How To Buy Ripple (XRP) on eToro With Credit/Debit Card, Paypal & eWallets

This article will guide you on how to open a Ripple (XRP) account on eToro and eToro Digital wallet. It will also guide you on how to buy ripple on eToro with a credit card, Debit card, Cash, wire transfer., and PayPal. Also, it will explain leveraged trading on the platform.

Author: Alex Waick   -   Last updated: 19/03/2024
How to Buy XRP on eToro


Ripple is a digital asset and cryptocurrency that is used to transfer money globally. In this piece, we talk about how to buy XRP and most importantly from where? Buying cryptos is one of the popular investment options these days. Investors seem to rush to buy their favourite digital currencies, especially in a post-covid 19 world when businesses are struggling. Many people have no idea where to buy them.  In this blog post, we’re going to show you how to buy Ripple (XRP) on eToro with a credit/debit card, PayPal and various eWallets. Let’s get started.

Number of Coins: 20+
Margin Trading: YES
Minimum Deposit: $200

Invest In Cryptocurrency With $0 Commission

  • Supports Multiple Languages
  • Regulated by FCA, ASIC & CySEC
  • Paypal, Debit & Credit Card Accepted
BankGiro PayMastercardNetellerPayPalSkrillUnionPayVisaYandex

Update for USA Clients – Why Can’t I Buy XRP on eToro?

The eToro trading platform prohibited purchases of XRP and conversions from users’ wallets effective January 3rd at 12 pm EST 2021. This was done after the U.S. Securities Commission filed suit against Ripple Labs Inc., Though they have banned XRP transactions for US clients to avoid any legal issues, those willing to hold Ripple are allowed to do so. However, those looking to buy should look elsewhere. We recommend Uphold, a user-friendly platform where you can transact, hold and move Ripple. Uphold charges a verifiable spread of up to 3%, or more. The exchange features multiple payment methods including credit/debit cards, wire transfers, and US bank accounts. Uphold has its headquarters in New York, USA, and another office in London, UK.

Available Coins: 60+
Margin Trading: YES
Minimum Deposit: 5 $£€
Visit uphold

Capital At Risk

How to Buy XRP – Choosing an XRP Exchange

To buy cryptos, you need an exchange where digital currencies can be purchased. Selecting the best one is crucial because it is not just about buying XRP or other cryptocurrencies, you also need to consider various elements of exchange before you make your final move.

What to Consider While Choosing an XRP Exchange

There are various aspects that you may like to know before deciding on an exchange to buy XRP, a few of them are discussed below;


Security is by far the most important aspect when it comes to selecting an exchange. No matter what benefits you are promised to receive – if the exchange is not secure – all go in vain. You need to look at both legal and technological parameters the exchange is committed to offering. If an exchange is regulated? Also if it has HTTPS, SSL protocol servers installed altogether with an advanced feature of cold storage where you can store your digital assets online.


Location comes next on the list of important factors that must be considered before you buy XRP. Legitimate exchanges tend to remain transparent. They share their location, POCs, information about key members, storage address, and audit reports publicly.

Available Payment Methods

Since exchanges deal in more currencies than any other traditional brokers, therefore the list of available payment methods is likely to be numerous. Almost all exchanges across the globe accept popular cryptocurrencies. However, it is much better to know what currencies are they offering, and whether you can buy XRP from a specific exchange or not. In addition to an exchange of crypto for crypto, there may be other traditional methods available to buy XRP including but not limited to debit cards, credit cards, 3d secure cards, Bank Transfers, PayPal, etc.

Fee & Charges

Fee holds great importance when selecting an exchange to buy XRP or any other digital asset. The best way to find the optimal fee of a specific exchange is to compare it with other exchanges. Most of the time, exchanges do not charge more than 1% of the transaction amount, and the fee even gets lower as the volume of transactions increases.


Exchanges with higher liquidity usually process transactions faster in comparison with other top crypto exchanges. Higher trading volumes often lead to increased price volatility issues, so you might want to check whether the exchange offers a “lock-in” price feature. This will protect you from price volatility, even if the transaction is not carried out instantly. Also, It would be a great help to decide whether you should buy XRP from it or not.


Leverage is yet another aspect that must not be overlooked when deciding to buy XRP from any exchange. Although most of the exchanges offer leveraged cryptocurrency trading, you must know how much leverage is allowed, and what rules and regulations does the exchange follows concerning the margin calls or liquidation levels.

