Ultimate guide on how to
buy Ripple (XRP) on Bithumb

Step by step guide on buying Ripple (XRP) on your Bithumb account

Bithumb is the largest and highest-volume cryptocurrency exchange in Korea and is ranked among the top 10 worldwide cryptocurrency exchanges regarding trading volume, which offers the lowest commission rates in the world.

Here are the practical steps on how to trade Ripple (XRP) on your Bithumb account:

  1. Sign up for an account on Bithumb
  2. Log in on Bithumb via the link sent to your email
  3. Use OTP Authentication on Bithumb
  4. Verify your Bithumb account
  5. Deposit funds to your Bithumb account
  6. Start trading on Bithumb

1. Sign up for an account on Bithumb

Go to https://www.bithumb.com and click on “Sign Up.”

How to Sign Up on Bithumb

Enter the information needed like email address, password, cell phone number, etc.  Tick the small boxes to agree with the terms and conditions, the Captcha, and then hit “Sign Up.”

How to Sign Up on Bithumb

How to Sign Up on Bithumb

How to Sign Up on Bithumb

Good job! You have signed up an account on Bithumb.

 

2. Confirm and log in to your Bithumb account

After signing up, a link will be sent to your email to confirm your account. Click on the link that will redirect you to your Bithumb account.

Enter the email address and password you have registered and then click “Sign In.”

How to log in on Bithumb

Enter the security password you used when you signed up then click “Confirm.”

Nice! You have confirmed your Bithumb account.

 

3. Use OTP or 2FA to protect your Bithumb account

In the crypto world, protecting your account is highly recommended to keep hackers away from stealing your funds. To do this, the account user must set up a 2FA or 2-Factor Authentication. It is an extra level of protection having one part as your username and password, and the other a piece of information like something the account owner knows, have or is, which includes OTPs send to your mobile phone,  PINs, answers to “security questions,” or a biometric pattern of a fingerprint.

On your Bithumb account, go to the “OTP Authentication” tab on the left side of the main page. Follow the instructions provided and click on “Next.”

How to Set Up 2FA on Bithumb

Perfect! Your Bithumb is now safe. 

 

4. Verify your Bithumb account

To start depositing funds, you must first verify your Bithumb account.

How to verify your account on Bithumb

Select the “Authentication” tab at the left side of the page. There are certain levels in which you can access your account better. Upon signing up, you are automatically at LEVEL 1. To get to the next level, you are required to verify your ID with your mobile phone, I-PIN ID confirmation or submit an ID (passport). Level 3 requires a Written Consent, and Level 4 needs the verification of your residence.

How to verify your account on Bithumb

You can also check out the Deposit Limit and Withdrawal Limit on each currency at this page.

How to Check Deposit/Withdrawal Limit ion Bithumb

Awesome! You have verified your Bithumb account. 

 

5. Deposit Funds on your Bithumb account

From the homepage, select the “Wallet” tab at the top and choose “Deposit.”

How to Deposit Funds on Bithumb

Or click on “Deposit/Charge” at the upper right side of the page.

How to deposit on Bithumb

Way to go! You have successfully funded your Bithumb account. 

 

6. Start trading on your Bithumb account

Click on “Exchange,” the first tab at the top bar beside Bithumb Cash. Next, select the currency you wish to trade.

How to trade on Bithumb

Let’s say you want to buy Bitcoin. Click on it, and you get directed to the trading page. Enter the amount you desire to trade, and then hit “Buy.” Remember, always to check your order before proceeding.

How to buy Ripple (XRP) on BithumbYou can check your transaction history at the bottom of the page at the “History” Section or by clicking on the “Pending Order” and “Completed Orders” buttons at the bottom of the vertical tab on the right side.

Fantastic! You have just bought your first Ripple (XRP) your Bithumb account. 

Transferring Ripple (XRP) from Bithumb to other exchanges.

Transferring Ripple (XRP) from Bithumb to wallets.

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Please do your own research on all of your investments carefully. Scores are based on averages of third party websites.  Past performance is no indicative of future results. Read the full disclaimer here.