Coinbase announced this today through a post on its Twitter handle. finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. Once you find a seller, you will need to agree on a price and then pay the seller directly. Where or How can I buy more XRP? In 2017, the company transferred 55 billion of its 80 billion XRP tokens into an escrow account. Its a little like putting the cart before the horse, he said. Source: Bloomberg. Many believe that more exchanges will follow suit, causing the coins liquidity to suffer in the long run. If this is your first time buying cryptocurrency you'll need to look for a platform that accepts US dollars, like KuCoin or Kraken. XRP price is experiencing a downtick as bears have induced a 3% decline since the New York session's opening bell. Your capital is at risk. Binance also provides a Safe Asset Fund for Users (SAFU), which is an insurance policy that provides traders with protection against hacks. Back to Markets XRP XRP / USD Not available in US Native $0.34201 -0.51% 16:00 20:00 31. Potential regulations or policies can affect their availability and services provided. If you want to buy XRP with US dollars, you'll need to pass a Know Your Customer (KYC) check. Can anyone help? The Ripple payment settlement system and currency exchange network is used by businesses to process transactions in over 190 countries. Your purchasing options will be limited and, You may end up losing your initial investment and being charged. In a list updated by the New York State Department of Financial Services, Ripple (XRP) was approved for custody by companies, but was not approved for listings. Once you have found an exchange, you will need to create an account and deposit funds into it. In this video we go over the 4 steps its takes to buy XRP if you live in New York, or any State for that matter. Don't forget to review the full details of your transaction before you submit your order. Both actions are easy to carry out, and you can enjoy the exchange's relatively However, if you plan on using a new exchange for the trade, the first thing you'll need to do is find out which exchanges support XRP, then check out the features they have to offer. Bitstamp is a digital asset exchange that allows users to buy and sell XRP. The use of digital currencies by central banks necessitates the management of a secure, controlled, and flexible solution. Shares in Ripple Labs are not publicly traded, which means you can't purchase them on traditional stock trading platforms. The simple answer is that XRP is not available for New York residents because it is not a security. If you've decided that you want to exchange XRP for another digital currency, you can do so by following these steps: If you want to sell your XRP on the same platform you used to purchase them in the first place, skip ahead to step 2. Using CEX.io, you can buy XRP either via credit or debit card, or by placing a trade order. News and analysis for the professional investor. Also, as a new customer, you dont have extra fees, but after that Crypto.com charges 3.5% How to buy XRP in New York (and other non-friendly cryptocurrency states). Some exchanges let you transfer funds from your debit card to spend as you like. Crypto exchanges in New York are limited to transactions conducted through the Department of Financial Services, which has greenlit all cryptos. This is a significant development for the Ripple community. Over the last year, XRP price is -46.81%. In recent weeks, there have been indications that the SEC may be preparing to settle the XRP lawsuit. 32 East 31st Street, 4th Floor, Until the NYDFS provides clarity on the status of digital assets, XRP will not be available for New York residents. Some platforms only offer 1 way to buy XRP, while others provide several choices. KYC is usually approved instantly, but in rare cases, you may have to wait a few hours or days. Started 20 hours ago, By XRP has a loyal following which helped it reach an all-time-high price of $3.40 in January 2018. WebOpen an xrp ledger account with an app like xumm or use xrptoolkit from your nano ledger. Despite this, the company has stated that it will remain a supporter of the XRP community. His expertise has seen him called on to report at events such as TechCrunch Disrupt, CoinDesk Consensus and IBM Think and has coordinated a vast number of high-profile interviews with the industry's brightest minds. If you Toros website is very simple to use, and you can open your crypto account in less than 5 minutes. Once your account is funded, you can buy XRP on the exchange. The Ripple network is powered by the native currency of the network, XRP. You can also place fiat money or cryptocurrency into your account and start purchasing XRP immediately after you open it. However, it also highlights how a lack of regulatory clarity is the biggest obstacle