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Beginners Guide: XRP First Steps

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This is a good idea, but it might be useful to add the following:

1: video tutorial for each exchange or wallet type.

2: a separate website to host say, RippleTutorials.org

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This is a good idea, but it might be useful to add the following:
1: video tutorial for each exchange or wallet type.
2: a separate website to host say, RippleTutorials.org

If and when there is enough content perhaps it could be spun off as its own support website. At this point its more beneficial to put the information where the people are/go and the forum setup allows ease of crowd editing and updating. As for videos and instructions on everything- if I had the time I would consider it.

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Guest

Oh sorry, I did not know you were the author!

i can understand.

I do not recall right now but there are 'those' sites, that provide documentation content. Not sure what they are right now, but they might be useful given the content is small. It might be free. This sort of site would help Ripple if it followed 'standard' Ripple user experience guidelines. I expect Ripple would not do this themselves, as it could be seen to be endorsing specific exchanges. Exchanges would welcome this, however. 

You might ask Ripple to 'support' in some way this endeavour.

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Thanks for the information. I have a question about the wallets. As I start with baby steps, I´m guessing I can start my first wallet being a Hosted Wallet, and as I continue learning and playing with the technicalities, eventually I can move my XRTs into a Cold Wallet, correct? Or do I have to make a decision on one or the other from the get go?  To be honest, I´ve read enough about XRT to know I´ll be buying for the long haul... I have no plans to buy and sell; I´m not a day trader. So Cold Wallet sounds attractive but just to get me started quickly, doing a Hosted Wallet seems more convenient as long as I can eventually move my XRT funds into a Cold Wallet.

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So basically if I want to buy XRP on gatehub and store them on my paper wallet I need to fund my USD gateway and then I need to exchange USD to XRP and then make a payment from Gatehubs hosted wallet to my generated (https://ripply.eu/coldwallet.html) Paper wallet ?

Or I can somehow send XRP from gateHub straight to my paper wallet ?

Is it safe btw to generate public/private keys straight of the website ? 

 

Thanx

 

 

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On ‎29‎/‎05‎/‎2017 at 3:39 AM, Enmascarado said:

Thanks for the information. I have a question about the wallets. As I start with baby steps, I´m guessing I can start my first wallet being a Hosted Wallet, and as I continue learning and playing with the technicalities, eventually I can move my XRTs into a Cold Wallet, correct? Or do I have to make a decision on one or the other from the get go?  To be honest, I´ve read enough about XRT to know I´ll be buying for the long haul... I have no plans to buy and sell; I´m not a day trader. So Cold Wallet sounds attractive but just to get me started quickly, doing a Hosted Wallet seems more convenient as long as I can eventually move my XRT funds into a Cold Wallet.

I'm new and don't know much... but I think I can answer this....

You can keep your XRP on a exchange in their wallet for as long as you trust them.  Some exchange issues in other coins etc have meant that its not a good idea to have too much there for too long.  If you are doing just baby steps then online with the exchange is probably ok till you work out your final position.  Just make sure you have 2 factor authentication set up on the exchange.

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20 hours ago, Turandot said:

So basically if I want to buy XRP on gatehub and store them on my paper wallet I need to fund my USD gateway and then I need to exchange USD to XRP and then make a payment from Gatehubs hosted wallet to my generated (https://ripply.eu/coldwallet.html) Paper wallet ?

Or I can somehow send XRP from gateHub straight to my paper wallet ?

Is it safe btw to generate public/private keys straight of the website ? 

 

Thanx

You can send XRP from any address to another. That means you can send XRP direct from Gatehub to your cold wallet (there is a send option, just enter your cold wallets public address).

Some super security conscious users only create new keys offline on a device that has never been connected  to anything online. Depends on your comfort level and the amount of XRP you own.

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What is the best way someone from NYC can buy XRP easily without hassle. I'm hearing that certain websites like Kraken for instance do not allow certain states or countries to purchase XRP. Another question would be how much XRP would you suggest having in your wallet to make it big. I've been doing a lot of research on this being a newbie and I do believe something big is going to happen within the next 3-5 years and I just want to be set for life. 

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The easiest way to get XRP is apparently to buy it with Bitcoin.  You can buy Bitcoin in shops:

https://libertyx.com/

and from ATMs

https://coinatmradar.com

Once you have BTC in a wallet on your phone, you may be able to exchange it directly in the wallet, or use a third party service like Poloniex or Bitfinex (send them the BTC, trade it for XRP there, then withdraw again).

 

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