How to buy Ripple (XRP) in 3 Simple Steps – A Beginner’s Guide

Note: If you’re looking to buy Ripple for trading purposes only you may want to check out  Plus500 Ripple CFD trading. Keep in mind that when trading CFDs your capital is at risk.

What is Ripple?

Ripple is a global settlement network, making it easy to transfer nearly any currency to anyone in the world in just seconds.  The Ripple platform has rendered the archaic system of sending money through SWIFT or Western Union obsolete.  At this point, Ripple is focused entirely on working with banks, offering them a more efficient and cost-effective way to send real-time payments around the world.

Consider this hypothetical example.  Directly transferring currency inexpensively from Japan to Nicaragua, JPY/NIO isn’t generally feasible.  Instead, an individual or bank will usually trade JPY to USD and then USD to NIO.

At each step, the fees add up, making for an expensive way to send money internationally.  By using Ripple, one can trade JPY to XRP (Ripple’s currency) relatively inexpensively, send XRP to the recipient, either an individual who has a Ripple wallet or a bank in Nicaragua, and from there, trade XRP into NIO.  In other words, XRP is the grease that allows any currency to be easily exchanged for any other currency on the Ripple platform.

While banks in general have been slow to adopt Ripple, there is no doubt that real time worldwide payments are the future.  The Ripple platform gives banks a huge advantage both over their competition and financially.  Ripple is focused on the “Internet of Value”, meaning that money transfers should move as quickly as information does in the technological age.  With Ripple, there is no reason to pay a fortune and wait days when transferring money globally.

Why Are Banks Using Ripple?

A few banks have embraced the Ripple platform including, Santander, Axis Bank, Yes Bank, Westpac, Union Credit, NBAD, and UBS, among others.  According to Ripple, banks can save an average of $3.76 per payment by using their protocol.  Considering that banks perform thousands or perhaps millions of transactions every year, this represents a significant savings.

If there is one thing that captures the attention of banks, it is how to make more money, while saving more money.  This is why Ripple, or a real time, inexpensive, global settlement network similar to it, has a bright future ahead of it, as they are offering a new way to conduct business that brings financial institutions up to speed in the Internet age.

Ripple is lead by Brad Garlinghouse, while the brains behind the scene is David Schwartz, the Chief Cryptographer.  Based out of San Francisco and branching out around the world, the Ripple team has been constantly improving the protocol, while connecting with banks internationally.  Ripple continues to hire top talent from around the world and aims to facilitate the greater majority of international payments worldwide.  As it currently stands, Ripple is one of the most exciting Fintech organizations with their innovative financial platform, as Forbes even includes Ripple in their Fintech 50.

How Do I Invest In Ripple?

While large scale investors may be able to invest in Ripple directly, most other investors and speculators are limited to investing in XRP.  XRP, Ripple’s native currency, took off in value in 2017 when it went from under $0.01 to over $0.30 a coin.  This huge surge in value is due to both bank adoption and speculative interest.  As it currently stands, Ripple has the third highest market cap behind Bitcoin and Ethereum.

XRP allows for seamless financial transactions from any given currency to any other currency with negligible fees.  In a sense, XRP is the reserve currency on the Ripple platform that enables users to trade nearly any currency of choice into XRP and send XRP globally to anyone.  The individual who receives XRP can then trade it for the currency of their choice.

Every time any given currency is traded into XRP, liquidity increases, as does the value of XRP, due to greater demand.  In other words, Ripple is attempting to turn XRP into a global reserve currency of such even though it may not seem that way just yet.

However, transferring XRP is the easiest and least expensive way to send value over the Ripple protocol.  At some point, it may not make sense to move into any other currency, while instead, simply using XRP exclusively for global payments.  If people and banks from around the world turn their fiat into XRP and collectively decide not to move back into fiat, the price of XRP will no doubt skyrocket.

The goal is to turn XRP into a stable currency that doesn’t deviate in value much so banks would be comfortable moving into it without fear of volatility.  As it stands, many banks don’t want anything to do with XRP because it can dramatically change in value overnight or even in seconds.  In order to assist banks and payment providers Ripple has partnered with BitGo to mediate these risks so expect further bank adoption relatively soon.

A long-term appreciation in the value of XRP is ultimately the end game strategy for Ripple, as they hold the majority of XRP in existence.  This means that a bet on XRP is a bet on Ripple.  It should be noted that Ripple also offers consulting services to financial institutions and has no problem securing funding when needed.  In other words, it looks like Ripple is likely to be around for a long time.

How Many XRP (Ripple coins) Exist?

Of the 100 billion XRP tokens in existence, Ripple holds 61 billion of them.  With the company holding the majority of the coins.  In order to build investor confidence, Ripple has locked up 55 billion XRP with 55 smart contracts.  One by one, each contract, holding 1 billion XRP, expires monthly throughout the course of 54 months.

As it currently stands, Ripple has spent about 300 million XRP a month for the past 18 months to handle expenses.  This operational transparency should give skeptical investors a reason to believe that Ripple is in this game long-term and would not benefit by selling off their holdings, thus plummeting the value of XRP.

What Are The Advantages Of Ripple?

There are a number of advantages that XRP has over other cryptocurrencies, most notably, Ripple is working directly with banks.  While anyone opposed to the banking cartel monopoly may not want to invest in Ripple on principle alone, there is no doubt that Ripple is focused on smart business decisions by making ties with the very corporations that control global finance.

