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Topic: Which platform should i use to start invest? (Read 205 times)

legendary
Activity: 3122
Merit: 1398
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February 22, 2021, 10:20:51 PM
#18
So , on Binance i can create a wallet ? I am not familliary with this " virtual wallet " stuff , that is why i am asking.

It will be difficult for us to teach you if you are confused about the interface.

I suggest studying the interface first. Binance is the good one. Be familiar with every tabs or found someone close to you to give you a guide if you don't want to self-learn. If you bought XRP before, studying Binance shouldn't be a problem for you. Smiley

For the subject, you can buy XRP at any reputable exchanges where it listed.
jr. member
Activity: 77
Merit: 5
February 21, 2021, 11:10:24 PM
#17
There are many top exchanges to start investing xrp, there is binance which is used by most investors. You can also use Okex exchange. Or you can check this one https://coinmarketcap.com/currencies/xrp/. Check the markets where xrp is available. I suggest you choose the exchange where xrp has the most volume.
hero member
Activity: 2268
Merit: 789
February 21, 2021, 10:57:11 AM
#16
I want to invest in XRP but i dont know from where to start , i dont know any safe platform . I would like some advices or opinions. My experience of investment is that i bought some XRP on Revolut ( but i heard Revolut is not ok). Thanks for attention!

Like what most have mentioned, you have to look for an exchange platform which is compatible and accessible in your country.

Personally, I would recommend using a local wallet platform which is hosted by your country. The only downside is that, those wallets require some kind of KYC in order to fully access its benefits. If you are looking to purchase and to HODL them, I also suggest using platforms which are highly used by people here in the forum (e.g. Binance, etc.).

Do some research and take time to read about these platforms. Lots of reliable sources can be found by doing a simple search. Good luck!
legendary
Activity: 2996
Merit: 1054
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February 17, 2021, 05:16:26 AM
#15
I want to invest in XRP but i dont know from where to start , i dont know any safe platform . I would like some advices or opinions. My experience of investment is that i bought some XRP on Revolut ( but i heard Revolut is not ok). Thanks for attention!
why in so many coins available in market is that XRP what have you choose? you are a Risk taker mate ?i know and trust XRP to grow and grow over the years because we must admit that this is the cheapest currency to trade with lowest fee.

But the thing now is that they are in deep problem in which there is a  possibility that the government may took over the coins and held them on their position .
So better think it over and assign in other altcoins that may keep your investment safer.
Remember when you want to send XRP to some platform  they ask you to include tag that tag help them to update your balance.

if you send XRP without tag you may lost that coins. many exchanges do not support recovery untag payments.


Absolutely wrong , because there are addresses that requires no Tag in sending XRP and that would be depend in the wallet provider the recipient will use.
sr. member
Activity: 2604
Merit: 338
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February 16, 2021, 05:58:31 PM
#14
I want to invest in XRP but i dont know from where to start , i dont know any safe platform . I would like some advices or opinions. My experience of investment is that i bought some XRP on Revolut ( but i heard Revolut is not ok). Thanks for attention!

About revolut?

https://www.reddit.com/r/Revolut/comments/b7b6yd/revolut_is_a_scam/
https://www.reddit.com/r/Revolut/comments/9wyd0a/warning_revolut_just_scammed_me/
https://www.reddit.com/r/Revolut/comments/cu07cv/revolut_scam_swiss_why_did_the_scammer_have_my/

Better pull out those xrp's before its too late.

There are lots of viable options to take when purchasing XRP and it had been already mentioned above.
member
Activity: 295
Merit: 54
February 16, 2021, 12:21:38 PM
#13
Choose from top 20 from this XRP markets https://www.coingecko.com/en/coins/xrp#markets availability depends on your location as some regions are blocking those exchanges so you must select what is the most available in your location and the most easiest to withdraw and deposit crypto.    
legendary
Activity: 2268
Merit: 1379
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February 15, 2021, 10:46:57 PM
#12
So , on Binance i can create a wallet ? I am not familliary with this " virtual wallet " stuff , that is why i am asking.

https://academy.binance.com/en/articles/a-complete-guide-to-cryptocurrency-trading-for-beginners

Here is the complete guide on how to be a binance trader, investor. From account creation and wallet inquiries are all there. Good thing Binance has some this kind of sort of tutorial for new users. Yes it is virtual wallet learn and read first about bitcoin and digital currency so you won't be clueless when you are going to start.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
February 15, 2021, 10:38:53 PM
#11
So , on Binance i can create a wallet ? I am not familliary with this " virtual wallet " stuff , that is why i am asking.

