Where to get initial ripple funding?

7

So I have created a ripple account and now I need to get funded with 100 XRP to get started and be able to grant trust, otherwise the account is pretty much useless.

In bitcointalk, there is a giveaway of XRP to "qualified" members. If you are not one of them, what are other options except just asking for donations? Will this be something all new users have to face in the future too?

I could not find a way to buy XRP without establishing trust first.

Denis Pshenov

Posted 2013-03-30T21:17:03.880

Reputation: 173

Answers

1

If you are not one of them what are other options except just asking for donations?

You could post on the ripple forums or on a ripple thread at bitcointalk. However, instead of asking/begging for a donation you should offer something, e.g. some small number of bitcents, cash, a favour, a promise to pay back the XRP with interest, etc.

Will this be something all new users have to face in the future too?

I'm sure by the time Ripple.com is out of beta there will be an easier way to get started. Possibly gateways will offer a one time funding of a Ripple accounts either for free of via whatever other currencies the gateways use.

dchapes

Posted 2013-03-30T21:17:03.880

Reputation: 1 731

Also see https://ripple.com/forum/viewtopic.php?f=5&t=2270

dchapes 2013-05-20T22:33:39.960

1

They have promised a more extensive giveaway when it's out of beta. There's also some people selling them outside Ripple itself. Here, for example:

https://www.bitmit.net/en/item/23007-321-free-ripples-to-get-you-started-321-xrps#

And here https://xrptrader.com/login

And here http://buyxrp.net

They've also promised that there will be an easier way to buy them soon, but without much details. Some people in the ripple forum are lending some of them interest free so you can buy your own within the system and pay back. I think they expect you to do the same for another newbie later.

jtimon

Posted 2013-03-30T21:17:03.880

Reputation: 568

Thank you, this was helpful. I wonder though, where did xrptrader.com get such huge amounts in the first place.Denis Pshenov 2013-04-06T08:25:26.513

1Probably buying from unconvinced bitcoiners that received the give away or maybe even buying old bitcointalk accounts from people that didn't noticed the giveaway. Just guessing...jtimon 2013-04-10T14:09:28.370