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How to Buy XRP from Bitrue

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How to Buy XRP from Bitrue

XRP is among the largest cryptocurrencies in the crypto market. It is fast becoming a very attractive destination for the investors. There are many exchanges to buy XRP. However, Bitrue is among the best exchanges to buy XRP today. There are many ways to buy XRP from this exchange, let’s study some of the aspects of buying XRP from Bitrue including how to buy by using credit card, how to trade it on Bitrue, and many more.

Buy XRP with Credit Card on Bitrue

Bitrue is relatively new to the Crypto business. They are offering insurance up to $1 million on an account. One of the best features of Bitrue is that you can purchase Cryptocurrencies through your credit card. This feature is good for those who are newcomers. One can purchase Cryptocurrencies easily by using this option. You can purchase Ripple (XRP), Bitcoin Cash (BCH), Bitcoin (BTC), Litecoin (LTC), and Ethereum (ETH) through your credit card. After purchase, you can transfer the coins into your Bitrue account. Bitrue is also planning the withdrawal of your coins with the credit card.

Bitrue Credit Card Fees

If you are purchasing XRP on Bitrue with your Credit Card, they will charge you around 3.5 percent on each transaction or ten dollars. It is good while purchasing a large amount of XRP. Additionally, Bitrue might be the most affordable choice for purchasing XRP with a credit card.

Bitrue Supported Countries and Regions

Bitrue is not offering its services in the following countries or states:

  • People’s Republic of China
  • Texas, USA
  • New York, USA

How to Buy XRP with Credit Card on Bitrue

For purchasing XRP with Credit Card on Bitrue, you need to sign in to your Bitrue account. After signing in, open the home page and click on the “Purchase” icon. You can see this icon below the “Credit Card” icon in the main menu.

After choosing the “Purchase” option from the “Credit Card” menu dropdown, it will take you to the purchase window. From there, select “XRP” from the “Coin” option. After that, you just need to enter the amount you want to purchase. Select your local currency and click on the “Buy Now” icon.

After clicking the “Buy Now” icon, it will ask you to trust the payment provider’s Terms of Service. You need to accept these terms to complete your transaction.

Read these terms carefully and accept them if you agree. After accepting the term, click on the “Go to Payment” icon. Then, you will provide your Credit Card details and verify them.

After submitting the payment, you will be directed to the verification window to complete your transaction. Once you completed the transaction, you can check its status on the Simplex or your Bitrue account’s Deposit History page.

How to Trade XRP on Bitrue

Step 1: In the first step you need to choose a coin along with a coin pair. There are two types of trading options available, trading under market prices and trading under limited prices. You will click “Limit” to do trade under limited prices. For trade under market prices, you need to click “Market”. The pictorial explanation has been attached to understand “Limit” and “Market”.

Step 2: If you have selected trading under the limited prices option, in the next step you will select your desired price or quantity. The price and quantity details are available on the webpage. The system will automatically fill in the required information for you in the “Price” and “Quantity” sections to initiate the trade.

Step 3: The other option is trading under market prices. In this option, the system will automatically trade at the best available prices on your behalf. All you need to do is entering your desired “Quantity” to trade.

Step 4: After initiating the trade by choosing your choice of trade, you will click on the “Bid” for purchasing and “Ask” for selling BTC.

How to Choose a Trading Currency?

Step 1: The first step is to log in to your website of Bitrue which is www.bitrue.com.

Step 2: After logging into the website, click on the “Trading” icon.

Step 3: The next stop is to select your desired coin for trading. Some examples are BTC, USDT, and ETH.

Step 4: The last step is to choose the Coin Pair you want to trade.

For example, you select the Coin Pair of BTC/ETH. This selection indicates that you can only purchase BTC with ETH, or vice versa. After selecting, you will see the K-Line Chart and Depth Chart of the market on the webpage. You will see the order section on the right side of the webpage and the transaction section under the order section.

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Why You Should Buy XRP from Bitrue?

Why You Should Buy XRP from Bitrue

It does not matter if you are an expert in the cryptocurrency business or a fresh one you must be looking to find a way out from the old-fashioned monetary systems and their small interest rates. You must learn about Bitrue to find new methods of investment. Bitrue intends to remove the gap between centralized and decentralized finance to establish new methods for investors to utilize their crypto. It will help them to gain the most out of their assets.

Along with facilitating the investors, Bitrue also offers a good opportunity for many firms to do business with other firms in the same field. Bitrue is at number two in the XRP token exchange having 15% of the market share. Only Binance has more market shares of XRP tokens than Bitrue. In this article, we will discuss the benefits of using Bitrue for purchasing XRP.

