Ripple 'XRP' review for beginners

 

            What is Ripple 'XRP'?

It's the cryptocurrency token of ripple 

The purpose of Ripple 'XRP' is to serve as an middle link of exchange between two currencies or networks as a sort of temporary settlement layer denomination

                            

Is Cryptocurrency legal in the United States of America, United Kingdom, Australia, and Canada?

Yes! Cryptocurrency is legal. 

Although, some states and region in United States of America, United Kingdom, Australia, and Canada don’t just allow their citizens get involved in it unless they obtain a license.

Is trading Cryptocurrency illegal in the United States of America, United Kingdom, Australia, and Canada?

It is not illegal in some states and regions like United States of America, United Kingdom, Australia, and Canada because most cryptocurrency trading platforms like www kraken com, www l u n o com, tidex app, www cex io, and mercuryo app obtains license from the government. 

These platforms are also regulated by well known finance regulatory bodies.

Is a non-US alien required to pay taxes (to IRS) in the United States of America, United Kingdom, Australia, and Canada?





Yea! Whether you are in United Kingdom, Australia, or Canada you will be taxed in United States of America so long as you own taxable assets in United States of America. 

United States of America has even declared cryptocurrencies as taxable assets same as real estate properties and has also recommended www c r y p t o t r a d e r tax.

Is it possible to convert Ripple 'XRP' (or 

cryptocurrencies) in the United States of America, United Kingdom, Australia, and Canada?








It is very possible because there are cryptocurrency exchange platforms like k u coin com. 

It allows you convert any crypto into another. 

Is it legal in the USA to trade other cryptocurrencies in the United States of America, United Kingdom, Australia, and Canada?

Yes! If a crypto-currency exchange trading platform is licensed and allowed to operate in any country, then they are automatically legal to trade.

Is it possible for XRP to become a legal currency in the in the United States of America, United Kingdom, Australia, and Canada?

Not now but some investors, entrepreneurs and top business owners are gradually embarrassing cryptocurrency as part of their product purchasing currency. 

For instance, E l o n m u s k purchased $ 1.5 Billion worth of bitcoin for his T e l s a electric cars company and others. 

He is a strong promoter of dogecoin cryptocurrency and the force behind the increase in dogecoin’s price in the market. 

An online business can easily accept XRP by adding it to their payment options.

PS - T E L S A Company is giving out free electric cars when you sign up a bit s t a r z com account

How can I buy XRP as a non-US resident in the United States of America, United Kingdom, Australia, and Canada?







You can buy XRP through cryptocurrency exchange trading platforms any where in the world including United States of America. 

All you have to do is to provide the cryptocurrency exchange trading platform with any document they need to enable them verify your account and for security measures. (KYC verification and 2FA authentication)

How to set up your own cryptocurrency exchange in the United States of America, United Kingdom, Australia, and Canada?

Be sure that the country allows individuals to own a cryptocurrency exchange platform. 

Then, you enquire from other crypto investors to know how to go about it. 

After getting the right information, then you need to seek for funding by sharing you business plan with a reliable person who is willing to invest into the plan. 

At this point, you have received funds to launch the cryptocurrency exchange.

lastly, it’s time to engage social media influencers, popular figures and advertisement in other to get known and test how saturated the market is.

How can a US citizen buy XRP in the United States of America, United Kingdom, Australia, and Canada?






You can buy XRP from any trading platform in United States of America. 

All you have to do is to provide the exchange company with any document they need to enable them verify your account and for security measures. (K Y C verification and 2 F A authentication)










How do you safely buy Ripple 'XRP' as a minor in the United States of America, United Kingdom, Australia, and Canada?








You can buy XRP even as a minor at www kraken com, www l u n o com, t idex app, www cex io, m e r c u r y o app, www c h a n g e l l y com, www p a x f u l com, www local bitcoins com, www x coins com, or www prime x b t com. 

All you need to do is to create a gmail com account  for your registration and provide the required documents by the crypto exchange platform for verification to avoid scam or hackers.








How do I pay tax for trading cryptocurrency in United States of America, United Kingdom, Australia, and Canada?








IRS stated around March 2014 that all virtual currencies including Ripple 'XRP' would be taxed as property rather than currency. 

It's taxed through software platform by www c r y p t o t r a d e r tax










How do I buy Ripple 'XRP' in the United States of America, United Kingdom, Australia, and Canada?

You can buy Ripple 'XRP' through crypto currency platforms in United States of America, United Kingdom, Australia, and Canada. 

All you have to do is to provide the crypto platform with any document they need to enable them verify your account and for security measures. (K Y C verification and 2 F A authentication)














How do I buy cryptocurrency in United States of America, United Kingdom, Australia, and Canada?








You can buy any cryptocurrency through crypto platforms in United States of America, United Kingdom, Australia, and Canada. 

All you have to do is to provide the crypto platform with any document they need to enable them verify your account and for security measures. (K Y C verification and 2 F A authentication)














Can you invest in a $1 XRP in United States of America, United Kingdom, Australia, and Canada?

Off course yes! You can invest into lending and borrowing cryptocurrency exchange trading platforms like www k u coin com

It's where people borrow money from you with crypto to pay back with interest and vice versa 

But it depends on the cryptocurrency exchange trading platform

Each investment platform has their own minimum amount one can invest and maximum one can also invest







Can a US F1 visa holder purchase XRP legally in United States of America, United Kingdom, Australia, and Canada?

International students can buy XRP from any cryptocurrency exchange trading platforms like www k r a k e n com, www l u n o com, t id ex app, www cex io, m e r c u r y o app, www c h a n g e l l y com, www p a x f u l com, www l o c a l bitcoins com, www x coins com, or www prime x b t com in United States of America, United Kingdom, Australia, and Canada. 

All you have to do is to provide the crypto-currency platform with any document they need to enable them verify your account and for security measures. (K Y C verification and 2 F A authentication)

How does criminals use Ripple 'XRP' to hide their money in United States of America, United Kingdom, Australia, and Canada?

Off course yes! There are so many reports of relationship scammers diverting their proceeds from victims into cryptocurrency wallet to avoid been caught and arrested by anti-corrupt bodies. 

Do you feel that XRP (cryptocurrency) has much of a future in United States of America, United Kingdom, Australia, and Canada?

Yes! Ripple 'XRP' has a future.

Can a F1 students buy any cryptocurrencies in the United States of America, United Kingdom, Australia, and Canada?

International students can buy Ripple 'XRP' through cryptocurrency exchange trading platforms like www k r a k e n com, www l u n o com, t id ex app, www cex io, m e r c u r y o app, www c h a n g e l l y com, www p a x f u l com, www l o c a l bitcoins com, www x coins com, www prime x b t com in United States of America, United Kingdom, Australia, and Canada 

All you have to do is to provide the trading platform with any document they need to enable them verify your account and for security measures. (K Y C verification and 2 F A authentication)

How isn’t XRP a threat to the US dollar in United States of America, United Kingdom, Australia, and Canada?

Ripple 'XRP' is threat because it's market-cap is huge. 

According to most investor’s prediction, XRP is the most traded asset in this present age and its global currency is USD dollars.













How are cryptocurrencies taxed in United States of America, United Kingdom, Australia, and Canada?

Cryptocurrencies are taxed through software platform by www c r y p t o t r a d e r tax 

It will show you how Cryptocurrencies are taxed. 

When mined or purchased from another party or use it to pay for goods or services, are examples of transactions that can be taxed.