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

10 points by garrypettet 8y ago ↗ HN

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.

8 comments

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Azurras 8y ago ↗

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

matchmike1313 8y ago ↗

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.

wmeredith 8y ago ↗

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.

jesperlang 8y ago ↗

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..

[dead] tradinghall 8y ago ↗

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

garrypettet 8y ago ↗

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...

drdrey 8y ago ↗

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

ecesena 8y ago ↗

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