Ripple (XRP) and Ethereum are currently Bitcoin’s biggest competitors.
Ripple which was recently ranked among the top 10 cryptocurrencies in 2018 based on its market capitalization, had a massive growth in value in 2017, rising by 28,000% to become the world’s 3rd most valuable crytocurrency and its value which is currently $1.41 is predicted to rise even more as interest in Ripple XRP continues to grow due to the innovative technology behind this altcoin.
Some of the major benefits of using Ripple (XRP) are;
2. Fast – Ripple speed per transaction is 3sec while BTC’s takes 66mins to confirm a transaction.
3. Low transaction fee – Ripple’s cost per transaction is $0.0004 compared to Bitcoin’s transaction fees which cost $28.23
Best Way to Buy Ripple XRP in Nigeria
Cryptocurrency investment has proven to very lucrative and several African countries has shown interest in this business. Nigerians are among the largest African investors. I will brief explain how to purchase Ripple in Nigeria using Naira.
You can buy Ripple XRP from the following exchange;
On Changelly, Payment is done through your Debit or Credit Card.
They accept cash payment and bank transfer. Visit the website for details.
How to Buy Ripple with Bitcoin or Ethereum
Another way to get Ripple in Nigeria is to trade using other cryptocurrencies preferably Ethereum because transactions are much cheaper and confirmation is done faster.
If you already own Ethereum or Bitcoin you can visit Binance Exchange to convert it to Ripple.
You have to send your Ethereum or Bitcoin to your Binance Wallet, the trade XRP/ETH or XRP/BTC.
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