bitmama

BACK TO ALL ARTICLES

bitmama

How to buy Ripple (XRP) in Nigeria instantly on Bitmama

Ripple (XRP) is one of the relatively popular cryptocurrencies today and has consistently appeared top 10 for years now based on market capitalisation. XRP is also a payment network that is designed to facilitate faster and cheaper payment transactions. One of the major advantages of Ripple is that you can confirm it every 3 to 5 seconds compared to other cryptos like Bitcoin which can take over an hour. For those who are new to XRP and looking to learn how to buy XRP in Nigeria, this article is for you. 

Understanding Ripple and XRP

Although used interchangeably, Ripple and XRP do not exactly refer to the same thing. Basically, Ripple is the company behind XRP, which is the crypto coin. Initially launching in 2012 as OpenCoin, it rebranded to Ripple Labs in 2013 and settled as Ripple in 2015. 

According to Ripple, its payment network will create a new global finance era of transactional speed. Basically, you can use its products for global payment similar to SWIFT which facilitates financial transactions globally.

The-best-crypto-exchange-platform
The-best-crypto-exchange-platform

Where can I buy XRP?

Although you can buy XRP from any trusted crypto exchange, however, we recommend that you do so from the Bitmama platform. Basically, you can purchase XRP either from Bitmama or through the Bitmama P2P exchange (which is completely free). Bitmama is simply the answer to – how to buy XRP in Nigeria.

Download the Bitmama app on Android or iOS to get started today.

Exciting Read – Crypto terms for beginners – What every trader should know

How to buy XRP in Nigeria on Bitmama

Let’s take a look at the two ways you can purchase XRP on Bitmama: 

Purchasing XRP directly from Bitmama

Follow the steps below to purchase XRP directly from Bitmama: 

1. Download the Bitmama app for Android or iOS, register and log in. 

2. Navigate to the verification page in your ”Account” section. Click on the verification button to submit the necessary documents and verify your account up to level 3.

Bitmama Verification
Bitmama Verification

3. Fund your Bitmama wallet with the sum you wish to purchase XRP by selecting “Fund” on the homepage and following the process. 

4. Return to the homepage and, select “Buy”.

Bitmama Buy
Bitmama Buy

5. Select XRP from the drop-down menu offering the types of crypto you can purchase. 

Bitmama Buy XRP
Bitmama Buy XRP

6. Select the wallet you wish to be debited from (Naira, Cedis or Shellings).

7. Lastly, crosscheck all the relevant details and select “Buy” if it checks out. 

8. Your Bitmama crypto wallet will be credited instantly with the purchased XRP. 

Recommended – How to set up Shopify payment using Bitmama virtual cards

Purchasing XRP from the Bitmama P2P exchange: 

Follow the steps below to purchase XRP from Bitmama P2P exchange: 

1. Download the Bitmama app for Android or iOS, register and log in. 

2. Navigate to the verification page in your ”Account” section. Click on the verification button to submit the necessary documents and verify your account up to level 3.

Bitmama Verification
Bitmama Verification

3. Select “P2P” in the bottom menu on your screen

Bitmama P2P
Bitmama P2P

4. Lastly, proceed to browse the available listing and choose the XRP deal that works for you. Select “Buy” to initiate the transaction and complete the process. 

As the best crypto exchange app in Africa, Bitmama offers a secure marketplace for crypto enthusiasts to trade XRP and other types of cryptocurrencies. 

Perform activities like crypto exchange, crypto staking, and creating virtual dollar or crypto cards for online payment. Get started today by downloading the Bitmama app on Android or iOS.

bitmama

Emmanuel Agwu

Apr 17, 2023

3 mins read

Join Newsletter

Sign up to our newsletter today to be on top of every development in the cryptoverse.

right arrow

Share Article

bitmama social

Copy Link

  • Company
  • About
  • Career
  • Privacy Policy
  • Terms of Service

Did you know you can do more with crypto while on the go?

Get Bitmama mobile app and find out

Bitmama

Fastest, Easiest and Cheapest way to buy cryptocurrencies.

Bitmama Google Play Store
Bitmama App Store
Bitmama facebook handle
Bitmama instagram handle
Bitmama twitter handle
Bitmama linkedin handle
Bitmama

Bitmama offers its products and services in partnership with licensed transmitters in their respective jurisdictions.

All trademarks and brand names belong to their respective owners. Use of these trademarks and brand names do not represent endorsement by or association with Bitmama.

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT: To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an Account. What this means for you: When you open an Account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see a copy of your driver’s license and/or International Passport.