to the adoption of cryptocurrency We may also receive payment if you click on certain links posted on our site. Compare today's price of XRP ($0.3733 USD) against its all-time high (ATH) price of $3.40 USD on January 07, 2018. A cryptocurrency owner owns, controls, buys, sells, and exchanges crypto for others. Residents of the United States now have access to the Ripple (XRP) exchange via a credit card and ApplePay, which is a leading decentralized exchange based on the XRP Ledger. To do this, you'll need to log into your account, find the relevant wallet address for XRP, and make sure the tokens you deposit are sent to that address. Finder or the author may own cryptocurrency discussed on this page. You need to be a member in order to leave a comment. Coinbase is now available in New York for the purchase, sale, conversion, sending, receiving, and storage of XRP. MathewAnderson Finder, or the author, may have holdings in the Ripple or any other cryptocurrency discussed. Ripple is a cryptocurrency that was released in 2012. If you believe Ripple will eventually become a payment system, you should consider purchasing XRP. The Securities and Exchange Commission is suing Ripple, claiming that it sold over a billion dollars in unregistered securities through XRP cryptocurrency. In comparison to large bank fees, Ripple has a standard transaction fee of 0.00001 XRP, which is extremely low. Its a fast and easy way to try out new crypto assets and much more. kraken wont accept new york residents either, basically coinbase was the only way i knew of to purchase xrp living in new york. On a number of exchanges, including eToro, Kraken, and Huobi Global, you can purchase XRP. As always, Have a mighty and powerful day.forOmni social Links:https://smartpa.ge/forOmniLinks in video:If you'd like to sign up to #Bitrue and want to support this channel use this link; please and thank you: Referral code: LQZGHGIOS: https://apps.apple.com/app/bitrue/id1435877386Android: https://play.google.com/store/apps/details?id=com.bitrue.currency.exchange\u0026hl=en\u0026gl=USlink to get #XUMM Wallet: Xumm.appNot Financial Advice, Just a researchers perspective. Ripple can only be purchased with a debit card at a Binance branch in the United States. If you want to sell XRP, some of the factors you need to consider include: Tim Falk is a freelance writer for Finder. In theory it does work but the bitstamp-usd xrp pair doesn't look very liquid. (Tho I loathe Coinbase, I'd By Jake Simmons 10. Our information is based on independent research and may differ from what you see from a financial institution or service provider. Ripple can be used to purchase goods and services, or can be traded on exchanges. This bureau safeguards the US financial system by working to prevent money laundering, terrorist-financing activity and other financial crimes. Because the Bitstamp platform runs on a similar engine to the NASDAQ, orders are executed quickly regardless of the market conditions. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. The most popular XRP pair is XRP/USDT on Binance Futures , where it has a trading volume of $ 459.86M. By The SEC, on the other hand, has yet to rule on the matter. WebTo check 's price live in the fiat currency of your choice, you can use Crypto.com's converter feature in the top-right corner of this page. This will usually allow you to deposit cryptocurrency, but not USD. Optional, only if you want us to follow up with you. They are necessary for digital assets to be traded at the scale they are today. The XRP Ledger, in comparison to a proof-of-work blockchain, consumes 61,000 times less energy. WebBuy and sell XRP at Bitstamp the world's longest-standing crypto exchange. This will help you decide whether to keep it on an exchange, or move it to your own wallet. It is possible to install iOS or Android apps on any Apple or Google smartphone. Coinbase is a major digital currency exchange in the United States that provides access to thousands of coins. Talk with a financial professional if you're not sure. Finder makes money from featured partners, but editorial opinions are our own. While you might commonly see the term "Ripple" used to refer to the XRP cryptocurrency, this isn't the correct way of referring to this widely traded digital currency. Please appreciate that there may be other options available to you than the products, providers or services covered by our service. Bitcoin is legal to purchase in New York state through an online exchange or service that has a valid BitLicense as well as at a Bitcoin ATM. As a result, if the company is using the token to sell securities, it will be breaking the law. Sign up for First Mover, our daily newsletter putting the latest moves in crypto markets in context. Follow these four easy steps to get started. Press J to jump to the feed. Ripple and the executives have said the question of whether or not the law was vague should go to trial. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Some offer other options like Faster Payments (FPS), SEPA and wire transfers, but make sure you check if you'll be charged a deposit fee first. However, due to the security risks associated with crypto exchanges, it's generally recommended that you move your digital currency into a secure wallet that allows you to retain control of your private key. There are Coinbase locations in New York. Many crypto traders and investors prefer Coinbase because of its high level of security. I haven't actually used them, I've just been holding forever. When Ripple decides to sell its pre-mined coins on the secondary market, XRP enters circulation. Ripple connects banks, payment providers and digital asset exchanges via RippleNet to provide one frictionless experience to send money globally. WebBuy Ripple (XRP) in United States Advertising Disclosure FX Empire is a leading authority on cryptocurrency exchanges. Ripple is a cryptocurrency that was created in 2012. Step 3. Instead, it uses a distributed ledger system that is managed by a network of nodes. All the content may be republished with a link to this page The XRP is the native digital currency of Ripple. Started 9 hours ago, By Then deposit funds to bitstamp, and withdraw the bitstamp-USD to your xrp ledger In the meantime, investors can still buy XRP on Coinbase and other platforms. Coinbase is a fantastic option for anyone who wants to buy or sell XRP in the United States. This means you'll need to find the XRP address of your exchange wallet so that you know exactly where to send your XRP when transferring them from an external wallet. Residents of New York will be able to purchase, sell, and store XRP on their computers. The biggest crypto news and ideas of the day. Coinbase, a leading cryptocurrency exchange, has launched XRP trading in New York state. XRP has a global 24-hour trading volume of 52,267,870,366. 20-CV-10832. Ripple Labs Inc, U.S. District Court, Southern District of New York, No. What does it really do? Coinbase is available for purchases in New York using a bank account, wire transfer, ACH, or debit card. On iOS and Android mobile devices, you can use the apps, while on Google devices, you can use the apps. WebThe first resistance level to follow for XRP, which is currently priced at 38 cents with an increase of 2.34%, is in the 40 cent region. Because XRP will be worth less, investors who bought it may feel the impact. The only way to invest in Ripple is to purchase XRP tokens through an online exchange. At Easy Crypto, it is possible to sell up to $30,000 NZD in Ripple after only verifying your ID and address. Move it off exchange afterwards. 3. Currency Converter Amount USD 1 = 0 USD The XRP Ledger is made up of a private version and an open-source version. If you like, you can then withdraw your XRP to a, Bank transfer, Credit card, Cryptocurrency, Debit card, P2P, USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND, Bank transfer, Credit card, Cryptocurrency, Debit card, Apple Pay, Google Pay, Bank transfer, Credit card, Debit card, Bank transfer (SEPA), Apple Pay, Google Pay, USD, GBP, AUD, EUR, CAD, CNY, JPY, SGD, INR, NZD, Bank transfer, Credit card, Debit card, Neteller, EUR, GBP, USD, AUD, CAD, PHP, SGD, CHF, HKD, JPY & 30+ more, Bank transfer, Credit card, Cryptocurrency, Debit card, SEPA, Faster Payments (FPS), Bank transfer, Credit card, Cryptocurrency, Debit card, PayPal, Wire transfer, Apple Pay, Google Pay, SWIFT, USD, EUR, GBP, COP, CHF, HKD, SGD, AUD, CAD, KRW, SEK, CNY, TRY, RON, JPY, NOK, MYR, BRL, DKK, ZAR, BGN, THB, INR, TWD, PHP, IDR, MOP, MDL, SAR, MXN, CLP, Bank transfer, Cash, Cryptocurrency, Bank transfer (SEPA), Bank transfer, Cash, Debit card, Wire transfer, Apple Pay, Google Pay, Check, USD, EUR, GBP, CAD, NZD, JPY, HKD, NOK, DKK & 9 more, AdvCash, Cryptocurrency, Wire transfer, SWIFT, GBP, USD, AUD, EUR, INR, BRL, KHR, CAD,CNY, NZD, RUB, Credit card, Cryptocurrency, Debit card, Banxa. Source: Bloomberg. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. It figured out my ip and says ' unavailable in the state of new York ' for xrp. New Yorkers can mine coins from the mining process but they are not permitted to exchange them. Open an xrp ledger account with an app like xumm or use xrptoolkit from your nano ledger. Ripple (XRP) and the crypto survey. This lets you instantly exchange one crypto for another even if there is no trading pair on the spot market. Advertiser Disclosure. You can buy any available cryptocurrency with your Bitcoin if the exchange youre using allows it. In order to increase the cost of transactions, load on the network is also expected to rise. Head to consensus.coindesk.com to register and buy your pass now. The 2 most common ways to buy