How to buy Ripple in India?

Bitcoin Questions and AnswersCategory: QuestionsHow to buy Ripple in India?

rohith asked 10 months ago

How to buy Ripple in India?

1 Answers
Steven Hay answered 10 months ago

Hi Rohith,
 
Well, one method is to first buy Bitcoin from any of your local exchanges and then exchange the BTC for XRP on another crypto exchange, such as Changelly.com or Poloniex.com.
 
You may also sign up with an Indian exchange which sells Ripple. Some I’ve seen which offers XRP markets are BuyUcoin.com, BTCxIndia.com and Koinex.in – however I’m not endorsing any of these exchanges. I have never used them and I haven’t done any serious research into them either, so please do your own due diligence.
 
I would also say that you should study Ripple to ensure that it’s right for you… It’s highly centralised, to the point it can’t really be considered a true cryptocurrency, and the Ripple owner / company owns between 20 and 60% of all XRP. It seems to me that the Ripple network may be of value to banks but I’m not convinced the coin will be of value to individual users (apart from speculation purposes). Just my 2c on XRP.

Bitcoin Video Crash Course 

Dummy-proof explainer videos enjoyed by over 100,000 students. One email a day for 7 days, short and educational, guaranteed.

We hate spam as much as you do. You can unsubscribe with one click.