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How Can I Sell Ripple?


The concept of a selling Ripples dependents upon the way that many cryptocurrency transactions are facilitated. In many cases, transactions are made via an order book, whereby a seller can indicate a particular price at which he or she would like to sell a given number of units of the currency. However, there is some popular option for exchanges are also available:

Sell on GateHub

GateHub appears to be one of the bigger exchanges for trading between XRP and USD and seems reputable. At the same time, it has downsides:

GateHub is UK based so they would add a $15 international wire transfer fee to get my USD back to my US Bank Account.

It never verifies identity.  So the prospect of uploading information seemed a little scary

Sell on Coinbase

Coinbase is a US-based virtual currency exchange and is considered as a convenient option. No additional identity risk and Coinbase would allow me to ACH out my USD funds for free.

Sell on Shapeshift

If you need an intermediary service to convert your Ripples into something that Coinbase would trade for USD.

To make it convenient Shapeshift services are helpful. Shapeshift allows digital currency trading without an account (no identification required). The platform only allows trades in cryptocurrencies, so no conversions to fiat/government issued currencies are possible.

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