Investors who want to capitalize on the hard work Ripple is dedicating to their global settlement network are likely to witness a steady increase in value over the long term by simply holding XRP.  Simply put, buying XRP and forgetting about it could result in 10x or even 100x gains over the long-term.

Ripple is fast, with transactions confirming in under four seconds.  In other words, it can be used to purchase every day items, assuming that it is adopted by both merchants and users worldwide.  In addition, Ripple is scalable, as it regularly handles 1,000 transactions a second.  It has even been shown to handle as many transactions as Visa, more than 50,000 transactions a second.

What Advantages Does Ripple Have Over Bitcoin?

Bitcoin is great, but it isn’t a fast way to exchange value, while Ripple is.  In addition, the cost to send bitcoin has increased significantly as more and more transactions are taking place on the blockchain, while transferring XRP is still relatively inexpensive.  In addition, the Ripple network doesn’t get bogged down by transactions like bitcoin currently does.

The original goal of Ripple was to develop a platform that didn’t consume huge amounts of electricity like the process of mining bitcoin.  In order avoid mining entirely, all 100 billion XRP were “instamined” that inherently has drawbacks to anyone who appreciates the benefits of mining.

Many argue that Ripple is centralized, but the company is working hard to change that.  Ripple is becoming increasingly decentralized through validator node diversity on the Ripple Consensus Ledger (RCL).  In fact, Ripple argues that it is more decentralized than bitcoin at this point in time.

One of the biggest advantages, at least from an investor’s standpoint, is that Ripple is making connections with the banks around the world, while many see bitcoin and other cryptocurrencies as competition to the established financial order.  In other words, banks are far more likely to embrace a protocol like Ripple and its native currency XRP, rather than support bitcoin.

What Are Some Drawbacks To Ripple?

While XRP has some huge advantages over other cryptocurrencies, some would argue that it is a big brother platform for making global transactions.  Since the original vision of Ripple was focused on allowing everyday people to make global transactions, like remittance payments, inexpensively and quickly, the pivot to focusing exclusively on banks was seen as a turnoff by many.  Anyone who likes the Ripple platform, but doesn’t like Ripple the company may want to use Stellar, a Ripple fork from Jed McCaleb, as it has more of an altruistic vision.

As stated before, XRP was created all at once and Ripple owns the greater majority of these tokens.  Even though these coins are locked up in a smart contract and the likelihood of a sell off is small, it is still something to consider.  In a sense, Ripple is the central bank of XRP.

Researchers at Purdue University have determined that the Ripple platform has security vulnerabilities.  Due to its open nature, nodes within the network could be subject to attack, preventing some users from accessing funds.

Many people may decide not to invest in XRP for personal reasons, especially if they are invested in cryptocurrency because they see cryptocurrency as an escape from the banking cartel and government control.  On the other hand, investors who are looking for profits and don’t see anything wrong with Ripple’s business model have every reason to buy XRP.

How to Buy Ripple in 3 Simple Steps

Step 1 – Get a Ripple (XRP) wallet

The main thing to note when using a wallet to store XRP is to write down the secret key and store it in a secure location.  Better yet, write down the secure key many times and store it in many secure locations.  This secret key will give users access to their wallet no matter what. XRP wallets generally operate the same as Bitcoin wallets, so if you’re not familiar with the differences I suggest watching our Bitcoin Whiteboard Tuesday episode about wallets.

It is best to keep your XRP on a hardware wallet for maximum security.  It should be noted that every Ripple wallet must initially be funded with a 20 XRP reserve in order to protect against low level spam attacks.

Ledger Nano S is currently the only reliable hardware wallets for storing XRP and a number of other cryptocurrencies. You can read our review about it here.

Toast Wallet is a self hosted easy to use wallet that can hold Ripple. The wallet is available for mobile (iOS, Android) and desktop (PC, Mac, Linux).

Rippex offers a desktop wallet for Mac, Windows, and Linux that gives users full functionality.  Here is a guide to seting up the Rippex desktop wallet and sending XRP there for storage or trading.

Step 2 – Find a Ripple Exchange

There are several options for buying Ripple today. You can either buy it with fiat currency (i.e. USD, EUR, etc.) or you can trade Bitcoins for Ripple on specific exchanges.

Invest in Ripple via a trading fund

Platforms like eToro don’t give you actual access to your coins and you can’t send coins from eToro to other people. The only thing that can be done with the platform is to buy and sell Ripple for fiat currency (i.e. Dollars, Euros, etc.). Meaning this platform is good if you only want to speculate on the price. This method is only valid if you live outside of the US.

IMPORTANT! If you use eToro you don’t actually need a Ripple wallet as they don’t supply you the actual coins. Also, Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. So keep in mind that your capital is at risk.

Buy Ripple With Fiat Currency

The best way to buy Ripple for people who don’t already own Bitcoin is to purchase it directly through a wire transfer or a credit card.

It is possible to buy XRP with a wire transfer through Bitstamp.  After signing up and following their KYC (Know Your Customer) procedure, it is easy to send EUR through a SEPA transfer or USD by a bank transfer.  As soon as the transfer clears, fiat currency can be traded for XRP directly on their exchange.

Bitstamp also allows people to move funds onto the platform with a credit card payment or trade Bitcoin directly for XRP.  Here are more details on using Bitstamp to purchase XRP.

