Ripple is the company behind the XRP Ledger (XRPL), a scalable and sustainable ripple blockchain designed for making fast, low-cost transactions. The XRP cryptocurrency runs on XRPL and provides a more efficient means of value transfer than its predecessors.
This guide will take you through how to buy XRP step by step, as well as review some of the best platforms that offer the coin and cover some of the reasons you may want to invest in Ripple.
If you’re looking for a simple way to buy XRP, all you need to do is sign up with a crypto exchange. You can access it online with a computer, smartphone, or tablet to quickly buy and sell XRP and a range of other cryptocurrencies. The best platforms are listed below as well as a quick step-by-step guide on purchasing Ripple’s XRP crypto.
When deciding on a crypto broker or exchange to sign up with, consider aspects such as what fees they charge and what customer support they offer. You can check out the section on platforms later in this guide for a comparison of the best ones. If you can’t wait to get started, you can register with our top choices below, right now.
Go to the joining page of your chosen platform and fill in all the required fields in the registration form to create your account. You will likely have to provide a photo ID to complete the verification process on a regulated platform. Next, click “Deposit” and fund your account with one of the accepted payment methods.
Search your platform for the trading pair for XRP and your deposited currency. Create a buy order for the amount you want to purchase. If you use a limit order, it will be automatically bought for you once it reaches a specified XRP price. A market order, on the other hand, will be filled straight away at the current price.
Let’s take an in-depth look at some of the top platforms that offer XRP.
eToro takes number one as the best place to buy XRP due to its ease of use and the diverse selection of services it offers on its platform.
You can purchase XRP with as little as $10, which is also the minimum deposit, making it a great choice for beginner investors. Additionally, eToro has a standard transparent fee of 1%, making it an affordable way to buy XRP.
Along with XRP, you have the option to trade over 70 different cryptocurrencies. And it doesn’t stop with crypto—you can trade stocks, forex, and ETFs, making it a good platform for those who want to invest in various types of assets.
eToro makes it extremely simple to buy XRP. It’s a user-friendly platform with a set of trading tools that make it the perfect choice for investors of all experience levels.
With a trading platform, storage wallet, and staking service, eToro is the best choice for investing in XRP. One unique aspect that differentiates eToro from competitors is its CopyTrader feature, which allows you to copy the trades of professional traders.
Lastly, in the USA eToro is registered with FinCEN and a member of FINRA and SIPC. In the UK, the platform is regulated by the FCA, ensuring your investment portfolio is safe. Read our full eToro review here.
$10 minimum deposit
Social investing features
Regulated, with strong security
Simple to use
Non-USD deposits will incur a small conversion fee
Not available in some countries
Binance is the best place to buy XRP if you want to avoid spending money on fees. At 0.1% or less, Binance’s trading fees are the most competitive on the market, and there are no fees for crypto deposits. Some methods of fiat currency deposit and withdrawal are free as well.
With high liquidity, Binance is a great platform for trading XRP and the 600+ other available coins. Customizable charts and indicators mean Binance users have the necessary tools for technical analysis.
If you’re a beginner, however, you can buy XRP with a credit card or debit card or third-party payment processor under the Buy Crypto tab. You can also use Binance Convert to easily switch between different cryptocurrencies and access educational materials in the Binance Academy.
Once you’ve purchased some XRP, you can put it in a Binance savings account to earn an estimated 0.45% APR, or access a higher yield through Binance’s liquid swap.
You’ll need to verify your identity before you can buy XRP, but this doesn’t take long. The minimum USD deposit is $50, and after that, you can purchase as little as $10 of XRP. Read our full Binance review here.
Lowest trading fees on the market
600+ other cryptocurrencies available
Technical analysis tools
Beginners can buy XRP in a couple of clicks
Earn interest on your XRP
High minimum for USD deposits
Limited payment methods for some countries
Regulatory issues in some places
Coinbase’s intuitive and simple-to-use interface makes it a popular cryptocurrency exchange for beginners to buy Ripple (XRP). With a variety of payment options such as PayPal and a minimum trade size of $2, buying XRP on Coinbase is accessible regardless of your budget.
Users can set up recurring buys of XRP as a simple way of deploying a dollar-cost averaging strategy. You can also add XRP to your watchlist to keep up with its price movement, and easily view your portfolio performance in your dashboard.
There are plenty of educational resources on Coinbase if you want to learn more about cryptocurrency. Meanwhile, more experienced traders and investors who prefer a more technical trading interface with advanced tools can use the Coinbase Pro platform, which provides a choice of order types.
