In this guide, we discuss where to buy Ripple and some of the most common ways of buying the cryptocurrency. We also provide you with a step-by-step beginner’s guide to investing in the hottest cryptocurrency on eToro. Importantly, we look at the benefits and risks of investing of buying Ripple today and discuss whether XRP is worth buying today.
Read on to learn everything you need to know about investing in XRP in 2024.
How to Buy Ripple (XRP) in 4 Quick Steps
Here is a four-step guide on how to buy Ripple in the US right now. This crypto buying process is embraced by eToro – an SEC-regulated crypto brokerage. It takes less than 10 minutes to create an account and you only need $10 to get started.
- Step 1: Open a crypto account: Start by opening a free crypto trader account on eToro.com. Enter your personal information and create an account password.
- Step 2: Fund the account: Deposit US Dollars into this account. The minimum deposit amount is $10, and supported deposit methods include credit cards, debit cards, eWallets, and bank transfers. The brokerage doesn’t charge a deposit fee.
- Step 3: Search for Ripple: In the website’s search box, enter ‘Ripple’ or ‘XRP’ and hit the ‘Trade’ tab that pops up.
- Step 4: Buy XRP tokens: Choose to buy XRPs and customize this trade by entering how much you would like to invest in Ripple. eToro will debit your cash account and immediately deposit XRP tokens into your exchange-provided crypto wallet.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
Further below in this article, we will provide you with a more detailed tutorial laying down how to buy Ripple in 2024.
Where to Buy Ripple (XRP)
According to CoinMarketCap, there currently are 600+ crypto exchanges and trading platforms and the majority of these list XRP tokens. This makes the search for the best Ripple trading platforms and exchanges quite overwhelming, especially for novice traders.
To help you buy your first XRP token, we have vetted multiple markets and settled on the following as the best places to buy the digital asset today.
1. eToro – Overall Best Place to Buy Ripple Right Now
A number of factors help make eToro the best place to buy Ripple coins today. First is its user-friendliness and appeal to both beginner and expert crypto investors. It draws in beginners with a quick and straightforward account opening process, a highly navigable interface, a low minimum trade limit of $10, and a free demo account.
Pro traders are, on the other hand, drawn in by the many advanced trading tools integrated into the platform, deep liquidity, and support for a decent selection of cryptocurrencies.
They also appreciate eToro’s support for a decent selection of crypto assets. In addition to Ripple, you can buy all the best future cryptos on eToro, including Bitcoin, Ethereum, and Dogecoin. You also get to interact with some of the best DeFi coins, including Uniswap, Compound, and Maker.
eToro also makes it here because of its affordability and convenience. For starters, the cost of buying digital assets on the platform is fixed at 1% of the trade volume. Plus, eToro lets you buy cryptos with PayPal and such other popular payment options as credit cards, debit cards, and bank deposits.
eToro is also the best place to buy Ripple because it is safe. In fact, it is one of the most regulated crypto brokerages in the crypto-verse, licensed by the SEC, CySEC, FCA, and ASIC. Note also that though it started processing crypto investments in 2013, it has never been hacked.
Even more importantly, eToro provides all its platform users with a secure brokerage-based wallet (which stores 90%+ of client assets offline) and a mobile wallet app for iPhone and Android – the eToro Money Wallet.
Lastly, eToro is a popular crypto exchange for Ripple investors because it lets them trade and make money passively through copy trading. Beginners make money while they learn how to trade. Expert traders, on the other hand, earn a commission when eToro platform users copy their trades.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
2. Crypto.com – Buy Ripple with Credit Card
Crypto.com launched in 2016 and currently is one of the fastest-growing crypto exchanges. Throughout this period, it has cultivated a reputation for reliability, security, affordability, and convenience.
These are some of the factors that help it rank this high among the best Ripple exchanges. It is also user-friendly, maintaining both a straightforward client onboarding process but also has an intuitive trading interface.