XRP are on the spot market or with an "instant buy" feature. From there you can trade Bitstamp-usd for xrp directly on the xrp ledgers decentralized exchange from the xumm app or your nano ledger(using the xrp toolkit). Upcoming Events. New York Residents Cryptocurrency Exchange Coinbase. Crypto exchanges are where traders can buy, sell and convert different cryptocurrencies and NFTs (non-fungible tokens). The US Corporate government seeks to Knowing how to sell XRP is only half the battle, so use our list of exchanges to some of the best places to sell XRP. * Powered by our partners. The final thing you need to do is withdraw your fiat currency into your linked bank account. What is the implication of the investigation? Residents of New York have fewer options when it comes to purchasing cryptocurrency, but the ones they do have are extremely valuable. With no fiat currencies involved. Dec 04:00 08:00 12:00 -1.25% -1% -0.75% -0.5% -0.25% 0% 0.25% 0.5% 0.75% Remember to enable 2-factor authentication on your account before moving on to step 2. In terms of market capitalization, XRP ranks in the top ten, but it is still a long way off the peak reached in early 2018. uphold, gatehub and Kucion will not sell in NY. Started March 12, 2019, Xrp Chat is not affiliated, associated, authorized, endorsed by, or in any way officially connected with Ripple, or any of its subsidiaries or its affiliates. In addition, Robinhood, which has a valid BitLicense, allows you to purchase crypto. In 2019, Binance.com ceased to operate in the U.S to comply with Know Your Customer (KYC) and anti money laundering (AML) rules. HAL1000 johnnyd 6 Author Posted January 7, 2021 At this time, the only place to buy XRP in NY state is through a digital currency exchange. If the SEC determines that the XRP token is an unregistered security, the token may be subject to securities laws. If you want to invest in this project in the long term, you can now buy XRP at a low cost. Carefully consider investing in XRP as part of a wider strategy, and talk to a financial advisor if you have any questions. Additionally, the broker offers a market insights section where you can learn about the latest news and updates on the crypto market. Talk with a financial professional before making a decision. We may receive compensation from our partners for placement of their products or services. What is ripple labs doing to meet all of these concerns? One of the reasons Ripple supports the cryptocurrency is that it owns a percentage of XRP circulations. forOmni 429 subscribers Subscribe 1.9K views 10 months ago In this video we go over the While this has helped make XRP the #6 crypto by market cap, Ripple is still a highly volatile asset capable of major price swings in a single day. The Securities and Exchange Commission is currently pursuing a lawsuit against Ripple Labs, and one major cryptocurrency exchange has halted XRP trading. There is no need to open an account before adding a bank account or debit card to it. Talk with a financial professional before making a decision. We may receive compensation from our partners for placement of their products or services. Ripple is only available for purchase via debit card at a branch of Binance in the United States. WebYou can watch Ripple and buy or sell other crypto commission-free! We have placed cookies on your device to help make this website better. Therefore, the current XRP market cap is $19,272,990,945. XRP (XRP) is now available to Coinbase users who are New York March 1, 2023 10:15 pm. A payment system that makes global transactions faster, more secure, and less expensive is the foundation of Ripple. It is an intelligent machine that does what it is supposed to do. Selling higher amounts of Ripple is possible. How To Send Cardano From Ledger Nano S To Bittrex, How To Transfer Tokens From Kucoin To Metamask, How To Do Your Kucoin Taxes In A Simple And Straightforward Way. Can you name some, I'd be interested. Remember that owning and using XRP is not without its risks. Because Ripple requires a reserve of 20 XRP, you must allocate them. The coin could reach $10 in 2022 as crypto becomes a bull market again, according to CoinQuora. But you should think very carefully before buying XRP with a credit card, because: Buying XRP with cash isn't common in the US, but it can still be done with a platform like SatoshiTango. Then deposit funds to bitstamp, and withdraw the bitstamp-USD to your xrp ledger account(ripple IOU). On 2/19/2021 at 12:37 AM, brianwalden said: Where can one buy XRP, when they live in New York? Before you buy XRP, make sure you understand and weigh up these risks: Finder's panel expects the XRP price to trade as high as $0.90 by the end of December 2022 from the current price of $0.53. Unlike most other cryptocurrencies, the XRP platform works in a completely different