Coinbase provides security measures such as offline storage and crypto-insurance, and the platform is regulated by the FCA. The recommended minimum deposit is $50, and the fees are pretty competitive at 0.6% plus spread. Read our full Coinbase review here.
Very easy to buy XRP
Buy as little as $2 of XRP
150+ other coins
Recurring buys feature
Regulated and secure
Higher minimum deposit than some competitors
High fees for some payment methods
If you want to be able to profit from changes in the price of XRP without going to the trouble of owning and storing it, then the Ripple CFDs traded on Capital.com should be your first port of call.
Although CFDs are a high-risk way of trading XRP, Capital.com helps you manage this risk with a range of tools such as negative balance protection. There are trading guides, online courses, and a financial education app available for beginners, and you can even practice XRP trading risk-free in a virtual account.
Capital.com provides experienced traders with all the advanced tools and features they need, including client sentiment, price alerts, technical indicators, and AI-powered post-trade analysis. The platform lets you trade XRP with up to 30x leverage.
There are plenty of other cryptocurrencies to trade alongside XRP, as Capital.com has hundreds of crypto trading pairs, as well as thousands of more traditional assets, like stocks, forex, commodities, and indices.
You’ll need to create and verify an account before you can make a minimum deposit of at least $20. There are no commissions or fees for deposits or withdrawals. The overnight fees vary, and Capital.com’s crypto CFDs have floating spreads.
Seamlessly trade Ripple CFDs
Tools for risk management
Financial education app
Trade other cryptocurrencies and traditional financial instruments
Order execution is fast
Free deposits/withdrawals and no commission
Ripple CFDs are high risk
Crypto CFDs are not available in the UK
Doesn’t offer the tightest spreads available
If you’re looking for a safe way to buy XRP, Bitpanda could be the platform for you. It has an excellent rating on Trustpilot and is fully licensed. Bitpanda keeps users’ assets secure in offline storage and is in full compliance with anti-money laundering regulations.
There are nearly 200 other cryptocurrencies available on the platform, and what makes Bitpanda unique is that you can swap your XRP directly with the other asset types available, such as stocks, ETFs, and metals.
You can use Bitpanda’s savings plan to set up recurring purchases of XRP, and use the mobile app to trade XRP from anywhere. You can even spend your XRP with the Bitpanda Card.
The Helpdesk provides useful information on how to use the platform, and you can learn all about crypto, blockchain, and trading in the academy. For any other questions, you can contact Bitpanda’s helpful customer support.
You will need to make an initial deposit of at least $25, for which there is a range of available payment options. There is a 1.49% premium included in the quoted price of XRP, and you can purchase as little as $1.50 or €1 of the cryptocurrency.
Excellent rating on Trustpilot
Almost 200 other cryptocurrencies
Swap XRP with traditional financial instruments
Low minimum trade size
Choice of deposit methods
Fees for XRP deposits
Mostly only available in Europe
Only email support is offered
Ripple is a company that provides global payment solutions and was created by Jed McCaleb, Arthur Britto, and David Schwartz. Its digital payment platform, RippleNet, enables payments to be made anywhere in the world in about three seconds and is already used by traditional financial institutions, including Santander and Bank of America.
RippleNet is built on the public distributed ledger database XRP Ledger (XRPL), which is high-performance and environmentally sustainable, thanks to its speed, low cost, scalability, and energy efficiency. It supports a range of services, including decentralized exchange, cross-currency payments, batched micropayments, and issuing currencies.
The native cryptocurrency of the XRPL is XRP, which can be sent directly between XRPL addresses, making it a convenient bridge currency. It is used as a bridge between all trades on the decentralized exchange to ensure there is sufficient liquidity, as well as to pay XRPL fees and secure payment channels for batched micropayments.
There is a range of payment methods you can use to purchase XRP. We’re going to discuss the benefits of some of the most popular options below.
Credit or debit cards are a convenient way of purchasing XRP for many as they are accepted by the majority of cryptocurrency exchanges and brokers. Card deposits are free on eToro and Capital.com, while they carry a 1.8% fee on Binance and a 2.49% fee on Coinbase.
Bank transfers are also fairly widely accepted by crypto platforms and often represent the cheapest deposit method. Transfers can be fast as well if your platform supports Faster Payments. On Binance, there is a £1 fee for Faster Payments transfers, a €1 fee for SEPA, and no fee for SWIFT. Meanwhile, bank deposits are free on eToro, Coinbase, and Capital.com.
