So guys it took me almost a week to figure out how to buy Ripple coins on Binance. Thanks to some of the guys pionted to this website. Basically, I already had an account on Coinbase.com and bought some Litecoins a few days ago.
In order to buy Ripple, first create an account on Binance.
2ndly, transfer either the Litecoin, Bitcoin, or Eth to the wallet in Binance. You need to go to Funds and then click on Deposits Widthdrawls. Type BTC or LTC (whatever coins you are transferring from Coinbase). Make sure to select the correct Wallet address (Bitcoin wallet for Bitcoins only etc).
3rdly, once the transfer is complete (takes about 10-15 minutes to show the balance with which you can buy Ripple).
If you transferred LTC to Bininace, you need to exchange them to BTC because the only way you can buy Ripple on Binance is via BTC / XRP transaction. To exchange click on Exchange (basic), type LTC/BTC, in the sell LTC section, enter amount (I selected 100%) and click on sell LTC (to BTC).
4thly, now you have BTC in your Binance account, do the same by clicking on Exchange > Basic, and now type XRP in the search box. This time you are selling BTC to XRP. Boom you own Ripple coins now. Hopefully, that helps. If you like the info, try using my referral code or the URL to sign up with. My Referral ID: 12757791 https://www.binance.com/?ref=12757791
Iota just confirmed they have no formal partnership with Microsoft. We may soon see a massive Iota sell off that funnels into Ripple. Hold on ladies and gents!
Found the book here! https://www.slideshare.net/daengdanny/japanese-candlestick-charting-techniques-by-steve-nison-22012682
You can download the pdf and print it out or just buy the book ofcourse :)
I disagree. I think big news would be wasted right now. When sentiment is neutral and people are deciding what to do would be ideal, rather than now, while people are desperately trying to protect their investment.
>Ripple owning 60% of coins might scare them.
The funny thing about banks is that they get scared when people AREN'T making money. They are not open source developers.They're used to paying someone for services provided to them, if those services are faster international payments why not.
>The price of a single coin doesn't matter to banks as they just use it to transfer money.
You are correct. The price does not matter, however, volume does. Look at all the different markets Bitcoin has: https://coinmarketcap.com/currencies/bitcoin/#markets - Each of those orderbooks is separate. Different pools of liquidity. Traders tend to congregate on one market. That is why there aren't dozens of stock exchanges in the U.S.
>The number of coins is fixed to 100 billion. This means if one coin equals 1 USD banks can move max 100 billion dollars every day. This is to assume nobody else has any coins.
That is a little incorrect, since you can execute multiple trades per day. Especially with how quickly money settles you'll see much more rapid trades and wealth transfer.
Now compare that to the current system... would you rather be able to move your 100billion once per day and have it settle eventually or be able to trade it thousands of times per day and have it settle in about 4 seconds?
>As long as the price of one coin is stable there is no need for banks to use another coin.
XRP's value prop is the glue on the orderbook. It is an instrument to easily access pools of liquidity all around the world. That is why banks will want to use it.
If you're in the States or Europe check out Revolut. Feeless banking that uses ripple for cross border payments. Can't wait for it to come to Canada. There's this dope feature that lets you round to the nearest dollar and automatically buy crypto with the change. What a sweet way to accumulate.
If you have any programming skills or want to dip your toes into simple programming, a quick way is to use Ripple's NodeJS library ripple-keypairs (https://github.com/ripple/ripple-keypairs). At the end of the day it's the only piece of software I would trust with my private key. This library enables you to create a seed (aka the secret), generate cryptographic keys, and to derive a public key/address. I've used this method myself several times to create paper wallets. Since you already have the secret, I've skipped the step of generating one in my example:
Prerequisites: NodeJS and NPM. Get it at https://nodejs.org/en/
With that done you are ready to use your secret (starts with an "s" e.g. s12345blablalotsofstuff) to derive a crypto keypair, and then derive the public address/key:
Happy coding!
I love the way Forbes is bullish on XRP, we may have FUD hate from some media but we still have a huge support from other ones, and the partnerships talk for themselves. The bad thing is we depend on millions of people to get convinced of buying, and we are certainly growing up, but who knows how many months or even years it may take to see a major growth. 😮
Maybe it is..
Check their twitter. No post since ico hahah. Seems like they vanished with the ico money
Market capitalization is not a useful metric for understanding the value of XRP. The world remittance market is a valid measure of that.
