How to Trade XRP on BYDFi App: A Complete Beginner’s Guide

Cryptocurrencies like XRP (Ripple) continue to gain traction as investors seek fast, scalable, and real-world-use blockchain assets. But knowing where and how to trade XRP safely and efficiently makes all the difference.

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Enter BYDFi — a next-gen social trading platform that makes crypto investing accessible to all. Whether you’re just getting started or looking to diversify your portfolio, BYDFi offers the right tools to buy, sell, and manage XRP with confidence — all from the palm of your hand.

Let’s walk through the entire process.

Step 1: Get the BYDFi App

Start by downloading the official BYDFi app from your preferred app store:

• Android users: Google Play Store

• iOS users: Apple App Store

Search for “BYDFi”, confirm it’s by BYDFi Limited, and hit Download. Once installed, open the app and tap “Sign Up”.

Step 2: Create and Secure Your Account

Getting started is quick:

• Register with your email or mobile number
• Set a strong password

• Confirm via email or SMS
• Enable 2-Factor Authentication (2FA) for extra security under account settings

Your account is now ready to trade!

Step 3: Deposit Funds

You have two ways to fund your BYDFi wallet to trade XRP:

Option A: Buy Crypto with Fiat

1. Tap “Buy Crypto”

2. Select a payment provider (e.g., Transak, Banxa, Mercuryo)
3. Choose XRP or USDT

4. Pay with your credit card, Apple Pay, or bank transfer

Option B: Transfer from Another Wallet

1. Tap “Assets” > “Deposits
2. Select XRP or USDT

3. Copy the deposit address
4. Transfer funds from your external wallet or another exchange

   Don’t forget the tag/memo required for XRP transfers.

Step 4: Find the XRP Market

Once your balance is funded:

• Tap on “Markets”
• Use the search bar to find XRP/USDT
• Tap the pair to open the live trading interface

This is where the action happens.

Step 5: Execute Your Trade

You’re now ready to buy or sell XRP. Choose from two order types:

• Market Order – executes instantly at the best available price
• Limit Order – you set your target price

Enter the amount of XRP or USDT you want to trade and confirm. Your trade is placed!

Step 6: Monitor Your Portfolio

After placing a trade, keep track of your activity through:

• Orders Tab – view open and completed trades
• Assets Tab – see your current XRP holdings and balance breakdown

Everything you need is centralized in one user-friendly dashboard.

Bonus: Explore Advanced Tools

Want to dig deeper? The BYDFi app includes:

• Charting tools with real-time indicators (MACD, RSI, Bollinger Bands)
• Copy Trading – follow top-performing traders who actively trade XRP
• Perpetual Contracts – for high-risk, high-reward strategies (up to 200x leverage)

It’s your choice: trade manually or automate your crypto journey.

Step 7: Withdraw XRP Securely

To move XRP out of BYDFi:

1. Tap “Withdraw” under Assets
2. Select XRP

3. Paste your external wallet address and tag
4. Confirm with verification code and 2FA

BYDFi ensures all withdrawals go through secure whitelisting and encryption layers.

Why BYDFi for XRP?

• Simple UI for beginners and pros
• Industry-leading security with cold storage, whitelisted wallets, and MSB licenses (U.S. & Canada)
• Demo trading mode to test strategies with 50,000 USDT in virtual funds
• Reward center offering bonuses up to 8,100 USDT for completing basic tasks

Final Thoughts

Trading XRP on BYDFi isn’t just about making transactions — it’s about joining a smarter, safer ecosystem that puts control back in the hands of the trader. From instant deposits and low-fee trading to robust analytics and copy strategies, BYDFi transforms crypto from complicated to intuitive.

So whether you’re building your first crypto position or fine-tuning an XRP-based strategy, BYDFi is the perfect place to begin.

Ready to trade XRP?

 Download the app, fund your account, and take your portfolio to the next level.

Disclaimer: The content above is presented for informational purposes as a paid advertisement. The Tribune does not take responsibility for the accuracy, validity, or reliability of the claims, offers, or information provided by the advertiser. Readers are advised to conduct their own independent research and exercise due diligence before making any decisions based on its contents and not go by mode and source of publication.