You only need $20 to start investing in XRP on the platform. And you can buy Ripple with credit cards, debit cards, eWallets, and bank transfers on Crypto.com. The altcoin exchange doesn’t charge a deposit processing fee.
You will only have to part with a highly competitive and volume-based maker/taker fee of between 0% and 0.26%. And if you have staked CRO tokens on-chain, you qualify for up to a 30% fee discount.
You may also like buying Ripple via Crypto.com because the multi-platform exchange is also highly secure. It, too, provides its platform users with a safe on-chain wallet that holds more than 90% of their crypto assets offline.
You also get a free wallet app as well as a DeFi wallet. The latter exposes you to hundreds of DeFi platforms where you can earn passively, 500000+ tokens, and the expansive Web 3 environment.
3. Bybit – Buy Ripple on One of the Most Liquid Crypto Exchanges
ByBit has consistently ranked among the five most liquid crypto exchanges in the world. In 2022, for example, its daily trade volume for spot crypto averaged $3.4 Billion.
This, plus the fact that it supports more than 650 other cryptos and 1000+ pairs, makes ByBit one of the best places to buy Ripple tokens today. But liquidity and a user-friendly trading interface are far from being the only factors making ByBit one of the best crypto exchanges in the US.
ByBit also makes it here because it lets you buy XRP with debit cards, credit cards, and bank deposits. It also has multiple buy crypto options. These include the Buy Ripple instantly option that leverages their one-click buy feature. You could also open a limit order on their trading interface.
And if you wish to avoid crypto trading fees while using one of the 500+ local payment options supported globally, buy Ripple on the ByBit P2P trading platform.
ByBit also makes it here because of its commitment to keeping user data and funds safe. The multi-platform exchange has embraced multiple measures around both the web and mobile trading platforms, aimed at making them as safe to use as possible.
For example, ByBit doesn’t share sensitive client data with third parties. Secondly, ByBit provides users with an exchange-based wallet that holds 90%+ of their funds offline as well as a free non-custodial wallet app for iOS and Android. These are secured with a strong password and multi-factor authentication.
You may also consider using ByBit to buy ripple XRP because it not only lets you earn passively but also lets you invest in the next cryptos to explode early. To earn passively, use such integrated tools as copy trading and trading bots.
4. Kraken – Buy Ripple on the Safest Crypto Exchange
Established in 2011, Kraken is the oldest crypto exchange on this list. It is also one of the most popular and reputable exchanges – famed for its security. The exchange offers crypto custody services on its exchange-provided wallets, which hold 90%+ of client private keys offline – and has never been hacked.
This makes it one of the safest crypto exchanges for buying and holding your Ripple tokens.
Kraken also makes it here because of its user-friendliness. This is evidenced by a quick and straightforward account opening process as well as the highly intuitive trading interface. The exchange also presents you with multiple crypto-buying options. For starters, you can buy Ripple instantly on Kraken.
You may also choose to open a limit order via its trading interface. Alternatively, opt for the OTC trading order facilitated through the Kraken dark pool, which lets you buy XRP pseudonymously.
The Kraken crypto exchange also appeals to both beginner and expert investors in different ways. Novice investors are drawn in by its low deposit minimums – at $10, its straightforward client onboarding process, a highly intuitive interface, and support for multiple fiat payment options.
Experts are, on the other hand, drawn in by the integration of multiple advanced trading options, low fees, support for a large number of cryptos – 200+ and 400+ pairs, and security.
5. Huobi – Best Ripple Exchange for Competitive Fees
Huobi is one of the most popular crypto exchanges around and consistently features among the top 10 most liquid crypto trading platforms. Launched in 2013, the highly reputable exchange currently boasts more than 45+ million registered members spread across 100+ countries.
It has also extended support to more than 700 cryptocurrencies and facilitates trades of 1000+ crypto pairs. It is also multi-platform with one of the most vibrant crypto trading apps for iPhone and Android.