PayPal is less widely accepted as a payment method on crypto platforms, especially in the UK, but is a quick and easy way to make a deposit where it is accepted. The fees can be high on some platforms—Coinbase charges a 2.5% fee for PayPal deposits or a 3.99% fee for purchasing XRP with PayPal. On eToro, however, PayPal deposits are free.
Skrill is a digital wallet provider that makes paying online fast and simple. It is not an accepted deposit method on Binance or Coinbase, but you can use it to make free deposits on eToro or Capital.com. Skrill can also be used to make EUR, USD, CHF, and GBP deposits on Bitpanda.
Follow these simple steps to purchase XRP on
Create an account by clicking on the “Join Now” button and filling in your email address, username, and password on the form that pops up. Alternatively, you can sign up through Google or Facebook. Once you’ve agreed to the terms and conditions, click “Create Account”.
Verify your email address using the link that you will receive by email. In order to complete your profile, you will need to provide some more information, such as your full name, date of birth, and address. You’ll have to answer some questions about your investing experience, and may need to submit a photo ID.
You can fund your account by clicking on the “Deposit Funds” button. Just select your local currency, preferred payment method, and how much you wish to transfer. Click the “Deposit” button once you’ve filled in any payment information required.
You can find XRP by typing it into the search bar at the top. Click on the “Trade” button, and if you’re ready to make a purchase, fill in the amount you want to buy and hit “Open Trade”.
Whatever your experience and investment goals, XRP may have something to offer as it can be bought for both the short and long term. We will look at why both approaches can be profitable below.
This is a strategy that anyone can follow as it simply involves buying XRP and holding onto it for a period of time. Skills such as technical analysis are not required for this strategy. In fact, very little time and effort are required to potentially make a profit, just be sure to buy in at a good XRP price.
XRP cannot be staked for passive income, but it can be used to pay fees on the XRPL.
You can also buy and sell XRP much more frequently to generate returns more often, taking advantage of the XRP price volatility. People who trade XRP often use skills such as technical analysis to identify the best times to buy and sell. Some cryptocurrency exchanges or brokers, such as Capital.com, facilitate the trading of XRP derivatives, like CFDs, enabling traders to profit from XRP price movement without actually owning it.
You’ll want to decide where to store your XRP once you’ve bought it, so let’s discuss the different crypto wallet options available.
Web wallet: Those with small amounts of XRP and regular traders will likely find web wallets convenient as they are provided for free by many crypto platforms. You want your coins to be stored safely, however, which is why it’s important to pick a platform with strong security, like eToro.
Mobile wallet: This is a crypto wallet app that you can download onto your smartphone to store XRP. XRP Wallet can be downloaded for iPads and iPhones to store and convert XRP, while Xumm has been designed by XRPL Labs to store XRP on Android devices.
Desktop wallet: This type of crypto wallet is similar to a mobile wallet but is downloaded onto your computer instead. Exodus and Atomic both provide desktop wallets that support XRP.
Hardware wallet: Hardware wallets cost money, but they are the most secure storage option, making them popular with those holding a large amount of XRP for the long term. Trezor and Ledger both provide hardware wallets that support XRP.
Whether or not to invest in XRP is something you will need to decide for yourself, but let’s take a look at some of the things you may want to consider first.
What makes XRP popular is its efficiency. XRP transactions are settled in just 3-5 seconds at an average cost of only $0.0002. The XRP Ledger is scalable, handling more than 1,500 transactions per second, as well as sustainable, being 61,000 times more energy efficient than Proof of Work blockchains.
This makes XRP an ideal currency for sending money around the world quickly and cheaply. It can be used to bridge two currencies for cross-border transactions, being a faster and more affordable alternative to traditional banking and other cryptocurrencies.
It’s easy to use XRP for payments—as one of the most popular cryptocurrencies, XRP is widely available from a great number of crypto platforms. There are also plenty of companies that accept XRP, spanning a range of industries. The affordability of XRP transactions means it is great for making small payments. Indeed, some internet users have turned to XRP for tipping.
Ripple has been established in the crypto space for some time, in one form or another, and has had many accomplished contributors, such as Jed McCaleb, who also co-founded Stellar, and Chris Larsen, who co-founded a number of Silicon Valley technology startups. XRPL technology is open source, however, and many are attracted to the project by its decentralisation.
