The most convenient way for US users to buy Ripple (XRP) or Stellar (XRM) is through Binance. However, you can't deposit money directly into this app, but you can deposit cryptocurrency like ether or bitcoins to buy other alt-coins. The easiest way to do that is by using Coinbase, the most popular cryptocurrency app.
With so much money on the line, it's no surprise that cryptocurrency exchanges are prime targets for cybercriminals. Because of this, the importance of keeping your personal account as secure as possible cannot be overstated. Binance is one step ahead in this regard, as it requires you to enable two-factor authentication to keep your bitcoins and alt-coins safe.
As cryptocurrencies gain mainstream acceptance, it's not far-fetched to think that we'll one day be able to buy alt coins like Ripple (XRP) and Stellar (XLM) using debit cards and bank accounts. Until then, we'll have to rely on using bitcoins and ethereum to buy digital coins. Thankfully, depositing and withdrawing cryptocurrencies with Binance is relatively hassle-free.
Binance, a China-based cryptocurrency exchange, is rapidly gaining popularity thanks to the sheer selection of digital currencies you can purchase — Ripple (XRP), Tron (TRX), IOTA, and Stellar (XLM), to name a few — using both Bitcoin (BTC) and Ethereum (ETH). Binance has an iOS app, and there are a couple ways to install it. Either way, you can trade cryptocurrency from your iPhone today.
Selling alt-coins like Stellar (XLM) or Ripple (XRP) in exchange for more widespread coins like Ethereum (ETH) or Bitcoin (BTC) can be a daunting task if you're new to cryptocurrency. Though you'll still need to do your research to avoid potential disasters, Binance takes the hassle out of trading digital currencies on your smartphone.
Using Bitcoin (BTC) or Ethereum (ETH) to buy alt-coins like TRON (TRX), Stellar (XLM), or Ripple (XRP) can seem intimidating if you're new to cryptocurrency. Though you'll still need to do your research to avoid potential disasters, Binance takes the hassle out of trading digital currencies on your smartphone.
Given the volatility of cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP), it's good to keep track of your transaction history and get a better idea where you stand financially. Though tracking down past trades on Binance may seem convoluted at first, it gets surprisingly intuitive once you get the hang of it.
In just a few months, Binance has experienced explosive growth, overtaking its rivals to rank among the top three cryptocurrency exchanges in the world by trading volume. Without a doubt, Binance is now among the best sites for trading alt-coins like Ripple (XRP), Stellar (XLM), and NEM (XEM) to name a few.
With the sheer number of alt-coins that you can buy and sell on Binance — Ripple (XRP), Stellar (XLM), and NEO to name a few — keeping track of coins you're interested in is a hassle. But with the tap of a button, you can mark trades and alt-coins that are on your radar for quick access on your Binance account.