Ask HN: What is the safest way to purchase Ripple?

#1

Post by garrypettet » Wed, Jan 03, 2018, 10:18 PM UTC

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.

Re: Ask HN: What is the safest way to purchase Ripple?

#2

Post by Azurras » Wed, Jan 03, 2018, 10:24 PM UTC

Buy bitcoin on Coinbase, transfer that to poloniex, then buy ripple using bitcoin on poloniex.

Re: Ask HN: What is the safest way to purchase Ripple?

#3

Post by matchmike1313 » Wed, Jan 03, 2018, 11:22 PM UTC

I 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.

Re: Ask HN: What is the safest way to purchase Ripple?

#4

Post by jesperlang » Thu, Jan 04, 2018, 9:26 AM UTC

I 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..

Re: Ask HN: What is the safest way to purchase Ripple?

#5

Post by tradinghall » Thu, Jan 04, 2018, 11:33 AM UTC

I 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

Re: Ask HN: What is the safest way to purchase Ripple?

#6

Post by wmeredith » Thu, Jan 04, 2018, 12:51 PM UTC

matchmike1313 wrote: post #3

I 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.

Word of warning: Binance’s withdraw fees are bordering on insane. https://reddit.com/r/CryptoCurrency/comments/7nyqr1/a_brief_...

Disclaimer: I have no affiliation with any exchange.

Re: Ask HN: What is the safest way to purchase Ripple?

#7

Post by garrypettet » Thu, Jan 04, 2018, 7:13 PM UTC

Thanks 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...

Re: Ask HN: What is the safest way to purchase Ripple?

#8

Post by ecesena » Thu, Jan 04, 2018, 9:38 PM UTC

On kraken.com you can buy ripple/XRP (I'm not affiliated).

Re: Ask HN: What is the safest way to purchase Ripple?

#9

Post by drdrey » Fri, Jan 05, 2018, 6:41 AM UTC

garrypettet wrote: post #7

Thanks 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...

Why the sudden urge? Ripple has been around for 5 years