Welcome to our quick guide to buying Ripple in Binance. All you need to know are a few simple steps. It doesn’t matter why you want to get some XRP on Binance. To do that, you need to exchange a certain amount of assets for Ripple. This can be different coins, such as Ethereum, Litecoin, Bitcoin, and many more. You can buy Bitcoins and altcoins with fiat as well – from Coinbase, other marketplaces, or friends or family.
Let’s say you have some Bitcoin (less than one is perfectly ok, of course). You must now exchange them for XRP. To start, register on Binance. Go to their official site. In the top right, you’ll see a link “Register”. If you want to buy Ripple, this is the obvious first step.
The next step is to have your account verified. This process begins after you fill in the registration form. The exchange will ask you to provide some personal details. This is a standard procedure that can’t be bypassed under regulations.
Now, go to the ‘Funds’ button on the site. You’ll be logged in by now. The Binance platform must receive some of the coins you purchased. You’ll see the ‘Funds’ links at the top. Now, click on ‘Deposits’. Binance supports quite a few fiat currencies apart from virtual ones. You can choose from a large number of fiat currencies used in countries across the globe.
The last step is to choose your desired cryptocurrency to make a deposit. You can enter BTC after clicking on the drop-down arrow. Do this in the search box that appears. You don’t have to choose Bitcoin, it’s just an example. Many tokens are available and you can use different deposit methods. Finally, you can use a credit or debit card to buy Ripple on Binance directly.