How to Use XRP to USD Converter for Ripple Conversion

You want to convert Ripple coins to US Dollars. We are here to help. You can visit our exchange for using XRP to USD Converter. Our domain has millions of users that trust our services and have benefitted from them. Before going to our exchange, there are certain requirements and instructions that need to be fulfilled and followed. These requisites are necessary for our users so that they can carry out their services on our exchange smoothly. To begin your XRP to USD Conversion, follow the below-listed steps

1. To start your conversion, register yourself on our exchange. The registration process itself is quite simple and fast
2. As soon as you get registered successfully, you will be given a cryptocurrency exchange wallet. Consider this wallet a temporary wallet for storing your digital assets whenever you decide to do a conversion, buy & sell or liquidate. Do not store your digital currency on this allotted exchange wallet for the long term. As these currencies are volatile and prone to theft
3. Transfer your XRP coins to the allotted wallet and go to the conversion menu
4. Inside the conversion menu, select XRP Ripple from the cryptocurrency drop-down menu under the label “You will send”. Now for receiving your US Dollar currently, you have to provide a method of receival. Select “Direct Bank Deposit” under the label “You will receive”. We recommend the “Direct Bank Deposit” option as it is safe and convenient for users to undergo through
5. Provide the amount of XRP coins that you want to convert. This amount will always be less than equal to the number of coins available on the exchange wallet
6. You will see a QR (Quick Response) Code. By scanning it, you can obtain the payment ID. On this payment ID, you will submit your XRP coins payment
7. After payment submission, you will receive your payment receipt against the made payment. Take a screenshot of this receipt and upload it for the verification of your XRP coins payment
8. Provide information in the given text fields
9. After fulfilling every info and process, finalize your conversion by submitting upon “Confirm Conversion”.

Now the conversion is finalized. You will receive your United States Dollar currency shortly after, and it will be deposited directly into your bank account. Finance managers will be in contact with you in order to verify and confirm your successful conversion of Ripple coins.

Ripple is a remittance settlement, that to its users, offers cross-border payment services. Ripple stands out from all other cryptocurrencies due to the duality in its nature. It is considered both centralized and decentralized naturally. The Ripple Lab controls the circulation of coins by releasing them all at once. When they are released at once, the need to mine them gets terminated, making them centralized. Now as it still has no backup reserves and is termed as cryptocurrency, it is also decentralized in nature. This phenomenon outshines other digital assets. Ripple is also in talks with Western Union, which is famous for money order and transferring across countries. Both Ripple and Western Union are testing out their cross-border money order mechanisms through blockchain and advancing towards a new way of doing financial transactions.