Coinbase has to follow Know Your Customer (KYC) regulations, so before you can trade, you’ll need to prove who you are. That said, XRP can be a roller coaster; recent drops of six-plus percent in a single day prove the point. He specializes in Web3 and FinTech topics and enjoys creating content in these areas. Here you can convert BTC, ETH or some other crypto to XRP at the best rate in a matter of minutes. You can buy BTC or ETH on another USA-allowed exchange (like Coinbase, Kraken, Uphold or Gemini) and then simply exchange it for XRP on Swapzone.io. Ripple the 10 easiest programming languages to learn Labs and XRP find themselves in a state of disarray, with regards to regulation.

In comparison, the Bitcoin blockchain can process only a handful of transactions per second. Plus, XRP transactions can be confirmed in three to five seconds, whereas Bitcoin transactions are confirmed in ten minutes. Faster processing times can help the currency scale faster and gain wider adoption. Coinbase will require you to have an account on the platform before purchasing any crypto from there. Enter your first name, your last name, and your email address, and choose a password. After doing how to buy marscoin so, you’ll need to accept the platform’s User Agreement and Privacy Policy.

Trending Tokens

Once you’ve bought some XRP, think about your short and long-term goals. This will help you decide whether to keep it on an exchange or move it to your own wallet. If you see colorful charts with a range of prices, you’re probably in the spot market. Be prepared to pay a markup on XRP’s market rate in exchange for the convenience.

How to Sell Ripple (XRP) on eToro in 2025

Firstly, XRP is one of the only cryptocurrencies with regulatory clarity, with Ripple Labs winning a lawsuit against the SEC, the result of which determined XRP not to be a security. This makes it an attractive option for institutional investors, who may be wary of investing in unregulated assets. We had also outlined a simple step-by-step process to acquire XRP from Uphold, one of the few exchanges that still allow its users to buy XRP.

By avoiding these mistakes, you’ll make smarter, safer decisions, ultimately setting yourself up for a more successful investment experience. While we cover a range of products, what is mobile application security our comparison may not include every product or provider in the market. Always confirm important product information with the relevant provider and read the relevant disclosure documents and terms and conditions before making a decision.

How to Choose a Platform to Buy XRP

If you buy XRP on an exchange and keep it there, the digital assets will be stored in an exchange wallet. Andy Rosen is a former NerdWallet writer who covered taxes, cryptocurrency investing and alternative assets. He has more than 15 years of experience as a reporter and editor covering business, government, law enforcement and the intersection between money and ideas.

RIPPLE (XRP)

An interesting caveat is that dedicated XRP wallets require you to hold at least 10 XRP to activate your wallet on the XRP Ledger. You’ll want to check the type of currency that you’ll need to use to purchase XRP. While some countries have banned cryptocurrency, there is a long list of countries that allow their residents to buy XRP. Taryn Phaneuf is a lead writer & content strategist covering wealth management, financial planning and other investing topics at NerdWallet.

The SEC alleges that XRP is an unregistered security, and Ripple Labs violated securities laws by selling XRP to investors without registering it as such. The outcome of the lawsuit will have a significant impact on the future of XRP and the Ripple network. The decision about whether or not to buy a particular cryptocurrency is very much a personal one. Ripple has ambitious plans to disrupt the traditional remittance industry, and if it works, there is potential that XRP’s price will increase as a result.

The trading view is completely customizable with the assets that you trade the most and is very easy to navigate while providing a modern feel on both desktop and mobile. It is a very popular and suitable choice, particularly for new traders. To buy XRP directly, you can head over to any compatible exchange like Binance, take care of KYC verification, and initiate a buy trade with direct funds. This means you do not need to fund your spot wallet first, but you can pay for the XRP tokens directly using your preferred payment method. For stat purchases, decentralized exchanges like PancakeSwap, BiSwap, and BabySwap may be better choices. However, ensure you check the liquidity for your preferred trading pair before proceeding.

• The account creation process is quick and straightforward, taking no more than a few minutes.
• 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 fourth largest crypto by market cap.
• It is possible to quickly and easily send your XRP tokens to the eToro Money crypto wallet for safekeeping.
• If you are using the mobile app, just tap on the transaction icon in the middle of the bottom navigation, which should load the transaction wizard.

Individuals who are setting up new accounts must verify their identity, which has varying requirements depending on where that individual resides. According to Ripple’s website, the XRP ledger routinely handles upwards of 1,500 transactions per second (tps). Comparatively, larger and more popular cryptocurrencies like Bitcoin (7 tps) or Ethereum (30 tps) are much slower. NerdWallet, Inc. is an independent publisher and comparison service, not an investment advisor. Its articles, interactive tools and other content are provided to you for free, as self-help tools and for informational purposes only.

• The minimum purchase amount varies based on the method used to make the transaction.
• Following that, we will go over each of these in detail and provide you with a comprehensive list of all places where you can buy XRP.
• All participants on the XRP Ledger need a small amount of XRP, which can be sent directly from one XRPL address to another.
• However, Ripple’s initial implementation was conventional, whereby a centralized organization maintained a transaction ledger.
• Subsequently, in October 2024, the SEC dropped its remaining claims against Ripple’s executives, Garlinghouse and Larsen.

If the exchange is licensed and has implemented the correct security measures, this could be a good option, especially for beginner investors. Based on its model, XRP rapidly gained recognition among cryptocurrency users and financial institutions. The coin was developed as a native token XRP for the Ripple blockchain network and was made to rival conventional payment systems. Coinmama is a specific crypto exchange in the sense that it never got to add other features to its platform aside from simple crypto purchasing for fiat currencies.

In the case of BTC/USDT, bitcoins can be converted into Tether, a stablecoin whose value is pegged to the U.S. dollar. Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more. Alternatively, signing up for an account on Kraken requires an account holder to supply their email address and the country where they reside. Online wallets, also referred to as “hot wallets,” can also store your private keys, but these are susceptible to hacks because they are connected to the internet.