This is just a start on understanding it: https://steemit.com/cryptocurrency/@lennartbedrage/the-ripple-xrp-effect-fundamental-analysis
Kraken support here. You can obtain XRP on Kraken. Available currency pairs are here (just go here and keyword search for XRP on the page): https://www.kraken.com/help/fees
As this was a question about the Canadian experience, one of the pairs is XRPCAD.
I would say buy it . Its still very low if you think about it , also if you are looking for website to buy ripple from i suggest Binance , no verifications needed :)!
I purchased some recently in the Uphold app. (Website here: https://uphold.com/en-us) I've been using uphold to store BAT that I earn using the Brave browser. I noticed recently that you can also buy various coins and tokens. XRP is the first token I've purchased.
Lol,
Update: Seems like this has been brewing since May of this year https://www.dash.org/forum/threads/proposal-open-source-dash-gateway-on-ripple.14765/
will provide follow-up as I learn more
Today they announce R3 using XRP soon, and almost every single day there are good news or a new partner for Ripple, really hate the fact this doesn't benefit the price at all, good news in a bear market are as good as a super computer without electricity... 😓
> BCH can handle 24 per second. BTC can handle 24 per second.
You joke right ? If both can handle this, why the hell did they fork in first place ?
> BCH average transaction is $0.26
In what world ? There is a website called Yours. They sent me over 70+ sub 0.1$ payment. BCH fees are just super low : here is a transaction of yours confirmed in next block, the guy paid .02$ fee to send money to 6 guys.
Please verify the things you are saying. Even if this subreddit is for XRP, please do not say false things on any other crypto. Trying to bring people into Ripple with false statement cannot be cool for the future.
Hey man buy some ethereum in coinbase, transfer to binance. Sign up to binance here: https://www.binance.com/?ref=11883708
That link has my reference code but yeah sign up on binance there’s no i.d verification needed so it’s a straight sign up and trade kinda deal. Buy the ripple with ethereum on binance.
It comes from the bid-ask spread. I agree, I don't care for the large spreads. Yours looks around 1.8%.
As liquidity goes down, spreads become larger.
It's the best blockchain, just the best, you can ask anyone. I know it. You know it. Everybody knows it. Now could someone just call Hannity? He knows too... source: https://emojipedia.org/aubergine/
As said in Benjamin Graham’s “The Intelligent Investor”, the intelligent investor aspires to be simply average.
You aspire to see 100x, good luck with that. Likely will lead to you trading your coins around chasing the jumps in the market.
I aspire to be a measly 4x. 8x would be amazing. And I can hope for it sitting back and letting my coins sit because I trust in the purpose and tech of XRP and am not stressing myself out looking for crazy gains that comes with coins that are probably much more of a gamble.
Since when does xrp follow btc in price drops?
https://cryptowat.ch/bitfinex/xrpbtc/4h
It seems if anything that xrp has gained slightly against bitcoin since Dec 17. Also the chart is looking kind of bullish to me.
guys , if you dont like all these websites with verification processes, and you have coins to buy ripple with i highly suggest you use Binance , no verifications needed and very good site overall :)
Stellar is an open-source, distributed payments infrastructure. It is a leapfrog technology that connects people, payment systems, and banks with a focus on the developing world. It lets you facilitate multi-currency and asset transactions quickly, reliably, and for a fraction of a penny by using a crypto-asset called Lumens (XLM) as a bridge.
Might want to edit sooner rather than later to accurately reflect the fee structure. No fees from a linked bank account to a fiat wallet card. 1.4% conversion fee from fiat to XRP whether you go from an Uphold fiat wallet or directly from your linked bank account.
Toast Wallet is a new open-source wallet that will keep your XRP even if all exchanges go offline:
https://play.google.com/store/apps/details?id=com.toastwallet.core&hl=en
https://itunes.apple.com/us/app/toast-wallet/id1266557120?mt=8
I would very much suggest using Blockfolio to track prices and amounts of cryptos you have. Very easy, fast and hypnotizing to use.
Here is for android: https://play.google.com/store/apps/details?id=com.blockfolio.blockfolio&hl=fi For IOS: https://itunes.apple.com/us/app/blockfolio-bitcoin-and-altcoin-portfolio/id1095564685?mt=8
With so much wrong information around regarding taxes - here’s a link with the exact numbers and info for short-term, long-term, single/married, and income level when it pertains to capital gains tax.
https://www.fool.com/taxes/2017/12/22/your-guide-to-capital-gains-taxes-in-2018.aspx
A quick summary: short-term capital gain (you hold for a year or less) is taxed at your income bracket. However, if you make 20k a year (12% tax bracket) but you gain over $500,000 in XRP profit - your tax bracket changes to the highest one with is 37%. Gains can push you out of your income tax bracket.