The exchange was recently renamed to HTX and made to our list of the best places to buy Ripple because of its low trading fees. It maintains a highly competitive and volume-based maker/taker fee structure for regular and pro investors.
Regular investors, referring to anyone whose monthly trade volume is less than 1000 BTC – is charged a base fee of 0.20%. HT token holders qualify for a discount on fees – up to 65%, depending on the amount of HT tokens held. Crypto trading fees for Pro investors, on the other hand, range between 0.046% and 0.0097%.
In addition to low fees, HTX makes it here because it exposes platform users to multiple highly rewarding passive income generators. These include staking – which pays interests of between 3.50% and 3850% APY for USDT and Bitcoin.
Others are dual investing, crypto loans, copy trading, and trading bots. In addition to spot crypto, ByBit lets you invest in crypto derivatives, options and futures, as well as NFTs.
If you wish to purchase crypto via one of the 500+ local payment options available globally, consider using the integrated Huobi peer-to-peer trading platform. High rollers who wish to trade pseudonymous and at some of the most competitive rates may use the Huobi OTC desk. Not forgetting that Huobi lets you margin trade crypto on the platform with leverages up to 5X.
What is Ripple (XRP)?
Ripple is a blockchain-based payment network and protocol created by Ripple Labs. It is a real-time global settlement system, remittance, and currency exchange network created with financial services providers across the world in mind.
The Ripple network is intended to replace SWIFT – the four-decade-old inter-bank communication tool – as the most preferred system for facilitating cross-border money transfers faster, safely and affordably. XRP is the native token for this network.
Ripple (XRP) Price Performance
A quick look at Ripple’s historical price chart reveals two key things. First has to be Ripple’s resilience and the second is the altcoin’s obedience to market trends. You will also notice that the altcoin has maintained an uptrending price action since its launch.
According to data from CoinMarketCap – which started tracking XRP price in November when it was selling for $0.00588 – Ripple peaked in January 2018, setting the current all-time high of $3.84. At the time, it had rallied more than 653000% above the introductory price.
Looking at the level of activity taking place on the Ripple network, however, you would have noted that XRP’s value loss was largely due to the extended bear market. And with its history of resilience and obedience to market trends, it was expected to rebound as soon as the market started recovering.
In the last quarter of 2020, the crypto market started gearing up for what would turn out to be its most aggressive price rally yet – the 2021 bull market. So did Ripple, and between August and the end of November 2020, XRP’s price rallied by more than 300% – from under $0.2 to $0.63.
Further uptrend would, however, be cut short by the SEC’s decision to charge Ripple Network and two of its top executives for breaching US security laws. These were accused of selling unregistered securities worth $1.3 Billion.
XRP couldn’t shake the negative impact this case had on its price soon enough, and this saw it miss out on the 2021 twin bull runs. It only recorded marginal gains in the first and second quarters of 2021, reaching $1.80.
These gains were, however, quickly erased by the 2022 crypto market crash and by the end of the year, Ripple was back to trading around the $0.30 price level. At the time of writing, XRP token prices are on a slow uptrend following the conclusion of the SEC vs Ripple case in which the US courts ruled in favor of the crypto company.
Is Ripple (XRP) a Good investment?
Yes, Ripple is a good investment because it has proved its resilience by not crumbling under the pressure of the SEC case. Plus, even though it hasn’t set a new price record since early 2018, it has maintained its position among the 10 most liquid cryptocurrencies.
Here are some of the reasons why you may want to invest in Ripple today:
Ripple is a revolutionary technology with a promising future. Analysts, investors, and forecasters are all confident that its growing adoption and limited supply will help keep its price on a sustained uptrend for the next few years.
Growing use case
Ripple is poised to be one of the most impactful blockchain technologies. The network not only impacts the real-time remittances niche but extends its services to international supply chain management, international bill payments, global currency accounts, and international P2P payments. All these are expected to drive the demand for XRPs – and, by extension, their price – through the roof.