Types of Platforms Offered

Keeping in view the need of all types of customers, famous exchanges offer mostly three types of trading platforms;

  • Web Trader: An online, easy-to-use, trading platform that allows traders to enjoy a seamless trading experience without having anything downloaded to their PCs. It works super-fast allowing traders to access the market, place orders, and explore other digital trading tools available. You should make sure that the exchange you want to select has this platform.
  • Desktop Platform: Customers who prefer trading with the comfort of their desktop are more likely to use desktop platforms. Downloading it to the PC doesn’t take more than a minute. A trader can configure it as per their need. If you wish to use the desktop platform, don’t forget to confirm if your selected XRP exchange offers the same or not.
  • Mobile Platform: The most commonly used trading platforms are mobile-based platforms that enable traders to access live market analytics altogether with a wide range of tradable assets in a matter of a single click. Mobile platforms may sometimes be also referred to as touch apps. The exchange you plan to buy XRP should have this platform.

eToro – A Great Exchange to Buy XRP

After taking into account all the parameters discussed above, we feel the eToro trading platform has all we have been looking for. However, the process to buy XRP from eToro may still need an explanation. For this reason, we will be looking at all available methods through which you can buy XRP from one of the world’s best XRP exchanges.

How to Buy XRP on eToro

How to Buy XRP on eToro?

After deciding on eToro be your XRP exchange, now is the time to look out for different options available, the fee associated with each option and how many XRP you can buy using your preferred payment method.

To buy XRP from eToro, you don’t necessarily have to be a registered user of eToro. Although buying XRP without an account is allowed at eToro, still, you may face certain buying limits. You are therefore suggested to sign up for an account with eToro to unlock buying restrictions.

eToro also offers fast trade execution and hassle-free deposit/withdrawal methods allowing you to trade in XRP against several fiat currencies such as GBP, EUR, RMB, AUD, IDR, PHP, MYR, VND, and USD.


How to Buy XRP on eToro

How to Open an XRP Trading Account with eToro?

XRP account with eToro opens new doors to the world of digital currencies. Using eToro’s advanced risk-averse trading tools, traders can access protected position mechanisms along with hassle-free deposits, instantaneous trade execution, quick withdrawals, and free practice account topped up with virtual funding of $100,000.

eToro allows you to get started with as little as investing $25 per trade. With immediate purchase deals, you can benefit from the rising or deteriorating prices of the XRP and can watch the impact of price fluctuations directly on your portfolio.

Other than offering free virtually funded practice accounts for newbies, eToro offers a social trading platform with a concept of assisted trading. With the social trading platform at eToro, clients can copy the trades of the most successful traders.

Given below are steps to follow while going through the registration process to open an XRP account with eToro:

  1. Go to
  2. Click the “Start Trading” button which can be found on the top right of the homepage.
  3. Enter your username
  4. Enter your email ID
  5. Enter your password
  6. Provide your telephone number along with the country code
  7. Accept Terms and Conditions
  8. Agree to acknowledgement disclaimer
  9. Click “Start Trading”
  10. Click the link received in your email to become a registered user of eToro.

It is to be noted that getting registered with eToro doesn’t mean that your account has been verified. You still need to provide valid proof of identification to enjoy the benefits offered to verified account holders. However, users with no account id can enjoy purchasing limits of up to $2250

After setting up an account with eToro, the next step involves purchasing XRP which is
enlisted below;

  1. Sign in to your account using your login credentials
  2. Fund your account with real money using any of the available methods.
  3. Access the member area
  4. Access the market
  5. Select XRP as your desired cryptocurrency
  6. Indicate the amount to buy XRP
  7. Select the method you wish to pay with
  8. Provide relevant details of your payment source
  9. Click proceed to finish the payment wizard
  10. Receive XRP in your digital wallet

What Is eToro Trading Account? Can it be used for crypto trading?

The account using which you can access the assets market, buy, or trade cryptocurrencies. The eToro trading account can be used for both manual and social trading. You can also check live market updates, and access the economic calendar to stay ahead of the economic news.

What is the eToro Digital Wallet?

An easy-to-use multi-crypto digital wallet where you can store your digital assets with a complete sense of security. Powered by a unique on-chain address, the eToro wallet enables you to receive or transfer your cryptocurrencies to any other digital wallet. Offering high-level protection it also enables traders to convert their crypto to other supported digital assets using the same wallet.

What is Leveraged crypto trading? How does it differ from non-leveraged crypto trading?

In leverage crypto trading, you are not required to invest the whole amount of the underlying digital asset to enjoy full-price exposure. Instead, you just need a minimal amount to invest.

For example, if your broker or exchange offers you a leverage of 1:25, this essentially means that you can open a position of $1000 worth of BTC by investing $40 only. This is also called margin trading.  Whereas for non-leverage crypto trading, you need to buy the asset in full to open a position for it.

