Unable to load latest pricing data, please try again later.

Ripple provides a digital payment platform that enables instant, low-cost, cross-border payments in a range of currencies—including the project’s native digital asset, the cryptocurrency XRP.  In this guide, we will go through how to buy XRP and what Ripple has to offer.

When deciding on a 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 choice right now.

Most Popular 1 Min. Deposit $1 Promotion User Score 10 The world's largest cryptocurrency exchange with over 2bn daily users Innovative trading platform offering enormous range of crypto coins Supports over 60 methods of payment including PayPal Start Trading more info Description: Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market. Payment Methods 1Pay, 2C2P, 3d Secure Credit Card, ACH, ANELIK, Abaqoos, AdvCash, AlertPay, Alfa-Click Algocharge, AliPay, American Express, Apple Pay, AstroPay, BPAY, Bank Link, Bank Transfer, Bank Wire, Baofoo, BitGold, BitPay, Bitcoin, Boleto, Bonds, Borneo Exchanger, Bradesco, CEX.io Mobile App, CFDs, CSS System, CUPS, CartaSi, Carte Bleu, Carte Bleue, Cash, CashU, Cashier Order, Check, Check (UK only), China UinonPay, China Union Pay, China UnionPay, ClickandBuy, Commodities, Contact, Contact Z, Credit Card, Cryptocurrencies, Currencies, DCPay, DIXIPAY, Dankort, Debit Card, Dengi Online, DineroMail, DirectPay, Dotpay, E-dinar, ELV, ENets, EPS, ETFs, EXCARD, Easy2Pay, EcoPayz, Ecommpay, Ecurrencyzone, EgoPay, Emerchant Pay, Eprotections, EstroPay, Ethereum, Euro Bank Account, Euteller, Express Dotpay, Express Polish Post Office 24/7, Express Zabka Market, Ezeebill, Ezybonds, FasaPay, Fastapay, Fastbank, Faster Payments, FilsPay, Forex, GTBank, Gate2Shop, Giropay, GlobalCollect, GlobalPAY, GlobePay, Gluepay, Google Pay, Halcash, I-Account, IPS, Ideal, Indices, Individual US State License(s), Indonesia Exchanger, InstaBill, Instadebit, IntellectMoney, Interswitch, Investmate, Investmate, Itukar, KNET, Klarna, LaoForexBoard, LavaPay, Lion Payment, LiqPay, Litecoin, Lobanet, MOTO, MT4, MT5, Mailing Cash, Market Maker, Masari, Mastercard, MegaTransfer, Mister Cash, Mobile Trading App, Mobile Trading Platform, Moneta, Money Bookers, Money Order, MoneyBookers, MoneyGram, MoneyPolo, Multibanco, NETBANX, Nab, Namecoin, Neosurf, NetPay, OKPAY, OMT, OmahPoin, OnPay.ru, Online Naira, OrangePay, PAYSEC, POLi, POLi & BPay, PYEER, PagoEfectivo, Paxum, Pay Nova, PayCo, PayPal, PayRetailers, PayWeb, Payeer, Payoneer, Payonline, Payvision, Payza, Perfect Money, PocketMoni, Postbank, Powercash 21, Prepaid MasterCard, Prepaid MasterCard (I-Account), Prepaid MasterCard (Intercash), Prepaid MasterCard (Payoneer), Privat 24, Przelewy24, QIWI, RBK Money, Rapid Transfer, RegularPay, SEPA, Safecharge, SafetyPay, SahibExchange, Shilling, SmartPay, Sofort, SolidTrust Pay, SorexPay, Sporopay, Stock Certificate, Stocks, Swish, Teleingreso, Thailand Exchanger, Ticketsurf, Todito Cash, Trade Interceptor, Transact Europe Payment, Trazus, TrustPay, Trustly, UAE Exchange, UPayCard, USD, Ukash, Unet, UnionPay, Unistream, Uphold, Verve, Vietnam Exchanger, Visa, VixiPay, VoguePay, Vouchers, Wallet One, WeChat, Web Based Trading Platform, WebMoney, WebPay, Webtrader, Western Union, Wire Transfer, Wirecard, Yandex, Yandex Money, Yemadai, YuuPay, Z-Payment, Zenith, cTrader, dinpay, eCard, eCheck, eKonto, ePay bg, ePayments Transfer, eToro Mobile Trading Platform, eToro Trading Platform, eTranzact, iPay, mPay, neteller, paysafecard, postepay, skrill, unichange.me show more Full regulations list:

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.