You may also consider investing in Ripple today because it is selling at a highly discounted price – close to 90% below the early 2018 all-time high. Now that it has won the case against the SEC, we expect it to post one of the wildest upward price corrections during the next bull market.
Ripple has the backing of a large online community – consisting of retail investors, institutional investors, and even governments. These have helped keep its price uptrending and guard its position among the top 10 most valuable cryptos. This community is expected to drive XRP’s next price correction.
Backing of governments and financial sector
Even with an ongoing case with the SEC in the US, Ripple has been engaging and partnering with finance industry players and governments all over the world. The network has onboarded hundreds of financial institutions and close to 10 countries are currently building their CBDCs on the XRP ledger.
Risks of Buying Ripple (XRP) Today
Like any other cryptocurrency or conventional assets like stocks, investing in Ripple carries its fair share of risks. Here are a few that you need to familiarize yourself with before buying XRP:
The SEC in the US has already filed a motion to appeal the SEC vs Ripple case. Note that Ripple’s slow adoption and depressed price action can be directly attributed to this legal tussle. This implies an appeal will most likely continue impacting XRP’s price action and the network’s adoption.
Volatile price fluctuations
Ripple has a wildly volatile price action. The XRP price, for instance, slumped by close to 70% within days of the SEC making public its intention to sue Ripple in December 2020. It also isn’t unusual for XRP to rally or crash by double-digit percentages in a few hours or days. Only invest in Ripple if you can stomach such volatilities.
Ripple (XRP) Price Forecast for 2024, 2025, and 2030
Ripple’s win against the SEC and the inking of multiple impactful partnerships with key financial industry players across the world have helped keep XRP’s price on an uptrend. But we also acknowledge that the SEC is determined to nail Ripple and its management in what they consider a breach of security laws in the US.
Their incessant pursuit of this case has thrown XRP’s future into limbo and birthed confusion about the network’s sustainability and the future price action of the XRP token.
That said, here is the altcoin’s expected price performance in the foreseeable future:
XRP Price Forecast 2024
For the larger part of 2024, XRP recorded stellar performance – even rallying by close to 200% when it won against the SEC in July. Over the next few months, two key factors are expected to help keep XRP’s token price on this uptrend.
First is the pricing in of the many developments that took place on the XRP network since 2020. Secondly, the crypto market is expected to embark on a gradual but sustained uptrend in anticipation of a possible bull run triggered by BTC’s halving event in early 2024.
Taking these into consideration, experts are confident that XRP price forecasts will sell for between $0.70 and $1.40 by December 2024.
XRP Price Forecast 2025
There is a general agreement among investors, analysts, and forecasters that XRP will break into a run and set a new all-time high during the next bull market. This is expected to take place at some point in 2024 or early 2025.
During this bull run, XRP will not only be responding to a rallying market but investors will also be pricing the many developments that have taken place on the Ripple network since 2020. And by the end of 2025, XRP is expected to have broken parity with the US Dollar.
A possible full-blown price explosion will most likely be impeded by the SEC’s appeal. Putting all these into account, forecasters at DigitalCoinPrice and PricePrediction.net expect XRP to be worth around $1.82 in 2025.
XRP Price Forecast 2030
Ripple’s price action by the turn of the decade is mostly hinged on its success against the SEC, adoption by major financial institutions, and the success of its CBDC partnerships with different governments across the world. It will also be determined by the rate with which crypto is adopted globally and the crypto market performance.
If Ripple wins its appeal against the SEC, is adopted by major banking industry players, and the market rallies severally between now and 2030, there is no telling just how high the XRP price will jump. Shubham Munde, a senior analyst at Market Research Future, is on record having said that by 2030, XRP could be worth as much as $8.90.
