5 Best Places to Buy XRP in 2022

Ripple’s native digital currency, XRP, lists among the top 10 cryptocurrencies by market capitalization. Wondering how to buy the coin?

We’ve analyzed some of the most popular crypto exchanges to find the best place to buy XRP. Our detailed reviews may also encourage you to investigate what else you can do for your portfolio, such as invest in altcoins, purchase stocks, or begin staking for lucrative rewards.

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Top 5 Places To Buy XRP in 2022

1. BitStamp

An industry veteran, Bitstamp is among the safest and most reliable platforms to buy XRP. Accessibility, low fees, and mobile apps make it easy for investors to get started, while the staking options attract more experienced investors. Full Review

  • In the cryptocurrency market since 2011
  • Professional trading tools
  • Low trading fees

An industry veteran, Bitstamp is among the safest and most reliable platforms to buy XRP. Accessibility, low fees, and mobile apps make it easy for investors to get started, while the staking options attract more experienced investors. Full Review

2. Crypto.com

Available in 100+ countries, Crypto.com is a popular option for buying and selling a broad selection of cryptocurrencies. Besides offering a variety of crypto tokens, the platform offers a range of services, including crypto loans and interest accounts. Full Review

  • More than 250 cryptocurrencies available
  • Integrated trading bots
  • Visa rewards card

Available in 100+ countries, Crypto.com is a popular option for buying and selling a broad selection of cryptocurrencies. Besides offering a variety of crypto tokens, the platform offers a range of services, including crypto loans and interest accounts. Full Review

3. eToro

eToro is a one-of-a-kind trading platform that not only allows you to invest in a range of different assets but to copy other investors’ trades. As a social platform for investors, it encourages the exchange of ideas and advice, which crypto enthusiasts of all experience levels appreciate. Full Review

  • Social investment platform
  • Cryptocurrencies, stocks, and commodities
  • More than 25 million users

eToro is a one-of-a-kind trading platform that not only allows you to invest in a range of different assets but to copy other investors’ trades. As a social platform for investors, it encourages the exchange of ideas and advice, which crypto enthusiasts of all experience levels appreciate. Full Review

4. Kraken

Kraken is the answer for anyone wondering how to invest in XRP. The exchange has some of the most competitive fees and advanced staking options and is working on opening its NFT marketplace. Full Review

  • Range of different staking options
  • Apps for experts and beginners
  • Soon to become a crypto-bank

Kraken is the answer for anyone wondering how to invest in XRP. The exchange has some of the most competitive fees and advanced staking options and is working on opening its NFT marketplace. Full Review

5. Uphold

Besides having more than 130 cryptocurrencies on the exchange, Uphold also has staking rewards, equities, and precious metals available for its users. The platform also integrates with the Brave browser and supports automated trading. Full Review

  • Up to 19.5% APY on your crypto portfolio
  • Pay with crypto, stocks, or metal with Uphold Mastercard
  • Solutions for businesses

Besides having more than 130 cryptocurrencies on the exchange, Uphold also has staking rewards, equities, and precious metals available for its users. The platform also integrates with the Brave browser and supports automated trading. Full Review

Our Top Picks of Platforms to Buy XRP in 2022

  • BitStamp – Best for intermediate and experienced crypto traders
  • Crypto.com – Best for automated trading
  • eToro – Best for social trading
  • Kraken – Best for fee-conscious crypto traders
  • Uphold – Best for investors in diverse assets

Detailed Reviews

BitStamp
BitStamp

BEST FOR

intermediate and experienced crypto traders

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  • Number of cryptocurrencies: 70+
  • Accepts fiat: yes
  • Trading fee: up to 0.5%
  • Wallet app: yes
  • Staking: ETH, ALGO
  • Other assets: N/A

Founded in 2011, Bitstamp has established itself as a secure and regulated platform. That’s why, for most users, it’s the best exchange to buy Ripple (XRP) on, along with many other cryptocurrencies.

Ease of use

Bitstamp registration is simple and quick. You can deposit funds and begin trading after filling out your basic information and completing the KYC (know your customer) procedure. There are more than 70 cryptocurrencies available, including DeFi, stablecoins, NFT, and layer 1 and 2 tokens.

Smartphone apps for the platform are available on Google Play and the App Store and are convenient to use. You can receive and send funds straight to your Bitstamp account and trade without difficulties since you can connect your bank account with the app.

