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What is the process for setting a limit order on Robinhood for purchasing Ripple?

avatarSilver VittrupDec 18, 2021 · 3 years ago3 answers

Can you explain the step-by-step process for setting a limit order on Robinhood to purchase Ripple? I'm new to trading cryptocurrencies and would like to understand how to place a limit order specifically for Ripple on the Robinhood platform.

What is the process for setting a limit order on Robinhood for purchasing Ripple?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Sure! Here's a step-by-step guide to setting a limit order on Robinhood for purchasing Ripple: 1. Open the Robinhood app on your mobile device or visit the Robinhood website on your computer. 2. Log in to your Robinhood account or create a new account if you don't have one already. 3. Navigate to the 'Trade' or 'Buy' section of the app or website. 4. Search for 'Ripple' or 'XRP' in the search bar to find the Ripple trading pair. 5. Select the Ripple trading pair that you want to trade with (e.g., XRP/USD). 6. Choose the 'Limit Order' option for placing your order. 7. Enter the desired price at which you want to buy Ripple. 8. Specify the quantity or amount of Ripple you want to purchase. 9. Review the order details and make sure everything is correct. 10. Click or tap on the 'Place Order' button to submit your limit order. That's it! Your limit order to purchase Ripple on Robinhood will be placed, and you can monitor its execution in the 'Orders' section of the app or website.
  • avatarDec 18, 2021 · 3 years ago
    No problem! I can walk you through the process of setting a limit order on Robinhood for buying Ripple. Here's what you need to do: 1. Open the Robinhood app or website and log in to your account. 2. Find the 'Trade' or 'Buy' section and navigate to it. 3. Search for 'Ripple' or 'XRP' in the search bar. 4. Choose the Ripple trading pair you want to trade with, such as XRP/USD. 5. Select the 'Limit Order' option. 6. Enter the price at which you want to buy Ripple. 7. Specify the quantity or amount of Ripple you want to purchase. 8. Double-check all the details and make sure they are correct. 9. Click or tap on the 'Place Order' button to submit your limit order. That's it! Your limit order for purchasing Ripple on Robinhood will be placed, and you can keep track of it in the 'Orders' section of the app or website.
  • avatarDec 18, 2021 · 3 years ago
    Certainly! Here's a step-by-step guide on how to set a limit order for purchasing Ripple on Robinhood: 1. Open the Robinhood app on your mobile device or visit the Robinhood website. 2. Log in to your Robinhood account. 3. Go to the 'Trade' or 'Buy' section of the app or website. 4. Search for 'Ripple' or 'XRP' in the search bar. 5. Choose the Ripple trading pair you want to trade with, such as XRP/USD. 6. Select the 'Limit Order' option. 7. Enter the desired price at which you want to buy Ripple. 8. Specify the quantity or amount of Ripple you want to purchase. 9. Review the order details and ensure they are correct. 10. Click or tap on the 'Place Order' button to submit your limit order. That's it! Your limit order for purchasing Ripple on Robinhood will be placed, and you can monitor its status in the 'Orders' section of the app or website.