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Ask HN: What is the safest way to purchase Ripple?
I want to invest some money in Ripple but I'm nervous about the process of actually buying some. It seems overly complicated with many click-bait articles explaining how to do so. Can anyone give a recommendation for a reputable place to buy Ripple from? I'm UK based.
- Azurras 9y agoBuy bitcoin on Coinbase, transfer that to poloniex, then buy ripple using bitcoin on poloniex.
- matchmike1313 9y agoI have had good success with Binance. Just like Azurras said buy on CoinBase (BTC / ETC) and deposit to Binance so you can make the purchase of XRP.
- wmeredith 9y agoWord of warning: Binance’s withdraw fees are bordering on insane. https://reddit.com/r/CryptoCurrency/comments/7nyqr1/a_brief_list_of_binances_ridiculous_withdrawal/ https://reddit.com/r/CryptoCurrency/comments/7nyqr1/a_brief_... Disclaimer: I have no affiliation with any exchange.
- jesperlang 9y agoI have used both Bitstamp and Kraken for Ripple. Bitstamp is probably the easiest, allowing direct purchase using credit cards. Kraken has had major scaling issues but performance seem to have improved after a recent upgrade..
- tradinghall 9y agoI put together a guide for buying cryptocurrencies in the UK. The basic approach is to buy Ethereum on Coinbase using a card/bank transfer, transfer to GDAX and then transfer to Binance. Here's the guide, any feedback is appreciated: http://tradinghall.com http://tradinghall.com
- garrypettet 9y agoThanks for the responses. Unfortunately I've registered on about 6 different exchanges (including the ones mentioned) but all are pending verification. Looks like a lot of these exchanges are struggling with scale...
- drdrey 9y agoWhy the sudden urge? Ripple has been around for 5 years
- ecesena 9y agoOn kraken.com you can buy ripple/XRP (I'm not affiliated).