I am going to level with you — Ripple is a bit harder to invest in than its peers. But since you are serious about making money, this is a good thing.
Ripple’s exclusivity means that not everyone is in on it yet.
At Wealth Daily, we use Coinbase for the bulk of our digital currency investments. Coinbase allows users to buy Litecoin, Bitcoin, and Ethereum, with hopes of expanding to other digital currencies in the future. Ripple could be on the horizon.
We don’t want you to wait until then. So, we are going to walk you through buying Ripple on smaller exchanges. That way, you can get the currency while it is under $1.
The two most popular currency exchanges for investing in Ripple are Poloniex and Kraken. On both platforms, you can exchange Bitcoins for Ripples. Many people choose to set up a Coinbase account and then transfer Bitcoin into Kraken or Poloniex.
To do this, set up a Coinbase account. Once you create a username and password, add your banking information and make a Bitcoin purchase. Keep in mind that you can use your Coinbase account for more than just Bitcoin. It is a gateway account that will allow you to purchase Ethereum and Litecoin. You can explore both of those currencies in additional reports on our resource page.
Now, set up your Kraken or Poloniex account. Transfer Bitcoins into your chosen platform and you can start buying. With Coinbase, you may have to wait a few days for the purchased Bitcoins to arrive into your account. As you venture deeper into digital currency, it will prove effective to keep Bitcoins on hand. Most altcoins can be purchased with Bitcoins.
As things stand, Ripple could be one of the best investments in the digital currency space. It has unmatched potential in the financial world and a legion of support from both megacorporations and the tech community.
It isn’t going anywhere — but its $1 price will quickly become history.
If you would like some more information on opportunities in the world of digital currency investing, you can stay tuned here
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