manner. Despite the fact that the XRP community is disappointed in this development, they are confident that the currency will continue to grow. Web67.5K subscribers Subscribe 55K views 1 year ago #XRP #Cryptocurrency #Investing KuCoin Best Exchange With Over 400 Altcoins ( Buy/Sell XRP ) http://bit.ly/2ZtZWh3 Join BlockFi Transaction fees on the Ripple network are currently only $0.0008007. The digital token will only be required during theinterbank transaction process for a short period of time. Ripple is different from other cryptocurrencies in that it is not mined, but instead is created by the Ripple company. If youre considering investing in XRP, you should be cautious because there are several reasons to do so. Ripple's seen a decrease of -51% over the past year. Today XRP is trading for $0.3733, which is slightly up from yesterday's trading price of $0.3773. For example, at crypto.com and Binance, you will be charged 2.99% and 4.5% respectively. It was designed as a digital payment network to reduce the cost of international payments. Watch: Ripple CEO Brad Garlinghouse says an SEC suit against his company is not good for the industry. Once your funds are deposited, you will be able to purchase XRP. XRP Lawsuit Update - Whats in line for XRP price in 2023. There are a few different exchanges that offer XRP, so you will need to research which one is best for you. (This story has been corrected to fix a typo in paragraph 6) (Reporting by Jody jetbrzzz 1 Jack21 327 Posted January 7, 2021 in that case buy usdc with your usd, move it to binance global, don't need to verify for low purchase last time I check. Watch: Ripple CEO Brad Garlinghouse says an SEC suit against his company is not good for the industry. By KATIE CLONTZ kclontz@thecouriertimes.com. This guide provides step-by-step instructions on how to buy FLOKI, lists some exchanges where you can get it and provides daily price data on FLOKI. Once verified, you can deposit USD using the payment method that best suits you bank transfer, credit card, cryptocurrency and debit card payments are widely accepted. Regardless of whether you're selling or buying, trading cryptocurrency is risky. If you want to sell more than $30,000 worth of XRP, dont worry. This guide provides step-by-step instructions on how to buy UMA, lists some exchanges where you can get it and provides daily price data on UMA. Don't think it'll be practical for a large amount of xrp ? This guide provides step-by-step instructions on how to buy Voyager VGX, lists some exchanges where you can get it and provides daily price data on VGX. You can sell Bitcoin and other cryptocurrencies through any crypto trading platform. Be a smarter, safer investor in eight weeks. The SEC has had a number of concerns about Ripple Labs, and the company has worked very hard to address them. Ripple and the executives have denied the allegations, and the company has argued that XRP has traded and been used as a digital currency. Let us know in the comments what you think. This guide provides step-by-step instructions on how to buy Reserve Rights, lists some exchanges where you can get it and provides daily price data on RSR. Step 1: Open an eToro Account: The first step to buying Ripple for beginners is to find an online broker. Simply open the New Order page, fill out our order form and click SELL. Apples iOS and Android mobile apps are available through appstore.com or the companys mobile site. Digital assets are volatile and risky, and past performance is no guarantee of future results. After establishing a bank account, you can deposit fiat money or cryptocurrency into it, and then buy XRP directly from it. This is a standard security procedure for most exchanges in the US and requires you to upload some photo ID, and in some cases a selfie with today's date. Lots of exchanges accept credit cards as an instant purchase method. After you purchase XRP, the tokens will be placed in your Binance web wallet. Bitstamps trading platform allows users to trade Ripple cryptocurrency for a low fee. XRP has decentralized exchanges? US Corporations September 30th fiscal payment deadline Sep 30, 2023 USA Each year around that time, as the payment deadline approaches, we see all sorts of maneuvers. They offer a diverse range of assets as well as a comprehensive platform, making them an excellent choice for investors looking to invest in cryptocurrency. Xrp Chat is not affiliated, associated, authorized, endorsed by, or in any way officially connected with Ripple, or any of its subsidiaries or its affiliates. By signing up, you will receive emails about CoinDesk products and you agree to ourterms & conditionsandprivacy policy. Where can I buy and sell XRP? Because XRP is one of the world's biggest cryptocurrencies and listed on a huge range of exchanges, you're spoiled for choice. It is critical to remember that