Analysts at PricePrediction.net are equally optimistic and place Ripple’s performance by the turn of the decade and place its price around $12.80. But not everyone is optimistic about XRP’s future, with forecasters at DigitalCoinPrice arguing that Ripple will be worth a paltry $5.27 by 2030.
Most Popular Ways of Buying Ripple (XRP)
You now know where to buy Ripple, why you should consider buying the altcoin, and are familiar with its past and expected price action. In this section, we will be introducing you to the most common ways of buying Ripple on these crypto exchanges.
Buy Ripple with Credit card and Debit Card
Cards are one of the most accessible and convenient ways of making online payments. Today, virtually all the best crypto exchanges have integrated card payments and will let you buy Ripple with credit cards and debit cards.
You would want to buy XRP with cards because most crypto exchanges do not charge a deposit processing fee. Secondly, the deposit is processed immediately, which makes it possible to buy XRP instantly – minimizing slippage incidences. Further, cards have a decent maximum deposit limit – as much as $40,000 daily limit on such exchanges as eToro.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
Buy Ripple With PayPal
You can also buy Ripple with PayPal on a number of popular crypto exchanges. Some – like Coinbase and eToro – will let you buy XRP with PayPal and such other eWallets as Skrill and Neteller directly on the platform. The rest, including Binance, Binance, and Huobi will only support the purchase and sale of crypto using PayPal on their P2P trading platforms.
One of the reasons why you may want to consider buying XRP with eWallets is that they have some of the fastest deposit-processing speeds. Additionally, most exchanges won’t charge you a deposit processing fee. Lastly, crypto trading platforms maintain decent maximum deposit and withdrawal limits for eWallets processors – as high as $10,000 on such platforms as eToro.
Buy Ripple With Bank Transfer
Banks are arguably the most accessible payment method across the world. Today, virtually all the best crypto exchanges support bank deposits.
One of the perks of buying Ripple with bank transfers is that exchanges have high deposit maximums for bank transfers. eToro, for example, doesn’t have a maximum limit for bank deposits. Additionally, most crypto trading platforms do not charge a deposit processing fee for such transfers.
The downside to this, however, is that bank transfers aren’t processed instantly. In some instances, it may take days for the deposit to reflect in your crypto trading account – exposing you to slippage or locking you out of profitable trades.
What is the Best Ripple (XRP) Wallet?
The best crypto wallets can be grouped into three categories. First are custodial wallets provided by exchanges – like Binance and eToro – that provide crypto storage-as-a-service. These claim to hold most of your coins – usually more than 90% – in offline vaults with a few insuring what remains in the hot wallets.
Second are the non-custodial wallets, mostly web and mobile wallet apps for iPhone and Android. These can be exchange-provided like the eToro Money App or provided by third parties like Metamask. These encrypt the private keys for your crypto before depositing them to the root storage of your phone or PC.
While there are advantages to using either of the two above, we do not recommend them to security-conscious crypto investors. In their stead, we encourage all our readers to invest in a reputable, reliable, and ultra-secure hardware wallet. These not only give you absolute control over your assets but also store these assets offline – away from hackers and malware.
How to Buy Ripple (XRP) – Step-by-Step Beginners Guide
In this section, we will be providing you with a detailed walkthrough of the Ripple buying process on eToro. The process is straightforward, only takes a few minutes and you only need $10 to start investing in XRP.
Step 1: Register a crypto account
Open the eToro.com website or download the eToro trading app from the Play Store or App Store. Hit the “Join Now” to create a free eToro trading account on either platform. Fill out the registration that appears by entering your basic personal information. You will also need to come up with a unique username and strong password for this account.
Step 2: Verify your identity
The eToro registration process is only complete after you have verified your identity. Simply submit a picture of your driver’s license or passport and wait for an email notification informing you of the account approval – usually within 24 hours.
Step 3: Deposit funds
Log in to the approved trader account and hit the “Deposit Funds” button. A funding tab will pop up indicating all the payment options available to you – based on your country of residence. Choose one and follow the prompts to deposit at least $10 into eToro.
