bitstamp

[garyw]

i have traded xrp on various platforms but just bought xrp on bitstamp for the first time and was wondering how i would sell them when i want to? unlike the trading platform i can just close trade whenever i want how do i sell on bitstamp??

cheers

[tulo]

As in any other exchange you can place sell orders (market and limit) to sell XRP for EUR, USD, ETH, LTC, BCH, BTC. And then withdrawal.

[garyw]

7 minutes ago, tulo said:

As in any other exchange you can place sell orders (market and limit) to sell XRP for EUR, USD, ETH, LTC, BCH, BTC. And then withdrawal.

thanks

 

[DavyJones]

7 minutes ago, tulo said:

sell XRP for EUR, USD, ETH, LTC, BCH, BTC

Unfortunately not on Bitstamp. Only XRP/USD, XRP/EUR and XRP/BTC are available. I sold some XRP 2 days ago and wanted to get some ETH instead:
1. Sold XRP for EUR
2. Bought ETH with EUR
3. Waited for ETH to go up and XRP to go down
4. Sold ETH for EUR
5. Bought XRP with EUR

Would be much easier if there was a XRP/ETH pair.

[tulo]

2 minutes ago, DavyJones said:

Unfortunately not on Bitstamp. Only XRP/USD, XRP/EUR and XRP/BTC are available. I sold some XRP 2 days ago and wanted to get some ETH instead:
1. Sold XRP for EUR
2. Bought ETH with EUR
3. Waited for ETH to go up and XRP to go down
4. Sold ETH for EUR
5. Bought XRP with EUR

Would be much easier if there was a XRP/ETH pair.

Yeah, it's just more fees paid, but it would reduce the liquidity and probably increase the spread if too many markets are added.

[DavyJones]

Never thought about that, but it makes sense. In the end it is the XRP/FIAT pairs that are important.

[Hope777]

@ garyw You might want to read this before you get too entrenched. https://thebitcoinnews.com/bitstamp-is-asking-users-who-want-to-withdraw-a-lot-of-questions/