for XRP to be useful, it must have a high circulation rate. To create an account on an exchange, you will need to verify your email address and identity. Reddit and its partners use cookies and similar technologies to provide you with a better experience. We may receive payment from our affiliates for featured placement of their products or services. XRP, the third most valuable cryptocurrency in terms of volume, has been made available for purchase in New York. A BitLicense is a license issued by the New York State Department of Financial Services for virtual currency transactions. Yup, I know. How to buy Optimism | Buy OP in 4 steps | Finder.com. 10 - 30 comment karma. XRP is the fastest and most scalable digital asset today. Then, it's a matter of clicking "Generate Deposit Address" and using the address provided as the destination for your XRP transfer. Sort exchanges by deposit methods and fiat support, then click Go to site when you find the right fit. It's easy! Due to an SEC lawsuit, it is no longer available on many U.S. cryptocurrency exchanges. When comparing offers or services, verify relevant information with the institution or provider's site. When hes not staring at his computer, you can usually find him exploring the great outdoors. Source: Bloomberg. This is usually the only option available for credit or debit card purchases, but you may also be able to make an instant buy if you've pre-funded your account with a bank transfer. These tokens were distributed to individuals and companies which has called into question how decentralized XRP truly is as a large majority are held by just a few entities. Look at their features, fees, security and overall reputation to decide which platform is the right fit for you. Ripple allows banks to channel liquidity into emerging currencies while eliminating the need for intermediaries such as banks. If you want to buy XRP, start by comparing a range of crypto brokers and exchanges available in the US. buy xlm on coinbase send xlm to atomic wallet convert xlm to xrp while on atomic wallet send that xrp back to your coinbase wallet hope it helps peace & light On the Ripple network, XRP is the primary cryptocurrency, and it has consistently ranked among the top ten most valuable cryptocurrencies by market capitalization. XRP, like the rest of the cryptocurrency market, has struggled to perform well. Don't worry too much about extra features or coins for now you can always sign up with another exchange later. Web$0.34143 XRP/USD - Buy XRP - Bitstamp All payments paused due to public holidays: December 26, 2022, and January 2, 2023; credit card deposits unaffected. Started Friday at 03:25 PM, By This is just an aide in the right direction. Where do I purchase XRP? In a letter to the court, Ripples lawyers indicated that they had had productive discussions with the SEC and hoped that a settlement could be reached. You can buy XRP on a cryptocurrency exchange, or you can find a local seller and buy XRP directly. XRP is an asset on this network and is used by the company Ripple for cross-border settlements. Disclaimer: This page is not financial advice or an endorsement of digital assets, providers or services. WebXRP is trading on 129 cryptocurrency exchanges across 409 trading pairs. Apps for Apples iOS and Android platforms can be downloaded from the companys mobile website or appstore.com. 20-CV-10832. Consider an exchange registered with FinCEN for added peace of mind. Cryptos are complicated assets that are infamous for their price volatility, so it's essential that you're fully aware of all the risks associated with your transaction before you proceed with it. WebBuy XRP (Ripple) instantly Now you can Buy Ripple with a bank card easily! Selling XRP for another cryptocurrency, for example. Cryptocurrencies are a highly volatile investment product. Exchanges were forced to remove XRP from their platforms as a result of the ongoing lawsuit. Many exchanges support free and instant bank transfers in the US. Can't use exodus with xrp unless you have a vpn. Cryptocurrency exchange Coinbase has launched trading support for XRP for New York state residents. Coinbase also recentlystarted offering a fast and free payments service using XRP and USDC stablecoin. I did this today to check it out. Finder is a registered trademark of Hive Empire Pty Ltd, and is used under license by HAL1000 Customers from other countries do not suffer as a result of this. Because Ripple has a stake in the XRP token, the SEC is looking into the company. Create an account with one of the exchanges in our table like KuCoin, complete the KYC verification process and deposit funds using USD or cryptocurrency. Consider your own circumstances, and obtain your own advice, before relying on this information.

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how to sell xrp in new york