If you hold for 1 year + 1 day, your XRP are now considered a long-term capital gain, and the highest you would have to pay is 20%.
Just be aware that every time you trade your XRP, it restarts your calendar. Every trade is also a taxable event by the IRS (if you are from the US) and cryptos are seen as property. So when we say HODL, we really mean to hold and stay put. This could save you literally half in taxes.
CMC will add SBI if SBI’s exchange has an API. The API needs to expose the 24h trade volume and the last price for each coin. For example, Poloniex's API endpoint: https://poloniex.com/public?command=returnTicker
Here’s CMC’s request form to add SBI. Don’t know if CMC are actively adding new exchanges without being asked to: https://coinmarketcap.com/request/
Guys, it's not about the average guys that sell or buy here and move the price much. Just check the markets for XRP in https://coinmarketcap.com/ , roughly 65% of volume in the last 24 hours is from Korea.
It's not about the "herd" doing this or that, it's some large companies that got too much XRP to manipulate the price.
Research. But as a start, there are no longer 100 billion coins, only 99,994,523,265 XRP, of which it is getting smaller every day and of which only 38,343,841,883 XRP are in circulation and the balance are held by Ripple and will be in escrow very soon for a planned period of 55 months. NO specific date has been set yet for the escrow ( none that I could find that is).
https://coinmarketcap.com/currencies/ripple/ https://www.reddit.com/r/Ripple/comments/6r9twx/is_there_an_actual_date_for_escrow/
"Now go home and get your fu####g shine box."
I was watching the market, people sell XRP to buy BTC and vice versa. No big deal. BTC is the entry point in all crypto. You pretty much have to buy bitcoin to buy anything else. There's nothing to it.
Want to change XRP for Ethereum or any other coin? XRP -> BTC, BTC -> ETH.
XRP was stable around $0.17, $0.18, until rumors of Kakao bank started popping up followed by the Twitter countdown. Actually no, it was decreasing and it might've reached 0.15. Whatever, everyone had high expectations and expected a cool announcement regarding Kakao. That didn't happen, everyone bailed.
>nothing but video gaming remarks.
Well...I'm mostly active on gaming subs, therefore I can't know anything about another subject, right? Great logic.
Whatever, Reddit isn't the best place to discuss XRP or any crypto from what I can tell.
>Where is that proof? Misinformation maybe. Who said anything about a $2 Billion volume.
Here's an article as proof. You could've seen it yourself if you checked. I don't have a screenshot from a couple days ago but more than $1.5 billion in volume were from exchanges with USD/KRW.
https://coinmarketcap.com/currencies/ripple/#markets
Trust me when I say the trading volume was 2 billion, while Bitcoin's was 2.4 billion. That was August 23rd if I remember correctly.
Well, I'm gonna fire up PUBG. You, mister REGULAR investor, go back to investing. Honk me when you get your lambo.
"Ripple Labs CEO Brad Garlinghouse has addressed the question of a Ripple IPO head-on. When asked in September 2017 on CNBC what the pros and cons of a Ripple IPO would be, Garlinghouse said, 'I want to make sure we have the right managerial maturity, infrastructure, and ability to forecast properly. ... At some point it will make sense. Just not today.'"
https://www.fool.com/investing/2018/01/14/is-a-ripple-ipo-coming-in-2018.aspx
Now we're in 0.3 again... :P Lets pretend yesterday never happened... 😅 (Unless you have ETH... D: ). Good for those who invested yesterday at the low point of 0.26 though...
https://steemit.com/cryptocurrency/@internetotaku/chainlink-ico-was-it-a-scam-or-was-it-just-a-massive-mistake was the last ive read about it, dont wanna spread fud about it but be adviced to check everything out before u go in
Hi there!
You may find our full fee schedule here: https://www.kraken.com/help/fees
Also, please read: https://blog.kraken.com/post/1833/kraken-expands-over-the-counter-otc-block-trading-service/ to find out more about our OTC services.
If you use a decent exchange like Kraken, then the exchange fees are just a percentage of your order and very reasonable. Of course those fees reduce if you do high volumes of trade, but it's not very high to start with.
Starting at:
0.16% for maker
0.26% for taker
https://www.kraken.com/help/fees
First, for future user's reading this. Don't use Gatehub or Changeally, they are screwing people over.
