Ripple (XRP) is among the top 10 popular cryptocurrencies in the world. The crypto has strong financial partnerships, a blockchain, and widespread user acceptance. Hence, it is a crypto to consider investing in. The strengths increase its potential to grow in the future especially because the developers continue to look for innovative ways to take it to the next level.
Those who have already invested in cryptocurrency might have an idea of what XRP is and particularly how and where to buy Ripple. However, there is nothing to worry about if you are new to crypto. This article shares the top secrets on how to buy Ripple.
How to Buy Ripple – Get a Wallet
XRP is just like any other major cryptocurrency, say Bitcoin, and is stored in a digital wallet. If you are wondering how to buy Ripple successfully, then the first thing you need is a digital wallet hosted by a reliable third party. Fortunately, there are many reliable platforms, not only for hosting a wallet but also for trading, saving, and earning interest on XRP.
How to Buy Ripple on an Exchange Platform
Can you buy Ripple with cash on an exchange platform? Yes, actually, this is a popular option for XRP investors. Many, if not all, reputable platforms allow you to buy Ripple and other cryptocurrencies using a credit or debit card when buying online, and you can buy using cash when buying from a physical exchange.
Apart from cash, you may need an account to carry out a transaction although not every platform will ask for this. When you are not required to create an account with the exchange, the XRP will be sent directly to your XRP wallet. Additionally, the exchanges guide those who are not sure about how to buy Ripple until they are successful.
Buy and Save XRP in a Savings Account
The other best way to get XRP is buying and saving it on a crypto savings platform to earn interest. YouHodler is a popular and trusted savings platform that gives investors an APR of up to 12.5%. You can buy XRP and withdraw your interest in XRP because the platform has a synchronized exchange. Then, you can transfer it into your digital wallet.
YouHodler and other similar crypto savings platforms offer more than interest; you can also borrow Ripple to expand your crypto investment. Alternatively, they can help you with how to buy Ripple when starting off with the savings plan.
Buy on a BTC ATM
Although they are called Bitcoin ATMs, they have now integrated other services such as buying and selling other popular cryptos like XRP. To buy Ripple coin instantly at an ATM, you need cash or a bank card to pay and a digital wallet to receive your coins.
And if you are wondering how to buy Ripple on these machines, the procedure is relatively similar on all machines. All you need to do is follow the prompts on the screen, and you will be good to go.
The issue of how to buy XRP has now been simplified by the options we have discussed. Fortunately, these options are very reliable and suitable for both new and experienced crypto investors. So, follow them, and you will not regret it.