Things we liked and disliked

The benefit of using Bitstamp is that it gives you easy access to a staking platform, where you can earn rewards for your existing assets. Currently, though, only Ethereum 2.0 and Algorand are supported, with APYs of 4.23% and 5%, respectively.

Crypto and XRP trading can be done through Tradeview, a professional trading portal with API connectivity. Although features-packed, Tradeview can be confusing for beginners.

Fees

Bitstamp’s trading fees depend on your total 30-day volume and range from 0% to 0.5%. The highest fee is for staking at 15% of the total rewards earned by the pool.

Crypto withdrawal fees are fixed and depend on the token.

Security

To provide maximum security, Bitstamp stores 98% of users’ assets in cold storage. The holdings are also secured through BitGo’s custodial service and covered by BitGo’s insurance.

Pros Cons
Quick registration process Tradeview is complicated for beginners
Insured assets and cold storage
ETH and ALGO staking

Our verdict

Bitstamp is a great platform for investors interested in XRP. It has an established presence in the market, offering Crypto-as-a-Service to financial institutions with reliable security for investors.

Crypto.com
Crypto.com

BEST FOR

automated trading

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  • Number of cryptocurrencies: 250+
  • Accepts fiat: yes
  • Trading fee: up to 0.4%
  • Wallet app: yes
  • Staking: CRO and 36 other tokens
  • Other assets: N/A

XRP exchanges like Crypto.com are perfect for users that want to start investing in many different crypto assets and have their portfolio earn more for them. The company, founded in 2016, now has more than 50 million users and serves as a central point for investors using various financial services.

Ease of use

With its app available in more than 100 different markets, Crypto.com is a cryptocurrency exchange, lending service, NFT marketplace, and crypto wallet.

The registration process is what you would expect from a regulated financial platform. Before you start trading, you need to verify your profile.

Its mobile applications for iOS and Android have more than 10 million downloads across platforms with high user ratings.

Things we liked and disliked

Crypto.com has XRP and more than 250 other cryptocurrencies on the platform, including BTC, ETH, SOL, EOS, BCH, ADA, and DOT, among the most prominent ones. Furthermore, Crypto.com uses its native cryptocurrency, Cronos (CRO), to provide lower fees, rewards, and other benefits on the platform.

Crypto.com has an integrated Visa prepaid card you can top up using bank account transfers, other credit/debit cards, or cryptocurrency. It provides multiple benefits and rewards for users but, unfortunately, isn’t available everywhere. For now, it’s limited to the US, EU, Singapore, Asia-Pacific, and Canada.

Crypto.com also recently added trading bots, allowing the platform to execute your trading strategy even when you are not overseeing it.

Fees

The cheapest way to buy XRP is to stake CRO and increase your trading volume. This way, you can potentially reduce your trading fees from 0.4% to 0%. Withdrawal fees for cryptocurrencies are fixed for each token. The only difference is that withdrawals on the Cronos network are significantly cheaper.

Security

Crypto.com is one of the safest exchanges in the market. All crypto assets are stored in cold storage, while fiat currencies are held in regulated, FDIC-insured custodian banks.

Pros Cons
Lending and interest accounts Limited availability of Crypto.com Visa Card
Great selection of cryptocurrencies
Widely available

Our verdict

For a large portion of the crypto community, Crypto.com has become a popular choice. With a variety of services available, the platform provides flexible investment opportunities coupled with utmost security.

eToro
eToro

BEST FOR

social trading

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  • Number of cryptocurrencies: 60+
  • Accepts fiat: yes
  • Trading fee: 1%
  • Wallet app: yes
  • Staking: N/A
  • Other assets: stocks, ETFs, indices

Another XRP trading platform that you shouldn’t miss out on is eToro. This is a single place where you can invest in stocks, cryptocurrencies, indices, ETFs, commodities, and other fiat currencies. In addition, its social trading features may be just what you need.

Ease of use

Since eToro is a combination of social media and a trading platform, it provides a unique opportunity for investors to collaborate and share their investment strategies. You can easily copy what other users are doing by checking out their profiles.

The dashboard allows for a clear view of all assets, showcases what’s trending, and publicly displays the most successful investors in the field.

Android and iOS applications are available for eToro, so you won’t miss potentially lucrative trades while on the road.

