In recent years, the popularity of the cryptocurrency, Ripple (XRP) has reached new heights. Crypto investors around the world are continuing to show deep interest in XRP.
In the cryptosphere, Ripple is often described as the digital currency for banks. Just last year, so many investors made huge tranches of money by trading in XRP and Bitcoins. Turkey’s leading crypto platform, NakitCoins, and other exchanges allow crypto nerds to trade their bitcoins for Ripple with ease.
If you have some BTC and want to convert it into XRP, here are some ways to go about this transaction.
How to Exchange Bitcoin for Monero, Ripple, and other cryptocurrencies with NakitCoins
By using NakitCoins Blender, you can exchange your BTC to Monero (XMR) in a few seconds. Once NakitCoins confirms your transaction on the network, an exchanger will process your BTC and send Monero to your chosen wallet. As one of the fastest online BTC exchanges, NakitCoins’ crypto-to-crypto swap service makes it easier for you to carry out high-volume transactions with no restrictions.
In fact, you don’t even need to go through a rigorous account creation and verification process before you can use NakitCoins’ crypto exchange service. Fully decentralized BTC exchanges are designed to easily facilitate your crypto swap transactions. The good news is that the NakitCoins transaction fee is a low 1%, and you can also convert your BTC to other popular cryptocurrencies such as ETH, Zcash, LTC, and Tether.
How to Exchange Ripple for Bitcoin Using Changelly and Binance
There are various ways to convert XRP to BTC without going through long processes. BTC platforms such as Changelly and Binance also make it possible for investors to convert their digital assets from one coin to another, including XRP-BTC exchange. So far, Changelly has established itself as a reliable crypto swap exchange providing people quick access to different kinds of cryptos in exchange for BTC.
What’s more, there is no need for KYC verification or other forms of lengthy registration processes. However, you do require an email address to make transactions. Users who want to stay anonymous can choose to use an alias.
Thousands of crypto dealers patronize Changelly because of their competitive exchange rates and viewable transaction history. To convert XRP to BTC on Changelly, you will need to have the following:
· Ripple address (wallet) to receive your XRP tokens
· BTC to exchange for XRP
Binance is also a reputable option when it comes to coin swapping in the crypto space. Set up in China, Binance concluded its ICO in mid-2017 and has evolved to become one of the most popular crypto exchanges of all time. The Binance exchange features over 140 altcoins and that number keeps growing by the day. Provided you have BTC, you can exchange it for XRP and vice versa. Binance has built a mobile application for investors to seamlessly exchange Ripple for Bitcoin.
As Bitcoin continues to climb to record heights, 2021 looks promising for the crypto community. While there are uncertainties out there, investing in Bitcoin, Ripple, Litecoin, and other leading cryptocurrencies can help you make good returns during the pandemic.
Huobi Global: convert your BTC for XRP
Huobi is a reputable crypto financial service group. It’s relatively easy to sign up for Huobi Global exchange. All you need to do is to register with your email ID and create a password to get going. Users who want to carry out higher withdrawal transactions will need to submit their identity documents for KYC verification. As a leading global asset exchange provider, Huobi supports over 248 crypto pairs on their platform, and those pairs include XRP/BTC, XRP/HT, and XRP/USDT.
Bitfinex XRP exchange
Long before Binance took over the world’s crypto exchange space, Bitfinex was making waves as the exchange with the greatest transaction volumes. Interestingly, Bitfinex is also among the top three most popular exchanges providing liquidity for XRP/BTC cryptocurrency pairs. The platform is safe for investors who want to exchange Ripple for Bitcoin.
The only downside to Bitfinex is that their exchange is not as fast as Binance or Changelly; registration and verification can take up to 15-20 business days to complete.
Users who don’t want to use the web version of Bitfinex can choose to go with the Android (News - Alert) and other mobile apps. These can be used to convert Bitcoin into Ripple. Keeping your Ripple in exchange wallets may not be a smart idea. HODlers are advised to use Ledger Nano S hardware to gain full control over their coins.
