How to Buy XRP: A Step-by-Step Guide for Beginners 2025 Review of Top 20+ reputable crypto exchanges

DEXs are less likely to require traders to verify their identity, but will rarely allow you to buy XRP with fiat currency. XRP, Ripple’s native cryptocurrency, is used as a bridge currency for facilitating international payments. Instead, the XRPL uses the unique Ripple Protocol Consensus Algorithm (RPCA), relying on java developer salary skills and resume a network of trusted validators to process transactions. Established in 2013, Gate.io has grown into a reputable trading platform.

• The first step in buying XRP is selecting a trustworthy exchange that supports XRP trading.
• But if you decide to buy XRP with another crypto, you’ll have to create a crypto wallet that supports XRP and then use the currency on the exchange uses that pairs with XRP to buy the crypto.
• Use it to customize this trade by indicating how much you wish to invest in this digital asset.
• Enter your email address, create a strong password, and agree to the terms and conditions.
• Centralized crypto exchanges are the most popular place for crypto enthusiasts to buy XRP thanks to the low cost and ease of platform navigation and use.

How Does the XRP Ledger Work?

It’s like choosing a barber—one wrong move, and you’re sporting a bowl cut for the foreseeable future. The key is to find platforms that prioritize security and transparency, ensuring your investments are as safe as a squirrel in a nut factory. Finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which Finder receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site.

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XRP aims to provide a platform for cross-border payments that is faster and more cost efficient. With reduced settlement time and lower costs per transaction, XRP presents itself as a better option for exchanging currency between countries for both individuals and institutions. Andy Rosen is a former NerdWallet writer who covered taxes, cryptocurrency investing and alternative assets. He has more than 15 years of experience as a reporter and editor covering business, government, law enforcement and the intersection between money and ideas. In these roles, Andy has seen cryptocurrency develop from an experimental dark-web technology into an accepted part of the global financial system. While the ruling may be challenged by the SEC, digital asset exchanges have already begun relisting the asset now that the fear of regulatory violation has diminished.

Please view our detailed Investing in Ripple guide to learn more about this digital asset. Ripple (XRP +3.42%) is a cryptocurrency with a history of outsized returns for investors, but it should be stated that it does have a tumultuous relationship with the SEC. As of December 2025, XRP has helped to process almost $3 billion in transactions, representing more than $1 trillion in value moved between different parties. Thankfully, there are a number of different ways to invest in XRP, all of which I’ve covered in detail below. Keep reading to learn how to buy XRP, where to buy XRP and why you might want to consider investing in this specific cryptocurrency.

Always double-check the wallet address before confirming a withdrawal to avoid losing funds. Issues can arise when trading, and having access to reliable customer support can make a big difference. Now that we know what makes an exchange secure, let’s take a closer look at some of the most trusted platforms for purchasing XRP.

How to Buy Ripple with Bank Transfer

Crypto market analysis including highly accurate BTC ETH SOL XRP forecasts. No, it is not too late to buy XRP because the altcoin is still grossly undervalued. It is yet to price in most of the developments that have taken place on the network over the last few years. Several bullish catalysts, including possible ETF approval and a dropped SEC case, are also expected to send its price skyrocketing in the near future. However, investors are paying even greater attention to the possibility of the SEC approving a Ripple spot ETF.

How To Store Your XRP Properly, A Beginners Guide

• Focused on payment, XRP is the native digital asset of a decentralized network known as the XRP Ledger, which can settle transactions in between three and five seconds.
• The implementation of RLUSD could see the Ripple ecosystem growing, which would naturally benefit XRP as a result.
• XRP is engineered for speed, settling transactions in 3–5 seconds, compared to Bitcoin’s 10 minutes or Ethereum’s 2 minutes.
• We go into more detail on wrapped and pegged tokens in our article on cross-chain bridges if you want to learn more about the concept.

And it is growing this use case beyond facilitating cross-border payments at a fraction of the cost of traditional methods. It is expanding into CBDCs and other on-demand liquidity solutions, and this strengthens investor appeal in the top altcoin. Started in 2011, Kraken is the oldest and most reputable crypto exchange on this list.

This is exactly what you are doing if you decide to diversify your portfolio. However, making this happen is a bit easier said than done, as different assets sometimes move in the same direction. Risk assets, for example, will frequently move in tandem based on the sentiment of investors, and risk-off assets, for example bonds, best forex white label solutions to consider 2023 will behave in the same manner. Kraken also requires users to verify their identity before depositing any funds. To do so through the Kraken website, users must provide several key details such as their name, date of birth and address.

Use it to customize this trade by indicating how to buy libra how much you wish to invest in this digital asset. Once the cash is reflected in your trading account, click on the “Discover” icon to bring up the list of assets supported on eToro. Choose crypto and a list of some of the best cryptos to buy in the US will pop up. After the trader account is approved, log in and hit the “Deposit Funds” icon on your user dashboard. A funding tab will pop up indicating all the payment methods available to you.

Buy Ripple with a credit card

However, P2P services may have lower liquidity and higher transaction costs compared to centralized exchanges. Additionally, due to the privacy they provide, they might be under surveillance by authorities interested in finding money laundering schemes. You could unknowingly and quickly become part of an illegal transaction and find yourself in some legal trouble. In this section, we take you through the process of buying cryptos on eToro in detail. We provide you with a step-by-step guide to creating a user account and buying your first altcoin on the multi-asset brokerage. A simple and intuitive interface and rich educational programs are some of the things that make Coinbase one of the best crypto exchange for beginners in the US.

Security Measures

The digital currency benefits from a robust community, which provides this cryptocurrency with significant support. It has very strong engagement on social media platforms like X (formerly Twitter), which helps illustrate the enthusiasm of its backers. After investing in a cryptocurrency like XRP, the last thing you want is to lose your tokens. However, some exchanges don’t accept all cryptocurrencies — and some cryptocurrencies can’t be traded with one another — so be aware of those limitations as you prepare to buy. Additionally, exchanges charge different fees depending on what you’re buying and how. The investing information provided on this page is for educational purposes only.

In recent months, the price of XRP has typically traded for well under a dollar. Here are some things to know if you’re considering an investment in XRP. Here are some details about buying XRP to help you decide whether that’s the right next step for you. By combining accessibility with diligent research and safe practices, crypto enthusiasts can navigate the world of XRP with confidence. With the ability to locate crypto ATMs that support XRP withdrawals, you can seamlessly convert your XRP into cash when needed. To access this content, you’ll need to upgrade your eToro Club membership.