Buy Ripple

Buy Ripple – The Complete Guide

Ripple is an increasingly popular cryptocurrency with investors. But how do you buy Ripple? Where do you buy Ripple? At Best Bitcoin Exchange, we’ve taken the time to filter and review all the platforms where Ripple is available and fed back with our results in this in-depth guide on how to buy Ripple online.

Reading this article, you have likely made the decision that you want to invest in Ripple, below are our recommended providers and information about how to buy.

eToro
Key Features
Accepts customers from the USA
Offers 15 crypto coins to buy&sell including BTC, LTC, ETC, NEO and more
Trade on the world's leading social trading and investing platform
Min Deposit
$50
United States
Start Trading View key features
Key Features
Accepts customers from the USA
Offers 15 crypto coins to buy&sell including BTC, LTC, ETC, NEO and more
Trade on the world's leading social trading and investing platform
Top Coins
  • ETH
  • NEO
  • ADA
  • BTC
  • XLM
Payment Methods
Wire Transfer, Bank Transfer
eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.
Cryptoassets are highly volatile unregulated investment products. No EU investor protection. eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro. Your capital is at risk.
LonghornFX
Key Features
The broker offers access to a trusted MetaTrader trading system
Pricing is ensured to be completely transparent, also providing accuracy and speed.
Trade a Wide Variety of Assets with Leverage up to 1:500
Min Deposit
-
United States
Start Trading View key features
Key Features
The broker offers access to a trusted MetaTrader trading system
Pricing is ensured to be completely transparent, also providing accuracy and speed.
Trade a Wide Variety of Assets with Leverage up to 1:500
Top Coins
  • BTC
  • BCH
  • ETC
  • ETH
  • NEO
Payment Methods
Credit Card, Debit Card, Visa, Bitcoin
LonghornFX is a true ECN STP broker dedicated to delivering a superior trading experience to traders no matter their level of experience. Their services are based on transparency, innovation and efficiency, ensuring an unparalleled trading experience for all.
CEX.IO
Key Features
Margin Trading
Legal compliance
Cryptocurrency staking
Min Deposit
$20
United States
Start Trading View key features
Key Features
Margin Trading
Legal compliance
Cryptocurrency staking
Top Coins
  • BTC
  • ETH
  • USDT
  • DOGE
  • BCH
Payment Methods
Credit Card, Debit Card, Wire Transfer, Cryptocurrencies, Skrill
Cex.io offers exchange of fiat currency for Bitcoin Ethereum, Tether, and 23 other cryptocurrencies, as well as Bitcoin/Ethereum trading against the USD.
FOREX.com
Key Features
Trade on popular Crypto markets
Go long or short on cryptos from 10p a point
A trading partner you can trust
Min Deposit
$50
United States
Start Trading View key features
Key Features
Trade on popular Crypto markets
Go long or short on cryptos from 10p a point
A trading partner you can trust
Top Coins
Payment Methods
Debit Card, Bank Wire, ACH, Credit Card, PayPal
Founded in 1999, part of GAIN Capital Holdings. Licensed in highly regulated juristictions, FCA, IIROC, NFA, CFTC, CIMA,FSA. Payment methods ACH, debit card, bank wire transfer. $50 minimum deposit.
Forex trading involves significant risk of loss and is not suitable for all investors.
Bittrex
Key Features
One of the largest cryptocurrency exchanges
High volume across all pairs
Perfect for large and small buyers/sellers
Min Deposit
$1
United States
Start Trading View key features
Key Features
One of the largest cryptocurrency exchanges
High volume across all pairs
Perfect for large and small buyers/sellers
Top Coins
  • BTC
  • ARK
  • BNT
  • FUN
  • GNT
Payment Methods
Credit Card
Bittrex Global has one of the most secure trading platforms and digital holding infrastructures in the world where customers can access exciting new products.
Binance
Key Features
Huge range of cryptocurrencies
Highly liquid
2 Factor Authentication
Min Deposit
$1
United States
Start Trading View key features
Key Features
Huge range of cryptocurrencies
Highly liquid
2 Factor Authentication
Top Coins
  • BTC
  • BCH
  • XLM
  • DOGE
  • ADA
Payment Methods
Cryptocurrencies
Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.
Coinmama
Key Features
Safe & Secure cryptocurrency exchange
Easy Intuitive interface
Impressive limits
Liquidity Accepted in over 200 countries
Min Deposit
$50
United States
Start Trading View key features
Key Features
Safe & Secure cryptocurrency exchange
Easy Intuitive interface
Impressive limits
Liquidity Accepted in over 200 countries
Top Coins
  • BTC
  • DOGE
  • ADA
  • LIBRA
  • BNB
Payment Methods
Credit Card
Coinmama is a bitcoin broker based in Israel. They specialize in selling bitcoins for credit card to nearly anyone in the world.
Coinbase
Key Features
Trusted provider
Online Wallet
Beginner friendly
Min Deposit
$1
United States
Start Trading View key features
Key Features
Trusted provider
Online Wallet
Beginner friendly
Top Coins
  • BTC
  • LTC
  • XRP
  • ETH
  • BCH
Payment Methods
Credit Card, Debit Card, Euro Bank Account, 3d Secure Credit Card
Coinbase is one of the first places that made it easy to buy bitcoin and has since become a widely trusted exchange in the market.
AEX
Key Features
Min Deposit
$10
United States
Start Trading View key features
Key Features
Top Coins
Payment Methods
Debit Card, Cryptocurrencies, Wire Transfer
AEX is a global and professional Digital Asset Exchange Platform. Including information, exchange and financial services. It also provides Digital Asset Exchange and Blockchain technology services. It is operated by Bit World Investments Limited.
Bitpanda
Key Features
Fully automated platform with instant transactions
A wide variety of payment options
Good for beginners
Min Deposit
$1
United States
Start Trading View key features
Key Features
Fully automated platform with instant transactions
A wide variety of payment options
Good for beginners
Top Coins
Payment Methods
Visa, Mastercard, Neteller, Skrill, Sofort, Giropay, EPS, Credit Card
BitPanda is a Bitcoin broker based in Austria. It offers a wide range of payment methods and has good prices.
Coinfloor
Key Features
London Based Cryptocurrency Exchange
Most Liquid GBP Exchange
Dedicated Account Manager
Min Deposit
$1
United States
Start Trading View key features
Key Features
London Based Cryptocurrency Exchange
Most Liquid GBP Exchange
Dedicated Account Manager
Top Coins
Payment Methods
The UK’s longest established Bitcoin and Cryptocurrency Exchange.
Xcoins
Key Features
Min Deposit
-
United States
Start Trading View key features
Key Features
Top Coins
Payment Methods
PayPal, Bank Transfer
Coinbull
Key Features
Multiple Cryptocurrencies Available
Deposit in BTC
Easy to use Platform
Min Deposit
$275
United States
Start Trading View key features
Key Features
Multiple Cryptocurrencies Available
Deposit in BTC
Easy to use Platform
Top Coins
Payment Methods
Debit Card, Credit Card, Wire Transfer
Coinbull is a leading cryptocurrency trading platform, offering over 20 cryptocurrencies it has become a hugely popular provider for traders of all experiences
FoxBit
Key Features
Min Deposit
-
United States
Start Trading View key features
Key Features
Top Coins
Payment Methods
Blockchain
Key Features
Min Deposit
-
United States
Start Trading View key features
Key Features
Top Coins
Payment Methods
Bit-Z
Key Features
Min Deposit
-
United States
Start Trading View key features
Key Features
Top Coins
Payment Methods
Changelly
Key Features
Safe & Secure cryptocurrency exchange
Easy and intuitive interface
Impressive limits and liquidity
Accepted in every country
Min Deposit
-
United States
Start Trading View key features
Key Features
Safe & Secure cryptocurrency exchange
Easy and intuitive interface
Impressive limits and liquidity
Accepted in every country
Top Coins
Payment Methods
Credit Card, Debit Card
Changelly is a Bitcoin and altcoin exchange. Users can shift between coins without depositing coins to the exchange.
Cobinhood
Key Features
Min Deposit
-
United States
Start Trading View key features
Key Features
Top Coins
Payment Methods
Yobit
Key Features
Multiple Wallets
High Quality Trading Platform
Most funds are kept in cold crypto wallets
Min Deposit
-
United States
Start Trading View key features
Key Features
Multiple Wallets
High Quality Trading Platform
Most funds are kept in cold crypto wallets
Top Coins
  • BTC
  • LCC
