Ripple

[Sue]

I have litecoin in coinbase.   Please tell me the easiest way to purchase ripple with my litecoin??? Without huge fees or long wait time.  Im in the US.  Im new to this. 

[XRPHdlr]

You'll need to sign up with Kraken (or any other exchange you prefer). Kraken is US based! I'm using it and it's great.

Keep in mind that signing up with an exchange usually takes some time, cause they need to identify you. It's the law!

Usually a couple of days, but it might take longer. The sooner you sign up, the better.

Let us know if you have any more questions!

[Understandsimplicity]

Hey,

 

Sign-up on Bitstamp; My co-worker just signed up and it took him 2 weeks for verification, as of last week March 16. In the mean time, buy what you can and store on coinbase, and once the verification hits, sale on Bitstamp (taxable event for USA) and buy XRP and hold (hodl). Typically, the fees and transaction will be at a loss, so taxes are not an issue for you later, as long as you do not day trade.

 

          - Tripple Ripple -