The Easy Four-Step Guide to Buy and Invest in Ripple (XRP) in 202

There was a time when Ripple (XRP) was valued at $3 per XRP and investors speculated it had the potential to reach $100. While those speculations failed to materialize, XRP has still been one of the favorite crypto assets for long-term investors and traders alike.

If you have not yet invested in XRP but are looking for the easiest way to do so, we’ll help you with the process. In this blog, we have outlined the easiest way to buy XRP in just four simple steps. By the end of this blog, you will know the exact process to buy XRP and you will have the answers to the frequently asked questions about buying XRP. Let’s dive in.

Update: The United States Securities and Exchange Commission sued Ripple, its founder, and the chairman for illegally selling the XRP token, which the SEC called unregistered security. XRP faced a sudden plunge in its price after the company was sued but has since regained stability. Its price has also soared considerably since then.

Summary for Fast Readers

— Create an account on a suitable cryptocurrency platform that supports the buying and selling of XRP.

— Add funds to your account to buy XRP or get XRP credited to your account by directly paying through your credit or debit card.

— Trade XRP regularly on the exchange platform or hold them for the long-term.

Step by Step Guide to Buy Ripple (XRP)

Step 1: Choose a Platform to Buy Ripple (XRP)

Choosing the right exchange can make or break your XRP investment game. There are factors such as your location, the legality of an exchange platform in your region, currency support, and the type of exchange that can make a huge difference in your XRP buying experience. After the SEC sued Ripple, it has become even more difficult to find an exchange that lists XRP. Many exchanges including Coinbase have unlisted XRP from their platform.

Before you sign up on an exchange to buy XRP, here are the things you must consider:

  • Your location: Not every exchange is supported or has the licensed to operate in all regions. It is always best to choose an exchange that has services specific to your country or region. For example, there are global exchanges like Binance that also have their subsidiaries in other countries.
  • Currency support and trading volume: If you want to buy XRP, firstly, the exchange you choose must support XRP. Secondly, XRP should be paired with a currency you want to trade with. If you want to buy XRP using EUR, make sure that the exchange of your choice has an XRP/EUR pair. Or, if you want to buy XRP with BTC, the exchange should support XRP/BTC pair.

    Also, try to choose a platform that has a high trading volume of XRP pairs. That way, it will be easier for you to buy and sell XRP at the best market price almost instantly.
  • Withdrawal options: Many exchanges only support cryptocurrencies. This means they accept deposits and withdrawals only in cryptocurrencies. If you prefer to transact your funds in fiat currencies to your bank account, choose an exchange that supports fiat withdrawals.
  • Security: The level of security of an exchange is crucial for the security of your funds. And with exchange hacks being extremely common, you should only choose exchanges that implement the best security measures.

Step 2: Create an Account

The first step is also the most crucial in making your experience of buying XRP smooth and easy. Once you finalize the exchange you want to use, you will have to set up an account on it. To do so, any regulated exchanges will require you to complete a KYC process. Provide your details such as name, ID, and phone number to get your account approved and start investing in XRP.

Step 3: Fund Your Account to Buy Ripple (XRP)

When your account is KYC-approved, you can add crypto or fiat funds to your account depending on what currency you want to use to buy Ripple. Additionally, many cryptocurrency exchanges also allow users to directly get XRP credited into their accounts by making a debit or credit card payment. If the platform of your choice supports such a transaction, you can get your hands on XRP by making a payment similar to how you shop on an eCommerce store.

Step 4: Buy Ripple (XRP) and Start Investing

Having funded your account with your preferred fiat or cryptocurrency, you can choose the appropriate trading pair on the cryptocurrency exchange and buy XRP. After you have bought XRP for the first time, you can either start trading it on the exchange or hold it as a form of long-term investment. 

You should move your XRP holdings to an XRP-compatible crypto wallet if you intend to hold it for the long term. This will make your funds more secure against hacks and thefts.

Warning: You should be extremely careful before investing in XRP as SEC sued its parent company Ripple.

Where Can You Buy Ripple (XRP)?

Update: We have changed the list of exchanges where you can buy XRP after some of the listed exchanges unlisted XRP from their platform.

  • Bitstamp
  • OKEx
  • Binance
  • Huobi Global
  • Kraken

FAQs About Buying and Investing in Ripple (XRP)

Does a Ripple stock exist?

As of now, Ripple has not registered its company with any stock exchange. This means there are currently no Ripple stocks apart of what the company, investors, and employees own. As an individual investor, you can buy XRP to have your stake in the network.

Is XRP a good investment?

The price history of Ripple (XRP) shows that its value has appreciated immensely since its launch. However, XRP, like all other investment assets, is prone to market volatility. Investors must conduct proper research before investing in any type of asset.

Can XRP reach $1,000?

During the crypto bull run of 2017, many investors speculated that XRP would reach $100. Those speculations were a bit of a far stretch considering XRP’s all-time high is only $3. It is quite certain that XRP will not reach $1,000 in the near future.

Is XRP worth buying?

XRP’s value has appreciated by hundreds of percent since it launched almost eight years ago. But the future of an asset is hard to predict based solely on its past performance. You must do your own research before buying any cryptocurrency.

What will XRP be worth in 2025?

It is difficult to predict what XRP will be worth in 2025. The price of XRP depends on the demand it creates among crypto users. If more users start using XRP by 2025, XRP’s price may increase considerably.


Even though the SEC has pressed charges against Ripple and its top executives, XRP continues to exist as one of the top cryptocurrencies. Some cryptocurrency exchanges have also unlisted XRP after community complaints and due to the fear of legal action but many others continue to offer XRP trading on their platform. It will not be a hassle whether you want to buy XRP using a fiat currency or cryptocurrency. All you need to do is choose the right exchange, create an account on it, and start investing in XRP.