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Best way to trade XRP?


tomas.vin

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I want to ask you what is the best way to trade XRP with USD or EUR. I have account on Gatehub and I like it but if I want to trade XRP with EUR or USD there is no liquidity. I've created account on Bitstamp becouse trading bitstamp USD seems like the best way but still waiting for verification process. What is the best way to trade XRP in this situation?

 

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50 minutes ago, tomas.vin said:

I want to ask you what is the best way to trade XRP with USD or EUR. I have account on Gatehub and I like it but if I want to trade XRP with EUR or USD there is no liquidity. I've created account on Bitstamp becouse trading bitstamp USD seems like the best way but still waiting for verification process. What is the best way to trade XRP in this situation?

If you're purely looking for liquidity, then Poloniex is the best, but many have reservations about its volatility and questions about its security. Something you might want to try out.

For other private exchanges, Kraken and Bitstamp have very good reputations, but won't have to liquidity that Poloniex does.

With the private exchanges, remember that your XRP is held by them and is technically an IOU, so there is always that counterparty risk.

If you want to trade real XRP (in your wallet, not an exchange IOU) for USD and EUR, you can do so directly on RCL via the Gatehub wallet or other wallets (see Links & Resources above). The XRP pairs with USD.Bitstamp, BTC.Bitstamp and CNY.Ripplefox are the most liquid.

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