XRP is the native token and digital currency of Ripple, a digital payment platform that uses blockchain technology and cryptocurrency to facilitate cheaper and faster global transactions. It is used to make currency conversion easy and enhance international financial transfers.
If you’re wondering how and where to buy XRP, we have carefully listed some top places and reputable exchanges where you can buy XRP, as well as how to buy Ripples XRP.
Want to know where to buy XRP right now?
To buy some Ripple (XRP), a trusted and regulated exchange platform such as Binance is a good place to start. Thankfully, Binance is not the only exchanger that sells XRP.
Some of the best places and exchange platforms to buy XRP today include eToro, Bitstamp, Bitfinex, Bithumb, Uphold, Huobi Global and FTX.
Top 6 Exchanges That Sells XRP in 2022
Here are the top best places to buy XRP right now:
The cryptocurrency market, although with unstable increase and decline is projected to keep growing in the coming years. New coins are constantly being introduced to the market while already existing ones are becoming more valuable. Interestingly, one such digital currency is Ripple’s XRP.
This guide will show you top places (exchanges) to buy and trade XRP, and covers the most important details whether you’re a beginner and experienced user. In this guide, you will know what the best cryptocurrency trading platforms to buy XRP are, after careful analysis and learn how to buy XRP using trusted exchange.
Detailed Guide to Top Exchanges Where You Can Buy XRP
XRP can be purchased from a number of exchanges. You can buy XRP right now from trusted exchanges such as eToro, Bitstamp, Binance, Bitfinex and Bithumb.
Here then is a guide to where you can buy XRP in 2022:
1 – Bitstamp
Bitstamp is an affordable and low-fee crypto exchange that is ideal for new investors especially and then experienced investors alike. The platform is known for having lower fees than many of its competitors.
One very good and probably the best place to buy XRP for new investors that are concerned about paying high fees on small volume trades is Bitstamp. The reason is because the lower fees and rates on Bitstamp beats its competitors, the platform is very user friendly and packs a whole lot of useful features for any category of users.
While some major cryptocurrencies aren’t available on Bitstamp it offers over 50 cryptocurrencies to trade and you will easily find XRP on its list. There are different recognized and easy modes of payments and deposits with no minimum deposit threshold.
In a bid to be the best altcoin exchanges on the market, Bitstamp offers an array of advanced trading tools including a crypto savings wallet, a dedicated market insights section which rounds up the latest news and updates in the crypto marketas and a robust mobile app for crypto trading on the move.
2 – eToro
The best place to buy XRP right now, even in the USA
eToro is the best trading platform that is well suited for both beginners and experienced users to buy, sell and trade XRP. With over 20 million traders, eToro is one of the most popular online broker authorized and regulated by the SEC (Securities and Exchange Commissions) in the USA.
Such regulations mean it is a safe platform for traders. To buy XRP on eToro, start by setting up an eToro account and then simply choose a deposit method for buying XRP.
The platform supports XRP but charges significantly higher fees than some of the competitors. However, with such fees comes great security, easy user experience, a whole lot of tools and trading features. eToro has a FINRA membership and is also licensed by bodies in Cyprus, the UK, and Australia.
On the eToro website, you can easily open a crypto account in minutes, and you will be able to purchase XRP on a spread-only basis. What this means is that the only fee that you need to pay is the gap between the buy and sell price.
Overall, if you’re wondering where to buy XRP in USA, both eToro and Binance are great options, but eToro is the best place to buy XRP right now in 2022. If you are a US client depositing funds in USD, you get free transaction without fees using any of the payment methods supported by eToro.
3 – Binance
Binance offers over 60 ready to trade cryptocurrencies for customers in the USA, including XRP. Binance is one of the largest and most popular exchanges in the cryptocurrency trading industry.
As a widely known and popular platform, traders and investors have many trading options, and the platform offers lower fees than many other exchanges. However, the platform is known for being a little more complex than the other options above and may not be very suitable for beginners to purchase XRP, unless you intend to do more complex trading in the future.
In the United States, Binance is only available in 44 states. While the possibility of it not being accesible at your location isnt ruled out, Binance has more than 100 million trading accounts and is still one of the best places to buy XRP, especially if you’re in the USA. All the XRP you buy will be placed in your Binance web wallet.
4 – Bitfinex
Bitfinex is a cryptocurrency exchange based in Hong Kong, and has been around since 2012. It is one of the oldest exchanges on this list that trades XRP.
