How can I buy Ripple using Coinbase and Binance?
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I want to buy Ripple, and I have accounts on both Coinbase and Binance. How can I use these two exchanges to purchase Ripple?
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1 answers
- To buy Ripple using Coinbase and Binance, follow these steps: 1. Make sure you have accounts on both Coinbase and Binance. 2. Deposit funds into your Coinbase account using a bank transfer or credit/debit card. 3. Once your funds are available, search for Ripple (XRP) in the 'Buy/Sell' section of Coinbase. 4. Choose the amount of Ripple you want to buy and complete the purchase. 5. Log in to your Binance account and go to the 'Funds' section. 6. Select 'Deposits' and find Ripple (XRP) in the list of supported cryptocurrencies. 7. Click on 'Deposit' and copy the Ripple deposit address provided by Binance. 8. Go back to Coinbase and navigate to the 'Accounts' section. 9. Find your Ripple (XRP) balance and click on 'Send'. 10. Paste the Binance Ripple deposit address and specify the amount you want to transfer. 11. Confirm the transaction and wait for the transfer to be processed. Please note that transaction fees and processing times may vary between Coinbase and Binance. Make sure to review the details before proceeding with the purchase.
Mar 01, 2022 · 3 years ago
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