The Ripple Thread

21-12-2017 3:50pm

Carroller wrote: »

So you'd be best off buying ethereum to buy ripple through binance? Sorry for the questions I'm purely doing this for a small amount as a bit of a hobby

I'm in a similar boat to you. I just completed the XRP (Ripple) purchase process the following way.

1) Set up a Coinbase account. I tried cex.io originally, but 5 days later I'm still waiting on card verification from them. Coinbase had it all done in less than a day.

2) Purchase some Ethereum on Coinbase once your account is verified.

3) Set up a Binance account. To get trading on Binance you only need to go through 1 level of verification here (Password and Google authentication). No need for passport scans and selfies to get your XRP.

4) Send your ETH from Coinbase to your Binance account. Make sure you deposit it in the ETH section of your Binance account.

5) On the Binance Exchange page (Basic) you can now trade your ETH for XRP.

The above is my own simplified version of the following guide:

https://www.cryptoguides.org/how-to-buy-ripple/

It's written for BTC to XRP, but the author states at the end that you can use it for ETH to XRP just as easily. I can confirm this having just made my first XRP purchase that way.

Good luck.

DANNY2014 · 21-12-2017 4:10pm

We have hit the good ole euro folks... Onwards and upwards... HoDL HoDL HoDL...

dashoonage · 21-12-2017 4:18pm

What exchanges are people seeing 1 euro on ? Fooking kraken is so far behind

Tinder Surprise · 21-12-2017 4:20pm

DANNY2014 wrote: »

We have hit the good ole euro folks... Onwards and upwards... HoDL HoDL HoDL...

Here i am watching it rally and not able to spend my money :mad:

dashoonage · 21-12-2017 4:21pm

Tinder Surprise wrote: »

Here i am watching it rally and not able to spend my money :mad:

If its any comfort youve an epic username!

21-12-2017 4:25pm

Tinder Surprise wrote: »

Here i am watching it rally and not able to spend my money :mad:

What's happening? Are you still waiting on funds to deposit by SEPA?

Edit: Yep, just saw your earlier post. That sucks.

dashoonage wrote: »

If its any comfort youve an epic username!

Yep, classic. Had a genuine LOL when I first saw it.

justback83 · 21-12-2017 7:45pm

...

Bigmac1euro · 21-12-2017 9:35pm

just a note for people talking about crypto on here,
be wary of what you say. I wouldnt be throwing figures around, people know how much you hold and you could be suspect to attack in future. i understand its only small amounts

But well done to everyone though. Onwards and upwards

sReq | uTeK · 21-12-2017 10:20pm

Bought 5000 ripple at 0.22 about 2 months ago, sold it

for pretty much the same as didn't think it was going anywhere.

With that said, I did buy some IOTA at .90 and sold for 5.20

Going to buy back into Ripple in the next few days, just want to see where its going.

SteelyDanJalapeno · 22-12-2017 1:17am

1.12 wtf

DVD-Lots · 22-12-2017 1:20am

F5 1.17......F5 1.19....F5..........MOOOOOOOOOOOON!!!!

I need to go to bed and switch off.......one more F5.......

EagererBeaver · 22-12-2017 1:28am

Finally got around to buying in an hour ago. Up 10%. Christ on a bike!

Selik · 22-12-2017 2:32am

Hit 1.225 on Bitstamp a short while ago. Proving an excellent hedge right Now against the big drops everywhere else!

icanmunch · 22-12-2017 9:56am

Not sure if I'm doing something wrong lads but I just sent €40 worth of Bitcoin to my binance account to test it before I make a larger transaction but I was charged a €25 network handling fee. Is that normal?

GreeBo · 22-12-2017 9:57am

icanmunch wrote: »

Not sure if I'm doing something wrong lads but I just sent €40 worth of Bitcoin to my binance account to test it before I make a larger transaction but I was charged a €25 network handling fee. Is that normal?

Yep, try not to trade in btc

Pudsy33 · 22-12-2017 10:18am

icanmunch wrote: »

Not sure if I'm doing something wrong lads but I just sent €40 worth of Bitcoin to my binance account to test it before I make a larger transaction but I was charged a €25 network handling fee. Is that normal?

Use Ethereum, it's cheaper to transfer.

Anyone else having binance problems? Trying to deposit and failing.

icanmunch · 22-12-2017 10:50am

Thanks guys. Just one last question, when you have your ripple purchased, are you storing it in binance or saving it elsewhere?

JustShay · 22-12-2017 1:09pm

icanmunch wrote: »

Thanks guys. Just one last question, when you have your ripple purchased, are you storing it in binance or saving it elsewhere?

I'll try help out with this one. Firstly I will explain what I do.

I use Bittrex to store my coins. Now it is only an exchange so shouldn't really be used to store coins. Using an acutal Crypto Wallet is the most secure way. There's no harm storing them on the exhange sites.

