#XRPBTC finished wave A with +% gains and looks like it very close to finish Wave B % until now check our Ta for it since a month ago Now time for an update with a new buy signal You can buy it in parts between / with targets at HOLD Invest/ position size % Stop-loss: Close below it monthly Ps. Binance has added the Ripple (XRP) trading pair for the Nigerian Naira (NGN).. The new pair now means that Nigerian users can buy, sell, and trade XRP using Nigerian Naira. Binance recently launched a dedicated Binance Nigeria home page allowing Nigerian users to easily deposit Naira onto the exchange, buy crypto, and use the Binance P2P trading platform. The cryptocurrency with the most pairs to tradeon the platform is BTC, followed by ETH, the cryptocurrency of the Binance BNB, XRP and TRX. In addition to these there are also pairs available to make exchanges with the stablecoins USDT, PAX, TUSD, USDC and USDS.
Trade btc for xrp binanceHow to Trade on Binance | Cryptopolitan
You could buy from friends or family, on marketplaces such as LocalBitcoins, or you buy from Coinbase. There are a lot of resources on the web that will guide you through how to go about that. In the next steps, we will teach you how to buy Ripple XRP. You need to open an account on the Binance Exchange platform. To do this, head over to the Binance Exchange official site and click on the Register link on the top right of the screen. Fill the Registration form and verify your account.
If security is important to you and you want to remain anonymous on this one-time transaction, you can try this temporary email service. Now that you are logged in, you need to send some of those cryptos you bought to the Binance platform.
A wallet address would be generated for you. Copy this address, go to the wallet you have your cryptocurrency earlier purchased stored and send to the wallet address generated by Binance.
After you have sent your Bitcoin or any other one you purchased to Binance , you may need to wait a moment for the transaction to reflect in your wallet and also fully confirmed. Irrespective of the page you are on, locate the Exchange link at the top of the site, next to the Binance logo. When the Basic page is fully loaded, at the top right section of the page, locate the cryptocurrency pair you want to trade. Same process if you have funded with any other cryptocurrency, you just replace the BTC with what you have.
A market tag would buy Ripple for you at a higher price that if you set it yourself. Now you know how to exchange your Bitcoin for Ripple on Binance.
Follow the same procedure for Ethereum, Litecoin or any other cryptocurrency you have to swap for XRPs. As a last thing, make sure you do secure your Ripple tokens by storing them on a Ripple wallet. XRP accounts for over 2. To purchase XRP using digital currencies other than Bitcoin, the process is very similar. After verifying your account, you will have to send funds to your Binance account. Once a wallet address is generated, you will be able to send funds.
It is worth pointing out that you can only send the virtual currency linked to that address. Of course, you can use stop orders to manage your risk. You can check out this tutorial from Binance to understand how different types of stop orders work and how they can prevent unnecessary losses. In the picture below, you can see an example of an order that has been filled successfully. This position is worth 0. On the right side of the tab, the position can be closed with either a market order or limit order.
While it may be hard to wrap your head around XRP leverage trading at the start, this guide has hopefully made the process a bit easier to understand. Thanks to the user-friendly interface, trading XRP with leverage on the Binance digital asset exchange is relatively simple.
Trade on Binance Futures. Of course, Binance is not the only cryptocurrency exchange that offers leveraged cryptocurrency trading. Create a Binance account First things first - you will need to open an account on the Binance cryptocurrency exchange. We recommend to start with a small amount until you get comfortable with the user interface.
Here, you can select the contract you want to trade. This slider goes from 1x to 75x. Higher leverage means higher potential profits, but also a higher chance of losses. Here, you can place an order. You can either go long you will profit if the price increases or short you will profit if the price falls. You can choose between market order, limit order, stop limit order and stop market order.
Here, you can monitor the status of your position after your order is filled. Pay special attention to the Liq.