Buy XRP (Ripple)
How to buy XRP (Ripple)
1. CREATE ACCOUNT
It’s FREE to join!Sign up is fast, secure and designed to keep your data protected.
2. DEPOSIT FUNDS
SWIFT, PayID, NPP or EFTDeposit USD, AUD or NZD using SWIFT, PayID or NPP.
3. BUY XRP (Ripple)
Low trading feesEnter the dollar amount you want to trade for XRP (Ripple) and click “Buy XRP”.
What is XRP?
XRP is the native cryptocurrency of the XRP Ledger. It is used to facilitate cross-border payments. It has also been designed to offer a real-time gross settlement system (RTGS), asset exchange, and remittance network.
XRP is unique in the way that it’s a pre-mined currency. Unlike other cryptocurrencies, 100 billion XRP tokens were already created on its launch, with no way of creating more. Ripple Labs holds a large portion of XRP tokens which are released to the market periodically. Any XRP that is not in circulation is stored in escrow.
Faster and cheaper settlements
XRP is designed to settle fast and cheap transactions. It runs on the XRP Ledger (XRPL) blockchain, which operates differently than most cryptocurrencies. It uses a consensus system where validators verify transactions by comparing the information they receive according to the same rules. This will solve the double spending problem and improve the system’s integrity to become faster, cheaper, and more energy-efficient.
Another aspect of XRPL’s speed is its hashing algorithm called HashTree. It doesn’t need to compare every piece of information in the ledger. Instead, it verifies transactions by comparing a single value that condenses all the data in the ledger. As a result, XRPL accomplishes transaction settlements in about three seconds.
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)
Lower feesTrading from 0.5% down to 0.02%
24/7 supportOur team of experts are on hand to help with any issue you might have
Voted #1Digital Currency Exchange of the Year 2019-2021
How we treat client assets
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.
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.
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.
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, sell and store XRP (Ripple)
Trade XRP (Ripple) on your mobile or your desktop.
Available on iOS and Android
Buy and sell XRP (Ripple) in seconds, track your portfolio and monitor the crypto market on the go.
Dollar Cost Average (DCA) your crypto purchases using AutoTrader and AutoBuy on deposit.
Buy and sell limit orders
You have easy and advanced ways to buy and sell crypto. Order types include simple, market, limit and advanced “stop buy” and “stop sell”.
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) 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.