  • ABY
  • CPS
  • CNX
Payment Methods
Credit Card, Debit Card, Cryptocurrencies, Perfect Money, Payeer
YoBit is one of the oldest cryptocurrency exchange on the market. YoBit has been working since 2014 and never been hacked. The exchange offers for traders more than 432 coins and 4064 pairs for trading. Usual daily trading volume i more than $50 million. YoBit supports both cryptocurrencies and fiat money for deposits and withdrawal. The exchange respects user's privacy and do not oblige to pass KYC.
Bitstamp
Key Features
No Hidden Fees
Instant Trading
Secure & Transparent
Min Deposit
-
United States
Start Trading View key features
Key Features
No Hidden Fees
Instant Trading
Secure & Transparent
Top Coins
  • XRP
  • BTC
Payment Methods
Bitso
Key Features
The Mexican bitcoin exchange
Instantaneous deposit & withdrawals
Easy to use platform
Min Deposit
-
United States
Start Trading View key features
Key Features
The Mexican bitcoin exchange
Instantaneous deposit & withdrawals
Easy to use platform
Top Coins
Payment Methods
Bitso is a Mexican Bitcoin exchange that operates a BTC/MXN market with support for instant deposits and withdrawals through Mexico's SPEI banking system.
Coincheck
Key Features
Leading cryptocurrency exchange in Asia
No. 1 Bitcoin volume in Japan
Min Deposit
-
United States
Start Trading View key features
Key Features
Leading cryptocurrency exchange in Asia
No. 1 Bitcoin volume in Japan
Top Coins
Payment Methods
Credit Card
The Coincheck exchange is a popular bitcoin wallet and trading platform that allows peer-to-peer trading.
BigONE
Key Features
Min Deposit
-
United States
Start Trading View key features
Key Features
Top Coins
Payment Methods
Bithumb
Key Features
Brand Reputation & Fund Custody, securing your assets
Real-time streaming quotes
Professional market charts and detailed trading records on app
Min Deposit
-
United States
Start Trading View key features
Key Features
Brand Reputation & Fund Custody, securing your assets
Real-time streaming quotes
Professional market charts and detailed trading records on app
Top Coins
  • AION
  • BTD
  • BSV
  • BTXC
  • FCTK
Payment Methods
Bithumb is a centralized cryptocurrency exchange located in South Korea. It offers 114 coins to trade with millions of TPS & Distributed Architecture, bringing you excellent transaction experience.
Binomo
Key Features
Unique trading platform
Most reasonable trading conditions
Demo account
Fast payouts
Free educational materials
Min Deposit
$10
United States
Start Trading View key features
Key Features
Unique trading platform
Most reasonable trading conditions
Demo account
Fast payouts
Free educational materials
Top Coins
Payment Methods
Visa, Mastercard, Wire Transfer, Skrill, Neteller
Mercatox
Key Features
Profitable and safe investment solutions
Exchange of any virtual currency
Convenient service and instant transfers
Min Deposit
-
United States
Start Trading View key features
Key Features
Profitable and safe investment solutions
Exchange of any virtual currency
Convenient service and instant transfers
Top Coins
  • ERC20
  • MDS
  • VERI
Payment Methods
It is a Trading Platform for the user that want to trade cryptocurrency by using Bitcoin, Ethereum and Litecoin. They also provide the Deposit and Withdrawal service for the users who want to transfer their funds either in to or out from Mercatox’s user balance for their trading activity needs.
Crypto Rocket
Key Features
Crypto and Forex Trading
Same Day Withdrawals
24/7 Professional Support Team
Min Deposit
$10
United States
Start Trading View key features
Key Features
Crypto and Forex Trading
Same Day Withdrawals
24/7 Professional Support Team
Top Coins
  • ETH
  • XRP
  • LTC
  • BTC
  • DASH
Payment Methods
Credit Card, Debit Card, Bitcoin
Trade with a trusted market leader with an established track record of economic strength and stability. CryptoRocket is a proven online trading provider, offering trading with a wide variety of cryptocurrencies such as Bitcoin, Litecoin, Ethereum, and more.
BKEX
Key Features
Global new first-tier exchange
Supervision and audit from third-party institutions
Operating through multiple platform terminals
Min Deposit
-
United States
Start Trading View key features