While there has been some controversy surrounding the exchange, it has consistently been used and rated highly by new and experienced traders.
In some ways, Bitfinex is more advanced than other cryptocurrency exchanges, but unfortunately, it doesn’t accept customers from the United States. To buy your own XRP, simply set up a free account on the exchange platform, fund it and start trading.
5 – Bithumb
Bithumb is a South Korean exchange and trading platform known for its highly accessible and knowledgeable customer services. It recently received regulatory approval and uses a secure system to give its users peace of mind with their accounts and coins.
If you’re looking to buy or trade XRP on Bithumb, the process is pretty simple. You simply set up an account using your email address and follow the easy to navigate platform to buy Ripple.
6 – Uphold
This San Francisco-based digital platform offers a unique trading experience fondly depicted as “anything-to-anything” trading.
It enables users to conduct various types of trades including crypto (XRP included), equity, and precious metal trades while providing a range of other financial services to a global market.
With support for over 80 cryptos, more than 20 fiat currencies, and four precious metals, this multi-asset platform is both reliable and versatile.
There are many other exchanges that sell XRP. The above lists are, however, reputable exchanges with lots of customers and allow trading with many different cryptocurrencies and assets. So, the next time you do a search for “where can I buy XRP”, or “where to buy XRP 2022”, have in mind that you should only buy the coin from reputable and well know exchanges.
If you are new to the whole cryptocurrency trading world, then we highly recommend you choose a regulated exchange with easy-to-use features and support that can help you get started easily.
Learn more about Ripple and XRP, how they work, and how you can invest in this cryptocurrency and its technology. If you want to buy Ripple XRP right now in the fastest and cheapest way possible the step-by-beginners guide below will help you get started the right way.
How to Buy XRP in 4 Simple steps
To buy and trade XRP, you’ll first need to create an account at an exchange that currently sells and supports XRP. Once you have an account, you can easily deposit fiat money or cryptocurrency and then start purchasing XRP directly.
Follow these simple steps to buy XRP:
- Step 1: Choose a trusted exchange platform of your choice. Choose from any of the top-rated exchanges and create a free account.
- Step 2: Deposit Funds to buy your Ripple XRP. Click on the “Deposit” button on your selected exchange platform and choose your preferred method of payment.
- Step 3: Search for XRP. Search for XRP on your platform of choice and use the buy button to continue.
- Step 4: Select the amount of XRP you need and buy. Select the amount of XRP you would love to invest in and checkout to complete the process
What Is Ripple?
Ripple is a blockchain-based digital payment network, originally designed to replace the global money transfer network SWIFT to process financial transactions around the world.
To enable fast and affordable monetary transactions, the digital payment platform has its own cryptocurrency known as “XRP” to serve as the company’s own digital asset which works on the network to enhance currency conversion and international financial transfers.
Developed in 2012, one of the network’s key advantages is the low transaction fee using XRP as compared to what traditional financial institutions charge for international transactions. While it can facilitate cryptocurrency exchanges, the network also supports a range of fiat currencies and commodities such as gold.
Editor’s Note: Although Ripple operates as a legal entity in the US, you cannot buy XRP stock. The only way to invest in Ripple is to buy XRP tokens from an online exchange.
What is XRP?
XRP is a digital currency native to XRP ledger and operates on the Ripple blockchain payment system to enable transactions on the Ripple platform. In simpler terms, XRP is the payment method and currency you pay for international banking transactions on Ripple platform, but it is treated also as a cryptocurrency by the community.
Even though Ripple’s XRP Ledger platform acts as a decentralized exchange that enables XRP trading directly with peers, it is not completely decentralized like the other cryptocurrencies.
Although it differs slightly from other cryptocurrencies (because it is aimed at banks and financial institutions), XRP can still be bought and traded freely like many of its digital counterparts in the cryptocurrency markets.
And as such, anyone can buy and sell XRP easily. Like any other digital asset that trades on public exchanges, the value of XRP rises and falls throughout the day. Therefore, when you buy XRP for your own portfolio, you can also trade and make a profit if the value of increases.
Investing in cryptocurrencies and other Initial Coin Offerings (ICOs) is speculative and highly risky. This article is not a recommendation by ITTVIS or the writers to invest in cryptocurrencies or other ICOs. This article is only a guide to help users seeking help on where to buy XRP. Because each individual’s situation is different, a qualified professional should always be consulted before making any financial decisions.