Author

Topic: What are the good place to buy and sell ripples ? (Read 390 times)

legendary
Activity: 1039
Merit: 1005
Is that even possible yet? I was under the impression it hasn't been fully activated.

If you have an account (which is actually not difficult to get, just a little hidden) it is already possible to move Bit- and other coins through the existing (few) gateways.
Bitstamp.net supports ripple, so if you already have an account there, it's easy (even setting up an account is not hard there). They exchange BTC, USD, EUR and maybe some other currencies.
There's another service (dividendrippler.com) that does import/export without registration and supports LTC and TRC.

However, you should be aware that ripple is in beta, is not fully open source (server side is still closed), and the exchange rate of XRP can vary wildly (through the release of free ripples by the developing company). Don't speculate with ripples! Buying a small amount (just enough to set up some credit lines etc) for experimenting with the system is ok IMO. However, although I think the idea is great and might be a good addition to the cryptocoin infrastructure the system might just fail, essentially making your ripples worthless and any other currency stored in the system difficult to retrieve (actually these currencies are always stored in the gateways, ripple is just a ledger for bookkeeping).

Onkel Paul
newbie
Activity: 33
Merit: 0
I've just succeeded in getting my first ripples via BitStamp. This might help: http://www.btcpedia.com/how-to-buy-ripple-xrp/
newbie
Activity: 18
Merit: 0
Thanks!

i would suggest ripple.com and make bitstamp as an exchange.
i do it from there.
newbie
Activity: 7
Merit: 0
Is that even possible yet? I was under the impression it hasn't been fully activated.
newbie
Activity: 28
Merit: 0
Thanks!
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