Understanding XRP Coin
XRP, often referred to as Ripple, is a cryptocurrency developed by Ripple Labs to facilitate fast, low-cost international transactions. Unlike Bitcoin, XRP operates on the XRP Ledger, a decentralized database optimized for financial institutions. Key features include:
- Near-instant settlement (3โ5 seconds).
- Low transaction fees (~$0.0002 per transaction).
- Acts as a bridge currency for fiat conversions.
๐ Explore XRP's real-time price trends
How to Buy XRP in Vietnam
Step 1: Choose a Supported Platform
CEX.IO, available in 99% of countries, supports:
- Credit/debit cards (Visa/Mastercard).
- Bank transfers (SWIFT, SEPA, ACH).
- E-wallets (Skrill, Epay).
Step 2: Instant Purchase via Debit Card
- Select XRP from the cryptocurrency dropdown.
- Choose your fiat currency (USD, EUR, GBP).
- Enter the amount or select a preset package.
- Add/verify your card details.
- Confirm the transaction.
XRP will appear in your CEX.IO balance within seconds.
Buying XRP with Credit Cards in Local Currency
CEX.IO converts local currencies automatically:
- Select your primary fiat currency during checkout.
- Your bank handles the conversion at their exchange rate.
- XRP is deposited directly into your account.
This method also works for Ethereum and other cryptocurrencies.
Trading XRP on CEX.IO
Use limit/market orders on the Trading Pro section:
- Market orders: Execute instantly at current prices.
- Limit orders: Set custom buy/sell prices.
Withdrawing XRP
- Navigate to Finance โ Withdraw.
Enter:
- XRP amount.
- Destination wallet address.
- Destination tag (mandatory for XRP transactions).
Contact your wallet provider if unsure about the destination tag.
Mobile App Benefits
The CEX.IO mobile app offers exclusive features:
- Instant Exchange: Convert crypto/fiat without direct markets.
- Quick Sell: Liquidate XRP to fiat in minutes.
- Price alerts and portfolio tracking.
FAQ
Q: How do I check XRPโs current price?
A: Visit CEX.IOโs Prices page or view real-time charts under Trading.
Q: Can I trade XRP against other cryptocurrencies?
A: Yes! CEX.IO supports XRP/BTC, XRP/ETH, and fiat pairs like XRP/USD.
Q: Is there a minimum purchase amount?
A: Minimums vary by payment method; check Limits and Commissions for details.
For secure, instant XRP purchases, CEX.IO remains a top choice globally.
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