Things we liked and disliked

Aside from eToro, where can you buy XRP and access a diverse set of assets? There aren’t many platforms that offer so much.

The number of stocks you can buy on the platform is rather limited. There are only 50 of them, but having at least some selection on a single investment platform is convenient.

Unfortunately, the eToro Money debit card is only available for the UK, while the payment service is limited to the UK, Cyprus, Ireland, and Romania.

Fees

There are no commission fees when you open or close your stock position. However, the platform has a 1% flat fee when you are selling or buying crypto on the platform. There are no different user tiers with lower fees for higher volume.

Security

eToro is a secure platform for users to buy XRP with PayPal, credit cards, debit cards, Skrill, and a variety of other payment methods. It is regulated by the FCA, CySEC, and ASIC.

Pros Cons
Copy trades eToro Money not widely available
Social network
Multiple assets

Our verdict

After reviewing what eToro has to offer, we can recommend it to traditional investors who want to expand and diversify their portfolio. Even if you are a crypto investor only, copying trades from other users will be a useful option for you.

Kraken
Kraken

BEST FOR

fee-conscious crypto traders

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  • Number of cryptocurrencies: 100+
  • Accepts fiat: yes
  • Trading fee: 0% to 0.26%
  • Wallet app: yes
  • Staking: ADA, ETH, SOl and 10+ other tokens
  • Other assets: NFTs coming soon

Kraken is one of the first cryptocurrency exchanges on the market, launched in 2013. It’s used by more than nine million users across 190 different countries. Now the company is looking to expand by establishing a US-based crypto bank.

Ease of use

Kraken is a popular exchange and the go-to place to buy XRP in the USA, and you can do so in just a few easy steps. Signing up for an account only takes a few minutes, and you don’t have to complete the detailed verification if you want to buy XRP with other cryptocurrencies. For cash deposits, you must go through the KYC process.

The exchange has two versions of its mobile app – Kraken and Kraken Pro. The standard version is more user-friendly for beginners, whereas the Pro version includes low fees, staking, advanced trading tools, and extensive liquidity.

Things we liked and disliked

Kraken has more than 100 cryptocurrencies available, and you can trade with XRP, BTC, ETH, EOS, ZEC, ETC, ADA, and many other coins. Another nice feature is that the exchange has staking options for 12 coins, and you can earn up to 23% annually on your staked assets. Kraken users have earned over $100 million in rewards so far.

The exchange is currently developing its NFT market, where you’ll be able to collect NFTs from multiple blockchains.

Fees

Kraken’s fees go down to as little as 0%, and most traders that start with the Kraken Pro app will pay only 0.16% maker and 0.26% taker fees. Processing payment card purchases is subject to a 3.75% fee.

Security

The exchange uses a number of security protocols, the most crucial of which include encryption, cold storage, and round-the-clock monitoring.

Pros Cons
Margin trading High fees without Kraken Pro
Suitable for beginners and experienced traders
Futures

Our verdict

Making an XRP purchase in the USA is easy with Kraken. With multiple trading tools, there are plenty of options for you to add XRP to your portfolio.

Uphold
Uphold

BEST FOR

investors in diverse assets

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  • Number of cryptocurrencies: 130+
  • Accepts fiat: yes
  • Trading fee: 0.8% to 1.2%
  • Wallet app: yes
  • Staking: ETH, SOL, ADA, and nine more
  • Other assets: stocks, precious metals

Since 2015, Uphold users have made more than $4 billion in transactions. The platform is available in more than 180 countries, and you can trade directly between all assets available on it.

Ease of use

Uphold is one of the most convenient places to buy XRP in the US. It’s also a digital wallet, a stock and commodities exchange, and a trading platform with its own debit card from Mastercard.

With Uphold, you can earn rewards for staking 12 different cryptocurrencies, such as ETH, SOL, TRX, and DOT, for up to 19.5% APY per year. This is made even more convenient with the easily accessible mobile apps.

Furthermore, if you are a Brave browser user, you can collect rewards in the form of BAT tokens directly on Uphold.

Things we liked and disliked

We liked that Uphold offers plenty of flexibility for investors and diverse options to invest in. It’s also an environmentally conscious platform, which allows for supporting projects that combat climate change.

Uphold also features automated trading, allowing for dollar cost averaging to reduce the impact of volatility on your investment.

