So you’re wondering how to buy Ripple? Well, the process is exactly the same whether you want to buy Bitcoin, Ethereum, or any other cryptocurrency. There are hundreds of exchanges in the market today, many of which offer almost every cryptocurrency you can possibly imagine.
However, it can be hard to choose the right crypto exchange platform for a specific currency. Moreover, if you have never traded digital assets before, then finding an exchange that offers beginner-friendly options could prove challenging.
XRP, which stands for Ripple, is the 6th largest cryptocurrency by market capitalization and one of the most promising digital assets in the cryptosphere. The price measured in crosses has shown significant growth over the past few weeks and shows a fair amount of potential for what’s yet to come.
But before going any further, let’s take a look at what we know about XRP so far.
Ripple Background.
Ripple was launched in 2012 by Chris Larsen and Jed McCaleb (who went on to co-found Stellar), who created a digital currency that they believed would be more efficient than Bitcoin.
They wanted to create a digital means of exchanging value quickly, cheaply, and securely. The idea was that it would work like PayPal but allow people to send money over long distances almost instantly by encoding it into a series of encrypted messages that could be sent through any computer or smartphone anywhere in the world.
The first version of Ripple was released in 2012 as open-source software under an MIT license with no premise (allowing anyone to download it). In 2013, Ripple Labs launched its own cryptocurrency, called XRP (Ripple). Now let’s see how you can get or buy Ripple coin.
Buy Ripple on Binance.
I don’t think I have to explain Binance. You pretty much know about it. Ripple has been listed on Binance.
On Binance you can buy Ripple with AUD, GBP, BRL, RUB, EUR, or TRY directly (because of regulation, some currencies could be unavailable), and you can exchange Ripple with USDT, BUSD, BTC, BNB, BIDR coins.
To start with Binance, create an account and then complete the KYC verification for buying Ripple. If you just want to exchange Ripple, the KYC is not necessary.
Exchange XRP on Huobi Global.
Huobi Global is one of the leading cryptocurrency platforms that allows its users to do something extra with their cryptos, such as trading, exchange, staking, and lending. And as well as buying and selling cryptos via bank card, bank account, Western Union, SEPA, and many more.
Like others, it allows you to buy XRP directly with AUD, EUR, INR, IDR, GBP, and more from different payment methods. Also, you can exchange USDT, BTC, and ETH for XRP. On HG, buying cryptos does not require KYC verification.
Buy Ripple on WazirX and BitBNS.
It’s pretty hard to buy Ripple or even any coin with INR (India), so if you are one of those users, then you can try WazirX, BitBNS, and CoinCDX to get your first Ripple.
On WazirX and CoinCDX you can exchange Ripple with USDT after buying with INR while on BitBNS you can buy Ripple with INR directly.
To buy Ripple on any of this, you have to complete KYC after creating an account. Wazirx is acquired by Binance, so after buying Ripple, you can connect your WazirX account to your Binance account. This is the best trick to transfer your coins from Wazirx to Binance or from Binance to WizerX with zero fees.
Buy XRP on Gate.io.
If you like a centralized and simple place to deal with Ripple, then go to Gate.io, where you can directly buy or exchange your USDT with XRP coin with a minimum $0.5 order.
On Gate.io you don’t need any kind of KYC to exchange Ripple but necessary to complete your KYC for extra security.
To start with Gate.io go to the website or download the app, then create an account by entering your email and password. After complete security set up your account is ready to use now, go to My Balance and find USDT and click deposit address and then deposit only USDT coin on the address. You can also deposit other coins but you will need to exchange them for USDT first.
Now you are ready to get Ripple, go to trade (Spot Trading) search for Ripple (XRP) and click on it to find the best low price, and place your order by clicking on buy XRP as soon as your price match your coin will arrive in your account.
In case you don’t have any coins or don’t want to sell your other coins, then simply buy XRP on Gate.io with your credit card or Bank account.
Exchange Ripple on KuCoin.
This is the best place for beginners and users who want to start investing with a low amount. The lowest amount to exchange USDT into XRP is $0.5.
If you don’t have USDT to buy Ripple, then you can get it via a bank account, P2P, or Credit Card. KuCoin does not require KYC verification to buy XRP but if you do it your trading fee will reduce, so try to verify KYC if possible.
Buy Ripple on Coinmama.
An Israel-based company founded in 2013 has now become one of the most popular websites to buy crypto, including XRP with a credit card, across 188 countries.
Using Coinmama, you can buy several coins such as Ripple, Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Cardano, Litecoin, Qtum, Tezos, and Eos with a credit card and bank transfer with the supporting currencies such as USD, EUR, GBP, AUD, JPY, and CAD. (You can buy in your currency but note that if you pay with another currency, your bank may charge an exchange fee.)
If you are using a VISA or Master card can easily buy Ripple and other coins instantly. After verifying your account, you can increase the minimum limit.
Your account level is the only thing that determines your purchase limit for a credit card. It is $5000 for a level one user. You can level up your account by completing KYC.
Exchange Ripple on FTX.
The exchange launched in May 2019 and provides its users with access to a range of innovative trading products, including Ripple options, over 45 leveraged tokens, 20 perpetual swaps, MOVE contracts, and prediction markets.
It provides USD, USDT, BTC, and JPY pairs to exchange XRP. For the USA, it has FTX US that supports USD and USDT pairs.
Buy Ripple on the Coinbase Exchange.
On Coinbase Pro, you can easily buy Ripple after completing KYC verification. It allows you to buy Ripple with USD and EUR GBP and can be exchanged (XRP) with BTC and USDT pairs.
Buy and sell will only happen in Coinbase Wallet and then you have to connect it to Coinbase Pro to trade Ripple. Simplicity is the best thing about Coinbase Pro which requires no knowledge to trade any coins.
Exchange XRP on OKx.
OKx is similar to KuCoin, with higher security features. It gives three pairs of BTC, ETH, and USDT to trade with Ripple.
If you don’t have any coins to get XRP, then don’t worry; it has more payment methods and supports fiat than other platforms, so like others, you don’t have to buy and sell here and there.
Buy Ripple on Bitpanda.
The most popular and leading website to buy Ripple with a credit card in the European region. Once verified, you can use every feature of Bitpanda. There are no tiers, and every user can use Bitpanda the same way regarding limits and features.
For buying XRP with a credit card you have to verify at least your Email and Mobile number, then you can buy and sell up to 50 EURO worth of XRP with a credit card.
About the fee, Bitpanda does not mention it on its websites, but you can see or calculate the fee during the buying and selling process. And it may be about 5% of the amount you buy.
Buy XRP on SwitcHere.
Another fastest-growing cryptocurrency platform that allows buying and selling XRP and other cryptocurrencies instantly with your credit card and local bank almost in all countries.
Using SwitcHere exchange features users can buy XRP including BTC, BHC, ETH, DASH, EOS, LTC, XML, and USDT20 in a few clicks with their credit card (USD, EUR) and the local bank (MYR, IDR, THV, VND).
The minimum daily amount of transaction is $4800 or €4350 in case of buying with a credit card, but you can increase the amount by completing verification.
SwitcHere does not show fees on its website, but you can see and calculate the fees during the last transaction. It may be between 5 – 15% of the amount.
If you are from Indonesia, Malaysia, Thailand, or Vietnam, then you can buy XRP with a bank account in your local currency.
The more you understand about Ripple, the easier it will be to identify the best time and opportunity to buy XRP. This buying guide can help you learn some of the key details that set XRP apart from other cryptocurrencies.
By the way, what do you think about Ripple and these platforms? Are you looking to buy XRP? Let us know.
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