How to Buy Ripple (XRP) Cryptocurrency

How to Buy Ripple (XRP) Cryptocurrency

There are ongoing disputes around Ripple’s XRP cryptocurrency. On December 23, 2020, the US Securities and Exchange Commission filed a lawsuit against Ripple, the CEO – Brad Garlinghouse, and co-founder – Chris Larsen. According to the department, the company has been selling unregistered securities in the form of tokens for seven years and has raised $1.3 billion.

In connection with these events, the token price succumbed to strong volatility and even lost its third place in the list of top cryptocurrencies by market cap. Now the value of the cryptocurrency is slowly recovering. Maybe it’s time to get some XRP coins? Let’s see how to do this.

What Is Ripple?

Ripple is a global cross-currency and payments system created in 2012 by Ripple Labs. The main advantage of the network is that it allows mutual transfers anywhere in the world in just a few seconds.

This makes Ripple a very attractive choice for banks relying on a real-time settlement system. At the end of 2017, it was announced that the American financial giant American Express and the Spanish-British group Santander were switching to the Ripple protocol for transatlantic transfers. Also, more than 75 payment systems and 90 banks around the world use this protocol, including UniCredit and Standart Chartered.

The network is supported by 14 servers around the world; that’s why Ripple has such fast transfers. In contrast, Bitcoin depends on miners that help to overcome the heavy load. That is why this system is so attractive for banks.

However, things are a little tense right now. In December 2020, the US Securities and Exchange Commission (SEC) filed a lawsuit against Ripple. The agency claims that the Californian blockchain company has been selling unregistered securities in the form of XRP tokens to retail investors for seven years.

Now, several cryptocurrency trading platforms, including Coinbase and OKCoin, suspended transactions and deposits with XRP. The community continues to monitor the legal proceedings related to XRP and promises to get the asset back immediately after the case is resolved. 

Where to Buy Ripple

Ripple Wallets

Some XRP storages have a built-in purchase or exchange function. You can choose between desktop wallets, online wallets, mobile wallets, or hardware cryptocurrency wallets. All of these will serve as the location to which the XRP you purchase will be sent to. By the way, we’ve made a list of the best XRP wallets.

Mobile Wallets

If you have a Binance account, you can download their mobile wallet from the iOS/Android store.  This is not the only way to store your XRP.

  • Exarpy is a web-browser wallet that takes 0.025 XRP per transaction.
  • CoinPayments is a web-browser wallet that takes a 0.5% fiat fee.


Hardware wallets like Ledger Nano S support XRP. The advantage of hardware wallets is that you have control over the access to your private keys as it is not hosted online. Check out the best hardware wallets available on the market

Desktop Wallets

There are several wallets available for desktop, for instance:

Ripple Exchanges

When choosing a site, you should pay attention to the following indicators:

  1. Reputation. Choose projects that have been running for several years without complaints. So you will be sure that you won’t have to deal with fraud. Ensure that the website has already been debugged, so there would be no risk of software errors. 
  2. Security. Find out which means of protection for users’ finances have been provided.
  3. Payment methods. The wider the choice of supported payment systems for sale/purchase, the more opportunities for flexible management of your funds are present. 
  4. Commissions. Try to find the most convenient fees.

Last but not least, you should also look at the user interface and ease of management. If you plan to use the exchange for a long time and regularly, this aspect will even matter.

How to Buy Ripple

We have chosen a couple of ways to purchase XRP cryptocurrency without any issues. Moreover, we’ve mentioned the popular exchanges you may be interested in. However, many of them have restricted the XRP transaction due to the SEC’s announcement


It’s very easy to buy XRP cryptocurrency via Changelly. First of all, you can choose the best rate at the moment from our list: 

changelly providers list

After selecting the offer, click the ‘Buy now’ button and then enter your XRP wallet address. You can also add a destination tag that indicates the beneficiary or destination for payment on this page. 

changelly xrp wallet address

After filling these gaps, you will be redirected to MoonPay (we’ve chosen this one as the best offer on the market). On the processing page, you need to verify your email address and provide some personal information. The KYC process is a key to the legal management of money. This is how we protect you from illegal transactions and criminal activities.

The KYC procedure includes your first and last names, date of birth, billing address, document photo, and selfie. It’s crucial to choose the document and upload an image of an opened document. It is important that the picture is bright and clear and that all the corners of the document are visible.

kyc changelly

The next step – take a selfie. After your documents are confirmed, you need to visit the payment page. It takes several hours for the cryptocurrency to be credited to your cryptocurrency wallet.

Coinbase and Binance

On January 19th, 2021, cryptocurrency exchange Coinbase has closed XRP token trading to users in all regions it serves.