Key Features
Global new first-tier exchange
Supervision and audit from third-party institutions
Operating through multiple platform terminals
Top Coins
  • OMNI
  • VET
Payment Methods
BKEX is a centralized cryptocurrency exchange located in British Virgin Islands. There are 254 coins and 415 trading pairs on the exchange.
CoinEgg
Key Features
Convenient & Smooth Experience
Global Users’ C-C Trading Site
Abundant Digital Currencies
Min Deposit
-
United States
Start Trading View key features
Key Features
Convenient & Smooth Experience
Global Users’ C-C Trading Site
Abundant Digital Currencies
Top Coins
  • AUR
  • BLK
  • BTC
  • ETH
  • TRX
Payment Methods
Bitcoin, Ethereum
CoinEgg is deeply rooted in the digital currency industry and has accumulated a large number of R&D talents in the digital currency industry to provide users with top-level security. CoinEgg serves global users and continues to introduce digital currency in various countries to provide users with global trading services.
Huobi
Key Features
Trade with up to 5X leverage for spot trading
Buy cryptocurrency with your credit card via our partner
Client funds held in dedicated multi-signature cold wallets
Min Deposit
$1
United States
Start Trading View key features
Key Features
Trade with up to 5X leverage for spot trading
Buy cryptocurrency with your credit card via our partner
Client funds held in dedicated multi-signature cold wallets
Top Coins
  • ARDR
  • BTM
  • DGD
  • ELA
  • THETA
Payment Methods
Bitcoin
Start Your Cryptocurrency Journey Today. Huobi Global has a variety of features that make it an ideal place to buy and sell digital asset.
OKEX
Key Features
Provides hundreds of token & futures trading pairs
One of the top digital asset exchanges by trading volume
Serving millions of users in over 100 countries
Min Deposit
$100
United States
Start Trading View key features
Key Features
Provides hundreds of token & futures trading pairs
One of the top digital asset exchanges by trading volume
Serving millions of users in over 100 countries
Top Coins
  • BSV
  • BTM
  • BTXC
  • GAS
  • MITH
Payment Methods
Bitcoin, Ethereum, Litecoin
OKEx is a world-leading cryptocurrency exchange, providing advanced financial services to traders globally by using blockchain technology.
101investing
Key Features
Highest level of data protection
Bitcoin investment and 50+ most popular cryptocurrencies
Min Deposit
$250
United States
Start Trading View key features
Key Features
Highest level of data protection
Bitcoin investment and 50+ most popular cryptocurrencies
Top Coins
  • BTC
Payment Methods
Bank Wire, Credit Card, Skrill, Neteller
101investing opportunities on a global market. Explore the market back and forth as 101Investing stays by your side either way. Supporting any trading way you choose, we empower you with the 90+ tools to explore your best opportunities. User-friendly interface and customized profile are the most solid base for efficient and promising market performance on any chosen device.
BX.in.th
Key Features
Thai bitcoin exchange
Charting software available
Create market and limit orders
Min Deposit
-
United States
Start Trading View key features
Key Features
Thai bitcoin exchange
Charting software available
Create market and limit orders
Top Coins
Payment Methods
Cryptocurrencies
Website. BX.in.th. BX.in.th is a Thailand-based exchange by Bitcoin Co. Ltd., a company that has been providing services Bitcoin and other crypto-currency, such as Ethereum, Ripple and ICO tokens.
Bitbay
Key Features
Accepts Fiat Currency
Deposits Physical Card
A lot of deposit options
Min Deposit
-
United States
Start Trading View key features
Key Features
Accepts Fiat Currency
Deposits Physical Card
A lot of deposit options
Top Coins
Payment Methods
Wire Transfer, Cryptocurrencies, Express Polish Post Office 24/7, Express Zabka Market, Express Dotpay
GDAX / Coinbase Pro
Key Features
Min Deposit
-
United States
Start Trading View key features
Key Features
Top Coins
Payment Methods
Cryptocurrencies, Credit Card, Debit Card
Gemini
Key Features
Licensed Digital Asset Exchange
Multiple Order & Execution Types
Custody Services
Min Deposit
-
United States
Start Trading View key features
Key Features