Stock investors will be happy to hear that the platform offers the opportunity to invest in fractional equities as well, not requiring you to buy a whole stock of expensive companies.

On the downside, Uphold lacks advanced charting and other features aimed at seasoned and active traders.

Fees

With Uphold, you can buy XRP in the USA, but with higher than average fees. On this cryptocurrency exchange, US and EU residents usually pay a spread of 0.8% to 1.2% on BTC and ETH, while tokens with low liquidity, including XRP, are subject to higher fees.

Special offer: from Oct 5, 2022 to Jan 5, 2023, all Uphold customers will be automatically eligible to receive a 0.0% spread on any transaction between fiat currency and Bitcoin (BTC). Meaning — No deposit fees, trading fees or commission apply when BTC is traded on Uphold.

Security

Uphold is independently audited and monitored 24/7 for any threats and irregularities. The platform stores roughly 90% of users’ digital assets in cold storage, while the remaining 10% are held in secure online servers.

Pros Cons
Multi-asset platform High fees on low liquidity tokens
Mastercard debit card
Integration with Brave browser rewards

Our verdict

While Uphold has a wide selection of services, it’s not necessarily just a place to buy rare cryptocurrencies. Rather, it’s a convenient platform for investors interested in diverse assets and earning rewards on their staked tokens.

How to Buy XPR

Anyone interested in investing in XRP will have multiple platforms to choose from. We’ve reviewed some of the most popular globally accessible and regulated exchanges.

And now, here are the steps required to buy XRP in the USA and other supported regions.

Choose a platform that offers XRP

There are a few different ways to buy XRP and other crypto tokens. The most common approach is to use a cryptocurrency exchange. Here you can exchange XRP for other cryptocurrencies or fiat currencies such as the US dollar. Before selecting an exchange, it’s essential to compare its features and fees, as there are numerous options available, and some are more expensive and less secure than others.

There are also companies, such as eToro, that were initially developed as trading platforms and subsequently integrated cryptocurrencies. These provide a different set of features and may be a better option for those seeking an all-in-one solution.

Register for an account

After finding what exchanges sell XRP, you will need to create an account. Typically, this is a straightforward procedure that requires you to submit personal information, such as your name and email address. You may also be required to verify your identity before making a deposit.

Deposit funds

Depositing funds into your account is the next step. Credit or debit cards, bank transfers, cryptocurrencies, even PayPal can all be used for this. Depending on the platform you’re using, there may be slight variations in the procedure. You’ll be able to purchase XRP once the money has been deposited.

Buy XRP

The final step is to buy XRP. Depending on the exchange you use, you may be required to purchase BTC before exchanging it for XRP. Alternatively, you may be able to directly purchase XRP with fiat currency or another crypto.

Final Thoughts

With the cryptocurrency market in flux, XRP has emerged as a reliable and in-demand altcoin. As an asset linked to the Ripple Network, it promises to bring real-time payments with almost no fees all over the world. It is also a viable option for providing instant liquidity for cross-border payments, which is why payment networks and banks value it so highly.

The companies we’ve listed are among the best platforms to buy XRP on. Consider these solutions and find the one that suits you best.

FAQ

What is the easiest way to buy XRP?

Using a cryptocurrency exchange is the simplest way to purchase XRP. Sign up for an account, deposit funds, and then purchase XRP. In our guide, we’ve identified some of the best ones that also have mobile applications, making it even easier to start investing.

What platform can I buy XRP on?

You can buy XRP on multiple platforms, and we’ve found some of the best. Our top suggestions are Bitstamp, Crypto.com, eToro, Kraken, and Uphold.

Can you buy XRP on Crypto.com?

Yes, you can buy XRP on Crypto.com. The exchange has more than 250 cryptocurrencies, so it’s also a go-to place to find some of the rare tokens that aren’t as widely available.

Is it a good idea to buy XRP now?

At the time of writing, the cryptocurrency industry is in a bear market, which means that prices for all crypto tokens, including XRP, have fallen. If you invest now, it is safe to assume that the price will rise at some point in the future.

Keep in mind that the cryptocurrency market is constantly changing, making it difficult to determine the best time to invest. XRP, on the other hand, has been well positioned and has the potential to grow in the future. That’s why we’ve looked for the best place to buy XRP, and we’re confident that with our help, you’ll be able to make the right decision.