How to buy XRP (Ripple)?
Ripple is the name of the company that created XRP. The company exists separately from XRP. Although XRP is often mistakenly referred to as Ripple, the name of the cryptocurrency is XRP. In this article we will show you the different ways you can buy XRP at Firi
Create a Firi-account
In order to buy XRP with Firi, you must first complete 3 easy steps.
- Create a Firi account. Before you can buy XRP, you need to create a Firi account using your email or Vipps account. You can create a username and receive a welcome bonus here.
- Verify your account
To be able to shop on Firi, you need to verify your account. You do this easily by connecting to your BankID and completing a simple customer-control form.
- Making a deposit
To be able to buy XRP on Firi, you must make a deposit in NOK. After making a deposit, you can easily use NOK to buy XRP on Firi.
How to make a deposit on Firi.
Firi offers 2 alternative ways of making a deposit. You can either make a deposit via Firi automatically by connecting to your online bankor by transferring money manually to an account number.
On the Firi app, you can find the deposit page under the “Overview” tab and tapping “Deposit money”. If you use Firi on a web browser, you can find the “Deposit” page on the “Main Account” tab.
Option 1: Make a deposit automatically without logging into your online bank.
- Click on “Deposit money”.
- Enter the bank you want to pay from in the search field.
- Allow access to the account you want to pay from with your BankID.
- Enter the amount and sign for the payment with BankID.
Option 2: Make a manual transfer via your online bank.
- Click on “Deposit money”.
- Click on the “Manual transfer”-option.
- Use the designated account number and messages to make a manual deposit.
- Go to your online bank and transfer the amount you want to deposit with Firi.
Processing the deposit usually takes up to 1 business day.
How to buy XRP on Firi
To buy XRP from Firi, you have two options.
- One is to deposit money via bank deposit and then buy.
- The other is to buy directly with Vipps or a bank card.
Furthermore, when you trade you will get the best available price of XRP at the time you trade (market order). However, if you wish, you can enter buy orders at specific prices in advanced trading. We will return to that later in the article. Advanced trading is only available via browser.
Buy XRP directly with Vipps, Apple Pay or bank card.
- Go to "Trade" and press "Buy Crypto".
- Select XRP from the list of cryptocurrencies.
- Enter the amount you want to buy.
- Select the payment method "Direct purchase with Vipps", Apple Pay or "Direct purchase with card" from the menu.
- Make the payment at the checkout to Vipps or card payment.
- Sign, and voila, you have traded XRP.
Buy XRP via "Trade" once you have made a deposit.
How to make a purchase through Trade:
- Log into Firi and tap on the “Trade”-tab.
- Select the tab that says “Buy” or “Buy crypto”.
- Select XRP as the cryptocurrency in the bottom field.
- Enter the amount for which you want to buy XRP in NOK.
- Tap “Preview Purchase” and “Finish”.
Buy XRP through Advanced Trading
How to make a purchase with Advanced Trading:
- Log into Firi and click on “Advanced Trading” on the left side of the Firi dashboard.
- Make sure the market you choose in the top left corner is XRPNOK.
- Find the box that says "Buy XRP".
- Enter the amount of XRP you want to buy in the “Amount”-field.
- Enter the amount you want to pay per XRP in the “Price”-field.
- Click on “Buy XRP”.
- When the market price matches the order you have placed, the purchase is automatically executed.
If you have followed these steps, you are now the proud owner of XRP. You can see your balance in the XRP-Wallet and other relevant information by clicking on “Main Account” on the Firi dashboard.