Licensed Digital Asset Exchange
Multiple Order & Execution Types
Custody Services
Top Coins
Payment Methods
The Gemini mobile app is the safe, trusted way to build your crypto portfolio. Buying, storing, and selling crypto has never been easier.
HitBTC
Key Features
No registration needed
Full access to trading
Unlimited balance top ups
Min Deposit
-
United States
Start Trading View key features
Key Features
No registration needed
Full access to trading
Unlimited balance top ups
Top Coins
  • AE
  • KIN
  • PPC
  • BTX
  • DENT
Payment Methods
Wire Transfer, Credit Card
HitBTC is an intuitive and reliable exchange, allowing users to trade some of cryptocurrency’s most popular assets.
Indacoins
Key Features
Powerful analytic tools
Huge range of cryptocurrencies
Store all assets in one place
Min Deposit
-
United States
Start Trading View key features
Key Features
Powerful analytic tools
Huge range of cryptocurrencies
Store all assets in one place
Top Coins
Payment Methods
Kraken
Key Features
High Regarded Exchange
Fast Funding & Low Fees
Bitcoin Margin Trading
Min Deposit
-
United States
Start Trading View key features
Key Features
High Regarded Exchange
Fast Funding & Low Fees
Bitcoin Margin Trading
Top Coins
  • BTC
  • XRP
Payment Methods
Credit Card
As one of the largest and oldest Bitcoin exchanges in the world, Kraken is consistently named one of the best places to buy and sell crypto online, thanks to our excellent service, low fees, versatile funding options and rigorous security standards -- but this is only part of the story. We’ve been on the forefront of the blockchain revolution since 2011.
KuCoin
Key Features
Sign Up Bonuses
App Available
Supports Multiple Altcoins
Min Deposit
-
United States
Start Trading View key features
Key Features
Sign Up Bonuses
App Available
Supports Multiple Altcoins
Top Coins
  • AUR
  • BSV
  • ELA
  • ETN
  • GAS
Payment Methods
KuCoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies. Launched in September 2017, KuCoin has grown into one of the most popular crypto exchanges and already has over 5 million registered users from 200+ countries and regions. According to Alexa traffic ranking, KuCoin’s monthly unique visit ranks the top 5 globally.
Paxful
Key Features
Min Deposit
$50
United States
Start Trading View key features
Key Features
Top Coins
Payment Methods
PayPal, Cash, Credit Card, Debit Card, Wire Transfer
Poloniex
Key Features
Supports USDC
Cold Storage & 24/7 Monitoring
Advanced Trading Tools
Min Deposit
-
United States
Start Trading View key features
Key Features
Supports USDC
Cold Storage & 24/7 Monitoring
Advanced Trading Tools
Top Coins
  • BTS
  • FCT
  • GNT
  • LSK
  • NXT
Payment Methods
Founded in 2014, Poloniex is a global crypto-to-crypto exchange headquartered in Seychelles. As of Feb 2020, it has over 100 markets available for spot trading and offers features such as margin trading, lending, and staking. Poloniex allows users to trade on the web, Android, iOS, Websocket, and HTTP APIs
QuadrigaCX
Key Features
Min Deposit
-
United States
Start Trading View key features
Key Features
Top Coins
Payment Methods
Wex
Key Features
Min Deposit
$100
United States
Start Trading View key features
Key Features
Top Coins
Payment Methods
Zebpay
Key Features
Instant Verification
Trade on Mobile
Instant, Secure Global Transfers
Min Deposit
-
United States
Start Trading View key features
Key Features
Instant Verification
Trade on Mobile
Instant, Secure Global Transfers
Top Coins
Payment Methods
CoinAll
Key Features
Advanced security system, 24-hour global customer support
Smooth experience, sharing market depth and liquidity with OKEx
Premium Projects
Min Deposit
-
United States
Start Trading View key features
Key Features
Advanced security system, 24-hour global customer support
Smooth experience, sharing market depth and liquidity with OKEx
Premium Projects
Top Coins
Payment Methods
WeChat, AliPay, Debit Card
Shapeshift
Key Features
Min Deposit
-
United States
Start Trading View key features
Key Features
Top Coins
Payment Methods
Cryptocurrencies, Credit Card, Debit Card
Etoro Disclaimer
Key Features
Min Deposit
-
United States
Start Trading View key features
Key Features
Top Coins
Payment Methods

What is Ripple?

Released in 2012, Ripple is a centralised, commission-based platform built to ease the often arduous and time-consuming processes involved in global financial transactions. It has its own currency: ‘XRP’ and a built-in exchange to boot. When people ask about ‘buying Ripple’ they are usually referring to buying Ripple’s currency, the XRP.

How do I buy Ripple?

Firstly, if you are interested in Ripple and want to invest in it, you will need to buy Ripple XRP tokens. You can now buy Ripple either directly using your fiat currency, platforms like Kraken and Bitstamp offer Ripple and fiat transactions. The other way is indirectly and buying it with another cryptocurrency. There are exchanges that offer Ripple but do not allow you to buy using fiat, you therefore will need to buy bitcoin or ethereum on one exchange and transfer it over to the exchange where you want to buy Ripple, a bit of an arduous process.

There is also another way you can invest in Ripple, and that is by buying as a CFD or contract for difference. There are huge benefits to using CFD providers, a notable one being that lots of these providers are regulated and therefore there is a safety guarantee up to a certain amount in your account. With the FCA, if the provider becomes insolvent, up to £80,000 in your account is secure, which is pretty god.

Should I buy Ripple using a social trading platform?

etoro logo

Buying cryptocurrencies can sometimes be a lonely pursuit. The eToro platform provides the opposite of traders facing the financial market alone with its social trading platform, allowing investors to copy others with its Copy Trading feature, providing extra assurance to new investors who are buying Ripple or other cryptos for the first time.

As we’ve previously mentioned, eToro trades are made through CFDs. A CFD is a contract between the buyer and a broker to pay the difference in price at the start of a trade to when the buyer decides to end the contract. Buyers do not own the asset but if the price of Ripple goes up, so does your investment, the same if it goes down. You can also make money using CFDs if the price falls.

Below we have detailed instructions on how to buy Ripple today with eToro!

Note: Ahead of signing up to eToro, it is advisable to have your ID documents ready to provide to verify your identity. A passport, driver’s license and proof of address, like a bank statement or utility bill, are required.

76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Step by step guide on how to buy Ripple with eToro

 

 

 

 

 

 

How to buy Ripple through a cryptocurrency exchange?

The traditional route to buying cryptocurrencies is via an exchange. Below is a list of different exchanges and platforms where you can go to buy Ripple online, each with its own set of unique services.

 

Kraken

On Kraken exchange, you can buy Ripple with GBP, USD and other fiat currencies. There is a wide selection of crypto coins, but it is a platform for more advanced users. Deposits and withdrawals are accepted in the form of bank transfers and cryptocurrencies and trading fees are low at around 0.36 %. They do vary by currency pair too. kraken  

Bitstamp

Bitstamp exchange is a popular and established platform. It has high volumes, which means lower fees (around 0.25%). You can buy Ripple online with USD and EUR and BTC, and wire transfers, credit card and cryptocurrency deposits are possible on the exchange. A mobile app is also available to trade XRP on the move. The relatively low deposit and trading fees are what attracts most investors to Bitstamp. bitstamp  

KorBit

KorBit exchange is a Korean cryptocurrency exchange which offers fees packaged as maker or taker fees, beginning at around 0.08 % and 0.20 % for each. The higher the volume traded, the lower the fees. Bear in mind that the site only accepts Korean bank transfers and those wondering how to buy Ripple through KorBit should note it is offered against the KWR as a currency pair. korbit  

