How To Buy Ripple (XRP) With PayPal, Credit Card, Debit Card & eWallets

A complete guide on how to buy Ripple safely, for beginners to advanced traders. We tell you the easiest way to buy Ripple. Also, learn how to buy Ripple with PayPal, credit and debit cards, and other payment methods widely accepted by different platforms.

Author: Alex Waick   -   Last updated: 01/04/2024
How To Buy Ripple (XRP) Header Image


We tell you how to buy Ripple (XRP). We will introduce you to Ripple, and provide you with a simple step-by-step guide that you can use to buy Ripple XRP with Paypal, Credit Card, and other payment methods.

Best Six Platforms to Buy XRP in 2024

  • Min Deposit: $200
  • Number of Coins: 20+
  • Supports Multiple Languages
  • Regulated by FCA, ASIC & CySEC
  • Paypal, Debit & Credit Card Accepted
BankGiro PayMastercardNetellerPayPalSkrillUnionPayVisaYandex
Visit eToro

Capital At Risk

  • Min Deposit: 20 $£€ By Credit Card
  • Number of Coins: 26+
  • Regulated by FCA, CySEC, ASIC, SCA, & SCB
  • Place Buy & Sell CFDs Orders
  • Low Minimum Deposit

80.84% of retail CFD accounts lose money

  • Min Deposit: 1 $£€
  • Number of Coins: 50+
  • Regulated by SEC, & FinCEN
  • Place Buy & Sell CFDs Orders
  • Low Minimum Deposit
Visit Coinbase

Capital At Risk

  • Min Deposit: 1 $£€
  • Number of Coins: 1500+
  • High Number of Coins
  • Accepts Fiat Deposits
  • Trade on Spot and Futures
Visit Binance

Capital At Risk

  • Min Deposit: 50 $£€
  • Number of Coins: 9+
  • Free deposits / withdrawals
  • High limits for buying bitcoins with a credit/debit card
  • Service available in many countries
Visit Coinmama

Capital At Risk

  • Min Deposit: 1 $£€
  • Number of Coins: 50+
  • Highly transparent exchange
  • Competitive Bitcoin trading fees
  • Highly secure
Visit Kraken

Capital At Risk

How to Buy XRP Instantly in Three Quick Steps

Step 1:  Create an account

Start by finding a highly reputable crypto exchange or trading platform that lists Ripple and creates a trading account. Remember that most XRP trading platforms will require you to verify your identity, especially if you intend to buy Ripple with fiat currency.

Note: At the moment, most exchanges in the US have suspended Ripple trading due to the ongoing SEC Vs Ripple case. While we hope that they restore XRP trading services soon, US residents will need to look harder to find a reputable exchange where they can buy XRP at the moment.

Step 2: Fund account

After your verified account is approved, you will now want to deposit some funds into it before you can start trading. Different exchanges support varied payment methods – and in most cases, the deposit or withdrawal option available to you will be dependent on your country of residence.

Today, the most popular cash deposit and withdrawal methods include Cryptocurrency, eWallets (Skrill, Neteller, PayPal), Credit card or debit card, bank transfers.

Step 3:  Buy XRP with or without leverage

Without leverage, you buy XRP, the actual coin, with leverage you trade CFDs Futures and Options contracts.

Now that you have an active and funded trader account, you can proceed to buy your Ripple coin. Depending on the exchange, you can buy Ripple with or without leverage.

Typically, crypto exchanges will only offer actual Ripple coins and will not support leveraged purchases. On the other hand, crypto brokerages list crypto derivatives like CFDs or futures contracts and allow margin trading.

Step One
Open A Free Account
eToro Logo
Step Two
Deposit Funds
BankGiro PayMastercardNetellerPayPalSkrillUnionPayVisaYandex
Step Three
Buy Cryptocurrency
Buy Now

Capital At Risk

How to Invest in Ripple (XRP)

Now that you understand XRP’s history and some of the factors influencing its price, it is time to look at the different ways in which you can invest your XRP portfolio.

1. Buy and Hold (Long-term)

Buying and holding, also known as HODLing, is the most popular form of crypto investing. It involves buying a cryptocurrency like Ripple and holding on to it for years, hoping that its value will one day rise to astronomical levels.

