It is easier for me to load my Ripple account with USD than it ever has been to get USD into an exchange to buy bitcoins.
Is this possible yet? I can't see anywhere you can actully buy XRP yet.
just tried this,I can get 0.17 for the 1050 xrp I have - I'll hold on the them for now
I can see both sides of the arguement over Ripple and I still haven't made me mind up. I don't like that it's central but developments like this can only help Bitcoin long term. I'd like to see a good argument on why this is a bad thing...any takers?
You can now link a U.S. bank account to SnapSwap.us and use that to directly transfer funds into your Ripple wallet. In fact, OpenCoin themselves is giving 1k XRP to anyone who verifies their bank account on SnapSwap.
I personally did this and put 200 USD into my wallet to test it out. Took 2-3 days but didn't have to deal with excess wire fees or anything like that. I think I paid something like $2.80 to SnapSwap for the transaction which is significantly lower than any other option I've dealt with for getting funds to a BTC exchange.