First, if your plan is to buy Ripple, then do NOT buy bitcoin. The reason is you will have much higher transaction fees. Buy Litecoin or Ethereum on Coinbase: https://www.coinbase.com/join/5a31bb2728398502c1ae1fee
Then, when you buy LTC or ETH use binance to transfer the amount you want (for me, it's 100%): https://www.binance.com/?ref=12868620
At binance, you can exchange your LTC or ETH for BTC.
Then, on binance, exchange your BTC for XRP.
It's an annoying process right now, but until XRP comes to coinbase or you get verified on an exchange where you can exchange fiat for XRP, this is what we got.
I personally only trust binance right now because I have used them multiple times and others are reporting positive experiences with them.
It should be pointed out that Binance has the lowest fees and almost every coin. I have about 5 exchange accounts, and it's by far my my favorite for the low fees alone. You can buy XRP using BTC as well if you already bought some. Welcome to the community! :)
As of right now, you’ll need to go through a few steps to buy Ripple if you want to avoid transfer fees. Here’s the easiest and quickest way to do it:
Create a Coinbase Account Go through directed steps Purchase desired amount of Bitcoin, or Ethereum (You’ll need one of these to exchange for Ripple).
Transfer your purchased coins to GDAX Under BTC, go to “Deposit” -> “Coinbase Account” and type in the amount of Bitcoins you’d like to transfer over (this will be the amount of BTC/ETH you’ll use to buy Ripple).
Make a Binance Account Go through directed steps Go to “Funds” -> “Deposits Withdrawals” For BTC, click on “Deposit” Copy the BTC deposit address
Go back to GDAX Under BTC, go to “Withdraw” -> “BTC Address” Paste the address you had copied from Binance into the field Type in the amount of BTC you would like to transfer to your Binance account
Go back to Binance Go to “Exchange” -> “Basic” or “Advanced” (just depends on your preference). Click on “XRP/BTC” on the right-hand column BUY YOUR XRP! (Remember, you’re trading BTC for XRP) Type in the price of BTC you would like to purchase your XRP at. Binance makes it easy by giving you options (25%, 50%, 75%, 100%) of the amount you’d like to buy.
Enjoy!
You can connect your bank account, but it will take a few days for the transfer. IMO this is the quickest way to do it to avoid transfer fees:
Create a Coinbase Account Go through directed steps Purchase desired amount of Bitcoin, or Ethereum (You’ll need one of these to exchange for Ripple).
Transfer your purchased coins to GDAX Under BTC, go to “Deposit” -> “Coinbase Account” and type in the amount of Bitcoins you’d like to transfer over (this will be the amount of BTC/ETH you’ll use to buy Ripple).
Make a Binance Account Go through directed steps Go to “Funds” -> “Deposits Withdrawals” For BTC, click on “Deposit” Copy the BTC deposit address
Go back to GDAX Under BTC, go to “Withdraw” -> “BTC Address” Paste the address you had copied from Binance into the field Type in the amount of BTC you would like to transfer to your Binance account
Go back to Binance Go to “Exchange” -> “Basic” or “Advanced” (just depends on your preference). Click on “XRP/BTC” on the right-hand column BUY YOUR XRP! (Remember, you’re trading BTC for XRP) Type in the price of BTC you would like to purchase your XRP at. Binance makes it easy by giving you options (25%, 50%, 75%, 100%) of the amount you’d like to buy.
Enjoy!
Do you already have coins of any kind? Binance has near instant registration (not even an actual verification process...) But, you can't use fiat to buy coins, you must already have a cryptocurrency. Here is a link: https://www.binance.com/?ref=11583602 (Disclosure, this is a referral link for 50% of Binance's commission fee. Anyone can use this program once they are on Binance.)
Even if you don't transmit anything yourselves I think a lot of your potential business will be wary of using a site that doesn't have a security certificate,
An easy solution would be to use the free open source 'let's encrypt 'method, I haven't much experience of it but I think it's a quick download to your server like the Google verify HTML upload and let's-encrypt sorts out the best method.
https://letsencrypt.org/getting-started/
Good luck 👍
I think you are confusing HOOKS with Codius. The most recent breakdown of HOOKS was this November: https://dev.to/wietse/hooked-2-hooks-security-smart-contracts-on-the-xrp-ledger-83e
If you read all the parts, they mention how Codius was scrapped. Wietse Wind even replied to someone recently telling someone to cool their jets because HOOKS still needs 100% validator acceptance.
Matt,
Simplest terms I can put it: https://shapeshift.io/#/coins
Its so simple to use even I can do it...and by no means am I some sort of computer genius. Extremely user friendly. Its basically instert x for deposit. Insert y for what you want. Find a place to put (I.E. your wallet) Voila you have XRP.