On January 13th, 2021, the Bitcoin exchange Binance excluded the Ripple token (XRP) from the listing. Trading and deposits are suspended.


On January 8, the oldest European crypto exchange Bitstamp closed the possibility of trading XRP tokens for American users.


You can swap XRP with other cryptocurrencies like BTC or ETH, simply by providing your name, date of birth, country, and phone number. If you’d like to use fiat currencies, like USD or EUR, you’ll need additional support documents verifying your identity. 

Deposit fiat (EUR or USD) via SWIFT, SEPA, and domestic wire transfers. After the transaction is completed, the cryptocurrency will appear in your account.



Before entering the Gatehub dashboard, users need to pass the KYC – fill in the mobile number, personal information, and photo of documents. The process of verification takes up to five business days. 

After you pass the verification process, go to the main page and click on the ‘Connect gateway’ button. The system will ask you to enter your password (not the recovery key). Then you can choose USD or EUR currency. By clicking the ‘Confirm’ button, you complete your gateway connection. 

Return to the main page and click on the ‘Deposit/receive’ button. You’ll be able to make an international bank transfer. The minimum deposit amount is $50. The transaction will be completed in five business days. 

When you get money on your GateHub account, you need to swap it to XRP on the ‘Exchange’ page. Unlock your wallet with the password and confirm your exchange procedure. Voila!


GDAX was an exchange platform that became a part of Coinbase in 2018. Coinbase Pro was a new interface built on top of the existing GDAX trading engine that has been designed with the needs of the active trader in mind.

As you already know, in light of the SEC’s action against Ripple Labs, Inc., XRP coin is not available on the Coinbase platform.  

Frequently Asked Questions

In this section, we’ve collected the most popular questions concerning the XRP cryptocurrency and are ready to answer them.

Can I buy Ripple stock?

Ripple stock is a way to participate in the Ripple ecosystem. Since Ripple is not a publicly-traded company, users can get shares via private investors on the secondary market. Ripple can also give an investor a share if he/she meets one of the following criteria:

  • Possess $1,000,000 in liquid assets;
  • Earned over $200,000 for the last three years in a row.

Is Ripple a good investment?

Ripple has always been facing ups and downs throughout its history. All in all, the situation might be quite positive. If you are thinking of investing in an XRP coin, read our price prediction.

Is Ripple worth buying in 2021?

Currently, XRP cryptocurrency is going through a very volatile market. Against the backdrop of the SEC announcement and popular exchanges delisting, we are not sure that this is the right time to invest in XRP. However, it would be great if you do your own research before investing in any cryptocurrencies. 

Will Ripple XRP reach $1,000?

In the near future, it’s quite an impossible scenario because the XRP coin all-time high price was slightly less than $4 (in 2018). In case cryptocurrency is developing by leaps and bounds, we will be able to see such prices in the distant future.

How to buy Ripple with Ethereum?

If you have some ETH coins and want to swap them to XRP, we are pleased to offer you our service. Check out the cross-rates down below and get XRP for ETH. 

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How to buy Ripple with Litecoin?

It’s easy to swap LTC coins to XRP in a couple of minutes. We offer the best rates based on the quotes of the most popular exchanges. Push the button to find out more. 

How to buy Ripple with USD?

It’s easy to buy XRP cryptocurrency for USD using your credit card, bank transfer, or Apple Pay. Check out our purchase page to get XRP for the best rate.

How to buy Ripple in Washington state?

Changelly offers to buy XRP with USD via MoonPay provider, which supports such deals in Washington, USA. You can pay for the transaction using Visa, Mastercard, bank transfer, and Apple Pay. 

How to buy Ripple in the USA?

You can buy Ripple through exchanges and wallets. However, here is the thing – many US and European trading platforms restricted transactions with XRP due to the SEC announcement. However, Changelly works with MoonPay, a place where you buy XRP with a US residence (except Hawaii, New York, and Rhode Island). 

How to buy Ripple without verification?

It seems impossible to buy some XRP without any verification. One of the ways to stay anonymous is to mine some crypto and then exchange it to XRP.

How to buy Ripple with a credit card?

Buying XRP with a credit card is as easy as ABC. Many providers offer to get some Ripple coins with Visa or Mastercard. Changelly is not the odd one. 

How to buy Ripple in India?

There are some Indian services such as Coidelta, BuyUCoin, BTCXIndia, Bitindia, and Koinex. These Indian-based platforms provide users with smooth XRP deals. We are glad to offer XRP purchase with Indian Rupee (INR) for our Indian customers. 

The post How to Buy Ripple (XRP) Cryptocurrency appeared first on Cryptocurrency News & Trading Tips – Crypto Blog by Changelly.

AO/X Staff