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What are the steps to acquire Ripple on Poloniex?

avatarCristobal diazDec 29, 2021 · 3 years ago1 answers

Can you provide a step-by-step guide on how to acquire Ripple on Poloniex? I am new to cryptocurrency trading and would like to know the process.

What are the steps to acquire Ripple on Poloniex?

1 answers

  • avatarDec 29, 2021 · 3 years ago
    Certainly! Here's a step-by-step guide to acquiring Ripple on Poloniex: 1. Sign up for an account on Poloniex if you haven't done so already. 2. Complete the necessary verification process to enable trading. 3. Deposit funds into your Poloniex account. You can use Bitcoin or another supported cryptocurrency to make the deposit. 4. Once your funds are deposited, go to the trading section and search for the Ripple trading pair. 5. Place a buy order for Ripple at your desired price. You can choose to buy at the market price or set a specific price. 6. Wait for your order to be filled. Once it's filled, you will see the Ripple balance in your Poloniex account. 7. You can choose to hold your Ripple on Poloniex or withdraw it to a personal wallet for added security. I hope this guide helps! If you have any more questions, feel free to ask.