XRP is also known as Ripple. It is a real-time gross settlement system, remittance, and currency exchange network created by Ripple Labs. In case you didn’t know, Ripple Labs is a US (United States) Based technology company.
The cryptocurrency XRP was released in 2021. It is built upon a distributed open-source protocol. Note, the cryptocurrency supports tokens representing fiat currency, cryptocurrency, commodities, or other units of value such as frequent flier miles or mobile minutes.
Some people today still do not know the origin of cryptocurrency. This cryptocurrency Ripple was conceived by Jed McCaleb and built by Arthur Britto and David Schwartz who then approached Ryan Fugger who ad debuted in 2005 as a financial service to provide secure payment options to members of an online community via a global network.
Where Can I Buy Ripple (XRP)?
You need a Ripple wallet for you to be able to buy Ripple. You can get this wallet using metamask, trust wallet, or safepal. Follow the steps below to Buy Ripple Successfully.
- Open a Binance account. The first step to buying the coin is creating a Binance account. You can open an account on the binance official site.
- Now you have to download Metamask or Trust Wallet. This is the software wallet you are going to need. Once you download the app on your device, open it and create a software wallet. You will be given a mnemonic code of which you should keep to heart to help recover your account.
- Once your wallet has been created, go to the Binance website and buy binance to your software wallet. Navigate to the browser on the trust wallet or Metamask and search for pancakeswap. On pancakeswap, connect your wallet.
- Now you need to add a Cardano wallet to your portfolio. To do this, open the Trust Wallet or Metamask and tap on the add button. Next, enter the contract address 0x1d2f0da169ceb9fc7b3144628db156f3f6c60dbe.
- Once the software wallet has been added, you can go to pancakeswap and purchase the coin. To do this, open pancake swap, on the second column, enter the contract address 0x1d2f0da169ceb9fc7b3144628db156f3f6c60dbe. Import the coin and enter the amount you wish to buy. The price will be reflected in BNB. Once so, click on the swap button, approve the swap and enter your password.
It’s as easy as that.