Ripple is a very popular cryptocurrency in Kenya, and people have invested a lot in this cryptocurrency because of its on-growing potential.
Earlier, Ripple was not even in the list of the top ten popular cryptocurrencies, but due to its demand and progress, it has exponentially grown in the past year and is now one of the most demanded cryptocurrencies for investors. In early 2017, Ripple raised over 18000% and has defied all odds against it.
You can purchase Ripple from exchanges and websites that allow the users to buy, trade and exchange ripple, especially BitQH as the platform is quite feasible for novice traders. Following are the five best ways any individual in Kenya can buy and trade Ripple.
5 Exchanges and Platforms to Buy Ripples
Binance is an on-growing cryptocurrency exchange, where cheap exchange rates are provided to customers in Kenya if they use Binance tokens for their exchange payments. Its user-friendly mobile app features make it more feasible for the customers to trade and buy ripple.
Ripple can be bought and sold in trade pairs on Binance, with decent volume packages on large orders. Ripple can trade it in two significant pairs; Ripple/ Bitcoin and Ripple/ Ethereum. You can exchange bitcoin and Ethereum for reasonable exchange into ripple
Huobi Pro is a cryptocurrency exchange with international buyers and traders. It first started in China, but it has many investors and traders, especially in Kenya.
Huobi Pro is the 3rd most popular exchange, by volume, in Coin Market Cap’s list. It has around 244 cryptocurrency exchange pairs and makes ripple and other cryptocurrencies feasible worldwide. With good investor service, the investors have no issues in liquidity in Huobi Pro.
For investors and traders’ feasibility, Huobi Pro also has a mobile app for Android and iOS users for better crypto exchange service online.
To buy ripple or any other cryptocurrency, investors must register themselves on the exchange, a straightforward and easy process. They also require a low and safe transaction fee. Its trade pairs are ripple/ bitcoin and ripple/ tether.
Changelly is an online cryptocurrency exchange platform with a track record of having high-growth potential cryptocurrency. Changelly is a very viable and easy-to-use exchange platform, providing investors ripple exchange services. It has no lengthy verification and registration procedures; just an email ID is required for trading ripple.
Changelly charges a bare minimum commission fee of 0.5% on each trade; this minute commission fee is quite justified for the website since it bears the risks on behalf of its users and investors. Apart from the commission fee, the users also have to pay a miner’s fee, debiting the user’s crypto balance.
To trade and exchange ripple or any other cryptocurrency from Changelly, the investors and users must either have a VISA/MasterCard or any cryptocurrency or wallet supported by Changelly.
Bittrex is a very user-friendly cryptocurrency exchange, providing investors with a vast range of cryptocurrencies to invest in, especially ripple. It governs one of the most significant bitcoin trading capacities than all other exchange platforms globally. It charges a 0.25% commission fee on trade on its platform.
Bittrex has a straightforward and frank registration system but a very secure and document demanding procedure upon withdrawal. The investors can exchange Ripple easily with Bitcoin, Ethereum or Tether on Bittrex.
Bitfinex is one of the largest Ripple exchange platforms acquired in Kenya. Liquidity is never a problem for Bitfinex because it has the second-largest volume of Ripple. Its user interface is straightforward and simple to understand.
Their registration process is secure and lengthy, acquiring some documents and verification of your ID. They also have Android and iOS for the users to trade Ripple.
The trading pair for Ripple on Bitfinex is the Bitcoin and the United States dollar.