Ripple ticks all the right boxes of a highly potent coin. It has been adopted widely, it is massively scalable, its use cases are gradually increasing, and there is a ready market for its technology. The only thing standing between XRP and a price breakout today is the SEC case.

2. XRP CFD Trading

Don’t feel like buying Ripple and holding on to them for years? You can still make quick cash from the crypto by speculating on its shaky price action by trading Ripple CFDs.

Crypto brokerages like the eToro trading platform provide you with a platform for going long or short on XRP prices. Here, you can margin trade the coin with leveraged funds.

3. Day Trading Ripple (XRP)

Day trading Ripple involves buying XRP coins and holding them for the shortest time possible – mostly as soon as they become profitable or start making losses. The idea here is to avoid the risk of holding Ripple coins overnight (when you are not actively monitoring the markets) by buying and selling ripple coins multiple times throughout the day and liquidating all your XRP holdings at the end of a trading session.

How to Buy XRP with eWallets (Skrill, Neteller)

Popular exchanges like eToro have made it possible for their crypto investors in different countries around the world to buy Ripple with eWallets (Skrill, Neteller). Whether you are buying actual Ripple coins or looking to trade Ripple CFDs (eToro offers both in select countries), you can fund the transaction with deposits via popular eWallets like Skrill, Neteller, and Sofort.

eToro doesn’t charge a deposit fee for eWallet deposits. But it only has the USD as its base currency, so you will be charged a 2% currency conversion fee if you deposit in any other currency. The minimum deposit is $200 ($50 for US residents), the minimum withdrawal is $30, and each withdrawal attracts a $5 fee.

How to Buy XRP with a Credit Card or a Debit Card

Credit Cards are one of the most popular methods of depositing cash on eToro. Most individuals in eToro-supported countries can buy Ripple with a credit card or a debit card on the platform. The broker doesn’t charge a deposit fee but your card processor will charge you a processing fee, typically averaging 4% of the transaction amount. The minimum deposit is $200 ($50 for US residents) and deposits are processed instantaneously. The minimum withdrawal amount and withdrawal fees are also set at $30 and $5, respectively.

How to Buy XRP with Credit Card in 3 Steps

  1. Choose a Trusted Exchange or Website: First, find a trusted exchange or website that allows you to buy XRP with your credit card. Once you’ve found a good exchange or website, go ahead and create an account.
  2. Verify Your Identity: Once you have created an account, most exchanges will require that you verify your identity before allowing you to buy Ripple (XRP).
  3. Buy XRP with Credit Card: Most exchanges will allow you to buy Ripple (XRP) with a credit card. Follow the instructions on the website or exchange carefully so that your transaction goes smoothly.

How to Buy Ripple XRP with PayPal

eToro is one of a handful of crypto exchanges around the world where you can buy ripple with PayPal. The service is, however, limited to countries where PayPal services are available. Like other eWallets PayPal deposits to eToro carry a minimum and maximum limit of $200 and $10,000, respectively. The withdrawal minimum is set at $30 and the $5 withdrawal fee applies. Note also that the deposit and withdrawal processing is almost instantaneous.

How to Buy Ripple (XRP) with Paypal in 3 Steps

  1. Create an Account on an Exchange Platform that Supports XRP/Paypal Purchases: Before you can buy XRP with Paypal, you’ll need to create an account on a cryptocurrency exchange platform that supports this. Once you’ve selected an exchange platform, signup and verify your account.
  2. Fund Your Account With Paypal: Once your account is created, you can fund it with Paypal by linking it to your bank account or credit card. You will then be able to transfer money from your Paypal balance into your exchange account.
  3. Buy XRP with Paypal: Once your account is funded, select the amount of XRP coins you want to buy and confirm the purchase via the exchange interface. Your XRP tokens will be credited to your wallet almost immediately!

How to Buy XRP with Bank Wire

The bank wire transfer is arguably one of the accommodative payment methods on eToro. Virtually anyone in any eToro-supported country can buy Ripple with a bank transfer. However, unlike eWallets and card deposits, whose deposits and withdrawals are almost instantaneous, processing bank payments in and out of your eToro account will take between 3 and 8 business days.

The minimum you can deposit into eToro via the bank is $500 and the deposit is free. The minimum withdrawal amount is set at $30 and attracts a $5 fee.

How to Buy XRP without ID (Anonymously)

You can also buy Ripple anonymously (without ID verification) on eToro. The service is, however, only available in a handful of countries. Plus, the maximum crypto purchases you can make on eToro without verifying your identity are capped at $2,000 worth per month.

What are The Pros and Cons of Buying Ripple (XRP)?


  • Buying XRP is affordable with great growth potential: Trading below 50 cents, Ripple is more affordable than other equally popular cryptocurrencies and analysts project that it has an even higher potential for growth.
  • Potential for mass adoption when you Buy XRP: The interbank cash transfer program is a trillion-dollar business. This implies that there is a ready market for the services offered by the Ripple network. As we have mentioned hereinabove, RippleNET services have already been adopted in 55+ countries and are expected to continue drawing in more users moving forward, which effectively boosts its value.
  • Highly versatile: You might also want to invest in Ripple because of its versatility, especially when you consider that it can be used as a store of value and exchanged for other crypto and or cash.
  • XRP is Faster and more scalable: Ripple network is faster and more scalable than such competitors as Bitcoin and Ethereum. Its use cases are also increasing by the day and there is no limit to the number of banks or programs that can operate on the platform.
  • Readily available: Being one of the largest cryptocurrencies, Ripple has been listed by virtually all the most popular crypto exchanges and brokerages. You may, therefore, want to invest in the coin because it is readily available and also highly liquid.


  • SEC Litigation: In December 2020, the SEC initiated legal action against Ripple – accusing it of offering securitized assets in form of XRP coins and not cryptocurrencies. There is no telling the impact that the outcome of this civil suit will have on Ripple coin prices.
  • Ripple’s overbearing control of the XRPs: Unlike most cryptocurrencies that are mined or whose distribution is controlled by the crypto community, Ripple maintains near-absolute control over the distribution of XRP coins, which gives it an undue advantage in controlling XRP prices.
  • Volatile and highly unpredictable: XRP coin prices, like all cryptocurrencies, are highly volatile and their direction unpredictable. It, therefore, only appeals to investors that can tolerate high risks.
  • Better technology: There also is the risk of better blockchain technologies emerging and replacing Ripple as the preferred blockchain for the banking industry. While it is unlikely that this will happen soon, it is not impossible.

What do You Need Before You Can Buy XRP?

The first thing you will want to do before buying your first XRP coin is to gather as much information about the altcoin as possible. In this case, you want to know how it works, factors influencing its prices, and projected future performance. Then, only buy if it aligns with your investment strategy and investing goals. And to buy your first XRP coin you will need the following:

Active trader account

First, identify your investment strategy – whether it is active trading Ripple CFDs or HODLing XRP coins – and create an account with an appropriate broker. A few like the eToro trading platform let you buy actual coins and trade CFDs.

Sufficient capital

How much you need to start buying Ripple will be largely dependent on such factors as whether you are buying actual coins or trading CFDs. If you want to buy Ripple CFDs, you will only need a small initial capital as most brokerages support margin trading.

Ripple XRP wallet

When buying ripple, you will need a secure and reliable Ripple wallet. Typically, you will need a hardware wallet if you are considering taking up a significant investment or looking to buy and hold. Active traders and others holding light amounts of XRP coins can, on the other hand, be content with a reputable online wallet.

How Much Do You Need to Start Buying Ripple (XRP)?

The answer to the question about how much you need to start buying ripple is relative. It is dependent on such factors as your crypto trading experience, amount of disposable income at hand, investment goal, and your risk tolerance.

All-in-all, we advise that you do not invest in Ripple (or any other cryptocurrency for that matter) more than you are willing to lose. It is also highly recommended that you engage a crypto investment expert to guide you, especially if you are new to the industry.

The minimum investment amount will, nevertheless, be determined by your preferred crypto exchange or brokerage.

Where To Buy Ripple XRP Today

It is hard to imagine that in the slightly more than one decade that cryptocurrencies have been around, so many trading platforms have cropped up around the trade.

Today, you can buy XRP on a cryptocurrency exchange like Binance, Crypto brokerage like eToro, Peer-to-peer crypto trading platforms, over-the-counter exchanges, and even Ripple ATMs.

It is also interesting to note the different forms of Ripple that have cropped up over the years. You, for instance, have the option of buying XRP coins that give you ownership via private keys, Ripple derivatives like CFDs and futures contracts, and even the recently created Grayscale XRP Trust – traded on OTC markets.

How to Buy XRP at an ATM?

There are currently thousands of XRP coin-dispensing ATMs in different cities across the world. Of course, they aren’t as easy to come by as Bitcoin ATMs, but different companies have taken initiative and set up XRP ATMs in virtually major cities across the world.

In Japan, some banks have introduced a Ripple exchange service that lets XRP holders in the country convert these coins to cash at standard cash ATMs. But they are yet to let residents buy XRP from these Bank ATMs with cash. If you are looking to invest in Ripple, you will need to find a Ripple ATM and follow this guide.

  1. Search for the term “Ripple/XRP  ATMs near me” on your browser or find a crypto ATM locator tool to find XRP ATMs near youATMs locations to buy Ripple
  2. Find the ATM and choose the “Buy XRP” option. Some ATMs will want to verify your identity by asking for your number or scanning your identification document.How to Buy Ripple from ATM
  3. The ATM will then ask for your Ripple wallet address where you would like your coins deposited.
  4. Insert the paper money for the amount you wish to buy XRPs.
  5. Confirm the purchase and wait for the XRPs to reflect in your wallet.

What to Look for in a Ripple (XRP) Trading Platform?

Did you know that there currently are 384 (recognized by the Coinmarketcap) crypto exchanges across the world? Add in there the numerous exchange apps and other highly localized peer-to-peer trading platforms and you are spoilt for choice on where to buy XRP.

How then do you narrow this ever-growing list when identifying an XRP trading platform that works for you?

A list of factors that you ought to consider when finding the best XRP trading platform

  • Fees and other charges: Before creating an account with an exchange, research the type and range of the fees and commissions charged by the platform. Compare different platforms and only register with exchanges with the lowest trading costs.
  • Supported payment methods: Ensure that the brokerage supports your preferred deposit or withdrawal method. If the broker processes fiat deposits and withdrawals check their identity verification requirements.
  • User experience: Is the exchange platform user-friendly? How responsive is their customer support? What are its current and past clients saying about their experiences with the exchange? Read the exchange reviews and avoid platforms with complex interfaces or unresponsive support.
  • Authenticity and reputation: Avoid falling victim to the next crypto exchange scam by only registering with legit and highly reputable exchanges. Avoid platforms that aren’t transparent about their addresses, owners, or registration and regulation details.
  • Security and insurance: How has the exchange or brokerage committed to keeping your details and digital assets? Has it ever been hacked and what was its response? Has it put security safeguards like insuring your deposits in case of inbuilt wallets? Vet a prospective exchange against these security questions.

There are numerous easy for buying XRP tokens and trading XRP derivatives like CFDs and Futures. How then do you find one that appeals to you? We help you get started and narrow your search by introducing you to what we consider the 6 best places to buy XRP in 2024.

Other Ways of Getting Ripple (XRP)

In addition to buying Ripple from exchanges, brokerages, P2P platforms, Ripple ATMs, and instant buy platforms, there are several other ways of getting XRP coins. Here are the three most common.

1. Gift or tip

You can acquire Ripple by receiving some as gifts from family, friends, and acquaintances. You can also acquire Ripple in the form of tips and donations as an appreciation of the service offered. Given Ripple’s low price and availability, content creators are making it commonplace to have tip jars that accept XRP coins on their online platforms.

2. Through Ripple faucets

Ripple faucets refer to online websites that reward users and contributors for completing simple tasks. The tasks can range from opening advertisement links, watching videos and adverts, or completing surveys and puzzles. For the longest time, these used to reward participants with fiat currency. But with the advent of crypto, multiple ripple faucets appreciate your service with XRP coins.

