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    Home Unlabelled Ripple Daily Discussion 08/19/21 [Join FlareXRP Discord] - discord.com/invite/FlareXRP

    Ripple Daily Discussion 08/19/21 [Join FlareXRP Discord] - discord.com/invite/FlareXRP

    August 18, 2021

    Ripple Daily Discussion 08/19/21 [Join FlareXRP Discord] - discord.com/invite/FlareXRP

    Daily Discussion 08/19/21 [Join FlareXRP Discord] - discord.com/invite/FlareXRP

    Posted: 18 Aug 2021 09:00 PM PDT

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    submitted by /u/AutoModerator
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    Questions regarding XRPtoolkit for trading

    Posted: 18 Aug 2021 10:46 AM PDT

    US citizen.

    I have not sold XRP is quite some time. I have used a few exchanges to buy XRP with USD (e.g., Bitstamp, Coinbase) and to trade into XRP (Bittrex) when several trading pairs were active.

    I had always assumed I would just sell XRP to USDC when the time came on Bittrex or CB, but then the trading suspensions happened.

    It was recommended that I use the Xrptoolkit with my hardware wallet (supported) to sell. I have not done this in the past. I see XRP/USD quoted at Bitstamp and Gatehub, and then a few other trading pairs including BTC and ETH. I'd prefer not to trade into either if at all possible.

    Questions:

    1- What would/should I be trading into when using Xrptoolkit?

    2- Are US residents still able to sell XRP on Bitstamp quoted USD? I stopped using Bitstamp a while back when the Credit Card companies started charging cash advance fees for purchasing crypto with a card. I hadn't followed it since.

    3- Why would anyone use an exchange if the Xrptoolkit is so fast and low fee?

    Thanks

    submitted by /u/blahblahlablah
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    Another Option to obtain XRP in the USA

    Posted: 18 Aug 2021 04:01 AM PDT

    Regularly people ask how to buy XRP from within the USA. One of the easiest and safest ways I think is to obtain them via the WanChain ecosystem.

    WanChain has TRUSTLESS cross chain transfer of assets. If you can obtain usdt you can obtain XRP. Simplified the process is.

    -Create a WanWallet. (you can also use metamask if you already use that)

    -Create a XRP Wallet

    -buy USDT on an exchange

    -transfer USDT via wanchains Cross-Chain Asset conversion process into wUSDT to your wan wallet.

    -Use WanSwap to swap wUSDT into wXRP

    -Transfer wXRP via wanchains Cross-Chain Asset conversion process into XRP to your XRP wallet.

    ​

    Wan chain fees are sub 1c so you can test this all out easily with $10

    ​

    You do not need to use USDT other assets that can be transferred into and out of the WanChain blockchain via trustless cross chain transfer include:

    ETH

    LINK

    BTC

    MKR

    TUSD

    USDC

    UNI

    SUSHI

    LTC

    ​

    Using the above method you can get XRP into your self custody.

    EDIT: I should have also said if you are on an exchange that sells WAN then that simplifies the process a lot. Just buy Wan send it direct to your wan wallet on WanChain and then swap to wXRP and send that via cross chain to your XRP Wallet on the XRPLedger.

    submitted by /u/Chimera_Ant
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    The "COINS" podcast will start tomorrow!

    Posted: 18 Aug 2021 02:10 AM PDT
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