Ripple recently had a huge run and has been featured on CNBC.
This guide will explain the many different ways and best exchanges you can use to buy Ripple (XRP). Make sure you have a good Ripple wallet to secure your XRP after you buy.
Unfortunately there is no easy and direct way to buy Ripple with a credit card in the USA.
No matter where you live, you will first have to buy bitcoins or Ethereum with your credit card which can then be converted to Ripple.
Once you have the bitcoins or ETH you can use Binance to convert your bitcoins to Ripple in about 10 minutes. Binance may be the best exchange for Ripple since it has very good volume.
Coinbase is available in the United States, Canada, Europe, UK, Singapore, and Australia.
You can read our Coinbase review.
BitPanda is based in Austria and is a crypto brokerage service. You can buy Ripple directly using a credit card from most European countries.
You can read our BitPanda review.
CoinMama allows you to buy bitcoins or ethereum with credit card from nearly any country.
Once you get the bitcoins or ETH you can convert them to XRP using Binance.
You can read our CoinMama review.
Again, if you live in the USA then you must first buy bitcoins or ether with your bank account using Coinbase or a similar service.
Once you get the bitcoins or ETH from Coinbase you can use Binance to convert the coins into XRP.
If you live in Europe you can use BitPanda. If you live in any other country then you can use our home page to find a Bitcoin exchange in your country that accepts bank transfer. Then once you buy bitcoins you can convert them to Ripple within 10 minutes.
Before we move onto other options:
Never store your XRP on an exchange!
Always withdrawal your XRP to an offline wallet like the Ledger Nano S or any other wallet that you control.
There is no way to directly purchase Ripple with cash. Some ATMs support Ripple, but only less than 1% of all cryptocurrency ATMs.
You can use Binance to easily exchange bitcoins for Ripple.
Once you get the Ethereum or BTC you can use Binance to convert the coins into Ripple.
Ripple only recently gained popularity so in many cases it is still not supported by all exchanges. This will likely change soon as cryptocurrency goes mainstream and exchanges add support for more coins.
If you are able to buy cryptocurrency in your country, then you can buy Ripple. Most countries have easy access to cryptocurrency through purchasing on LocalBitcoins.
As we mentioned above, this is not possible. Coinbase only lets you buy 4 coins directly: Bitcoin, Litecoin, Bcash and Ethereum. We expect Coinbase to add support for Ripple soon, but for now it does not support XRP.
Ripple cannot be mined. The only way to get it is to purchase it from an exchange. Ripple has a different network structure than Bitcoin.
Buying bitcoins with bank account (or Ripple directly with bank account) and exchanging the BTC for Ripple is probably the cheapest way.
For speed, buying Ripple with credit card is best but the fees are higher.
You should store your Ripple in a secure wallet. Leaving Ripple on an exchange just puts you at risk of losing money if the exchange gets hacked. Your account could also get hacked, which is why it’s important to use 2FA.
Yes, you can. Changelly and Binance will allow you to convert your XRP to any other cryptocurrency. To get back regular currency you can exchange XRP for bitcoin and exchange the bitcoins on an exchange for dollars, euro, or any other currency.