Hello,
So, I'm new to crypto and was reading a little about it and gathering info.
I plan to buy some Ripple and store it for the long term. However I found some difficulties to buy any because I'm not from US nor Europe so I an't use a website like coinbase which everyone is talking about (at least in tutorials and articles I saw). So I did some research and asked and here's what I find, but I still need some help...
- To buy Ripple (or most ALTCOIN) I will need to buy Bitcoin first, and I looked for where to buy and found: localbitcoins, coinmama, kraken.. I think these accept fiat money so I may be able to do a wire transfer even from my country.. What do you think about these websites and which one would you recommend?
- After buying I will then have to send Bitcoin to an Exchange like bitstamp, kraken, poloniex... And then trade it for Ripple for example... Again which one of these sites you think is best? And do you know of nay who can be used in any country in the world?
- To Store Ripple, I will need to use gatehub wallet or rippex desktop wallet... I think I'll go with Rippex
- And finally if I want to cash out and withdraw fiat... Where will I be able to do this? This is the one I'm stuck on right now, any help or suggestions are appreciated.
Please feel free to write your opinions about this and let me know if I'm understanding this right.
Thank you
So, I'm new to crypto and was reading a little about it and gathering info.
I plan to buy some Ripple and store it for the long term. However I found some difficulties to buy any because I'm not from US nor Europe so I an't use a website like coinbase which everyone is talking about (at least in tutorials and articles I saw). So I did some research and asked and here's what I find, but I still need some help...
- To buy Ripple (or most ALTCOIN) I will need to buy Bitcoin first, and I looked for where to buy and found: localbitcoins, coinmama, kraken.. I think these accept fiat money so I may be able to do a wire transfer even from my country.. What do you think about these websites and which one would you recommend?
- After buying I will then have to send Bitcoin to an Exchange like bitstamp, kraken, poloniex... And then trade it for Ripple for example... Again which one of these sites you think is best? And do you know of nay who can be used in any country in the world?
- To Store Ripple, I will need to use gatehub wallet or rippex desktop wallet... I think I'll go with Rippex
- And finally if I want to cash out and withdraw fiat... Where will I be able to do this? This is the one I'm stuck on right now, any help or suggestions are appreciated.
Please feel free to write your opinions about this and let me know if I'm understanding this right.
Thank you