Recently Ripple cryptocurrency surged too much and there was huge traffic of people wanting to buy Ripple.
For those of you who don’t know what is Ripple is?
Ripple is a cryptocurrency famously dubbed as a currency for banks.
But as most of you must be knowing that cryptocurrencies and banks don’t go well together and that’s why this currency was rubbed away by many well-knowledged people.
But we all know that money is after all money and many investors made a humongous profits last year by investing in Ripple.
In the past month alone, the price has gone from $ 0.25 to $ 2.10 and looks like it will surge further this year.
And because of this hyper rally Ripple has caught the attention of many investors around the world and some investors are still seeking to invest in it.
So if you have BTC already then you can use any of the following methods that I am suggesting to convert them into XRP.
How To Exchange XRP For BTC
There are several ways of exchanging and buying XRP for BTC but for this write-up, I will only list those ways which we have used personally and are confident of.
1. Changelly (For Instant Exchange)
Changelly is popular cryptocurrency swapping exchange which provides you fast access to different cryptocurrencies in exchange for BTC.
And the best thing is that there is no need of KYC or lengthy form registrations to use Changelly.
However, Changelly requires you to sign up with an email ID, but you can use an alias one if you don’t want to reveal your identity. I personally use Changelly for their competitive exchange rates and viewable transaction history for tracking.
You will require the following things to get Ripple from changelly:
- XRP address where you would like to get your Ripple tokens. (Choose XRP wallet)
- Some bitcoins to exchange for Ripple.
Note: This guide shows how to buy Ripple in exchange for BTC in step by step manner, so you need not worry about anything.
Binance is my favorite cryptocurrency exchange and the more I say about the more I feel I said less about it because of its fabulous service to crypto-space.
Binance started from China and concluded its ICO in mid-2017. And Since its ICO to date, it has grown tremendously and is now placed in on spot #1 cryptocurrency exchanges in the world. It now has more than 140 altcoins listed on it which are only increasing as the days are passing.
You can also get Ripple from Binance exchange if you have BTC already.
Ripple (XRP) can be bought and exchanged for BTC from Binance in following trade pair and the volume is also pretty decent for huge orders:
- Supported XRP Pair: XRP/BTC,
Binance also has a mobile app for the people who want to exchange XRP for BTC on the go. Here is short and cool video walking you through the mobile app’s UI.
You need to transfer BTC and then exchange it for XRP. The process is the same as shown in the video above.
Before Binance Bitfinex used to be the exchange with the highest volume but it hardly makes any difference because it is still in the Top 3 exchanges by volume.
And interestingly it also in the top 3 for providing liquidity for XRP/BTC pair, which means it an ideal place for anyone to exchange XRP for BTC.
But the only drawback is that it not that swift like Changelly or Binance because their registration process takes time where you have to do a lengthy KYC verification which typically takes 15-20 business days. That’s why if you want to use Bitfinex then prepare well before and to get started on Bitfinex, you will need to register, verify your ID, and authenticate yourself for sure.
- Supported XRP Pair: XRP/BTC
Conclusion- Best ways to convert BTC to XRP
I have listed some the best ways to convert BTC to XRP so you can read each of them and feel free to choose the best option for yourself.
And a word of caution is that I have seen a lot of people losing their cryptos by keeping it on exchange wallets. And CoinSutra discourages this practice openly, so if are a bag-HODLer of XRP then I would recommend you get Ledger Nano S hardware wallet which will ensure that you stay in total control of all of your coins.
Like this post? Don’t forget to share it!
Here are a few hand-picked articles for you to read next: