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 where to buy Ripple, and list the best brokers and exchanges for your investment. Also, learn how to buy Ripple with PayPal and credit cards.

Author: Alex Waick   -   Last updated: 03/07/2022
How To Buy Ripple (XRP) Header Image


What is Ripple? Just how do you invest in Ripple (XRP) cryptocurrency? What are some of the factors influencing XRP coin prices, and which is the best place to buy Ripple (XRP) in 2022?

Being one of the largest cryptocurrencies – ranked 7th by CoinMarketCap with a live market capitalization of $39 Billion – XRP prices have remained rather low. At the time of writing, one Ripple coin is valued at around $0.85, a significant drop from its ATH (all-time-high) of $3.84 set in January 2018. But analysts are still confident it will rebound if it wins the SEC case.

Hereinbelow, we tell you where to buy xrp. We will introduce you to the best brokers to buy Ripple, and provide you with a simple step-by-step guide that you can use to buy your first XRP coin instantly on the best Ripple exchanges.

Top Six Platforms Where To Buy Ripple (XRP) in 2022

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

Capital At Risk

  • Min Deposit: 20 $£€
  • Number of Coins: 12+
  • Regulated by FCA & CySEC
  • Place Buy & Sell CFDs Orders
  • Low Minimum Deposit
MastercardNetellerPayPalSkrillUnionPayVisaWire Card

81.4% 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
Giro PayMastercardNetellerSkrillUnionPayVisaYandex
Visit Coinbase

Capital At Risk

  • Min Deposit: 1 $£€
  • Number of Coins: 1500+
  • High Number of Coins
  • Accepts Fiat Deposits
  • Trade on Spot and Futures
Card CashMastercardSkrillWire Card
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
Card CashGiro PayMastercardUnionPayVisa
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 Ripple (XRP) with or without leverage

Without leverage, you buy the actual coin, with leverage you trade CFDs and 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
Card CashBankGiro PayMastercardNetellerPayPalSkrillUnionPayVisaWire CardYandex
Step Three
Buy Cryptocurrency
Buy Now

Capital At Risk

What is XRP?

Ripple is a first-generation cryptocurrency and the native digital currency for the RippleNet decentralized blockchain technology. RippleNet is the open-sourced protocol that is specially designed to replace SWIFT technology in facilitating fast and inexpensive transfer of cash between banks and other financial institutions all over the world. Ripple Labs Inc. is, on the other hand, the name of the enterprise blockchain company behind the development and maintenance of the RippleNET payment protocol and the XRP digital currency.

On many occasions, the three i.e. the blockchain company, payment facilitation network, and digital currency have been interchangeably referred to as RIPPLE – which now explains the confusion and misunderstanding.

The concept of the Ripple financial service network was birthed by Jed McCaleb – the founder of Stellar blockchain and the now-defunct Mt. Gox exchange. However, it was actualized by Arthur Britto and David Schwartz who created the blockchain before roping in Ryan Fugger to help launch it in 2012. They soon integrated the XRP digital currency into the payment protocol, and by 2013, hundreds of banks and other financial services had expressed interest in using the Ripple blockchain technology.

Interestingly, and unlike such cryptocurrencies as Bitcoin and Litecoin, Ripple wasn’t intended to compete with or replace fiat currency. Rather, the coins were supposed to serve as fungible tokens that facilitate the smooth transfer of cash across the world within the RippleNET network.

How Does XRP Work?

Let us assume you hope to transfer money from a bank in the United States to another Bank in Singapore. You start by purchasing XRPs equivalent to the USD you wish to transfer. RippleNet transfers the purchased XRP coins and converts them into the Singaporean Dollar before they are deposited into the recipient bank. And all this is done in seconds at a negligible fee.

As fate would have it, however, today XRP coin has gained more popularity as a speculative investment product than as a medium of fiat currency transfer within the banking industry. Today, the RippleNET and XRP service have only been taken up by 55 countries across the world. And most banks that have shunned the platform have cited either government regulations or fears of the XRP price volatility and unpredictability.

XEP Vs SEC Legal Battle

The Ripple story cannot be complete without mentioning the SEC case. On 21st December 2020, the Securities and Exchange Commission (SEC) sued Ripple Labs Inc. and two of its management staff – CEO Brad Garlinghouse and Co-founder Chris Larsen – accusing them of selling unregistered securities in the U.S. The court documents allege that the accused sold more than 14.6 Billion XRP tokens worth more than $1.38 Billion and used the proceeds to enrich themselves and fund Ripple Labs operations.

Note that in the U.S, cryptocurrencies like Bitcoins are categorized among commodities and perceived to be stores of value. By suing carried Ripple, the SEC is asking the courts to declare XRP to be a security and not a commodity primarily because they are created and distributed by Ripple Labs in a centralized manner.

But this isn’t the first time Ripple is being taken to court. In May 2018, a class action suit was brought against the blockchain technology company when it was accused of issuing a “never-ending ICO” and leading a “scheme to raise hundreds of millions of dollars through the unregistered sales of its XRP tokens.”

Given the impact that the determination of the SEC case has on the future of the XRP coins, most exchanges in the US have either delisted the altcoin or suspended trades involving XRP pairs on their platforms.

How is Ripple (XRP) Different From Bitcoins?

Ripple and Bitcoins are both digital currencies, developed and secured through cryptography technology. But these two couldn’t be more different. Right from their purpose and distribution methods, consensus mechanism, to cost and speed, Bitcoins and Ripple represent the extreme opposites of what it means to be a cryptocurrency. Here is a brief overview of their five key challenges.

Purpose and use:

Bitcoin is a cryptocurrency created to solve the inherent limitations of fiat currencies and possibly replace them as the preferred medium of exchange. Ripple is, on the other hand, a cryptocurrency that is specially designed to power and serve as the native currency for products created by the Ripple Labs. It is intended to be exchanged for fiat currency with ease to facilitate the speedy transfer of both cash and other assets across the world.

Supply of XRP:

On paper, both cryptocurrencies have a hard maximum supply with Bitcoins capped at 21 million coins and XRP supply capped at 100 billion units. But Ripple’s centralization makes it susceptible to manipulation and Ripple Labs has on several occasions been accused of untamed minting of XRP coins. But Ripple has been quick to refute claims of manipulation by claiming that all XRP coins are held in secure vaults and their distribution guided by a smart contract.

Technology of XRP:

The Bitcoin network is powered by the Bitcoin blockchain – a highly decentralized public ledger that employs the proof-of-work consensus mechanism in confirming and validating Bitcoin transactions. Ripple, on the other hand, embraces the Ripple Consensus Mechanism – where transaction confirmation and validation are carried by a network of bank-owned servers, which are nominated to validator position by Ripple.

Issuance and control:

Bitcoin is distributed through ‘mining’ where computers and servers forming the decentralized Bitcoin network are rewarded with BTC coins for confirming and validating transactions. XRP coins, on the other hand, aren’t mined. Ripple Labs minted 100 Billion XRP coins before launch and releases them intermittently and for sale on the open market.

Note: This here is the epicenter of the conflict between SEC and Ripple Labs. It is the rigid ownership and control that Ripple Inc. has over XRP coins that have the SEC and other critics asking if the altcoins are indeed cryptocurrencies or securities.

Cost and speed: Ripple focuses on efficiency and this ensures that their transactions are confirmed within seconds while attracting incredibly low fees. Satoshi Nakamoto, on the other hand, made Bitcoin’s transaction processing speeds slower and fees higher – intentionally – to make the blockchain safer and free of possible censorship and centralization.

XRP Price Performance

According to the XRP price data on CoinMarketCap, XRP ended its first day of trading (5th August 2013) valued at $0.00576. Between the launch date and Mid-2017, XRP coins recorded negligible daily market activity, and rarely did its daily trading volumes go beyond $1 million. Its prices, therefore, stagnated within this level and it was not until May 2017 that it gathered enough momentum to help break above $0.1.

In the last half of 2017, a wild crypto market rally together with the adoption of the RippleNET protocol by several financial institutions helped incite XRP prices to reach $3.84 and grow its market cap above $138 Billion. For a moment, Ripple was one of the valuable cryptocurrencies, second only to Bitcoin.

However, as the crypto hype died down and cryptocurrency prices started correcting, experts started exposing Ripple’s dark underbelly. They started going after its centralized creation and distribution method and even accused it of manipulating XRP coin supply and price. In May 2018, an XRP investor – Ryan Coffey – filed the first class-action lawsuit against Ripple as the lead plaintiff and on behalf of all XRP investors.

With the class action suit and critics to boot, Ripple prices went on a free fall and by September 2018, XRP coins were trading for as low as $0.26.

XRP Price After 2018

For the next two and half years, XRP coins were bound in a cyclic loop of low prices with resistance and support levels of $0.5 and $0.13. It was not until November 2020 – when the crypto market started gathering momentum again – that XRP coins broke above $0.6. And even with the SEC case threatening to tear it apart, Ripple still managed to set this season’s best price of $1.96 in Mid-April before slipping and trading for cents.

Currently, XRP is trading around the $0.8 price level.

What Factors Influence Ripple (XRP) Prices?

  • Market Sentiment: Ripple is a speculative investment whose prices are largely dictated by the prevailing crypto market conditions as evidenced by the 2017 and 2021 market surges.
  • News: News about the Ripple network or the crypto industry has also had an equally significant influence on XRP prices. When the news is positive, such as reports of Ripple’s small wins against SEC – traders get excited and XRP prices rise, and vice versa.
  • Adoption and use cases: Reports about Ripple Network’s adoption by different banks or the expansion of use cases on its platform will also excite the markets and force a price surge.
  • SEC factor: Ripple has been sued several times before but the SEC suit is their biggest test yet. Crypto experts are even convinced the coin would have performed better in the just-disrupted crypto market rally if the SEC litigation wasn’t hanging over its shoulders. A win is expected to give its prices an upward thrust while a loss could tank it.

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 eToro 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 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 Ripple (XRP) Guide

You now are familiar with the different ways to invest XRP coins. But, before you can start investing, you need to know how to buy xrp on different exchanges. For this, we introduce you to the various ways of buying ripple using different payment methods. We’ll show you how to buy Ripple with credit card, how to buy Ripple with debit card, how to buy Ripple with Paypal, etc.

How to Buy Ripple (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 Ripple (XRP) with a Credit Card or a Debit Card

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 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 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 Ripple (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. Like 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 – Ripple?

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 eToro 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.

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 Can You 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 Ripples 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 XRP
  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.Buy XRP 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 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 2022.

1. eToro – Best for Social Trading

Available Coins: 20+
Margin Trading: YES
Minimum Deposit: $200
Visit eToro

Capital At Risk

eToro is a broker exchange started in 2007 and one of the most popular online trading platforms for both traditional investment products like FX or shares and digital currencies like XRP. It stands out because of its highly intuitive user interface, beginner friendliness, and integrating social and copy trading features. It is also one of the few exchanges that let clients buy Ripple coins and trade Ripple CFDs.

The account creation process on eToro is rather straightforward. Identity verification is mandatory in most countries but residents of select countries do have the option of buying Ripples anonymously (without ID verification).

It integrates a wide range of deposit and withdrawal options, including PayPal, eWallets (Skrill, Neteller, and Sofort), credit or debit cards, and bank transfer. There are no deposit fees and the deposit minimum is $200 ($50 for US clients) and $500 for bank deposits. The withdrawal minimum is $30 and each withdrawal attracts a $5 processing fee.

Other eToro features include the fact that it is highly regulated. It also provides users with a free demo account for practice trading and supports margin trading.

Pros and Cons of Buying Ripple (XRP) on eToro


  • eToro Ripple traders access to social and copy trading tools.
  • When buying Ripple CFDs on eToro, you will be able to open margin trades with limits starting from 2:1. Maximum leverage is dependent on your margin trading rules in your country of residence.
  • eToro will store your Ripple assets in an inbuilt cold wallet and also give you access to a free crypto wallet app.
  • eToro US users have their deposits of up to $250,000 insured by the FDIC.


  • eToro does not have a live support feature on their website and wallet app.
  • The broker charges high non-trading fees that include a $5 withdrawal fee and a 2% currency conversion fee.
  • eToro features limited crypto trading and research tools.

How to Buy Ripple (XRP) on eToro – Step by Step Guide

  1. Start by visiting the eToro official website and tapping on the “join now” icon on the top-right corner of the broker website.
  2. Complete the user profile and verify your identity.Register account at eToro to Buy XRP
  3. Log in to your approved trader account and click on “Trade Markets” then choose to trade Ripple under “Crypto.”Select Trading Markets to buy XRP
  4. Customize the Ripple trade by entering the amount of XRP coins you wish to buy and clicking on the “Open Trade” button. Amount of XRP to Buy
  5. Depending on your country of residence, eToro will present you with different deposit options with the most common methods; PayPal, credit or debit card, and bank transfer.Buy XRP With different payment methods
  6. If you choose the card, enter each debit or credit card details including your name, card number, expiry date, and CVV number.Buy XRP with Credit Card
  7. Then click on the “Open Trade” button to authorize the trade.

Note: The purchased Ripple will be stored in the inbuilt eToro wallet account. You are, however, free to move them to the eToro wallet app from whence you can transfer them to third-party wallets. Additionally, the name on your preferred payment method (card, bank, or eWallet) MUST be similar to the name used to create and verify the eToro account.

2. – Best for CFD Trading

Available Coins: 12+
Margin Trading: YES
Minimum Deposit: 20 $£€

81.4% of retail cfd accounts lose money is a world-leading CFD trading platform for conventional products like shares or commodities and cryptocurrencies like Ripple. It stands out because of its competitive trading fees and the one-click trading experience on an AI-powered trading platform. Currently, features three Ripple CFD pairs – XRP/USD, XRP/EUR, and XRP/BTC.

The account creation process on is quick and straightforward. Identity verification is mandatory for all, but the XRP CFD trading services aren’t available for US residents or retail traders in the UK. Traders in the rest of the 180 countries supported by can nevertheless buy Ripple CFDs on the platform by depositing cash using such supported methods as credit cards and debit cards, eWallets (Skrill, Neteller, Apple Pay) Bank Transfer, or Trustly.

The minimum deposit is $20 ($250 for bank transfers) and transfers in and out of the account are free. You only have to pay the processing fee charged by your bank or payment processor, as well as the competitive spreads charged on XRP trades. is a registered and highly regulated brokerage. Plus all traders get access to a free practice trading account.

Pros and Cons of Buying Ripple (XRP) on


  • maintains highly competitive and transparent crypto CFD trading fees.
  • maintains a highly advanced and AI-powered trading platform that is characterized by ultra-fast transaction processing speeds.
  • The crypto broker maintains a highly responsive customer support team.


  • You cannot buy Ripple CFDs in the US and UK through as neither country supports crypto CFD trading.
  • Beginner traders might find the AI-powered platform too complicated and somewhat overwhelming.
  • Professional traders may also find the leverage limits of 2:1 offered by unattractive.

How to Buy Ripple (XRP) on – Step by Step Guide

  1. Visit the official website and tap on the “Trade Now” button. Proceed to create a user account and verify your homepage screenshot
  2. Log in to your verified account and on your user dashboard, click on the “Deposit” tab on the bottom left corner of the screen to fund your account.Deposit Funds in to Buy XRP
  3. Depending on your country of residence, will present you with different types of payment methods (typically cards, bank, or eWallets). Choose one and follow the prompts to initiate the deposit and remember that the name on the preferred deposit method must match the trader account name.Fund account with credit card to Buy XRP
  4. On your user dashboard, use the search button to search for the supported Ripple CFD pairs.Buy XRP at
  5. Decide if you want to go long or short the trade. Use the trade menu to the right of the trading screen to customize the trade by entering the trade amounts, maximum leverage needed, stop loss, and take profit levels.Customize trading to Buy XRP
  6. Review the trade details, especially the spreads and overnight trading fees, before confirming its execution.

Note: The name of the preferred deposit method MUST be similar to the name of the trading account.

3. Coinbase – Best for Beginners

Available Coins: 50+
Margin Trading: No
Minimum Deposit: 1 $£€
Visit Coinbase

Capital At Risk

Coinbase is a pioneer cryptocurrency exchange platform launched in 2012. Over time, it has morphed into one of the largest and most reputable crypto exchanges in the world. It has also become the first crypto exchange in the world to go public. It is available in 100+ countries across the world and you can only buy actual XRP coins on the platform. Beginner traders use the Coinbase main exchange while professional and institutional traders can buy Ripple on Coinbase PRO.

The account creation process is quick and straightforward. Identity verification is mandatory and you cannot buy Ripple anonymously (without ID verification) on Coinbase. On both main exchange and Coinbase PRO, you can buy Ripple worth PayPal, eWallets (Skrill and Neteller), credit card or debit card, Bank ACH for US clients, SEPA and Faster Payments for UK clients, Ideal and Sofort for European clients, and Bank wire transfers for the rest of the world.

The minimum deposit and trade amounts are $50 and $2 respectively. The exchange doesn’t maintain deposit fees but charges transaction fees based on your country of residence and trading volume – typically starting from 0.5%.

Pros and Cons of Buying Ripple (XRP) on Coinbase


  • Coinbase will store your Ripple coin trove in their cold storage and also provide you with a free non-custodial wallet app.
  • Coinbase features a highly intuitive user interface that makes it easy to use for beginners.
  • Only 2% of client crypto deposits into Coinbase are held in hot wallets and this amount is insured against hacks and other forms of breaching. Deposits by Coinbase US clients are also insured by the FDIC for up to $250,000.
  • Coinbase is one of the most liquid crypto exchanges in the world, capable of fulfilling large XRP orders fast.


  • Coinbase maintains one of the most complicated fee structures.
  • Unlike equally popular crypto exchanges, Coinbase doesn’t let users buy Ripple anonymously (without ID verification).
  • Coinbase has been accused of arbitrary closure of client accounts and freezing of their deposits.

How to Buy Ripple (XRP) on Coinbase – Step by Step Guide

  1. Visit the official Coinbase website and click on the “Open Account” tab to create and verify your trader account (mandatory).Coinbase homepage screenshot
  2. Once approved, click on the “Portfolio” tab on the user dashboard and choose “Deposit Funds.” Depending on your country of residence, you will be presented with different payment methods, including cards, bank, and eWallets. Choose one and follow the prompts to fund your trader account.Deposit Funds to Buy XRP at Coinbase
  3. On the top right corner of your Coinbase user dashboard, click on the “BUY/SELL” tab and select Ripple from the list of supported cryptocurrencies.Buy/Sell XRP
  4. Customize the trade by entering the amount of Cryptocurrency you would like to buy.Customize Ripple (XRP) Trade
  5. Click on the “Buy Ripple Instantly” to complete them instantly.

Note: The XRP coins will be stored in the inbuilt Coinbase exchange wallet but can be easily moved to the free Coinbase wallet app or transferred to third-party wallets or exchanges.

4. Binance – Best for Low Fees

Available Coins: 1500+
Margin Trading: YES
Minimum Deposit: 1 $£€
Visit Binance

Capital At Risk

Binance is the largest cryptocurrency exchange outside the U.S. It is available in 200+ countries and territories across the world. Here, you can buy XRP coins or such ripple derivatives as XRP futures contracts. You can only buy ripple with cash but Futures contracts can also be margin traded with leverages of up to 125X. And most recently, Binance launched a peer-to-peer crypto trading platform on their exchange.

Creating a user account on Binance is easy. Note, however, that Binance is a crypto-to-crypto exchange that only supports crypto deposits. To buy Ripple with eWallets, cards, and bank transfer on Binance, you either have to use the P2P platforms or through third-party exchanges like Moonpay, Simplex, and Shapeshift.

The minimum you can deposit into Binance is largely dependent on your preferred third-party exchange. But the amount typically starts from $150 with the minimum trade amount starting from $1. You can also deposit into Binance using cryptocurrencies and the exchange doesn’t charge any deposit or withdrawal fees. The integrated third-party exchanges will, nevertheless, charge you a reasonable transaction processing fee.

Binance will also provide you with a free inbuilt crypto wallet and allow you to buy Ripple anonymously (without ID verification). However, the maximum XRP you can buy anonymously on Binance per month is capped at the equivalent value of 2 BTC.

Pros and Cons of Buying Ripple (XRP) on Binance


  • Binance maintains an insurance fund to reimburse client deposits in case of a hack.
  • It also maintains incredibly low crypto transaction processing fees – as low as 0.02% per trade, plus a 25% discount if you settle this fee using BNB coins.
  • The exchange maintains a highly responsive customer support team.
  • A large number of registered users ensures that it remains highly liquid and can fulfill even the largest orders.


  • One may consider its user interface to be too complicated for a beginner crypto trader.
  • Binance does not offer client support via the phone.
  • Binance is not available in seven U.S States.

How to Buy Ripple (XRP) on Binance – Step by Step Guide

  1. Visit the official Binance website (Binanace.US if you reside in the US) and click on the “Register Now” button.Binance Webpage screenshot
  2. Complete the registration by providing the exchange with personal details and verifying your trader account (not necessary if you do not intend to trade more than 2BC per month).Create Account
  3. Log in to your Binance user dashboard. Click on the “Buy Crypto” tab and select “Third Party Exchange” if you wish to buy ripple with fiat cash on Binance.Select Amount to Buy XRP
  4. Choose Ripple as your preferred crypto and pick one of the supported payment methods. The list of third-party exchanges listed here (Moonpay, Paxos, Banxa, and Simplex) identifies the one with the best rates. You will be redirected to their website from whence you can create the purchase.Select Payment method or channel to Buy XRP
  5. Alternatively, deposit cryptocurrencies into the Binance account. On the user dashboard, search for Ripple to find the supported XRP pairs on the platform. Choose one and use the menu to the right of the screen to customize the market or limit order.

Note: The XRP coins purchased via either method will be deposited into the inbuilt Binance exchange wallet from whence you can transfer them to other third-party wallets and exchanges.

5. CoinMama – Best for Fast Transactions

Available Coins: 9+
Margin Trading: No
Minimum Deposit: 50 $£€
Visit Coinmama

Capital At Risk

Coinmama is not your regular cryptocurrency exchange. It is an instant-buy platform where you can buy Ripple and eight other cryptocurrencies or sell Bitcoins. It started in Israel in 2013 but has currently expanded its presence in 188+ countries and territories across the world.

The account creation process on Coinmama is quite straightforward and identity verification is mandatory for all its platform users. Transaction processing is instant and you can buy Ripple on Coinmama with credit card or debit card, bank transfer, and eWallets like Apple Pay.

The minimum and maximum buying limits depend on your identity verification level while transaction fees are a 5.5% extra charge atop the processing fees charged by your payment processor.

Pros and Cons of Buying Ripple (XRP) on CoinMama


  • Coinmama is a beginner-friendly and highly intuitive crypto trading platform.
  • It has an instant buy feature whereby you will receive Ripple coins into your account immediately after the payment confirmation.
  • Coinmama maintains high buying limits for verified accounts.


  • You cannot sell Ripple on Coinmama.
  • Unlike all other exchanges listed here, Coinmama doesn’t provide wallet services to its clients.
  • One may consider the 5.5% fees charged by Coinmama to be quite exorbitant.

How to Buy Ripple (XRP) on Coinmama – Step by Step Guide

  1. Visit the official Coinmama website, choose to create a trader account, and pass email verification.Create account at Coinmama
  2. Verify your identity by furnishing the broker with a copy of your identification document and a clear selfie.
  3. Log in to your approved Coinama account and on the drop-down menu, select Ripple, and enter the amount of cash you wish to spend on the trade.Enter Amount to Buy XRP
  4. Enter the Ripple wallet where you would like your XRP coins delivered.Enter wallet address to Buy XRP
  5. Choose a payment method.Buy XRP with credit card
  6. Confirm that the transaction details, particularly the Ripple wallet address are captured correctly before hitting send.

6. Kraken – Best for Safe Ripple (XRP) Storage

Available Coins: 50+
Margin Trading: YES
Minimum Deposit: 1 $£€
Visit Kraken

Capital At Risk

Kraken is a U.S based cryptocurrency exchange started in 2011. It is best known for its commitment to the security of its client’s digital assets, fast transaction processing speeds, and crypto trading education. You can buy Ripple on Kraken or choose to trade XRP future contracts on its futures market with leverages of up to 50X.

Kraken’s account creation process is also straightforward and available to residents of 180+ countries and 48 US States. To buy Ripple on Kraken, you need to deposit cash into your verified trader account via bank transfer, PayPal, eWallets (Skrill, Neteller), credit or debit cards. These deposits are free and the minimum trade amount is $10.

You also have the option of buying Ripple on the Kraken instant buy platform or the Kraken PRO trading platform dedicated to professional and institutional traders. Trading fees on the Kraken instant buy platform are fixed at 1.5% above the variable fee charged by the payment service provider. On Kraken PRO, both buying ripple and ripple futures contracts attract maker-taker fees based on your 30-day trading volumes, and it ranges from 0.0% to 0.26%.

Pros and cons of buying Ripple (XRP) on Kraken


  • Safe to use as it integrates multiple security measures to keep digital assets secure.
  • Maintains highly competitive trading fees.
  • Kraken appeals to both beginners and institutional crypto traders with its instant buy and PRO trading platforms.
  • Kraken was among the first crypto exchanges to publish the proof of reserve audit.


  • It has been accused of providing sluggish customer support.
  • There have also been several complaints about Kraken’s slow verification process.

How to Buy Ripple (XRP) on Kraken – Step by Step Guide

  1. Visit the official Kraken website and create your ripple trading account.Buy Ripple (XRP) at Kraken
  2. Choose an account verification level and submit relevant documents. The Stater level has a $150,000 withdrawal limit and requires phone number verification. The intermediate level has a $15 million monthly withdrawal limit and requires ID and Selfie verification. To unlock the PRO level that allows up to a $100 million monthly withdrawal limit, you will need to submit your financial statements and pass AML tests.Select Account type at Kraken to Buy XRP
  3. Deposit funds into your verified Kraken account.Deposit Funds to Buy XRP at Kraken
  4. Access your Kraken user dashboard and decide if you want to place a market or limit order for Ripple Coins.Place market or order to buy Ripple (XRP)
  5. The XRP coins you purchased here will be delivered to the Kraken inbuilt exchange wallet. You can then transfer them to a third-party crypto wallet or exchange.

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 & 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.

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.

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.

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 and 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 Ripple (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 Ripple (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)

The best way to buy RIpple XRP is through a crypto  exchange. There are a few different exchanges that you can use to buy Ripple XRP, but the most popular are the ones listed above. Be sure to conduct your due diligence before you commit.

Yes, you can still buy XRP. As of right now, XRP is still available on a number of exchanges. You can buy it on the above listed platforms, for example. However, as with any other cryptocurrency, its availability may change at any time.

You can Buy XRP in the USA from eToro, Binance, Kraken and other broker and exchanges – in our reviews section we list the supported countries that each broker or exchange has. Check out our detailed brokers reviews and exchanges reviews for detailed information.

The best way to buy XRP is to find a reputable exchange that offers a good price and low fees. Once you have found an exchange, you will need to create an account and deposit funds into your account. Once your funds are deposited, you can then use those funds to purchase XRP on the open market.

The price of XRP has fluctuated quite a bit over the past year or so, and it’s tough to say where it will be later this year. It could continue to rise, or it could just as easily crash. So, tread cautiously. Again, Ripple, the company behind XRP, has been making major strides in partnering with financial institutions and developing real-world use cases for its technology. This increased adoption could lead to higher prices.

It’s hard to say how much XRP the average person. Ripple is a company that owns about 60% of the total supply of XRP, so most people likely don’t own any XRP. There are a lot of people who have heard of cryptocurrencies but don’t actually own any. Of those who do own cryptocurrency, the vast majority likely have other major coins. So it’s probably safe to say that the average person doesn’t own any XRP.

There’s been a lot of speculation about the future of XRP, but as far as we can tell, it looks pretty bright! Some people think that XRP is a bit too centralized, but others believe that its unique features make it a strong contender in the crypto world. We’re excited to see where it goes!

XRP has the potential to become the world’s largest cryptocurrency by market capitalization. However, there are several factors that could limit its growth. For example, XRP is not currently available on most exchanges. Additionally, its use as a payments pipeline is still relatively limited. Nevertheless, some experts predict that XRP could one day surpass Bitcoin in terms of market cap and become the most valuable cryptocurrency in the world. Only time will tell whether XRP reaches its full potential.

You cannot buy XRP directly with PayPal. However, there are a couple of platforms that liss PayPal as a payment method. Some of them are listed above. Check them out and choose the one that best suits your needs.

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.

Back to Top