Bittrex exchange is one of the popular cryptocurrency exchanges that came into existence seven years ago. Like any other crypto query, new crypto enthusiasts are also very keen to know about how to change the Ripple address. The initiative behind the foundation of Bittrex was taken by 3 engineers with expertise in cybersecurity. Their main objective was to bring new innovative modifications to the digital ledger blockchain.
Bittrex indeed boasts its user-friendly interface keeping security in mind. Besides this, it also excels in speedy withdrawals and deposits. If you have been following the latest news on Ripple, then you must be getting updates on the XRP price on sites like Cryptoknowmics.
Trading On Bittrex Exchange
If you are new to crypto trading then you might not be aware of how to begin trading on Bittrex. Well, there are certain steps to follow it.
First of all, you need to be having an account on the Bittrex exchange. In the process, you have to press the button of registration. Mention the email id with a strong password.
You will also be asked to re-confirm your secured password. When done with it, tick the box on the agreement shown on the screen. Then to continue, press the button for signing up.
When you are finally done with your sign-up process on Bittrex exchange, then a profile creation is a must for recognizing you. Call it the beginning step in the process of checking your account completely.
After that, you need to set up a Two-factor authentication technique for your account safety on Bittrex.
If you want to know why this 2FA procedure is needed, then let me inform you that this technique is very helpful in bringing down the possibilities of phishing and fraudulent cases that come through email.
By using this technique no prying eyes can take advantage of stealing your data without the knowledge of the account owner.
When you find your account on Bittrex is completely secured, then you can proceed with the funding which is such an important process. To begin with a trading, you need to start adding money.
Now it is the best time to purchase XRP on your Bittrex account which is funded now.
How to change the Ripple address
After getting to know about the brief steps in how to begin your trading for XRP on the Bittrex exchange. Now let us know how to change the Ripple address on the latter crypto exchange.
To do this, you need to press the button ‘Holdings’ that can be viewed on the upper corner of the site. Then start finding the wallet for the deposit. Press on the button Deposit which you can view in the Actions section. But to proceed with this step a copy of the wallet address is a must. In case, you don’t have it, then generate a new one.
So now you know how to change the Ripple address. Those who are new to the crypto world must need to brush up on their crypto knowledge before they want to begin with crypto trading on Bittrex exchange.
However, to help you out, some sites are related to all crypto topics. But the most reliable to search on is Cryptoknowmics. Here you can stay abreast with Ripple news now, and get to know all the recent updates on price changes of XRP in 2021 or for upcoming years to come. Besides this, you can also know which crypto exchange is better for novice traders.