3. Accepting Ripple as payment for goods and services

When selling a product or offering a premium service, you may choose to have your clients provide payment in the form of XRP coins.

How Can You Use Ripple (XRP)?

You now understand all the most popular ways of acquiring Ripple cryptocurrencies. You also know how to purchase your first ripple coin from some of the most popular exchanges and brokerages. Now, let us look at the different ways in which you can put your XRP coins to use.

HODL as a speculative asset:

Crypto experts are confident that XRP coin prices will shoot tremendously if it wins against the SEC. You may choose to HODL your Ripple assets, waiting for it to win and prices to shoot. Note, that these prices might tank if it loses value.

Make international transfers:

Expatriates and migrant workers can also use XRP coins to transfer funds to family and friends in their home countries. Corporations and institutions can also use Ripple to transfer cash across borders and escape the bureaucracy. They can also escape the fees that come with cross-border cash transfers.

Trade the altcoin:

You can also choose to trade the acquired Ripple by day trading it on an exchange and taking advantage of its volatile price movements.

Pay for goods and services:

In addition to its adoption by banks and other financial industry players, thousands of merchant stores are processing XRP payments. Users can take advantage of Ripple’s speedy transaction processing, and cheap fees to pay for goods and services using XRP.

Just as content creators have incorporated tip jars that accept XRP, different charitable and non-governmental enterprises across the world now accept Ripple and other cryptocurrency donations.

What do Reddit & Quora Users Say About Buying and investing in Ripple (XRP)?


Ripple has always been such a hot topic on Reddit. Many discussions about Ripple and XRP centered around its unique design, and how it was different from other cryptocurrencies as Bitcoin, and the revolutionary features of the RippleNet protocol.

Buy Ripple (XRP) Reviews on Reddit

But as the cryptocurrency’s popularity grew, so did the number of its critics. They went after the Ripple company’s control over the supply of XRP coins and its lack of decentralization. They even questioned if XRP coins were indeed cryptocurrencies.

Buy Ripple (XRP) Reviews on Reddit

Discussion threads on the platform are mostly about news or the progress of the Ripple vs. SEC case. Many are also about predictions of its outcome, and how it might affect XXP coin prices in the future.


Discussions about Ripple on Quora aren’t any different from the debates on Reddit. The ongoing court battle between Ripple and the SEC seems to dominate most XRP topics. Most of the questions are about the court case. The rest of the debate at Quora is about Ripple’s future. A lot of people want to know what Ripple prices will be in the future.

Buy Ripple (XRP) Reviews Quora

They want to know if XRP coin prices will bounce back up. Others want to know if it is possible for Ripple to eventually overtake Bitcoin, both as the largest market cap, and the most preferred store of value for cross-border payments.

And the answers to most of these queries have been as positive as they are critical of Ripple and the XRP coins. Some responders have expressed a lot of optimism in Ripple winning the case and XRP prices bouncing up. Others aren’t as confident and continue to question Ripple’s centralized nature and claims of the XRP coin being a cryptocurrency.

Bottom Line

Buying Ripple has never been easier. There are now multiple platforms where you can buy XRP, or trade XRP coins and their derivatives. From exchanges to brokerages, P2P platforms, and even Ripple ATMs, XRP coins are all around us today.

Hereinabove, we have gone over the top six places where you can buy XRP easily. As we viewed their supported payment methods, trade minimums, and broke down the investment process for each into a step-by-step guide.

Go over them again, find the one that appeals to you the most, and decide on what you would like to do with your XRP coins.  Proceed to create an account there, deposit some funds, and start buying XRPs.

Frequently Asked Questions (FAQs)

That depends on your investment goals and appetite for risk. If you’re looking for a long-term investment, XRP could be a good choice; its price has grown steadily over the past year or so, and it seems to have good potential for future growth. However, if you’re hoping to make quick profits, you might want to steer clear of XRP.

Yes, you can still buy XRP. As of right now, XRP is still available on a number of exchanges. However, as with any other cryptocurrency, its availability may change at any time.

No, you cannot buy XRP with PayPal. However, there are a couple of platforms that liss PayPal as a payment method. Check them out and choose the one that best suits your needs.

Back to Top