GateHub

GateHub is a UK-based exchange that specialises in XRP and it also has a Ripple wallet. Users of the site can buy Ripple with cash and a number of fiat currencies are supported on it, including USD and EUR. On top of this, you can buy Ripple with debit cards and credit cards. Fees are payable for each transaction and range from 0.2 % to 0.3 %. Payments on the platform are made through the Ripple network. gatehub  

Binance

Binance exchange – You can buy Ripple on Binance by firstly registering on Coinbase to buy a cryptocurrency like ETH or BTC, using fiat currency. Binance is a young but recognised platform based in Tokyo that has its own token, the BNB. Fees-wise, Binance charges 0.1 % for every trade which is comparatively low. If you buy Ripple online with BNB you will receive a 50 % discount on fees. binance logo  

Bittrex

On the Bittrex exchange, users buy Ripple XRP with Bitcoin. It is one of the biggest crypto-to-crypto exchanges and is based in the US. It has trading fees of 0.25 % and a good reputation for security and fast withdrawals compared to some others, although it does not have a mobile app for iOS and Android devices. bittrex Looking to buy Ripple online? You’ll need a cryptocurrency wallet If you're looking to buy Ripple tokens then it is imperative that you factor in safe storage once your transaction is complete. It is not considered a safe strategy to keep your Ripple on exchanges long-term. You will need a wallet to store your tokens, we would advise you to get a cold storage wallet that is kept offline and means it is immune to hackers (whilst it is offline). You can keep some in an exchanges wallet but you should make it a small amount of your total portfolio.

There are a few options when it comes to Ripple wallets, have a look below:

  • Ledger Nano S is one of the most popular choices of wallet on the market for those looking how to buy Ripple and other emerging cryptos. It is an offline hardware wallet that looks like a USB memory stick and features double seed verification. There is also the Ledger Wallet Ripple app which is free to download and works alongside your Ledger device.
  • Toast wallet is an open-source wallet, especially designed those who buy Ripple XRP. Its creators say it is usable for both experts and novices. You need to keep a reserve of 20 XRP in this wallet but it is a free application.
  • GateHub, as mentioned, is a wallet as well as an exchange. It has two-factor authentication (2FA) and again, there is a minimum reserve of 20 XRP which cannot be withdrawn. There are no limits for storing or withdrawing and instant payments are available when you buy Ripple online here.

Should I buy Ripple?

Before you invest in any cryptocurrency, it is important to understand the overall concept and potential, good and bad.

It’s easy to compare every new coin with Bitcoin, however, Ripple XRP is a different beast. XRP is not based on a decentralised network like Bitcoin and most other cryptocurrencies. On private blockchains, permission is needed from the owner if you want to write or audit any part of it. The owner can also delete commands, making it simply a ‘distributed ledger’ that uses cryptography as security.

Banks using Ripple

Using Ripple’s centralised blockchain system, banks and financial institutions will be able to process payments for customers instantly and at low-cost all over the world. This method can reduce costs and help gain access to cross-border markets. The public blockchain may be cheaper and faster, but is it more secure?

Ripple Facts

Here are a few more facts to consider about the system before you buy Ripple online today:

  • Ripple has been around longer than Bitcoin, dating back to 2004.
  • Ripple has been adopted by some financial instructions and global banks already
  • It is considered more secure than other cryptocurrencies
  • The company has high liquidity

There continues to be lots of activity taking place with Ripple, including partnering with money transfer companies like Western Union. Meanwhile, crypto banks such as Uphold and London Block Exchange have added Ripple to their platforms. Furthermore, South Korean bank, Woori Bank has recently completed a remittance test with Ripple. For now, it seems Ripple has all the hallmarks of a positive future in the world of cryptocurrency.

To Summarise

Buying Ripple is not a difficult task if you are using the best approaches and are comfortable using exchanges. Before investing, we recommend that you are armed with all the background information you need in order to make sensible and informed crypto investments.

Now that you have all the facts, all you need to do is sign up with eToro, or one of the exchanges above to start buying Ripple!

Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence. This website is free for you to use but we may receive commission from the companies we feature on this site. Click here for more information.