How do I sell my Ripple (XRP)?

Share this article

Do you own ripple but would you like to convert it back into euros? On our website it’s a walk in the park! In this article we’ll explain how to make this happen.

How do I sell my ripple (XRP)?
Step 1: Create an account on our platform
Step 2: Enter the amount of ripple you would like to sell
Step 3: Send your ripple from your wallet
Step 4: We’ll transfer euros into your bank account

Step 1: Create an account on our platform

Haven’t got an account on our platform yet? Click on ‘Register’ in the top right corner of the screen. Registering an account will only take ten minutes.

In order to create an account you will need to identify yourself. We focus on providing a platform where you can buy and sell cryptocurrencies with the greatest of ease. However, offering services without identifying our users would open the door to illicit activity. For instance it could allow criminals to buy coins with a hacked bank account. We expect that laws and regulations will come into force in the nearby future. To ensure that our customers don’t experience any inconvenience to these potential regulations, we already have a clear KYC policy in place.

The documents we receive from you will be saved to an offline, encrypted hard drive. The provided documents are only available to selected BTC Direct employees, and will never be shared with third parties.

Ready to cash in on your cryptocurrency so you can finally buy that Lambo?

Step 2: Enter the amount of ripple you would like to sell

Now you have a registered account on our website selling ripple (XRP) is easy. Please note: you need to have at least 20 XRP in your wallet when you want to sell your coins. When you have less then 20 XRP in your wallet, the ripple protocol doesn’t allow transactions to be executed.

  1. Log into your BTC Direct account
  2. Choose ‘Sell’ on the homepage and select Ripple in the currency drop-down menu.
  3. On the left side you can enter the amount of XRP you would like to sell. You will be shown the approximate amount of euros you will receive in return.
  4. Click on the button ‘Sell Ripple’ and you will be forwarded to the order form.
  5. Fill in your IBAN bank account number on the order form. If you have previously bought coins on our platform you will have the option to choose from the bank account numbers known to us.
  6. Agree to our terms and conditions and click ‘Sell Ripple’.
  7. On screen you will see our ripple receiving address. To sell your coins, please send the desired amount of coins to the provided address from your wallet.

Step 3: We’ll transfer euros into your bank account

Now you’ve completed all the steps, we’ll take care of the rest!

Your order will be executed as soon as your transaction is visible on the blockchain. We have multiple payout rounds a day so we can ensure you that the funds are in your bank account as soon as possible. In most cases it will be credited into your bank account within two business days.

You will receive an email to confirm your transaction with the exact payout amount. The amount is determined as soon as the transaction is visible on the blockchain.

Feel like this is the moment to sell? Want to place your sell order as fast as possible? Get started with selling your coins via the button below:

Get started selling ripple

Summary

Selling ripple (XRP) is no longer a mystery to you. You can sell your coins by creating an account, starting a sell order and sending the ripple from your wallet to the address we’ve provided you with. We’ll take care of the rest.

If you’ve got any questions, don’t hesitate to contact our support officers!

Share this article