If you hold 10k LBA you earn 10%. So loan them 10k worth of USD and it should be quarterly payments of 250 USD.
Source: https://uphold.com/en/apps/app/credearn
I’m thinking about it but I’m struggling with tying up my XRP..
Compared to about 250 million on the last spike that hit 7 cents, yes I would.
https://coinmarketcap.com/currencies/ripple/
Look at the 3 month chart and compare the volume between the two spikes.
Hi,
The Kraken trading platform supplies a wallet service, meaning that you can store numerous amounts of different crypto currencies (including Ripple/XRP) on Kraken. Our engineers and developers go to great lengths to provide a smooth, safe and reliable platform for you to trade and hold digital currencies. There are both various reasons and upsides to hold your digital currencies on Kraken and for holding in a (personal) wallet. For detailed information on the approach that Kraken takes to security, please review the information on the following page:
Also, I believe the information on the link below might be useful for you:
If you require further information on this matter, feel free to reach out or open a support ticket on our website.
I used Kraken for 2 years. Recently moved all my crypto off Kraken and onto Binance. I use GDAX.com to transfer from my bank, and Binance to buy all the other cryptos i want. Their fees are super low, and they have a mobile app!
I think you are thinking in the wrong direction. The finite cap matters to a certain extend but the root issue is use case.
Do you see ripple transaction being widespread? If you do then it might be worth more, if not then less. What others think don't really matter.
If you are just buying because of the recent pump then read this: https://steemit.com/ripple/@olyup/fck-you-money-the-rise-and-fall-of-xrp
Nothing against XRP since it has it's use case but frankly it won't be something that holds a significant portion in my portfolio.
I checked coinmarketcap.com and there's an exchanger that provide direct XRP to south african rand, as stated here
Maybe try to buy directly from that exchange? I believe the fees will be lower too since you can directly convert your fiat to XRP, bypassing the BTC.
Oh unlucky. Ive just sold all my ripple a while ago and I still wouldn't have done it because I don't trust the internet(sorry...).
Anyways try use a VPN and make an account and see how that goes for you. I'm sure someone living in the US here can give you some instructions.
Check all these exchanges as well: https://coinmarketcap.com/currencies/ripple/#markets
market cap is not a good basis for crypto, I wish folks would stop attempting to speculate on the potential growth of the coin.
Can Swift do this yes, can Mastercard, here's the problem. Both of these companies are playing catch-up believe it or not. They are in the SAME position Blockbuster video was in, it had damm near a monopoly on the video rental industry. They where in prime position to "OWN Netflix"but they lacked the vision http://variety.com/2013/biz/news/epic-fail-how-blockbuster-could-have-owned-netflix-1200823443/
Once Netfilx started to take off they tried to duplicate and/or buy another company that provided a similar service but it was to late.
As far as Zelle, it is "MUCH SLOWER AND MORE EXPENSIVE" than XRP and Stellar https://steemit.com/zelle/@pirateskank/will-zelle-delay-banks-adoption-of-stellar-lumens-and-ripple
Each pair on each exchange should have a separate pool of buyers and sellers. Price tracking sites usually convert everything into local currency to get the best approximation of price.
The per-unit value is affordable because of the overall "supply" in the market; it's measured in billions. To get the value of a crypto, go to Coinmarketcap and look at what's known as "market capitalization" to get a true feel for a crypto's ranking. Right now XRP is #3 by market capitalization: https://coinmarketcap.com/
Buy ETH on Coinbase or, even better do it on GDAX with your coinbase account (It's the same company but there are almost never any fees on GDAX) https://www.coinbase.com/join/5a0deb1846070a0170fd8ef1
Transfer it to Binance https://www.binance.com/?ref=11935952
Buy XRP on Binance.
So, we must grow 1% daily to achieve $2 by December 31st...? 🤔 Seems VERY possible, I only fear a major dump occurs when it reaches one dollar, thousands of people will seek to sell... :/
Thank you, I'll take a look. I mostly follow people on Tradingview. Some names: Dlavrov : he has some of the most effective trading ideas. Pretty impressive. Sean_Vengan : very serious too. Excavo : also very good analysis. Sometimes you have to learn to read between the lines because he updates his ideas a lot.
I get an email every time they post something or update an idea.
