Welcome to HODL Nation! In this video, we’ll explore how you can buy XRP in the USA. This is a question that has gained significant attention due to the ongoing SEC lawsuit against Ripple.
Many cryptocurrency exchanges have delisted XRP, limiting our options. However, there is one exchange that has stood firm amidst the legal proceedings: Uphold. While Uphold may not be my primary crypto exchange, it currently offers one of the easiest ways to purchase XRP in the USA.
Please note that I am not suggesting that you SHOULD buy XRP, or if the price of XRP with rise or fall. That is not the point of this article. The point is to show you HOW you can buy, if that’s what you want to do.
Also, remember that Uphold is an exchange and not a wallet, so it’s crucial to secure your XRP in a dedicated wallet. If you’re interested, I recently discussed the best crypto wallet ecosystem in another video.
Alright, let’s get started!
UPHOLD REGISTRATION:
You will first need to register an account with Uphold. As a bonus, you can earn an additional $20 in bitcoin just by using my referral link.
After registering for an account, you’ll be prompted to enter your personal information, including your name, address, and Social Security Number. This is part of the KYC (Know Your Customer) process, which is a standard requirement for financial accounts.
Once you’ve verified your personal information, you can proceed to link your payment methods. Uphold allows you to connect credit and debit cards, as well as your bank accounts. I recommend linking both to provide flexibility. Once your accounts are linked and confirmed, you’ll be ready to make your XRP purchase.
PLACING ORDERS ON UPHOLD:
When you are ready to make your XRP purchase, you will see to options in Uphold. A “transact” option and a “limit” option. To explain this further, a “transact” order will be a “market order”. This is where you agree to buy XRP at its current market price. You will typically make this type of order when you want to buy XRP immediately without having to wait for prices to adjust.
A “limit” purchase will be considered a “limit order.
In other words, this allows you to buy XRP at a set price of your choosing. This does not guarantee your XRP purchase because the price of XRP will need to reach your set price.
Please watch the above video to see a visual example of how to place your orders on Uphold to buy XRP.
FINAL THOUGHTS:
While the ongoing SEC lawsuit against Ripple has led to many US crypto exchanges delisting XRP, Uphold Exchange remains an exception and offers a convenient solution for buying XRP in the USA. Remember, this video aims to guide you through the process and does not provide financial advice or predict XRP’s price movement. It’s essential to secure your XRP in a dedicated wallet for added security. Feel free to check out my previous video on the best crypto wallet ecosystem for further information. Don’t forget to find all the necessary links mentioned in the video description. Happy investing!
