Do I need to get verified to swap XRP to BTC?
Yes, you need. Only verified user can trade. You won’t be able to swap XRP, BTC, or any other digital currency on any online site if you’re not. Verification is a standard process where users must submit valid documents and IDs (driver’s license, passport, or any government-issued) as proof of identity. These are important to protect both the site and the user.
Email and phone number verification is also part of this process. You’ll receive a unique code to your number and email and enter the code to the site when asked. This is to confirm that you’re the owner of both the email and the phone number.
What is the minimum XRP/BTC pair exchange amount?
The latest minimum conversion amount for the pair is 81.6 XRP for 0.00098942 of Bitcoin. Remember that this amount isn’t constant, it can change at any time. This is because crypto is highly volatile, so the price of all trading pairs – meaning the price of BTC and every other crypto – can fluctuate rapidly. The exception is Tether, which always has an equivalent fiat value of US$1.
The price can also be affected by the transaction fees you’ll pay on the exchanges. At Changelly, you can choose to pay fixed or floating swap charges. Other market parameters like market volume and spot rank may also affect the exchange amount of trading pairs.
What are the fees to convert XRP to BTC?
There are always fees charged for all transactions, regardless of a trading pair. Generally, the fees vary depending on the currency converter and what currency you want to convert and change.
Based on the fixed or floating rate, you’ll choose the additional fee will also change. At Changelly, if you choose a floating rate, you’ll only be charged a low 0.25% fee.
Can I trade XRP for BTC on Changelly?
Yes, you can trade XRP for BTC via Changelly Pro. You can also do this with other currencies like ETH Gas or USDT aside from XRP and BTC. Changelly has both a desktop site and a mobile application for you to use.
Swap for a low-fee fixed or floating rate. You can also monitor the price movement, market cap, and forecasts of currencies and trade in one place.