And you have this guy: https://steemit.com/@haejin
He's helping me to understand the markets. He's very focused on Elliot Wave patterns and most of his ideas are not interesting in the short term but give the big picture on what is happening in the world of crypto. I'd say not to trust too much his predictions - he's overly optimistic - but mostly get the vibe (like now is not the time to buy, now is the time to sell, etc.) I could have made tons of money if I had listened to his advices.
The interface will take a bit of getting used to compared to Coinbase, but the concept is the same.
If you are interested feel free to use my referral link, it will save you a little on fees: https://www.bitfinex.com/?refcode=KkQpA5Lwfe
Any questions about the interface, or trading in general feel free to send me a PM.
https://www.bitfinex.com/t/XRP:USD
Watch it for a while, then decide. Right now there is support at .25 and resistance at .27. Volume is trailing off, so it doesn't look like there's going to be an imminent panic buying situation (we've already seen one) however that could easily change as other markets wake up to the news.
FWIW the AMEX system doesn't appear to be using XRP at this time, however you never know how the market will take the news.
It is actually getting the coin prices from Crypto Compare API which gets the average coin price from over 100 exchanges. You can see a full list here.
If you're looking for something similar: Swift
If you're looking for something completely different look at Coin Marketcap and see what's your interest. Never listen to advise on Reddit or else. Do your own research. Everyone is biased.
Look at Tether market cap, https://coinmarketcap.com/assets/tether/ most of that money came from the last big dip, and I can bet once bitcoin fiasco is gone it will return to the market in force. If BIP 91 shows big support in two days that money might slowly start coming back until the 1st of April. However if the value keeps close to 80% people will not risk it being a manipulative move from the miners and will wait until the actual lock to be sure.
Can’t cash out but you can move them wherever you like. If you don’t have a binance account you can sign up here Binance that is using my referral code. Transfer coinbase funds straight there and buy ripple straight away with the bitcoin or ethereum you transferred. Very simple method. Bitcoin takes a while to transfer with high fees so i would recommend ethereum
Fastest way is to buy with LTC or ETH. Make an account on Binance. Coolest exchange with lowest fees for trading so far. You can use my referral code to get joining perks. Have a Happy and Safe Trading :)
I believe it will only go up in the long-run. It is rumored it is being brought to Coinbase. Once that happens, I think it will explode. But do some research. As of right now, you’ll need to go through a few steps to buy Ripple if you want to avoid transfer fees. Here’s the easiest and quickest way to do it:
Create a Coinbase Account Go through directed steps Purchase desired amount of Bitcoin, or Ethereum (You’ll need one of these to exchange for Ripple).
Transfer your purchased coins to GDAX Under BTC, go to “Deposit” -> “Coinbase Account” and type in the amount of Bitcoins you’d like to transfer over (this will be the amount of BTC/ETH you’ll use to buy Ripple).
Make a Binance Account Go through directed steps Go to “Funds” -> “Deposits Withdrawals” For BTC, click on “Deposit” Copy the BTC deposit address
Go back to GDAX Under BTC, go to “Withdraw” -> “BTC Address” Paste the address you had copied from Binance into the field Type in the amount of BTC you would like to transfer to your Binance account
Go back to Binance Go to “Exchange” -> “Basic” or “Advanced” (just depends on your preference). Click on “XRP/BTC” on the right-hand column BUY YOUR XRP! (Remember, you’re trading BTC for XRP) Type in the price of BTC you would like to purchase your XRP at. Binance makes it easy by giving you options (25%, 50%, 75%, 100%) of the amount you’d like to buy.
Enjoy!
Hi there! Yes! I would buy more ETH or sell your ETH to buy Ripple. But do some research, as the price has been rising. As of right now, you’ll need to go through a few steps to buy Ripple if you want to avoid transfer fees. Here’s the easiest and quickest way to do it:
Create a Coinbase Account Go through directed steps Purchase desired amount of Bitcoin, or Ethereum (You’ll need one of these to exchange for Ripple).
Transfer your purchased coins to GDAX Under BTC, go to “Deposit” -> “Coinbase Account” and type in the amount of Bitcoins you’d like to transfer over (this will be the amount of BTC/ETH you’ll use to buy Ripple).
Make a Binance Account Go through directed steps Go to “Funds” -> “Deposits Withdrawals” For BTC, click on “Deposit” Copy the BTC deposit address
Go back to GDAX Under BTC, go to “Withdraw” -> “BTC Address” Paste the address you had copied from Binance into the field Type in the amount of BTC you would like to transfer to your Binance account
Go back to Binance Go to “Exchange” -> “Basic” or “Advanced” (just depends on your preference). Click on “XRP/BTC” on the right-hand column BUY YOUR XRP! (Remember, you’re trading BTC for XRP) Type in the price of BTC you would like to purchase your XRP at. Binance makes it easy by giving you options (25%, 50%, 75%, 100%) of the amount you’d like to buy.