GateHub is another exchange that supports XRP.   First, sign into GateHub and go through their KYC process.  GateHub accepts SEPA transfers and bank transfers, although there is a $15 fee for bank transfers.  After receiving USD or EUR, it can be traded for XRP on the GateHub trading platform.

Buy Ripple with Bitcoin (trade BTC for XRP)

Throughout the Ripple community, the consensus is that the least expensive way to purchase XRP is by buying bitcoin from Coinbase or another provider first.  Then, bitcoin can be sent to any number of exchanges and traded for XRP.

The easiest way to trade Bitcoin for XRP is by quickly exchanging it on Changelly or Shapeshift.

Kraken is another popular exchange that allows users to trade bitcoin for XRP.

XRP can also be purchased with bitcoin by trading it on Poloniex, and Bittrex, among other exchanges.

Japanese customers can use Coincheck or Bitbank to buy XRP.

Individuals located in Mexico can use Bitso to buy XRP.

Customers located in South Korea can use Coinone or Korebit to purchase XRP.

Step 3 – Withdraw your XRP to your wallet

I wouldn’t recommend leaving your XRP on the exchange you bought them from. This is due to the fact that you don’t actually control the private key for your coins and therefor they are no actually yours.

No matter where you got the coins from remember to withdraw them into your own Ripple wallet that you hold the private keys to. Once the transaction is confirmed you’ve successfully finished the process of buying Ripple.

Conclusion – Is Ripple Worth Investing In?

Ripple will probably appeal to larger banks throughout the next couple years, as they offer a global settlement network that enables real time payments internationally, while reducing transaction fees.

Anyone who purchases the innate digital asset, XRP, has the potential to earn huge returns on their investment, if Ripple keeps making headway throughout the banking sector.  While fleeting, the concept of XRP becoming an established global reserve currency is an ideal scenario for investors.

Even though XRP has increased in value significantly in 2017, I believe this is just the beginning of its ascent. However, as always, were there is great reward there is also great risk involved. Please make sure to invest responsible as we’ve outlined in the past.

149 Replies to “How to buy Ripple (XRP) in 3 Simple Steps – A Beginner’s Guide”

  • Hi there,
    Please help! I am a new bee from Vietnam. Is that possible for me to buy Ripple (XRP) with Paypal from Vietnam? Please recommend an exchange? Thank you for any help!

    • Hey Mike,

      OK, so buying any cryptocurrency with PayPal is an expensive and troublesome proposition. The issue is that while crypto transactions are by nature irreversible, PayPal transactions are easily reversed by the company if the buyer reports a problem. This makes selling crypto very risky, as a seller’s fiat payment may be easily returned to the buyer by PayPal if the buyer, honestly or otherwise, reports a problem with the trade.

      That said, our site covers several methods for buying Bitcoin with PayPal (note that the eToro method is not applicable for you):

      Once you have BTC, you may easily exchange it for XRP through a quick-and-easy exchange, like or, or for a lower fee through full crypto-only exchanges, like or, etc.

      As far as I know, there’s no established way to buy Ripple directly for PayPal.

      Have you considered using payment methods other than PayPal? I think just about any other payment method will be cheaper and easier for you.

      • Hi Steven,
        Thank you so much for getting back to me with helpful information. I do appreciate that. Yes, I am very open to considering different payment methods (other than PayPal). Could you please provide some suggestions? Thank you, Mike.

        • Hey Mike,

          Sure thing, glad you found it helpful.

          Well, one method for buying Ripple with fiat which I know about is to use a credit card to purchase it from – however I believe this method only works with USD.

          I think the Bitcoin to Ripple route I suggested will probably end up being the best. and would be the sites to check out.

          The exception is if you’re able to sign up with one of the big exchanges which has Ripple, like or – however as far as I’m aware, none of these exchanges are accessible from Vietnam.

          • Hi Steven, Thank you again for your great help! I will check out your suggestions. Nice day to you! Mike

    • Hey Beroz,

      Well, it depends what you’re using to buy Ripple. If you’re buying it with Bitcoin, then it’s really easy – a site like or – which convert cryptos in a quick and simple way – will be your fastest route. Their fees are a little high compared to full crypto exchanges however – you can try one like or for converting BTC or some other crypto to XRP.

      If you want to buy with fiat money, then will let you buy XRP with a debit / credit card, as far as I know. This option is expensive but it’s also easy and fast. If you want to save money, then you should register with a reputable crypto-fiat exchange which has Ripple, like or

  • I am thinking of using this process to buy XRP. Please suggest if this is a feasible way of buying it.

    I will by XRP through and then transfer it to one of the wallets. This way I will avoid going through a long process. Alos, I am using for the first time, so is there anything that i should be cautious about? Please suggest.
    Thank you in advance.

    • Hi Rishabh,

      Well, I haven’t used or investigated so I can’t vouch for them. However, they seem ok and I note that their price for XRP is a few cents below the average price. That said, they have very little volume for XRP. Provided you’re not looking to buy a big amount of XRP, it should be fine. You should check out their fees before making any final decision however. I believe they only accept payments from within the Eurozone.