What do I do if I get scared something is going to crash, say Ripple? I exchange my Ripple to USDT. USDT or 'Tether' is a currency that never goes above or below a dollar. So you can exchange most popular currencies to USDT on Bittrex, when you want to keep your money safe.

If I wish to withdraw the USDT, I quickly exchange all of it to Bitcoin, send it to Coinbase, and transfer it to my Euro Account. I can then withdraw to bank account.

Let me know if you need a hand with any of that.

JustShay · 22-12-2017 1:12pm

Mr.S wrote: »

Is there any substance to those rumours? Every source is either a faked webpage or just someone saying "I know someone at Coinbase and they said it's coming"

Lets hope, being added to Coinbase would be huge as everyone will want in due to the cheap price.

Peaked $1.38 this morning and its not even 2018...:pac:

Tinder Surprise · 22-12-2017 1:16pm

Sorry lads I must be pissing you off by now but i am gonna have another moan.....

Coinbase are now saying up to 10 days for SEPA transfers to show, so heads up

SteelyDanJalapeno · 22-12-2017 1:22pm

JustShay wrote: »

I'll try help out with this one. Firstly I will explain what I do.

I use Bittrex to store my coins. Now it is only an exchange so shouldn't really be used to store coins. Using an acutal Crypto Wallet is the most secure way. There's no harm storing them on the exhange sites.

What do I do if I get scared something is going to crash, say Ripple? I exchange my Ripple to USDT. USDT or 'Tether' is a currency that never goes above or below a dollar. So you can exchange most popular currencies to USDT on Bittrex, when you want to keep your money safe.

If I wish to withdraw the USDT, I quickly exchange all of it to Bitcoin, send it to Coinbase, and transfer it to my Euro Account. I can then withdraw to bank account.

Let me know if you need a hand with any of that.

This is a good explanation, but Tether can go below a dollar it is not way linked to the Dollar, it has the potential to destroy the crypto market imo if people assume its = USD.

Your method of swapping to BTC and then to Coinbase is sound but expensive, you'll pay 2% swapping from BTC to Euro on Coinbase, and another fee when you finally withdraw. This is massive imo.

BKtje · 22-12-2017 2:09pm

Tinder Surprise wrote: »

Sorry lads I must be pissing you off by now but i am gonna have another moan.....

Coinbase are now saying up to 10 days for SEPA transfers to show, so heads up

Made a transfer on wednesday and available in my account late this morning.

Colleague did the same and it was returned to him as it was taking so long.

In case it has any bearing, this was my third transfer and it was his first.

22-12-2017 3:48pm

75 c USD now...
not far off halving in a day from peak

DANNY2014 · 22-12-2017 4:37pm

glasso wrote: »

75 c USD now...
not far off halving in a day from peak

Everything is a sea of red today... Nearly 200 billion gone from the marketplace... This morning they were at 55 euro cent at 5am... Since then they gained back up to 90 cent and back down again... So basically sale now on Buy the dips-HoDL=purchase an island...

millhouse · 22-12-2017 4:38pm

Here we go again , the rollercoaster continues. Ripple gone from â‚¬0.87 toâ‚¬0.59 to â‚¬0.79 over the past few hours. My heart is broken constantly pressing refresh. Are things not supposed to slow down around Xmas?

millhouse · 22-12-2017 4:41pm

Was there supposed to be some sort of announcements expected from the people at ripple over the coming days

DANNY2014 · 22-12-2017 4:43pm

Ripple is a long term game... 2018 will be nuts...

22-12-2017 5:37pm

DANNY2014 wrote: »

Ripple is a long term game... 2018 will be nuts...

what's your theory on that?

DANNY2014 · 22-12-2017 5:48pm

glasso wrote: »

what's your theory on that?

No theory this is all 100% speculative nobody knows where anything is going... 2018 will be nuts for altcoins imo... Not just ripple... It's all one big gamble a game of wait and see... Don't put in what you can't afford to lose...

crushproof · 22-12-2017 9:03pm

I've been ignoring the blood bath reports today. It was bound to happen at some point. The manipulators had to have their day eventually. And anyway major fluctuations have been part and parcel of crypto.

Unlike a lot of folk (look at reddit) I'm ignoring it all and shall enjoy Christmas. Looking forward to the gains in 2018!

ED E · 22-12-2017 10:15pm

DANNY2014 wrote: »

No theory this is all 100% speculative nobody knows where anything is going... 2018 will be nuts for altcoins imo... Not just ripple... It's all one big gamble a game of wait and see... Don't put in what you can't afford to lose...

You need to have a theory, or suspicion, or something more than gut feeling.

BTC will persist because its BTC. LTC is a maybe. BCH/BTG are both on unsteady ground. Eth has potential to be useful so is a safe long game.

Ripple is a mess tbh, not a full CC in the normal sense. Could easily go the way of DOGE/YAC etc.

