How to Buy XRP20 Crypto (XRP20)

How to buy XRP20 Crypto

What is XRP20 XRP20?

According to Coingecko, XRP20 is : What is the project about? Drawing inspiration from the original XRP, but built as an ERC20 token on the Ethereum blockchain, XRP20 is a more user focused and accessible token, featuring Stake To Earn utility and a burn mechanism making it deflationary. XRP20 aims to democratize access to a token that has traditionally served institutional players. Anybody holding XRP20 can stake their tokens to earn passive income. XRP20 is set up as a deflationary token with a buy and burn mechanism that sends 0.1% of every buy and sell to a burn address. 10% of the total supply is allocated to be burned. XRP20 team firmly believes in the power of decentralization and that creating a new token for the XRP Army will strengthen the ecosystem and embolden the community’s resolve in the wake of its current challenges What makes your project unique? Built on the foundations of XRP and following the movement of offering second chances for those who missed those out years ago, XRP20 aims to offer accessibility, inclusivity, utility, and simplicity and bridge the knowledge gap for new crypto participants as the original XRP token benefited institutional investors. Moreover, with the staking feature, buyers are now able to earn passive income. History of your project. XRP20 presale started on the 31st of July and concluded on the 15th of August, selling out the hard cap of $3,680,000.00 in about 2 weeks. Staking was launched on the 14th of August and over 50% of the tokens available in presale have been staked since then. Claiming of XRP20 went live on the 22nd of August and a trading pool has been created on Uniswap at the same time. What’s next for your project? After a successful launch on DEX, the next phase in the roadmap is the implementation of a token burning mechanism. This feature will automatically reduce the token supply with each transaction, increasing scarcity. Awarding staking rewards is a continuous process which will take place over the course of 4 years. 3,750 tokens are being emitted per ETH block. What can your token be used for? The project is a great opportunity for people who missed out on the early gains of XRP but this time, they can receive staking rewards and earn some passive income as well.

Where can I buy XRP20 Crypto?

You can buy XRP20 on Uniswap.

Why should you buy XRP20?

XRP20 is really one of a kind project. The roadmap is incredibly promising and if the dev team can keep up with the with it, it's only a matter of time for the market to catch up. It's a very risky play but one that can yield amazing profits. Do you own diligence and research the project further so you can make your own decision.

How to Buy XRP20 Crypto?

Step 1 - Setting up a Metamask Wallet

How to setup a metamask wallet

Metamask is by far the most used walled in the world of Ethereum. Whenever you want to buy and sell cryptocurrencies or even use blockchain apps that run on the Ethereum Network, Metamask will be your best friend. Setting up the wallet is also very simple and easy.

Head over to metamask.io and click Download. You'll need to use Google Chrome, Brave Browser, Firefox, or Microsoft Edge for this to work. So make sure you are using one of these four browsers. Now at the end of the page, click on the browser you're using and install the extension.

You are now the Welcome Page of Metamask. Click on 'Get Started.' Now click on 'Create a Wallet.' Choose a strong password for your Metamask wallet and continue.

Very Important Part! Keeping your backup phrase safe is the difference between having millions in your account or be that guy on the landfill looking for his old hard drive.

Click on reveal your backup phrase and write every word down on paper. Make sure you don't save your backup phrase on anything digital. This is for your security. After you wrote down your backup phrase, you'll be asked to confirm it. Click on every word in the correct order, and you should be done.

Step 2 - Buy Ethereum on Simpleswap

Buy Ethereum on Simpleswap

Simpleswap is the easiest way to buy crypto today. Free from registrations, KYC and third-party custody. With Simpleswap we can buy ETH and receive it directly on our on-chain Metamask wallet, skipping most of the steps we'd have to take through a traditional exchange.

Click here to access Simpleswap

Just click the Buy/Sell Crypto tab, insert the USD amount you want to trade for ETH, and click "Exchange", just like this:

Buy Ethereum on Simpleswap

Now all you have to do is click the Metamask fox logo to directly copy and paste your Metamask Ethereum address. It should add it automatically.

Buy Ethereum on Simpleswap

You can now choose between Google Pay or card to complete the payment:

Buy Ethereum on Simpleswap

Once you complete the payment, all you gotta do is wait a few minutes for the payment confirmation, and for the on-chain transaction to complete. Once all that is completed you should see your updated balance in Metamask.

Step 3 - Buy XRP20 on Uniswap with ETH

Buy XRP20 on Uniswap with ETH

Uniswap is currently the number one Decentralized Exchanged in the world, and it's simply the best place to buy cryptocurrencies that aren't available on sites like Coinbase or Binance.

Before we head over to Uniswap, we need to prepare your Metamask Wallet to receive XRP20. Open Metamask, scroll all the way down, and click here:

Add XRP20 token to Metamask

Select Custom Token and paste this token contract address there:

0xe4ab0be415e277d82c38625b72bd7dea232c2e7d

The rest should autofill, and you need to click next and then add tokens. Your account is now ready to receive XRP20 (XRP20).

You can check the price and confirm the correct token address of XRP20 on Coingecko.

Let's buy some XRP20!

Go to Uniswap. On the upper right corner, click on Connect Wallet and select Metamask. A confirmation popup should open on Metamask (click on the "little fox logo" if you don't see it). Now you need to accept, connect, and your wallet should be connected to Uniswap.

Select a token and paste the Token contract address: 0xe4ab0be415e277d82c38625b72bd7dea232c2e7d

Click Import and accept the terms.

Now you have to select the amount of ETH you want to trade for XRP20. After you confirm it, another popup will appear from the Metamask extension and you should approve the transaction.

Wait a few minutes, and your XRP20 should appear on your Metamask Wallet.

Congratulations! You are now a proud Investor of XRP20!

In case your transactions keep on failing, adjust your slippage tolerance. To do that, click on Uniswap's gear icon, and put 5% here:

Adjust slippage on uniswap

Step 4 - Store XRP20 on Ledger

Check out our guide on how you can store XRP20 on Ledger's Hardware Wallet

Check out XRP20 links:

Please make sure you read our Disclaimer. We are not financial advisors.

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