Power Piggy Feature

One of the best and interesting features of Bitrue is the Power Piggy. In this feature, Bitrue will pay you for just keeping Crypto Currencies stored on the Bitrue. If you do not want to trade and just want to buy and keep the Crypto Currencies, this feature is ideal for you. It involves few simple steps to claim the profit. You just need to open an account on Bitrue and deposit the Crypto Currencies in it. The list of these is available in the Power Piggy program.

At the moment, there are limited types of coins that are acceptable but Bitrue is working on adding more types of coins in the Power Piggy program. The available coins are ADA, XRP, BTC, TRX, VET, ETH, HOT, and some Permanent Coins Like USDC or USDT, etc. These are all very common coins and most of us have already hold them. You just need to transfer these into your Bitrue account.

The next question is about the amount of money that you will get for keeping these coins in your Bitrue account. Bitrue will pay you at the annual interest rate of 7.3%. But if you are holding the BTR coins, this interest rate can increase up to 10%. That is why the Power Piggy program is very useful even if you are only holding the coins.

Buy Crypto with Credit Card

There are very few exchange companies that are offering Crypto purchasing through your credit card and Bitrue is one of these few companies. If you are new to the Crypto business and do not have the proper understanding of the field, then this feature can be very helpful for you to purchase Crypto. You can purchase the following Crypto coins by using your credit card:

  • Ripple (XRP)
  • Bitcoin Cash(BCH)
  • Bitcoin(BTC)
  • Litecoin(LTC)
  • Ethereum(ETH)

After purchasing them, you can transfer them to your Bitrue account and can start trading. Bitrue team is also working on another useful feature. With this feature, one will be able to withdraw the money by directly using a credit card. Soon, this feature will be available for the Bitrue account holders.

Choice in the Investment

One of the best things about Bitrue is the choice of investment they offer to their customers. They allow their customers to do business on their own choices. The customer can choose from the two choices for the investment.

  1. Flexible investment
  2. Lock-up investment

Power Piggy feature is the part of the flexible investment, which is by now has become a standard for other exchange companies. The other choice is a lock-up investment. In this feature, you have to keep tokens in your Bitrue account for a specific period. During this period, you are not allowed to use these tokens for any purpose. In this type of investment, you will get your profit at a higher interest rate, up to 13%.

BTR Token

Just like other exchange companies, Bitrue does have its Cryptocurrency token BRT. The BRT is very beneficial as compared to other tokens of exchange companies. It offers a useful asset management function that is also combined with Power Piggy, which brings investors different benefits. You just need to buy BTR tokens once to avail yourself of extra interest in purchasing more BTR tokens. You can earn yourself extra interest up to 20%.

The BTR has a lot of other benefits to offer along with extra interest. You can avail of an extra 40% discount on the existing competitive flat 0.098 trading fee if you pay the fee through your existing BTR tokens. And in Crypto, every single token can make a great difference.

Other Features

There are many other useful features that Bitrue is offering. Bitrue have launched their Android and iOS applications for mobile phone users. It helps you do your trade with ease, more importantly, you can use the application to do trade anywhere in the world. Not many exchange companies have their mobile application.

Another benefit of Bitrue is its presence on social media. If you are having any problem regarding Bitrue services, you can approach them by using social media platforms. They will help you to resolve the issue as early as possible.

Their platform is very secure. Once someone hacked them and stole around $4.3 million of Ripple (XRP) and Cardano (ADA). But the Bitrue team managed to recover all the funds and return these to the owners. They did this within 24 hours of the incident. That shows their bond with their customers.

Why You Should Buy XRP from Bitrue

Bitrue is working on its relationship with the XRP community. It has started establishing a mutual connection with the XRP community since 2018 and they have succeeded in this regard.

Recommended Exchange for Trading XRP

The Ripple has been recommending Bitrue exchange for the XRP businesses. Their relationship was established in July 2018, when Bitrue added the XRP as a root pair. Since then, Bitrue is getting close to Ripple and The XRP community.

Top 5 XRP Trade Volume

As we have discussed earlier, Bitrue and Ripple are sharing a great bond. Bitrue is enjoying almost 15% of the market share of the XRP tokens. As the XRP is the base currency of Bitrue, there are more than 50 pairs of users to purchase and trade XRP on.

XRP Validator

Bitrue has an XRP validator, the purpose of the XRP validator is to verify the financial transactions performed on the XRP ledger. It also ensures that all trades are performed in a trustworthy environment.

Conclusion

Bitrue and its feature are offering empowerment and control to its users. The user can control their finances, which has become a fantasy story in the old-fashioned banking system. They give choice to their user on investing their assets with the Power Piggy program and the BTR tokens.

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