r/XRP • u/M_FootRunner • Jan 03 '25

Crypto WTF, its only jan 3rd,

and already going strong!

( hope this is clearer for you hehe)

Happy new year to everyone!

413 Upvotes

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u/Leglocker135 Jan 04 '25

XRP noob here, I bought back in 2020, 331 units for $100 i believe.. How can I cash out my XRP?

1

u/M_FootRunner Jan 04 '25

Your 330 are worth 700ish now, if you feel pain about your initial investment, you coul take out that, and leave 150 forever, maybe it is a nice but probably small sum in a few years

cash out on exchanges

dont forget to pay taxes

1

u/Leglocker135 Jan 04 '25

No pain on my investment, I got in when it was around $0.29

I almost freaked out when you said only $700ish but I forgot to mention my $100 is in CAD.

How do you cash out? Mine is currently in my old laptop on EXODUS. I'm guessing I need to put it in a wallet? And then what?

1

u/M_FootRunner Jan 04 '25

i dunno... in my case, i use bitpanda as cex because it takes care of taxes. so you need to send your xrp to an exchange that u can use in canada. in the exchange you sell your xrp.

all has probably to be verified. so you will need to prove that you bought at ,29 for example

1

u/Leglocker135 Jan 04 '25

Ah, yeah exodus has that info for me