As there is a finite supply of XRP, it is not subject to devaluation by inflation like fiat currencies. A small amount of XRP is burned during transactions, putting slight downward pressure on its supply. The price of XRP has sometimes surged dramatically in the past, providing impressive returns for investors.
“A typical mistake for new investors is buying tokens without first researching and understanding the project. The acronym ‘DYOR,’ meaning ‘Do Your Own Research,’ represents a critical process for making smart investment decisions. A related mistake is buying into over-hyped coins after the price has already skyrocketed.”
Wolfgang Rückerl Co-Founder and CEO of Istari Vision & Entity
If you are thinking of investing in XRP, there are also some practical considerations to bear in mind. Some of these are discussed below.
The ripple network fees for using XRP are very low at just $0.0002, making them much more affordable than some other blockchains. If you are buying or selling XRP on cryptocurrency exchanges or brokers, you will likely pay a trading fee. On eToro, for example, this will be 1% plus spread.
You may be charged fees for other activities, like depositing and withdrawing, which could vary depending on the payment method used. Some platforms may also charge overnight, account management, or inactivity fees.
The SEC sued Ripple after claiming that the sale of XRP constituted an unregistered securities offering. This case is yet to reach a conclusion and has led to a number of top cryptocurrency exchanges delisting XRP in the US. It is still possible for US citizens to buy XRP on
All cryptocurrencies are unregulated in the UK, but UK citizens can buy XRP easily and legally. It is safest to do so on a regulated platform, such as the ones reviewed in this guide. You will need to verify your identity first due to the KYC requirements of regulated platforms.
XRP price is volatile, like the rest of the cryptocurrency market, and has seen dramatic surges and crashes during its history. Some of these have correlated with the price movement of Bitcoin and the rest of the market.
There are other more specific factors that can affect the price of XRP, such as upgrades and new partnerships. The ongoing SEC lawsuit could also have an impact. If Ripple wins the case, the price of XRP could benefit, while a negative outcome could lead to a fall in price.
Buy and hold investors will be concerned with the fundamental value of Ripple and XRP, believing that it will rise in the future. They may use XRP price predictions to decide whether XRP could be a good long-term investment.
Traders, meanwhile, will be more concerned with the short-term price movement of XRP. They may use news, sentiment, technical analysis, and trading strategies to decide on the best entry and exit points.
If you want to stay safe, you should purchase XRP on a regulated platform. This will mean you’ll need to complete KYC, but it will also mean you’ll get the best security, such as offline storage, encryption, and insurance.
Be wary of any emails you purportedly receive from platforms and check their provenance to avoid crypto scams. You should use strong and unique passwords for all your crypto accounts and change them from time to time.
If you want to store your coins on cryptocurrency exchanges or brokers, make sure it is a secure and regulated one. The safest place to store XRP, however, is in a hardware wallet. Never share your private key with anyone, and keep your seed phrase safe in case you need to recover your wallet.
XRP is widely available on a number of cryptocurrency exchanges and brokers. Find out about some of the most popular ones below.
Yes. How to buy Ripple on eToro is a simple process. You can check out the step-by-step instructions further up this page to find out more.
Yes. If you want to know how to buy Ripple on Coinbase, just click on the “Buy / Sell” button on the website, enter an amount, and choose a payment method.
Yes. If you’re wondering how to buy Ripple on Binance, there are a couple of options. You can use the spot exchange, the P2P platform, or buy simply with a bank transfer or card.
Yes. Here’s how to buy Ripple on Robinhood: sign up, go to the Ripple page, fill in the amount, and confirm the purchase.
Yes. How to buy Ripple on Trust Wallet is a straightforward process. Go to Ripple and hit “Buy Ripple”. Then choose an amount and provide your payment details.
Yes. Here’s how to buy Ripple on Crypto.com: download the app, go to your XRP wallet, fill in the amount, and complete the payment.
No. If you’re wondering how to buy Ripple on Uniswap, it is not possible as Uniswap only supports Ethereum-based tokens.
No. If you’re having trouble working out how to buy Ripple on MetaMask, that’s because the XRP Ledger is not supported by MetaMask.
As discussed, there are a number of reasons why you might want to purchase XRP, and if you do, there different options for where to buy it, depending on your priorities and experience.
Based on our research, we’ve concluded that eToro represents the best place to buy XRP. This is because it is a regulated platform with industry-leading security features, free insurance, transparent fees, and innovative social investing features. There’s a step-by-step walkthrough for buying XRP on eToro further up this page.