If you have just deposited a fiat currency like British pounds, you will need to search your platform for the XRP/GBP trading pair. 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.

Sign up with our recommended partner Binance now to get started. Once you’ve signed up, verify your account by uploading some form of photo ID and proof of address.

Next, you’ll need to purchase some BNB to swap for XRP. Fund your account with your preferred payment method, then search for BNB. Select the trading pair with your local currency, and click “buy”.

Next, set up a Web 3.0-compatible wallet like MetaMask or Trust Wallet—you’ll need this to swap your BNB for XRP. Paste your wallet address into the “withdraw” section of Binance, and transfer your BNB.

Go to Pancakeswap and connect your wallet. Your wallet will display a few prompts to confirm the connection, and after that, you will be able to complete your swap.

Find the coin’s pair here, enter the amount you want to buy, then complete the swap. Your XRP will immediately display in your wallet.

XRP is one of the most popular cryptocurrencies and as such, there are plenty of platforms that offer it. A reputable and regulated platform is the best option for keeping your funds and personal information safe. Check out our shortlist of the best XRP platforms below.

Ripple is a company that provides global payment solutions. 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 decentralised 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 decentralised exchange to ensure there is sufficient liquidity, as well as to pay XRPL fees and secure payment channels for batched micropayments.

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 is 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.

Private wallets are a popular place to store coins for long-term investors as they mean you always have custody of and access to your coins. They can also provide you with a bit of extra security.

Hardware wallets such as Trezor, BitBox, and Ledger are the most secure, but you will have to pay for this level of security. Alternatively, you can download a software wallet onto your computer or mobile device for free, which tends to be more user intuitive.

You can also buy and sell XRP much more frequently to generate returns more often, taking advantage of the XRP price volatility. People who are trading XRP often use skills such as technical analysis to identify the best times to buy and sell. 

Private wallets are less useful to traders because they need to access their coins on an exchange regularly. Exchanges provide free web wallets, which although less secure, tend to be the most convenient option for traders.

This is up to you; just make sure to read all the available information before making your decision. XRP has a capped maximum supply, and with some XRP being destroyed through transaction costs, XRP is actually slightly deflationary. This could help XRP conserve its value in the long term.

The use of XRP for escrow, securing payment channels, and providing a bridge between currencies on the decentralised exchange creates utility and demand for the coin, giving it value on the XRPL.

As XRP is needed to pay fees on the XRPL, there should be more demand for it as the number of people using the XRPL grows. With XRPL-based payment solutions such as RippleNet already being applied by world-leading institutions for financial transactions, Ripple appears to be a valuable project, of which XRP is an important part.

Anyone can be a Ripple validator as long as they have the time, skills, and equipment to set up and maintain a ripple server. Current validators include Ripple, universities, and financial institutions such as banks or payment providers.

You can find out more about buying different cryptos here or check out our full list of buy guides for different coins here.

Keep updated with our round the clock and in-depth cryptocurrency news.

After signing up, you may also receive occasional special offers from us via email. We will never sell or distribute your data to any third parties. View our privacy policy here.

Please be aware that some of the links on this site will direct you to the websites of third parties, some of whom are marketing affiliates and/or business partners of this site and/or its owners, operators and affiliates. We may receive financial compensation from these third parties. Notwithstanding any such relationship, no responsibility is accepted for the conduct of any third party nor the content or functionality of their websites or applications. A hyperlink to or positive reference to or review of a broker or exchange should not be understood to be an endorsement of that broker or exchange’s products or services.

Risk Warning: Investing in digital currencies, stocks, shares and other securities, commodities, currencies and other derivative investment products (e.g. contracts for difference (“CFDs”) is speculative and carries a high level of risk. Each investment is unique and involves unique risks.

CFDs and other derivatives are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how an investment works and whether you can afford to take the high risk of losing your money.

Cryptocurrencies can fluctuate widely in prices and are, therefore, not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Past performance does not guarantee future results. Any trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions. Your capital is at risk.

When trading in stocks your capital is at risk.

Past performance is not an indication of future results. Trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions. Prices may go down as well as up, prices can fluctuate widely, you may be exposed to currency exchange rate fluctuations and you may lose all of or more than the amount you invest. Investing is not suitable for everyone; ensure that you have fully understood the risks and legalities involved. If you are unsure, seek independent financial, legal, tax and/or accounting advice. This website does not provide investment, financial, legal, tax or accounting advice. Some links are affiliate links. For more information please read our full risk warning and disclaimer.