Does eToro offer leveraged crypto trading? Can you convert your leverage cryptos from the eToro trading account to eToro’s digital wallet?

Yes, eToro offers leverage trading of (x2) BTC. However, you cannot convert your leveraged cryptos from eToro’s trading account to eToro’s digital wallet. Only non-leveraged crypto-assets can be transferred to eToro’s digital wallet.

The procedure to transfer your cryptocurrencies from eToro’s trading account to eToro’s digital wallet is as below;

  1. Visit
  2. Sign in to your eToro trading account
  3. Access the digital asset portfolio
  4. Click the edit trade tab. It is available under the invested amount caption
  5. Select the position you wish to transfer
  6. A pop-up window will prompt you to the number of units in trade, the transactional fee, and the units of crypto you may receive in your digital wallet.

How to Buy XRP with Credit Card at eToro?

Buying XRP with a credit card is surely an expensive method. However, the process to buy XRP using a credit card is pretty simple.

  1. Visit
  2. Login to your account
  3. Access your member area
  4. Access the crypto market
  5. Select the amount of XRP you wish to buy
  6. Select “credit card” as your selected payment method
  7. Click next to proceed with the payments
  8. Provide authorization details
  9. Click next to finish the transaction
  10. Receive XRP in your wallet

Note: Those clients who do not have an account with eToro, or whose account is not verified, can only deposit up to $2250. Should you wish to increase buying limits, your account needs to be verified first.

How to Buy XRP with a Debit Card at eToro?

Amongst other methods available at eToro, buying XRP with a debit card is yet another option traders can avail.

The process is more or less similar to other methods available. However, debit card transactions are relatively less complicated as compared to payments made through credit card or PayPal.

  1. Go to
  2. Login in your account
  3. Access the member area
  4. Click on the crypto market
  5. Select the amount to buy XRP
  6. Enter your debit card number
  7. Enter the month of the expiry
  8. Enter the three-digit code given on the back of your debit card
  9. Press finish authenticating the transaction
  10. Check your wallet to confirm the arrival of XRPs into your account.

*Traders with no account id can avail of the purchasing limits of up to $2250

How to Buy XRP with PayPal at eToro?

Buying XRP with PayPal inside and outside the United States can never be so easy without eToro. The main reason is that eToro complies with all rules and regulations in place in the jurisdiction where it exists. You may or may not be aware that exchanges or brokers, offering digital asset trading, earn money by charging spreads.

Spreads on digital assets are usually higher than any other types of tradable assets because of their high volatility levels. However, eToro only charges a spread of 2.90%. Clients may also be charged $25 on XRP withdrawals. An inactivity fee of $5 is also payable if your account remains inactive for three consecutive months.

To buy XRP using PayPal, please follow the guidelines listed below;

  1. Go to
  2. Access your wallet by providing login details
  3. Choose your preferred method for payment from the drop-down list i-e “PayPal”
  4. Enter the amount you wish to fund your account with
  5. Click continue to get redirected to the payment wizard
  6. Enter your login credentials
  7. Review the transaction details
  8. Click “Pay” to finish the transaction
  9. Receive the amount purchased

Can you buy XRP with cash?

Although cash can be one of the quickest methods to buy XRP, it is not recommended. Also, eToro doesn’t support cash to buy XRP. Besides being an expensive method of payment, is also considered to be the least safe method for a cryptocurrency purchase. Secondly, the digital world needs to be dealt with digital payment methods to support the digital revolution.

How to Buy XRP with Bank Wire or Wire transfer at eToro?

Buying XRP with wire transfers is relatively a simple process. It is one of the few methods to have lower transactional charges. Please follow the given below steps to buy XRP with bank wire;

  1. Login to your account
  2. Select the amount and the crypto you wish to buy
  3. Take a print of the wire transfers details appearing on your desktop/mobile screen
  4. Visit your bank or Login into your internet banking account
  5. Type in your username and other details
  6. Obtain a swift document confirming your transfers
  7. Share the copy of the swift documents with eToro.

It is to be noticed that the wire transfers may take up to 7 working days. Therefore your wallet will be credited as soon as the transfers are confirmed.

Frequently Asked Questions (FAQs)

It depends upon the country you are residing in. However, it varies between $50 and $10,000

Because it is against the framework of anti-money laundering and anti-terrorism watchdogs. Therefore, the source of money must be owned by the person who intends to buy a cryptocurrency.

You can deposit as much as you can if funds are transferred using wire transfers. However, a maximum of $40,000 can be deposited using credit/debit cards.

Unfortunately, you can’t. However, you can request eToro to set up a business trading account for you after the verification of certain documents.

Back to Top