased and stored Ripple (XRP) in Armenia.

That's it!

Take offs from Crypto Trader can durate anywhere from 1 – 30 minutes (depending on usage of the network). Once you've confirmed your take off with or and the {Ripple (XRP)|(XRP) Ripple} is stored inside your wallet, you are done.

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