  • Its definitely worth mentioning that on most exchanges that ive been on (maybe even all of them) besides Coinbase the symbol for Bitcoin is “XBT” instead of Btc like you see on coinbase. that was just one of many curve balls thrown at me the first time I tried to buy Ripple “XRP”. in hindsight I would not have opened a Gatehub Account with my first purchase of Ripple. If you’re only depending maybe $100 bucks or so on it just to get a feel for it, or so you won’t have that feeling that you might miss out I would just keep it on the exchange sure it’s safer to have it in a wallet but just a couple of bucks will be fine on Exchange and that way you don’t lose 20 XRP coins which is close to 40 bucks right now, and if you want to trade it for something quickly you’ll have it right there in the exchange ready to go and it is fast to trade it or send it as for purchasing it if you haven’t figured it out yet the easiest way to do it for me anyways was to purchase ethereum on coinbase that way I didn’t pay Bitcoin fees or have to wait for Bitcoin times then I sent it cerium to Kraken and traded it for ripple there.

    • Hey Tayter Tot,

      Yes, that’s true. I know it’s written XBT on – this format is based in the ISO 4217 international currency code system.

      X is used for international currencies, for example XAU is used for gold. BTC is in fact reserved in the ISO system for the currency of Bhutan. However, most Bitcoiners use BTC as it’s the most intuitive and familiar abbreviation.

      Glad you’re finding your way with exchanges and crypto conversions.

  • i am quite upset, i am trying to buy ripple and i though i do not understand why there is so much complexity, the issue that pisses me off the most, is the verification process of opening an account, if i wanted the government to know what i was doing, i would not want to buy cryptos, i refuse to give personal information they want, such as proof of address, gov ID, i am not a criminal, but this is not of the governments business, and if they have all your information , they know exactly what you own and how to confiscate it, once they deem cryptos illegal. How do honest people get around this????

  • Am I spending more than I should on transaction fees to use the following sequence?

    Buy Bitcoin on Coinbase –> use ShapeShift to send XRP to Toast Wallet (desktop wallet).

    Someone mentioned buying ETH on Coinbase instead of BTC, because the Send transfer fee for ETH is a lot less. Is this true?

    The above method is quick and easy. Does anyone know of a better method that is less expensive but just as easy?

    • Hey Jim,

      Well, it’s true that ETH has lower fees than BTC right now, so sure you could save a little money and probably time that way. Try it out and see how it goes but do keep in mind that during times of market turmoil (like now), ETH tends to be even more volatile than BTC.

      You should also compare the BTC/XRP and BTC/ETH prices in fiat terms to make sure the prices are equal; they could differ considerably based on supply and demand so you might need to pay more ETH (in USD terms) than BTC for the same amount of Ripple.

  • This is how i buy ripple. i think is lesser fee. Buy ETH from coinbase , transfer ETH to Binance. In Binance, exchange ripple with ETH.

    I was shocked to see the fee for BTC in coinbase transfer to Binance is $20.. while ETH is only like $2

    • Hi Saif,

      Well, first you must buy Bitcoin as there are no exchanges in Pakistan which take your local fiat in exchange for Ripple.

      So, I suggest using or to first get Bitcoin. You may then exchange your BTC for XRP, using a simplified exchange like or, for a full exchange which is more complicated to use but gives you cheaper fees,, or

      You will also need a Ripple wallet to hold your Ripple, see Step 3 in our guide above.

  • I have been trying to sign up in exchanges to buy Ripple for three weeks but they all say the are closed to new customers. Is there a solution to this???

    • Hi Bizhan,

      Well, I doubt that all the exchanges which offer XRP can be refusing new clients. See the full list of exchanges here under Source:

      If it’s still a problem, then I suggest buying Bitcoin instead. You can then exchange it for XRP on crypto-only exchanges like or which have very light and quick verification procedures.

  • I am from Afghanistan kindly let me know how to buy ripple in Afghanistan?
    As far as I understands the text but one thing that is not clear to me is That 20 XRP in reserve, can I get that back at some point?
    Let’s say I buy 100 XRP, can I then also sell my 100XRP or can I only sell 80XRP?

    • Hi Rafiullah,

      Nope, that 20 XRP reserve can never be reclaimed. You will only be able to sell 80 XRP.

      The easiest way to buy Ripple from Afghanistan would be to buy Bitcoin there and then exchange it for Ripple on a crypto exchange, such as or

      As for buying the Bitcoin , it’s a lot more popular than Ripple so it’s easier. Try to look for Afghanis selling Bitcoin or otherwise you can buy from using a credit card.

  • That 20 XRP in reserve, can I get that back at some point?

    Let’s say I buy 100 XRP, can I then also sell my 100XRP or can I only sell 80XRP?


      • Hi, I’m new to this. is the 20 xrp for each transaction/trade you make or just as a one-off to continually protect you? Also, will you be notified when opening a wallet for ripple that you should leave 20xrp in it or do they presume you should know that? i hope i made that clear. thanks

        • Hey missgerman,

          The 20 XRP reserve thing is just to open your wallet. I think if you try to send an amount which exceeds the reserve requirement your transaction will fail. It should notify you of the reason.

  • To buy Ripples ( XRP ) in US first you have to buy bitcoins on Coin Base **affiliate link removed**

    Then you have to send bitcoins to exchange market. And use your bitcoin to buy Ripples ( XRP )

    On of the best exchange markets Binance **affiliate link removed** , because here you don’t need to give your SSN

  • buying ripple is super frustrating. tried bitstamp, gatehub and kraken. They all suck. they’re all having trouble with their sites. they’re always overloaded, moving slow, can’t do this, and can’t do that. very annoying. wish there was an easier way of doing this.