Carroller · 22-12-2017 10:20pm

I don't have much XRP I'm just in it for the ride, but a quick question. Mine is currently on binance exchange. I understand it's not entirely safe on the exchange so let's say if I move it to toast wallet for ripple it will coast 20XRP. My remaining XRP will they continue to go up and down in price like they do on the exchange. Or do I only lob it on the exchange to sell them?

EagererBeaver · 22-12-2017 11:59pm

How does this question keep coming up for all the coins?!

It doesn't matter where you hold your coins. The value of a ripple is the value of a ripple (it will obviously vary depending on what exchange you check) whether you keep it in an exchange, in a wallet, on a piece of paper stuck up your arse etc.

Think about a euro. Whether it's in the bank, or sitting in PayPal or in a coin in your pocket, that doesn't affect how many dollars you can get for that euro.

GreeBo · 23-12-2017 12:01am

EagererBeaver wrote: »

How does this question keep coming up for all the coins?!

It doesn't matter where you hold your coins. The value of a ripple is the value of a ripple (it will obviously vary depending on what exchange you check) whether you keep it in an exchange, in a wallet, on a piece of paper stuck up your arse etc.

Think about a euro. Whether it's in the bank, or sitting in PayPal or in a coin in your pocket, that doesn't affect how many dollars you can get for that euro.

XRP is slightly different in that you lose 20 of them for each wallet/address you have.

But yeah other than that its value is its value.
I think people are confusing exchanges with banks giving them interest or something...

EagererBeaver · 23-12-2017 12:06am

Yeah but the 20 XRP is essentially just a fee. The value of each unit that you have doesn't change just because you've moved it from one place to another!

GreeBo · 23-12-2017 12:08am

EagererBeaver wrote: »

Yeah but the 20 XRP is essentially just a fee. The value of each unit that you have doesn't change just because you've moved it from one place to another!

Agreed, but you lose 20 for every wallet, so having xrp on 5 exchanges and a wallet is choosing you 120 xrp.
Just something to be aware of.

EagererBeaver · 23-12-2017 12:11am

Yup, anyway, back to good news. It's absolutely flying again. Good old bouncbackability.

Carroller · 23-12-2017 12:14am

EagererBeaver wrote: »

How does this question keep coming up for all the coins?!
.

Just wanted to be sure. Better off asking here than getting a million different answers through Google. Still new to this craic as I'm sure many others are so likely won't be the last time it's asked too. Just wasn't sure of the actual benefits of leaving it in the market. But as you said it's flying again so back to positive talk

EagererBeaver · 23-12-2017 12:17am

Benefit of leaving it on the market is ability to sell it quicker. It may be less secure than a wallet. Keeping it in a wallet will be more secure but if you want to sell you've obviously got to get it onto an exchange first.

blindside88 · 23-12-2017 12:20am

Hey guys,

I currently have a coinbase account and have a bit of bitcoin, ethereum and litecoin. I now want to add a bit of ripple but bitrex is closed for new accounts for the time being. Any suggestions of other reputable exchanges to purchase ripple on?

EagererBeaver · 23-12-2017 12:30am

Binance. Move LTC there from coinbase. Trade it for BTC. Trade the BTC for XRP.

blindside88 · 23-12-2017 12:32am

EagererBeaver wrote: »

Binance. Move LTC there from coinbase. Trade it for BTC. Trade the BTC for XRP.

Can XRP be purchased through LTC or is it BTC only?

Carroller · 23-12-2017 12:39am

blindside88 wrote: »

Can XRP be purchased through LTC or is it BTC only?

I bought ETH though coinbase, transferred it to binance and traded it straight for XRP

EagererBeaver · 23-12-2017 12:48am

You can purchase it through BTC, ETH or USDT. No LTC/XRP market.

blindside88 · 23-12-2017 12:57am

Thanks guys,

I appreciate the quick responses

millhouse · 23-12-2017 1:01pm

Would santa be good to everyone this year and get ripple to 1 Euro? Merry Xmas ripplers

Tinder Surprise · 23-12-2017 4:42pm

millhouse wrote: »

Would santa be good to everyone this year and get ripple to 1 Euro? Merry Xmas ripplers

Just broke the €1 ceiling and that's after some consolidation, so are we looking at a new floor?

dashoonage · 23-12-2017 4:45pm

Tinder Surprise wrote: »

Just broke the €1 ceiling and that's after some consolidation, so are we looking at a new floor?

What exchange are you on ? it seems to be a magical and wonderful place ahead of all the others...

not doubting you or anything......i just want in :P

EagererBeaver · 23-12-2017 5:33pm

Yeah, I haven't seen it anywhere near a euro for a while.

ED E · 26-12-2017 12:02am

Sell my free XRP that I got back in '13/14 or hope it goes stratospheric in 3-5yrs? Really not sure.

The Ripple Thread

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