Buy XRP (Ripple) in Australia

Ripple Price

1 XRP / AUD 0 .57840
+0.22%
Aud Australian Dollar
Xrp Ripple

How to buy XRP (Ripple) in Australia

Register, deposit and trade in 5 minutes.
  • 1. CREATE ACCOUNT

    It’s FREE to join!

    Sign up is fast, secure and designed to keep your data protected.
  • 2. DEPOSIT FUNDS

    PayID, NPP or ETF

    You can instantly deposit funds into your account 24/7 via PayID. NPP or your Australian bank account.
  • 3. BUY XRP (Ripple)

    Low trading fees

    Enter the dollar amount you want to trade for XRP (Ripple) and click “Buy XRP”.

What is XRP?

XRP is a cryptocurrency and the native digital asset of the XRP Ledger. It is widely known as a token of exchange used for international transfers. Unlike most cryptocurrencies, XRP currency is pre-mined. Upon launch, 100 billion XRP tokens were initially created and distributed to the public periodically. Ripple Labs owns a large portion of XRP tokens, which gives the company a controlling interest in the network. This is done to nurture the project’s growth and ensure that the cryptocurrency is successful over time. The remaining tokens are held in reserve and released regularly into the market through sales.

XRP or Ripple?

XRP is often referred to as Ripple. The connection between the two makes it easy for people to mistake using them interchangeably. However, XRP and Ripple are entirely separate. To put it simply, XRP is a decentralised cryptocurrency, whereas Ripple is a for-profit company that develops software for fast global financial settlements. Ripple utilises XRP and XRP Ledger to facilitate fast and cost-efficient cross-border payments.

Ripple doesn’t own XRP or XRPL. The company is merely a contributor to the network, with the same rights as other contributors. XRP and XRPL are developed and maintained by an independent entity called the XRP Ledger Foundation.

Buy XRP (Ripple) on the go

Buy and sell XRP (Ripple) and other popular cryptocurrencies anywhere, anytime with the Independent Reserve app.

Frequently asked questions

The best place to buy XRP (Ripple) in Australia

See why we are voted Australia’s best cryptocurrency exchange
  • Lower fees

    Lower fees

    Trading from 0.5% down to 0.02%
  • 24/7 support

    24/7 support

    Our team of experts are on hand to help with any issue you might have
  • Voted #1

    Voted #1

    Digital Currency Exchange of the Year 2019-2021

How we treat client assets

No commingling of customer funds: We keep client assets completely separate from our own.
1:1 reserves

1:1 reserves

We keep 1-to-1 reserves of all client fiat and crypto assets.

We hold the vast majority of crypto assets in secure offline cold storage, protected in underground vaults with maximum security.

Audited

Audited

Our books are balanced and we carry no debt on our balance sheet. We engage external auditors to undertake an annual audit of our financial statements in accordance with Australian Accounting Standards. This includes verification of all fiat and crypto balances held in custody on behalf of clients.

Segregated funds

Segregated funds

We maintain complete segregation of our customers’ crypto and fiat assets. We ensure that your funds are kept safe so that when you need to make a withdrawal, you can. That is our promise.

Sole custodian

Sole custodian

Independent Reserve is a sole custodian of all crypto assets held on our platform. Custody is managed in Australia and we do not use any third party custodians.

We adhere to industry best practices and never lend, trade or reinvest your assets.

Explore our features

Buy XRP (Ripple) with your SMSF

We are trusted by thousands of SMSFs to purchase crypto. We provide:

  • A streamlined banking solution
  • Compliant, audit-friendly reporting
  • Premium grade security
  • OTC trading desk

XRP (Ripple) OTC desk

Our over-the-counter (OTC) trading desk offers deeper liquidity and a private, more personalised service for institutional investors and high-net-worth individuals who need to fill large orders that might be too price-disruptive on open markets at exchanges.

Whether you are looking to trade XRP (Ripple) (XRP) or other cryptocurrencies OTC from $50,000 to $50 million, our industry-leading desk will provide you with seamless trade execution and settlement services that are discreet, secure and ultra-competitive.

Get started today

Register, deposit and trade in 5 minutes.

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