    • Hi John,

      You certainly can. and are two good exchanges which offer a market in Ripple (XRP/USD)., & Gatehub .net also offer such markets, as do several smaller exchanges.

      It’s also very easy to trade Bitcoin and other cryptos for Ripple on other exchanges. For the full list of exchanges, see here (note that USDT is Tether and Bitfinex is barred for US residents):

  • “If you don’t have bitcoin, I’ll suggest for coinbase, it’s simple, trustworthy (Million+ users)”

    i have open coinbase account but they do not have ripple to buy .

    • Hi Abdullah,

      Try Kraken, I believe they offer Ripple and accept a few different fiat currencies and many cryptos. The official Ripple site will recommend further exchanges.

  • Ripple is a cryptocurrency which has been increasingly adopted by banks and payment networks. It was released in 2012 which enable secure, instantly and nearly free global financial transactions of any size with no chargebacks. Binance (**affiliate link removed** Best for USA) or Bitfinex (Best for Non-USA) are the best places to buy Ripple. However, you can’t purchase Ripple directly by paying in Dollar or Euro. First you need to buy other cryptocurrencies like bitcoin, litecoin, Ethereum somewhere (may be from Coinbase (**affiliate link removed**) which is most popular and trusted worldwide) then you need to transfer that to Binance (**affiliate link removed**) balance (which is very simple and both sites will give you the respective currency address to get the currency) and then you can buy Ripple with that balance. In other words, this is just the exchange and not the actual buying with dollars. On Binance, all trading is done with BTC, ETH, BNB or USDT. Therefore even if you have any altcoin you need to purchase one of these currencies first to exchange it for other altcoins like Ripple.
    Some people also sell Ripple on eBay. Current market price of 1 ripple is about ~&0.7 as on December 19, 2017, while it’s available on eBay anywhere between $2-10. So if you have only this option to buy and if you are ready to give extra dollars then you can opt for this option as well. Some people also sell cryptocurrencies on local sites like craigslist,offer up, letgo etc. But you should be extremely careful as these are just the digital assets and transfer between individuals is based on the code. There is no proof for such exchanges and you either cannot claim your receipt or difficult to analyze the transfer. There is no government regulation on these currencies so you cannot claim if there is any issue.

  • Ripple (XRP) increased almost 400% in last month. Ripple overtakes Bitcoin Cash and join the podium. There isn’t a single bad news I heard about XRP this month. It’s still less than a $1 and definitely the coin to invest for 2018.
    So, How to buy it? Well you can’t buy it directly from USD, you need bitcoin first and to buy bitcoin.
    If you already have BTC, I would strongly recommend to use either of the following two exchanges which works in most of the countries:
    1. Bitstamp (Verification is lengthy, Rate is 0.25%)
    2. Binance (Verification is simple, Cheaper, Million+ users) **affiliate link removed**
    If you don’t have bitcoin, I’ll suggest for coinbase, it’s simple, trustworthy (Million+ users, same credentials can be used on and can do daily trading).
    **affiliate link removed**

    • Shares of Ripple Inc. are available on Sharespost and Equityzen at this time. Shares of Ripple are not the same as XRP. You must be an accredited investor to buy shares of Ripple Inc. Due to the fact that there are less people who qualify as accredited investors, the shares are trading at a deep discount to the implied price of XRP, especially after the recent run up in price to $1/XRP. If you believe in the long term vision of XRP, the shares of Ripple Inc are a better deal. **links removed**

  • Great effort with Ripple coin. Please reconsider listing Gatehub here as they are rapidly approaching a collapse. The Reddit, Twitter, & Crypto forums are filled with customer complaints of lost and unreliable currency transfers that warn of a site soon to be out of business.

    • Thanks for letting us know about this, will take a look into it. In the meantime can you supply some reference to what you have seen?

  • This is bad business, something this good but yet so complicated to buy in the US. I’ve been researching for days now how to buy ripple with no luck.

      • Sadly the verification feature is currently disabled, making it impossible to buy on Kraken. :\

        • True. I’ve been trying for quite awhile to get verified, but no luck. In fact, I’ve gone to several exchanges with no luck. I can’t even get verification with Bitstamp. I discovered, after jumping through many hopes, that Poloniex doesn’t accept USD for buying. A frustrating day.

          • That sucks! Kraken informed me that creating another account often makes the verification process work. That indeed happened for me and I was able to request verification.

  • Hello. I am from India . ,,How to buy ripple & it is moving fast ,..,day to day can anybody help me

    • Hi Bobbysock,

      I see a lot of interest for Ripple coming from India lately. I don’t really understand it as Ripple isn’t a great coin in my opinion.

      Anyway, I suggest you buy register with an Indian Bitcoin exchange like Zebpay or Unocoin and first purchase Bitcoin. You can then exchange BTC for XRP on an all-crypto exchange like,, and so on.

  • hello to all i live in Dubai uae i am new to crypto market i am watching for the past few days i am really interested in ripple can any body suggest me how to start can i buy here in dubai?help me guys

  • Does anyone know how to buy Ripple in Canada, other than through Kraken since the website is down? Im waiting to get my account opened at Bitstamp can I buy it there?

