Sell RLUSD in Australia (Ripple USD)
How to sell RLUSD in Australia
Register, deposit and sell in 5 minutes
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1. Create account
Securely create your personal, SMSF or business account and verify your identity.
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2. Deposit
Instantly deposit RLUSD and other crypto assets 24/7.
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3. Sell RLUSD (Ripple USD)
Place a market or limit sell order. Alternatively, use our OTC desk for high-value trades.
There are multiple ways to sell
Market sell
Limit sell
OTC sell
Auto & API sell
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Your trusted cryptocurrency exchange
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Made for you
Create a personal, SMSF or business account. Access the award-winning platform 24/7 using the website or mobile app.
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Instant deposits and withdrawals
Access the cryptocurrency market 24/7. Instant AUD deposits and withdrawals to and from your bank account.
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Low fees
Trading fees start at 0.5% and go down to 0.02%. Free EFT bank withdrawals. Low fees apply to instant, crypto and SWIFT withdrawals.
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Multi-currency trading
Buy and sell RLUSD and other popular cryptocurrencies with AUD, NZD, or USD.
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Sell RLUSD on the go
Buy, sell and track your cryptocurrency portfolio, anywhere and anytime with the Independent Reserve app.
Awards & Recognition
Join over 500,000 happy customers
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As someone who has integrated to over 20 crypto exchanges via their APIs, I can say Independent Reserve has the best API documentation by far.
Their customer support is also excellent which is something most exchanges sadly lack these days.
Nick AddisonConsenSys -
I organise and host blockchain meetups and conferences and am always hearing very positive things when it comes to Independent Reserve which is why I always recommend them.
They are by far the most trusted crypto exchange in Australia for consumer trading as well as institutional investment, and offer a great 'open order book' unlike most other Australia exchanges.
Lucas CullenBlockchain developer -
I find Independent Reserve to be one of the easiest, smoothest cryptocurrency exchanges that I use.
The client onboarding process was simple, it is easy to deposit funds and I particularly like the transparency of market depth and speed of execution.
Claire Wivell PlaterManaging Director, The Fold Legal Pty Ltd
Protecting your assets is our top priority
No commingling of customer funds: we keep client assets completely separate from our own.
1:1 reserves
We maintain a full 1:1 reserve of all client fiat and crypto assets.
An insured, enterprise-grade Qualified Custodian holds the vast majority of our clients’ digital assets in cold storage.
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
We do not commingle customer funds. We maintain complete segregation of all client assets to ensure that when you need to make a withdrawal you can.
We keep your assets safe. That is our promise.
Secure custody
An insured, enterprise-grade Qualified Custodian holds the vast majority of our clients’ digital assets in cold storage.
We adhere to industry best practices and never lend or trade your assets.
What is RLUSD (Ripple USD)?
Ripple USD (RLUSD) is a stablecoin pegged one-to-one to the US dollar, offering stability, efficiency, and strong regulatory compliance. Designed for a variety of applications, including cross-border payments and decentralized finance, RLUSD addresses the growing demand for a reliable and compliant digital asset. It is issued on both the XRP Ledger and Ethereum networks, utilising the strengths of each to cater to a broad range of users. Ripple, a regulated financial institution, ensures that RLUSD meets all relevant regulatory requirements, leveraging its global portfolio of licenses to maintain compliance.
Each RLUSD token is fully backed by a reserve consisting of USD fiat and cash equivalents, such as government money market funds and short-term US Treasury Bills, held at US-based financial institutions. This ensures the stablecoin’s value is always aligned with the US dollar. RLUSD is designed with enterprises in mind, particularly institutions and payment providers, focusing on transparency and regulatory adherence. Monthly reserve attestations will be provided by an independent US-based certified public accountant, further enhancing trust and transparency.
RLUSD is issued by Ripple's subsidiary, Standard Custody and Trust Company (SCTC), which is chartered by the New York State Department of Financial Service.
Get started today
Register, deposit and trade in 5 minutes.