After you have created your account, navigate to the trade section. Enter and confirm the amount of XRP, you would like to purchase and pay using your preferred method. Coinbase accepts debit cards, ACH deposits, wire transfers, Apple Pay and Google Pay, allowing you to buy cryptocurrency easily. After purchasing, you will see your tokens in the assets section of the application.

Centralized Crypto Exchanges

However, because of regulatory problems and a lengthy lawsuit with the Securities and Exchanges Commission (SEC), buying XRP hasn’t always been easy, especially in the US. Whether products shown are available to you is subject to individual provider sole approval and discretion in accordance with the eligibility criteria and T&Cs on the provider website. Once you’ve bought some XRP, think about your short and long-term goals.

It faces legal challenges, but its efficiency and prominence in the payment space have contributed to its success. Investors can acquire XRP through centralized exchanges, P2P platforms, DeFi platforms, crypto ATMs, or by using cryptocurrency wallets. Safety and security should always be prioritized when buying, storing, and trading XRP. Exchanges, especially centralized exchanges, will what is bitcoin and is it real money often also have high trading volumes and liquidity, making it easier for you to buy and sell cryptocurrencies.

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• With its extensive user base and longevity in the market, Coinbase has built a strong reputation for trustworthiness and reliability.
• With the second highest volume in XRP, liquidity is never a problem for this exchange and it also offers a wide coin selection with numerous trading pairings, low fees, and a robust interface.
• Before investing, investors should do their research and only invest in what they can afford to lose.
• XRP has hit the market like a storm with its potential to revolutionize global payment systems.
• Now, the company is betting that Hidden Road will bring the kind of volume and use-case firepower that XRPL’s been missing.
• When investing in XRP, you’ll be able to choose between a cryptocurrency exchange or a cryptocurrency broker.

Compare today’s price of Ripple ($1.99 USD) against its all-time high (ATH) price of $3.40 USD on January 07, 2018. The closer the bar is to 100%, the closer XRP is to reaching its ATH again. Be prepared to pay a markup on XRP’s market rate in exchange for the convenience.

And if you see, out of the top 5, Ripple, or the XRP, was the least talked about cryptocurrency for a very long time, because it is a cryptocurrency specifically designed for banks. Ripple is one of the world’s most established cryptocurrency-focused companies, with a number of real-world applications and significant mainstream adoption. XRP, Ripple’s native utility token, plays a crucial role across the Ripple Labs ecosystem and has long been a fan-favorite cryptocurrency. In December 2025, the RLUSD stablecoin, created by Ripple Labs, was approved by the New York Department of Financial Services (NYDFS). RLUSD was launched as a competitor to USDT and USDC, and will help to facilitate large-scale transactions between financial institutions.

Where to Buy Ripple (XRP)

However, the Ripple vs. SEC fiasco found some closure, with the U.S. judge pushing a courtroom ruling in favor of the former on July 13, 2023. Select “Sell” and choose the amount of XRP you would like to sell. Next, you’ll be prompted to enter the amount you’d like to purchase. While Bitcoin transactions can take minutes or more than an hour, the advantage of XRP is that its transactions are confirmed every three to five seconds. To get the best possible experience please use the latest version of Chrome, Firefox, Safari, or Microsoft Edge to view this website.

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• However, if you had a long-term outlook, migrating your assets to a software or hardware wallet would be ideal to provide increased security and control over your tokens.
• While this has helped make XRP the #4 crypto by market cap, Ripple is still a highly volatile asset capable of major price swings in a single day.
• XRP crypto is the native cryptocurrency of the XRP Ledger, an open-source blockchain designed for faster and cheaper payments.
• Securing your XRP storage goes beyond simply choosing the right storage option.
• If you want to buy XRP with a credit card, any centralized exchange should be able to facilitate this.
• Underpinning XRP is not one of the commonly used POW or POS protocols.

If you hold Ripple as an investment, you’ll be taxed on any capital gains you make when you sell it — which includes spending it on goods and/or services. In the US, tax obligations also apply to mining, professional Ripple trading and in a range of other scenarios, so make sure you’re fully aware of what you need to report to the IRS. FinCEN-registered exchanges contribute to a more secure financial system in the US and provide you with better consumer protections compared to exchanges based in other countries. Once you’ve set up your account, you’ll need to deposit funds to buy Ripple with. We’ve listed some popular ways to buy XRP and what you should know about each payment method. By implementing these best practices, you can significantly enhance the security of your XRP storage.

Store Your XRP

While Bitcoin is a P2P cash system, XRP is meant to settle payments between financial institutions as a bridge currency. XRP is one of the best known payments-focused cryptocurrency projects. Known for its expansive DeFi presence and support for micropayments, XRP Ledger aims to revolutionize even the TradFi sector.

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The platform provides a seamless and intuitive experience, allowing users to navigate the buying process with ease. Coinbase also offers a mobile app, enabling traders to conveniently manage their XRP investments on the go. XRP’s large market capitalization makes it widely accessible across many crypto exchanges. Investors can use a decentralized exchange (DEX) or a centralized exchange (CEX) to make purchases.

For XRP stored externally, you must deposit the asset into your preferred exchange. After that, you need to check the liquidity for specific XRP pairs and make the selling trade per your preference. Select your preferred method of payment, review your trade details, and swipe to confirm your order. Michael Adams is a former Cryptocurrency and Investing Expert Editor at Forbes Advisor. He’s researched, written about and practiced investing for nearly two decades.

Moving forward, a trial will decide whether Larson and Garlinghouse knowingly aided in the illegalities that the company did take part in. Kraken has continued to evolve its platform and commitment to the industry by being one of the first exchanges to offer buying opportunities on new tokens. Besides being visibly appealing, the Uphold trading platform allows you to place your trades with great ease.

The departure of Gensler, a key figure in Ripple’s legal battles, is seen by many as a possible turning point for the crypto and it’s growth potential. Following a bullish run off the back of news of a second Trump presidency and a change of personnel at the SEC, XRP has surpassed Solana to become the how to create your own cryptocurrency fourth largest crypto by market cap. If you want to buy XRP coin, the easiest way is to onboard a centralized exchange like Binance or Coinbase. An interesting caveat is that dedicated XRP wallets require you to hold at least 10 XRP to activate your wallet on the XRP Ledger.

If security and control over your assets are vital to you, using a wallet would be a ripple news ripple price and xrp latest 2020 great choice. The platform you personally choose should depend on your individual requirements and needs. For example, if you also want to explore crypto loans, YouHodler is the platform you need. Advanced traders can benefit from Coinbase Pro’s low fees and a huge range of trading instruments.

They will ask for your personal information for verification purposes. With the ability to locate crypto ATMs that support XRP withdrawals, you can seamlessly convert your XRP into cash when needed. Here’s a simple step-by-step guide to help you understand the process.

We’ll also discuss the factors to consider when choosing the right purchase method for your needs. XRP’s main function is as a payment token within the Ripple network. It facilitates transactions between different currencies, making it ideal for cross-border payments.