    • Hi, here are the steps:
      1. the very first step is to open a Bitcoin wallet. You already did so with Bitstamp, which is great.
      2. Once you have your Bitcoin wallet, then you need to buy Bitcoins. Although a bit expensive, this site is great and instant. You need to do Equifax validation (you are sent to Equifax’s site and answer multiple choice questions related to you to verify it’s actually you). Once you do this, then you can purchase Bitcoins with Interact online.
      When purchasing the Bitcoins, it will ask you for you Bitcoin wallet. You enter here the one provided by Bitstamp.
      3. After 1 to 2 hours, your bitcoins will be on Bitstamp.
      4. Once in Bitstamp, you can exchange the bitcoin (btc) to Ripple (xrp).

    • Hi Taimoor,

      I suggest you buy Bitcoin which is easier to get hold of and then exchange it for Ripple using a crypto-only exchange like or

        • Hi Nicole,

          You’re right, my mistake. I thought they had a lot more alts but I’ve only ever used them to send ETH. If you’d like to use a simplified exchanger like Changelly, then I would recommend instead. I checked and they definitely have Ripple (XRP).

          • Thanks Steve, I have tried to but they aren’t letting my order go through for some reason. I have to be patient, the market is falling right now so they must be busy.

  • After some more research into Ripple wallets, it seems that Bitstamp or Gatehub would be okay to store XRP and BTC. I am like many others using Coinbase, but it will be more convenient to store all them together in one place, making easy day-to-day exchanges.

    Ledger Nano S will be useful in the near future, but right now, I am looking for short term solution. Thanks for your opinions!

    • Hi Fati,

      Sure. Often the easiest way is to buy Bitcoin first (this is more widely available and easier to access) and then exchange Bitcoin for Ripple on a crypto-only exchange like Poloniex.

      • Hi Steven,
        Would it be possible to contact you directly (or thought email)?
        I’m a fellow Journalist who’d really enjoy investing in Ripple and other platforms but could definitely use some assistance navigating the Crypto-waters.
        Please let me know if you’d be open to a conversation.

  • This sounds easy but does not work if you reside in Canada! Apparently Coinbase does not allow Canadians to sell their Bitcoin. Whatever you buy, you are stuck with until “they” (whoever they are) decide that Canada can sell. I just bought bitcoin through Coinbase for the sole purpose of exchanging it for Ripple. no dice. booooooo

    • Hi cmack,

      Did you find a way for Canadians to buy Ripple? Can’t seem to open an account on Kraken from Canada due to backlog?

    • Hi. You are not ‘stuck’ with them. I’m in the same position as you, but, you can move your BTC etc. to another wallet. I’m looking at doing this now and have ordered a Ledger Nano S from Amazon to securely keep my shit on.

      Lots of info out there on how to buy Ripple out there. Buy BTC, transfer to a converter exchange, convert, store in wallet of your choice.

  • question, I am thinking of getting involved in this and investing thru Coinbase. I was going to buy a Ledger Nano S hardware wallet. Do I need a separate wallet for BTC, ETH and LTC if I buy all 3? I assume 1 wallet can hold all of them, but I have no clue. Info regarding this would be greatly appreciated. Thanks so much, Randee

    • Hi Tomer,

      Well, I’m not aware of any Israeli exchanges which sell XRP for Shekels. Your easiest route will be to buy Bitcoin (there are several Israeli exchanges which handle this) and then exchange your Bitcoin for Ripples. You can do that using crypto-only platforms such as or, as well as light, simplified swappers like and

      • thank you for the reply it doesnt have to be in NIS
        i can also transfer USD
        can you help me with a platform that is safe and secure and also what kind of blockchain do i need or is there a ripple wallet ?

      • sorry steve to but in but im trying to figure this out i want to buy some ripple sit on it for a few months then get out how do i go about this

    • Hi Rajkumar,

      Well, I’d say that you should probably diversify your investment. I would put at least 70% into Bitcoin as it’s the biggest, best-known crypto and has the best developers and most adoption by far. Bitcoin is very much the most likely cryptocurrency to become “the future of money.”

      The rest I would divide among Monero (good technology, best anonymity coin) and Ethereum (popular and active). You could also put some into likely alts, such as Litecoin (has SegWit and Lightning), Vertcoin (same as Litecoin but cheaper), maybe a few other alts you think could do well. This is just my opinion.

    • Hi Ian,

      Well, to get a wallet follow Step 1. Your location won’t make a difference for purposes of getting a wallet.

      As for buying XRP, the easiest is probably to send EUR to an exchange like BitStamp or Kraken and buy Ripple there. You may also buy Bitcoin using GBP and then exchange your Bitcoin for Ripple on a host of other exchanges.

      Here’s a list of all the exchanges which carry Ripple (you’re probably best off going with the high volume ones):

      • Why do you recommend bitstamp reviews are terrible and people are waiting weeks to get verified if it happens at all and they do not respond to emails?

    • Hi Bryan,

      Sure, I think the easiest way will be the exchange. They accept CAD transactions and support XRP too. They even have a XRP/CAD (ripple-Canadian dollar) market.

      • hello Steven,
        i am from pakistan , i searched everywhere but i can`t find a wallet for ripple . can you please help me out in finding a wallet ?

      • Have not been able to get into kraken for 2 days now…constant Host error message. Anyone else have this problem?

