How to buy ripple/xrp with paypal?steemCreated with Sketch.

in #cryptocurrency7 years ago

*reharshed from my website: http://freetacticalstuff.com/how-to-buy-ripple-xrp-with-paypal-2/

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what is ripple?

First things first, what is ripple? According to Wikipedia Ripple is a real-time gross settlement system, an exchange and remittance network created by Ripple using block chain technology and the network uses cryptocurrency called XRP commonly known as ripples.XRP has several use cases and one of them is improving the international banking transfers (wire transfers) which normally take 4 to 7 days. Ripple will complete that in less than 4 seconds. Major Asian banks have already started to partner with ripple to improve their efficiency.

Ok! How do you buy XRP using paypal?

You will need to register on to platforms to be able to do this. The entire process once registered will take less than 10 minutes. Virwox – is a virtual world exchange, where you can buy second life linden (SLL) which is a token that is used in a virtual reality game called second life. You will be able to exchange your SLL to BTC (bitcoin) in the virwox exchange. 

 

what is ripple?

First things first, what is ripple? According to Wikipedia Ripple is a real-time gross settlement system, an exchange and remittance network created by Ripple using block chain technology and the network uses cryptocurrency called XRP commonly known as ripples.XRP has several use cases and one of them is improving the international banking transfers (wire transfers) which normally take 4 to 7 days. Ripple will complete that in less than 4 seconds. Major Asian banks have already started to partner with ripple to improve their efficiency.

Ok! How do you buy XRP using paypal?

You will need to register on to platforms to be able to do this. The entire process once registered will take less than 10 minutes. Virwox – is a virtual world exchange, where you can buy second life linden (SLL) which is a token that is used in a virtual reality game called second life. You will be able to exchange your SLL to BTC (bitcoin) in the virwox exchange. Bitstamp– is a Cryptocurrency exchange, with a wide range of cryptos to buy and trade

Follow these Steps to buy your ripples:

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Create a Virwox Account

Create a HitBTC Account

Using PayPal deposit the amount you want to use to buy your ripples (it could be USD / EUR)
Using your USD balance go to Exchange and select USD/SLL. Place a market order for SLL, and You transaction will complete immediately.


Using your SLL balance go to Exchange and select BTC/SLL, then buy BTC with all your SLL and your BTC balance will be added immediately.


Now click on the withdraw link and you will see the amount of bitcoins in your account that you can withdraw immediately. Enter your bitcoin address from HitBTC

Click deposit and choose your deposit method as bitcoin and this will generate a bitcoin address (code) for you to copy and paste in your virwox as your BTC receiving address. Then click send to send your bitcoins to HitBTC.

Check your HitBTC account after 10 to 15 minutes your bitcoins would have cleared and added to your account balance.Select exchange XRP/BTC top left dropdown menu if you are on desktop. Then click buy/sell this will take you to an exchange page, select limit order and under buy XRP enter the amount of XRP you wish to buy then place order and your XRP will immediately be loaded to your account…

Now you have XRP, what next... Hold Hold Hold! 

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