You might want to do some reading first before diving right in to actually buying and investing in these stuff. Take some time and learn the ropes first because the last thing you want is losing your funds because you did something wrong.

https://cryptosec.info/wallets
copper member
Activity: 2156
Merit: 983
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February 15, 2021, 10:08:59 PM
#10
If you investing "HODL" and earn choose coin that have staking platfrom like Cardano or Tezos and start staking, trading is option but kinda high risk if you dont understand pretty well
legendary
Activity: 1554
Merit: 1139
February 15, 2021, 02:55:20 PM
#9
Your intent is of the essence as to what type of investment are you looking to get into.
Do you plan on buying for the purpose of stocking your coin until it increase in value? or
Your investment is probably based on a trading and making profit off the various moves in the market? or
Do you plan on stalking your coin and get profit as the investment progresses?

Which ever it is, it sure ends in profit and it depends upon which platform you invest with so, being curious is the right step to go about it but then, should you be inexperienced on either of the above, its important that you understand the concepts about either investment you choose but, should you

Want to stalk your coin, its best you use a wallet and Luno wallet can help you do that,
Want to trade your coin, Binance exchange is the most reliable,
Want to stalk your coin, i haven't been really involved with this one, still researching on it so, i can't say much on it as it's a work in progress for me too.
legendary
Activity: 2436
Merit: 1189
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February 15, 2021, 01:49:29 PM
#8
So , on Binance i can create a wallet ? I am not familliary with this " virtual wallet " stuff , that is why i am asking.
In binance you can create an account by using your email and password. Since it’s an exchange it will not sent you any private key or you can not create any wallet there.

If you want to hold your XRP or other coins outside the exchange then you can use Trust wallet. This very easy to use for the beginners.

*damn trust wallet already suggested by others.
newbie
Activity: 4
Merit: 0
February 15, 2021, 12:09:15 PM
#7
So , on Binance i can create a wallet ? I am not familliary with this " virtual wallet " stuff , that is why i am asking.
member
Activity: 252
Merit: 29
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February 15, 2021, 10:49:59 AM
#6
I want to invest in XRP but i dont know from where to start , i dont know any safe platform . I would like some advices or opinions. My experience of investment is that i bought some XRP on Revolut ( but i heard Revolut is not ok). Thanks for attention!
Don't start any XRP invest on any platforms, your coins will only be safe in your wallet and keep the private key safe where no one can know, go to binance exchange and buy XRP there, it's very easy, find a good wallet that supports XRP like trust wallet and you are good to go
hero member
Activity: 3024
Merit: 680
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February 15, 2021, 08:41:22 AM
#5
Are you from US? if you are, there were exchanges that have delisted XRP due to lawsuit.

Binance is a good option.

It should be Binance.com not Binance.us.

mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
February 15, 2021, 08:26:25 AM
#4
It's going to depend on where you're from, because not every exchange has a wide range of supported countries. If you're from the United States though and if you're fine with submitting AML/KYC, then probably Kraken[1].

P.S. Most of us here think that XRP is crap. But hey, you do you.  Tongue


[1] https://www.kraken.com/
newbie
Activity: 5
Merit: 2
February 15, 2021, 07:57:16 AM
#3
What are you trying to do? Hold or make a trade? Now I would like to invest too yet I don't have enough funds instead you can try to visit our altcoin discussion because XRP is an altcoin.

Now I'm planning with the Binance. They have a rules if you are not a big time investor exceed up to 2 BTC you does not need to use their KYC.

Quote from: Binance
If you have not completed the identity verification for your account, your withdrawal limit is set to 2 BTC for every 24 hours.
Link :

Code:
https://www.binance.com/en/support/articles/115003670492-How-to-Withdraw-from-Binance
copper member
Activity: 2940
Merit: 4101
Top Crypto Casino
February 15, 2021, 07:35:11 AM
#2
Any reliable exchange should do the job and there are plenty of. Now your location and the mean of payment matter. Either you pay with a bank transfer or debit card. If you plan to use fiat money to buy your XRP, you should be ready to verify your identity in most of cases. If you own already some coins it offers more possibilities and you could also use the account less exchanges like Flyp.me in which you don't need to create an account

Check Coinmarketcap and click on the "market" button you will find all platforms listing XRP
https://coinmarketcap.com/currencies/xrp/markets/

Kraken, Bitstamp, Binance are a few examples of exchanges considered "reliable" by the community

Do not use Revolut to buy any coin, you can not transfer your coins to your own wallet. It's like buying something but it's not really yours.
newbie
Activity: 4
Merit: 0
February 15, 2021, 07:31:51 AM
#1
I want to invest in XRP but i dont know from where to start , i dont know any safe platform . I would like some advices or opinions. My experience of investment is that i bought some XRP on Revolut ( but i heard Revolut is not ok). Thanks for attention!
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