Enjoy!
-Shapeshift.io's reddit got alot of ppl saying they are unable to take cryptos out so it seems suspicious -Bittrex,kraken etc require verification which can take multiple days - i suggest to use Binance , no verifications needed so its huge advantage!
I'd say use binance because alot of websites are currently out of stock like changelly , no verifications needed unless u do big amounts :P , heres link with my ref if u dont mind https://www.binance.com/?ref=12635295
Changelly is most likely out of stock. If you need site where to buy ripple with btc and no verifications needed use binance. here is link with my referral if you dont mind :D https://www.binance.com/?ref=12635295
2018 capital gains tax- https://www.fool.com/taxes/2017/12/22/your-guide-to-capital-gains-taxes-in-2018.aspx
Basically, if you HODL for longer than a year, you cross into the profits you take being subject to Capital Gains. +1 year holding the investment is considered a "long term" investment.
"Short Term" is treated as any profits taken from an investment within a year. It is taxed at your normal income tax rate.
Read the article for an accurate explanation, and spread it around. I see a whole lot of miss-information out there right now.
My completely uninformed guess: You're probably right. To make my bias known I hold the position that for both sake of simplicity and good of the crypto market the best play is to let your investment be in the market for a full year. Not saying it's the best but it's definitely my overall view.
I like this article as an introduction to capital gains and how they change come 2018.
Good luck!
https://www.fool.com/investing/2017/12/17/5-big-banks-currently-testing-ripples-blockchain-t.aspx
Then go into the long winded explanation how how terrible, complex, expensive and slow the current cross border payment settlement system is.
Let's forget about XRP price predictions for a while. How do you guys envision the cryptocurrency world 5-10 years from now?
One of the biggest criticisms of cryptocurrency is the YUGE amount of energy consumption due to mining. Ripple's CTO, David Schwartz took a jab at Bitcoin's Proof-of-Work algorithm a "technological dead end". We all saw how much those BTC transaction fees skyrocketed last December. Let's also not forget the delay to confirm a block.
I believe in 5-10 years time, coins such as XRP, XLM, NANO, etc which don't require mining will win it in the long run.
Is there any tentative date when SEC can declare if XRP is a security or not? (I know this seems stupid, XRP doesn't even have any attribute of a security, why does SEC have to do this...? 😭 )
I wanted full offline cold storage for maximum security. I'll import the accounts into a hot wallet when I decide to sell.
https://steemit.com/gatehub/@cmbartley/gatehub-brief-overview-of-ripple-vs-hosted-wallets
As far as acquiring, pick whatever exchange account you prefer. Bitstamp, Bitfinex, Poloniex, Bittrex, Kraken all offer XRP. I have several accounts but gravitated towards Poloniex because I learned their setup first. I haven't compared fees or arbitrage situations.
Not really. HTTP is inefficient for certain use cases. We have WebSockets and WebRTC, to name a couple, within the WWW. Outside the WWW, there are thousands of other protocols for gaming, VOIP, finance, etc. But HTTP has became the defacto standard for bridging apps that speak different protocols. ILP is being positioned to be the same in this Internet of Value.
Edit: Having read this. It looks like they're trying to position ILP as the IP (not HTTP) in the Internet of Value.
Something is moving with Interledger too. I just don’t have a full understanding of how it will work to make XRP a better pair than other currencies...unless XRP is the token connected to all currency pairs. It may be that JPM can use Interledger to help communicate cross chain and move money. Of course, Interledger isn’t finished yet. Ripple is being elusive, and I kind of like that...for now. I’m thinking we are in the lead and about to widen that lead once everything is announced.
Here’s a link: https://www.slideshare.net/mobile/Interledger/34c3-interledger-presentation-background-streaming-payments-and-implications
You should try Poloniex. All you need is to sign up with your email + password and right after that, you can:
I think it's the cheapest way.
well basically it is nothing special but js + our json API https://www.cryptonator.com/api
anyone with some js/css knowledge could build such widgets, we just rolled out a ready-made solution
what we just did is we added our free API to the ProgrammableWeb (pending review)
Yeah...lol!! 2014? Unless this remains a current and ongoing issue why post it here and now? Also, that Stellar blog...one day earlier...in December. 2014!!
