sell

How to Buy XRP (Ripple) in 2 minutes (2024 Updated)

0:00
↔️ ↕️

Timecodes:

Hi, I’m Nate Martin,

and we’re going to go over how to buy XRP in today’s 2...minute...tutorial.

XRP is the cryptocurrency that powers the Ripple network.

Buying XRP can be broken down into 3 simple steps:

Get a wallet, Locate your XRP address

and Find an exchange that sells XRP.

Depending on the amount of XRP you’re planning to buy,

you can choose to store it on either a hardware wallet

or a software wallet.

If you’re buying a small amount of XRP,

then a free software wallet that can be downloaded

to your mobile phone or computer will do.

Edge is a great software wallet that is easy to use for beginners.

If, on the other hand, you’re planning on accumulating larger amounts,

it’s safer to store it on a dedicated device known as a hardware wallet.

Our recommendation for a hardware wallet would be either the Ledger Nano X

or the TREZOR Model T,

both are reputable wallets which can store multiple cryptocurrencies alongside XRP.

One thing to keep in mind is that every XRP wallet

requires a non refundable 20 XRP deposit to prevent the creation of fake accounts.

Once you’ve set up your wallet, make sure to find your XRP address,