  • Any news of a legit mobile wallet for Ripple coming out anytime soon? I’d like to throw some wait-and-see type money at this but my laptop isn’t my first choice for any type of investing.

    • Hi Amanda,

      Not that I’ve heard of… Your laptop is probably more secure than your phone for this sort of thing.

    • Hi Peter,

      As far as I know, no exchange in Nigeria directly sells Ripple for Naira. What you should do instead is buy Bitcoin and then send it to another exchange overseas, which lets you buy Ripple with Bitcoin. Some good full exchange options are or For simple quick exchanges, try or

    • Hi there,

      I see there are several exchanges in India selling Ripple. However, as I’m unfamiliar with all of them, I’m going to recommend that you use BTCXIndia as it’s listed as a supporting exchange on the official Ripple website. The Ripple site has a full guide to using BTXIndia to buy Ripple which I believe will answer all your questions:

  • I am new to the crypto market, I am really interested in Ripple. How do you get started? Any advice would be greatly appreciated.

    • Hi Brian, please go through the post and if you have any further questions beyond that we are happy to help.

  • Bitstamp asks for all kinds of personal info. They even want you to upload a photo copy of your drivers license both front and back. Is this normal? I don’t feel comfortable giving out all my info over the internet to a foreign based company. Any thoughts?

    • Hi Elaine,

      Unfortunately this is fairly standard practice among exchanges which deal in fiat. It’s even starting to creep into crypto-only exchanges, like Bittrex. I believe that the banking system requires this sort of identity verification by law in most countries. It’s known as AML (Anti-Money Laundering) and KYC (Know Your Customer) regulation.

      I agree that it’s invasive and unwelcome. Never mind the surveillance aspect, if the exchange ever gets hacked or turns evil, then it raises the risk of identity theft.

      If you’re unwilling to participate, you can get around it by buying bitcoins over a peer to peer service, like LocalBitcoins, Bisq or Mycelium Local Trader, and then exchanging your bitcoins for XRP on a crypto-only exchange. I believe that Poloniex, Cryptopia, Changelly and Shapeshift are some which don’t require verification and are reasonably reliable. There are plenty more crypto-only exchanges however.

      • Hi Steven. Thank you for your reply. Is there or what is the best way to buy a LARGE amount of Ripple all at once? On Coinbase, you are limited to X amount of $ when purchasing thru your bank acct so I can only buy so much BTC in order to then buy Ripple. Also, Ive read that when buying on Coinbase you have to wait 7 days for the BTC to be received so if the ultimate goal is to then buy Ripple, I would have to wait a week before I could even do so. Is this true? Is there a better way to buy Ripple? Maybe on a different exchange like Kraken? Kraken is US based so I would feel better about the verification process. However, do they have limits too when buying/exchanging USD for Ripple? I am wondering if sites like Changelly have limits as well when wanting to exchange BTC for XRP and vice versa. I appreciate your input. This all seems so difficult and cumbersome.

        With regard to the Wallets, can you initially put your Ripple on Rippex and and then xfer it to Ledger once it is received and set up on your computer. I see Ledger is for sale on Amazon. Is this the best way to buy it and are they legit?

        Thanks in advance for your help!

        • Hi Elaine,

          Well for buying a large amount (say 6 figures and up), it might be best to do so over-the-counter. In other words, an off-exchange trade with a large holder of XRP. I believe Bitfinex can coordinate such trades.

          I haven’t heard about BTC deposits taking a week to confirm on Coinbase. That doesn’t sound right, I wouldn’t expect more than a few hours during times of normal network activity.

          Coinbase and Kraken are both US-based. If you do the full verification for Kraken, you shouldn’t have a problem with buying large amounts of Ripple, depending on the depth of the market. I believe that if you’re registered on both exchanges, you should be able to buy enough to satisfy you.

          Ledger hardware wallets are certainly legit, and I’d recommend them for the safe storage of significant amounts of crypto. For more info on them, please see our Hardware Wallet Review page:

          These devices have expanded to offer support for currencies other than Bitcoin. AI believe only Ledger wallets support Ripple at this time.

  • Hi. I’ve found my feet with Ripple thanks to this fine article and would like to buy and wait to see if it rises over time. The one thing that’s missing (for me) in the article is “how do I sell if that time comes”. Can you suggest ways to send XRP back to change it to more liquid coins like BTC or LTC or Fiat.

    • Hi John,

      Sure, it’s really simple. You just do the opposite of the instructions in the “Buy Ripple with Bitcoin (trade BTC for XRP)” step. In other words, you Buy Bitcoin with Ripple, using any of those exchanges mentioned.

      Some of those exchanges also let you buy altcoins or fiat with Ripple. Check them out to determine which ones will suit your requirements.

  • I would prefer to use a good desktop wallet (or whatever it’s properly called) rather than Ledger, at least for right now as I can’t wait several days. I have already purchased XRP today through a private seller I know and I quickly need a wallet to store it. I do not need to buy more XRP for now. I have written both wallet companies and they’ve responded – it appears Coinpayments or Rippex would be be suitable for me to deposit my XRP directly ? Does anyone here have an opinion as to the better choice. I have heard Toast is good too but I wasn’t sure if could use my pc for storage – maybe only for phone storage ??

    • Hi Saturn99,

      The Ledger will definitely be the safest option but yes, it will take a few days for shipping.