Not liking XLM because of their inflationary policies. Inflation is theft IMO.
"The Stellar network has a built-in, fixed inflation mechanism. New lumens are added to the network at the rate of 1% each year. The network also collects a base fee for each operation in a transaction. The funds from base fees are added to the inflation pool."
Jaxx (https://jaxx.io) will support even more currencies/assets in the (near?) future: http://m.marketwired.com/press-release/jaxx-announces-massive-expansion-partnering-integrating-with-70-top-blockchain-projects-2217681.htm
Depending on the fees, I plan on using credit card to XRP via Bitstamp once my account gets approved/verified. That seems it would be the cheapest and easiest, although I don't know yet.
As for today, I purchased LTC via Coinbase instantly with debit. I then setup a XRP wallet through Toast Wallet (search your app store). Then using https://changelly.com, I sent the LTC directly from Coinbase to Changelly.
Changelly has accepted my LTC transaction but is still in the "Exchanging" phase. https://i.imgur.com/HHFrT77.png I should see it in my wallet on my phone shortly. I'll update when it comes through.
Just buy BTC using using one of the popular wallets like Coinbase or Bitstamp, and then use an exchange like Kraken or Poloniex to go from BTC to XRP.
I've used Changelly A LOT too without issues.
On https://changelly.com/ you can buy cryptos (including XRP) with a debit/credit card but I don't know if they accept minors as customers. Also the exchange Fiat/crypto is not very good, check it to see if it's good enough for you. How to: https://changelly.com/blog/how-to-buy-bitcoin-for-usd-with-credit-card/
Yep :) I know you asked this awhile ago but wanted to share this:
https://uphold.com/en/transparency
They are crystal-clear and transparent about their obligations, reserves and the contents of those reserves. They are currently @101.7% reserve status (10:14am PST), indicating that they are at minimum, dollar-for-dollar able to meet the obligations of the asset holders with accounts. I really like uphold so far.
I don't know if Revolut has anything similar. My dog is wiping butt on my carpet so I gotta go.
I don't find the charts like that to be too helpful. It is better to check out something like this:
https://cryptowat.ch/poloniex/xrpusd
And then you will see over on the right a stack representing the same wall you are asking about, however it is shown pivoted and next to it you have the option to group asks and bids into bins of different resolutions - I prefer at times like this to go to the lowest resolution (click the + a bunch of times) and then you can see the largest price point groups and see how even the piles are. This gives you a good indication. If you hover over a group, crypto will also give you a neat summary of how much must be bought or sold for the price to move up or down to the price point you are interested in.
https://cryptowat.ch/poloniex/xrpusd
That'll show you XRP against USD as the trades happen on Polo and you can also setup text alerts as the price moves.
Pretty handy for a few currencies not just XRP. Blockfolio is also pretty good for following all currencies in your portfolio, only available as an app though.
And what would you call XRP's 60x pump and dump in 3 months on almost zero blockchain activity exactly?
Compare ETH's blockchain activity to BTC some time. I think you have some sobering up to do. The ETH price is not what I refer to as performance. Increased adoption, development and blockchain activity are the metrics I use. The price follows.
You also might want to take a look at this: https://coinmarketcap.com/currencies/volume/24-hour
You are in denial, my friend.
You doubled your money. You made profit. Buy into something else (LTC for example). Dont hold you will lose profit.
see te market cap 71% poloniex https://coinmarketcap.com/currencies/ripple/#markets
100% pump and dump
Seen some news about IOTA and Microsoft that they are not a partner but MS consideres them a client? Not sure what was claimed or if community hyped it - but maybe people are moving away and buying into other alts (maybe) https://thenextweb.com/hardfork/2017/12/12/iota-partnership-microsoft-marketplace/
I would assume its split up between the rest of the market, many of them ( like CHIPS) mentioned here https://www.simple.com/blog/international-money-transfers
here is what swift does https://blog.revolut.com/swift-sepa-how-international-money-transfers-actually-work/
It's made by ripple, but you're probably right.
> FYI
> Click here http://ripple.com/client
> Click the "Ripple Trade" logo (left upper corner)
> Click "Migrate to gatehub" button
Just had the same problem.
Dug around and found the installer in their official GitHub page. Bare in mind for this crypto, the ledger needs a stand alone app, not a chrome app. I have run it through VirusTotal and it yieled no virus threats. That and it's posted in Ledgers official github account. That was enough trust for me, so I've installed and had no issues transfering out some to it.
Anyone else verify if it's a trustworthy place? Someone who is using it for a while?
This is the Github page with downloads