Step 4: Search for Ripple
After the deposit is reflected in your account, use the search bar to find the crypto by keying in the word “Ripple” or “XRP.” Hit the ‘Trade’ button that appears.
Step 5: Buy Ripple
Hit the “BUY” option against the Ripple and a trading tab will appear. Use it to customize the trade by indicating how much to invest in Ripple. Hit the “Open Trade” button to execute this trade. The brokerage will immediately debit your cash account and deposit private keys for the XRP tokens in your platform-based wallet.
Crypto asset investments are highly volatile and speculative
Step 6: Set up the Wallet App
You will need to download the eToro Money wallet app on your phone if you wish to withdraw the XRP you just purchased or transfer it to another wallet or exchange. After installing the wallet on your phone, use the credentials created in Step 1 above to log in. Link the wallet with the crypto trading account and move funds from the trading account to the wallet. You will be charged a 0.5% crypto transfer fee – capped at $50.
How to Sell Ripple (XRP)
The process of selling Ripple on eToro is equally easy and straightforward. Start by logging back onto the account and on the user dashboard, click on the “Portfolio” icon. An eToro page will pop up indicating all your trades that are still open on the crypto brokerage.
Choose Ripple and hit the “SELL” icon. Use the trading tab that pops up to indicate how many Ripple tokens you want to sell and hit the “Open Trade” button to execute this sale.
eToro will debit the crypto wallet account and deposit the fiat equivalent into your cash account. You may then use this cash to buy some of the best altcoins on the platform – like Shiba Inu, Ethereum, or even USDT. Alternatively, you may choose to withdraw the cash. Note that eToro has a withdrawal limit of $30 and charges a withdrawal processing fee of $5.
Conclusion – Where to Buy Ripple (XRP) Today
Ripple is one of the best cryptos to buy in the digital currency space and has been listed by virtually all the top crypto exchanges. The Ripple network recently won a court battle against the SEC in the US that had dragged on for close to three years. This has inspired a lot of hope about XRP’s future price action.
To help you get in on what promises to be a lucrative upward price correction, we prepared this where to buy XRP guide. Here, we went over how to buy Ripple today and everything else you need to know about XRP before investing in the digital currency.
Want to jump straight to buying XRP right away? Use the step-by-step guide to investing in Ripple that we have outlined here. It teaches you how to invest in cryptos like Ripple on eToro in less than 10 minutes and with as little as $10.
Reviewed and Fact Checked by Kamal Masri, Crypto Writer and Investment Analyst.
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Cryptoassets are a highly volatile unregulated investment product.
FAQs on Buying Ripple (XRP)
Should you invest in Ripple today?
Yes, you should consider investing in XRP today because it is a profitable digital asset with a highly promising future. It has also proved its resilience and obedience to market trends. These and its recent win against the SEC has the investment community convinced that XRP is about to blow up, which makes now the best time to invest in the altcoin.
What is the best exchange to buy XRP right now?
We would recommend buying XRP on eToro because the platform is user-friendly, maintains highly competitive fees, and lets you buy cryptos instantly. It is also safe and has never been hacked.
How do I buy Ripple?
It is simple. Start by creating a crypto trader account with your preferred regulated crypto exchange/brokerage, verify your identity, fund this account, identify Ripple, hit the 'BUY' button, and customize that trade to indicate how many XRP tokens you intend to buy.
Which is the better buy, Bitcoin or Ripple?
If you are looking for relative stability and the surety of growing your capital in the next bull market, buy Bitcoins. Ripple is reserved for the more risk-tolerant investors who are willing to take a gamble with the altcoin for a chance to make outsized gains when it eventually blows.
Is it too late to buy Ripple?
No, it is not too late to buy Ripple because it still sells at a highly discounted price despite being a revolutionary crypto asset with a promising future and a limited supply.