      I believe Rippex to be a good wallet, although I must point out that I’m by no means a Ripple expert. It’s open source which is always a good sign. Remember to backup your secret key in a secure way! I also recommend first transferring a minimal amount to the wallet as a test.

      Toast will definitely work on a PC and I like the fact that it’s also open source. However, on their site they mention that all versions of their software are receiving a bug fix. It doesn’t seem like the bug in question is related to secure storage or anything else critical. Be sure to follow the backup instructions outlined in their Notice if you choose Toast.

  • I have some bitcoins with Coinbase, but when I look at the reviews of the exchanges that will allow me to trade my bitcoin for Ripple all the reviews are terrible. I live in Texas, so please guide me on which exchange would warrant the least amount of risks.

    • Hey Jim,

      I’d say the least risky exchange for trading Ripple from the US would be Kraken or Bitstamp. They both have good liquidity and are known to be reliable.

      • Hey Steven,

        I set up an account with Bitstamp and I’m having the hardest time transferring funds into it from my bank account (I use Chase). How did you do it?

        • Hi Lucy,

          Could you describe the problem in more detail please? I can’t tell if the problem is with the bank transfer or with the website, ie. finding Bitstamp’s account details for your deposit… or some other aspect of the process.

          Whatever the problem, I think this FAQ will help you:

  • Once I purchase Bitcoin does it cost anything to transfer it into XRP on a site such as bittrex or changelly? Also, once I have XRP does it cost anything to transfer it from the exchange to my hardware wallet? Thanks.

    • Hi Dan, exchanges could have withdrawal and deposit fees, however in most of the cases for cryptocurrency topups and withdrawals you only need to pay the miner (transaction) fee to the network. Probably it is best to check the fee schedule of the exchange you want to use.

  • I can’t get signed into Bitstamp, Kraken , Gatehub what the hell is the problem. I have tried several times for each, no success. emailing the companies is a JOKE, zero responce. What to do… Tor 206 522 0227

    • Hey Tor,

      What error message do you get?

      If you’re clicking a login button and nothing is happening, perhaps you have Javascript disabled. If you’re using Tor browser (just a guess) then Javascript is disabled by default and needs to be manually enabled…

      If you get a message that your login details are incorrect – and you’re sure that they’re correct – then it’s possible you got hacked. The hacker could have changed your passwords to keep you out. Do you have 2 factor authentication on any of these accounts? If so, check your messages on your email or phone.

  • hello, can anyone please help me out here. I am wanting to buy ripple with no expiry date and no cfd if possible? thanks regards jack

    • Hi Jack, in the article, you can find couple of options where to purchase Ripple. For example, you can use Bitstamp or Gatehub exchanges, additionally there are several other places listed to purchase Ripple in exchange for Bitcoin.

  • Hello, I am new to this and would like to begin investing in cryptocurrency and specifically in XRP. Do you have to purchase Bitcoin first and then trade it for XRP? How do I setup my own Ripple wallet? Also,once you want sell your investment how is it converted to cash?

    • Hi Michael,

      It’s not necessary to first purchase Bitcoin to trade for Ripple. There are multiple exchanges which let you buy Ripple for fiat, including BitStamp and Kraken. I’d recommend either of those two, as they are big and well-regarded exchanges. You can find more exchanges endorsed by Ripple on their home page:

      Selling Ripple for fiat can also be done on any of these exchanges. You would then withdraw your fiat money by bank wire or similar methods.

      If you want to trade Ripple for other cryptos, your choice of exchanges will be a lot wider.

      If you want to hold XRP securely, I’d recommend doing so with the Ledger Nano S hardware wallet, which supports XRP. If you just wish to trade Ripple over the short-term, it should be ok to keep it in your exchange wallet, although be advised this does carry custodial risk.

  • there are too many exchanges and wallets out there, will be a millionaire who will make a platform like coinbase where you can buy, sell, trade and connect your bank account to it. Like now I wanna buy some ripple and neo but I need to open 4000000 accounts to do that and then after I opened them I discover that there are tons of better websites than the ones I have signed up! fml !!

  • Is it really necessary to take physical control of the XRP coins as this article suggests? Is that the safest way to hold XRP coins?

    • Hi Steve, yes that is the safest way. Alternatively, if you are just looking for profiting from the changes in the price, you can trade with Ripple CFDs on Plus500 or Avatrade, in case you will not own the coins directly.

      • and what’s the difference in profit terms??? I mean, i can trade woth xrp as a long term investment and i will get the same profit or something change?? Thanks in advance for replying me

        • Hi Francesco, there should not be any difference in terms of profits as when you are trading with CFDs the price follows the price you can see on the exchange.

  • I am new to this and want to know if I can buy XRP with a credit card after opening an account on Coinbase.
    Is this possible without owning any digital currency?
    This would be my first transaction.

    • Hi Steve, at the moment Coinbase does not support Ripple. You can buy Ripple directly without owning any cryptocurrency on Bitstamp with paying by card.

    • I joined Coinbase and gatehub. Used check card to buy bitcoin on coinbase, then sent bitcoin to gatehub. At that point, I bought xrp on gatehub using bitcoin.

      I then put Ripple wallet on my pc and transferred 20 xrp to it to test. I then sent the remainder of my xrp to my Ripple wallet. All went as planned!
      I now do this every payday! I want a Caddy in 5 years!