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Buy Ripple Anonymously

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2024-02-18 11:23:44820browse

Buying XRP anonymously isn’t simple, but that doesn’t mean it’s impossible. Perhaps the easiest way is to ask someone in your local cryptocurrency community to buy with cash

Buy Ripple Anonymously

Buying XRP anonymously isn’t simple, but that doesn’t mean impossible. Perhaps the easiest way is to ask someone in your local cryptocurrency community to buy with cash.

You can try the following P2P platforms:

  • LocalBitcoins
  • HodlHodl
  • LocalCoinSwap
  • Paxful
  • Bisq

Before trading P2P, whether through a regular cash-to-crypto exchange or online, be sure of the other party’s feedback and reputation.

Get a XRP Wallet

Once you manage to buy XRP, do not leave it on a cryptocurrency exchange. Regardless of the exchange's rhetoric, it has been proven time and again that putting XRP on an exchange is a bad idea - your funds can be lost to hackers, or your account can be compromised.

If you plan to hold a large amount of XRP, you will need to consider purchasing a private XRP wallet. The easiest way to self-host is to download, set up and install one of the following wallet software — Toast Wallet, Abra Wallet, Wirex, Rippex, Exarpy or Cryptonator.

If you plan to hold more than $1,000 of XRP, it is recommended that you set up a "cold storage" setting. The easiest way to set up a cold wallet is to get a hard wallet — devices like the Ledger and Trezor Model T can help you store XRP with cutting-edge security technology.

crypto cold wallets

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