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How to Buy XRP?

how to buy xrp token

XRP, Ripple’s token, facilitates efficient and low-cost cross-border fund transfers, ensuring instant and trustless transactions. Its main purpose is to act as a bridge currency, providing financial institutions with a more economical method to exchange various cryptocurrencies and fiat currencies.

Step-by-step

  1. Create a LCX account

Sign up or download LCX Mobile and start the sign up process. You will need a valid ID and proof of address in order to transact, so be sure to have those ready. Verifying your ID may take longer than a few minutes, depending on where you live. Click here to get verified

2. Deposit token

Click on “Wallet” and then “Deposit”. Choose the “Coin”, Choose the “Provider” and deposit the token. 

3. Start a trade

On exchange.lcx.com/ , select trade and choose the XRP pair that you want to trade. Select “Buy” or Sell,”  enter the bid and amount you want to buy, and click buy XRP. 

4. Done

Once the order is processed, you will receive an order confirmation email. That’s it, you’ve bought XRP.

About Ripple

Ripple is a privately-held fintech company that provides a global payment solution via its patented payment network called Ripple Network (also known as RippleNet). RippleNet is a payment network that is built on top of Ripple’s consensus ledger, called XRP Ledger (also known as XRPL). Ripple funded the development of the open-source XRP Ledger.

About XRP

XRP, Ripple’s token, facilitates efficient and low-cost cross-border fund transfers, ensuring instant and trustless transactions. Its main purpose is to act as a bridge currency, providing financial institutions with a more economical method to exchange various cryptocurrencies and fiat currencies.

Buy $XRP

Only registered users of the LCX platform are eligible to purchase the Tokens. The Issuer will not sell any Tokens where potential buyers are citizens or residents of restricted jurisdictions as determined by the Issuer. In particular, restricted jurisdictions are the United States of America and China, further, any US persons are prohibited from participating. 

The content on the page is provided by Ripple Team

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