Binance is one of the best cryptocurrency exchanges in the world for individuals to acquire digital assets and trade virtual currencies. Users can also buy Ripple (XRP) the fourth-largest virtual currency in the market using Binance in just a few seconds.
In this guide, we will share with you how to simply acquire XRP and start holding, trading and handling this digital asset. You can buy XRP in different ways using Binance and we will share with you all the methods that there are in this platform to acquire XRP.
Buy XRP Using Binance
In order to buy XRP from Binance, you will have to open an account on this platform. This is going to be a very easy thing to do considering they will only ask your email, a password and that’s all you will need. Of course, you also have to provide basic information about you.
Once you have your account created it will be much easier to acquire XRP through the Binance platform. In order to do so, you will need to decide in which way you want to acquire XRP considering that you can do so through different options. Binance is a very useful exchange, meaning that there are several options for you to acquire this cryptocurrency.
The easiest way to buy XRP using Binance is by using a debit or a credit card. This is going to be the fastest and easiest way to get the funds you want on your account in just a few minutes. As you can see in the image below, you will only have to press the “Buy Crypto” option on the top of the screen next to the Binance logo.
You will be able to select the cryptocurrency that you want to buy using a lot of fiat currencies. You can use VISA or Mastercard and the transaction will be processed in just a few minutes.
Binance is also offering users the possibility to buy cryptocurrencies through third-party providers. They will help you to acquire digital currencies, including XRP in a fast and easy way. However, these services may be more expensive than traditional credit or debit card purchases.
Buy XRP Using Traditional Exchange Services on Binance
If you already have cryptocurrencies and you want to acquire Ripple (XRP), then it will be an easy task to do. If you have the funds already in Binance then you can go to the exchange Binance is offering and exchange your coins for XRP.
If you do not have cryptocurrencies on Binance, you will have to send funds to Binance. We have made a guide about how to deposit funds on Binance that you can check at any moment.
Once you have deposited funds on the Binance exchange, you will have to select the Spot option on the top of the screen and select the exchange you want to use. The easiest way is to use the Classic view that would provide you with all the necessary information you need to buy and sell cryptocurrencies, including XRP.
Once you are in the Classic exchange, you will have to select the pair you want to trade. If you have Bitcoin, then you will select the XRP/BTC trading pair. Instead, if you deposited Ethereum, you will choose the XRP/ETH pair, and so on.
In the lower part of the screen, you will have all the necessary information in order to continue with the transaction and exchange your digital currencies for XRP. You need to decide the price of XRP you want to pay and how much BTC or ETH you want to exchange for Ripple.
You will also have information about the price of this specific trading pair in the last hours, days or even months. This would help you make a better decision on how to acquire one or another cryptocurrency.
In this guide, we have explained to you how to easily acquire XRP using the Binance platform. Of course, this is not the only way you have to earn rewards through the Binance exchange, there are many other ways you can use in order to have access to the cryptocurrency market and get some XRP coins.
Binance is a very intuitive platform and it offers great services for you to have the possibility to expand your portfolio and get some XRP in just a few seconds. What are you waiting for to enter on Binance and acquire XRP?