BTC News: For upon |If you own BTC and would like to diversify into other top cryptocurrencies, you can just perform Bitcoin to Ripple convert. You may not know how to do that, so you can use this comprehensive guide to learn more about the process. BTC News.
Where Can One Convert BTC to XRP?
The easiest way to convert digital assets is an exchange. These online services can have some differences, but most of them operate similarly. So, you can use the following steps:
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Open the website;
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Click on the Register button;
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Provide your phone number or email address;
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Make up a strong password and select the “Create Account” option;
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Most exchanges send an activation code to the provided email address or phone number;
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You need to enter the code to complete the process;
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The next action is to go through the KYC process;
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Click on Identification, which appears if you hit the profile picture icon;
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Select Verify;
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Then, you need to select your country;
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You will also be asked to provide your name, date of birth, and residential address;
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Click on “Submit and Continue”;
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Navigate to advanced verification. Here, you will be required to upload an identity document, which can be a driver`s license, identity card, or passport;
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After that, it is necessary to upload a photo by taking it with your PC;
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You need to submit the documents and wait for them to be approved. You should remember that this process may fail; consequently, you will have to start it again.
When your identity is validated, you are free to convert your Bitcoin to XRP.
How to Convert BTC to XRP
If your BTC coins are in a different wallet, then you may need to transfer them to the new account. For this purpose, you need to perform the below actions:
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You need to select “Wallet” and click “Fiat and Spot;”
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Click on the “Deposit” button;
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Select crypto and choose BTC as the asset you are willing to deposit;
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Open the external wallet to transfer Bitcoin;
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Cope the BTC address that will appear on the exchange;
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Provide the address in the external wallet;
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Specify the amount you are willing to send and confirm the action.
When the coins are in the wallet, you can convert them to XRP with the help of either of the below methods.
The Convert Feature
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Follow the below steps:
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Navigate to the “Trade” option and choose “Convert”;
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Select BTC and XRP in the fields;
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Enter how much you want to convert and click “Preview Conversion”;
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Confirm the details and finish the process.
When you perform all the steps, Ripple should appear in your wallet in a few minutes.
Utilizing Trading Pairs
Most exchanges provide the option of trading the XRP/BTC pair, and you should do the following:
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Find the “Markets” option and click on it;
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Search for the necessary trading pair;
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As BTC is already in your wallet, you need to click “Trade”;
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Click on “Market” to purchase XRP through a market order. The order will be performed instantly;
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Select “Buy XRP”, and the coins will appear in your wallet.
Even though the above steps are straightforward, there are exchanges, such as https://letsexchange.io/, that offer an even simpler process. Therefore, you should see what options there are and go for the best one. BTC News.
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