Sell XRP in New Zealand (Ripple)

Quickly and securely, exchange your XRP for dollars.
Established in 2013, Independent Reserve is New Zealand’s trusted cryptocurrency exchange.
XRP: NZD 0.86845
Nzd
Nzd
Xrp
Xrp
Payment method
Buy XRP with Bank transferBuy XRP with PayIDBuy XRP with SWIFT
XRP: NZD 0.86603
Xrp
Xrp
Nzd
Nzd
Receive with
Sell XRP with Bank transferSell XRP with PayIDSell XRP with SWIFT

There are multiple ways to sell

Market sell

Sell XRP immediately at the current price.

Limit sell

Sell at a price you set on our order book.

OTC sell

Use our OTC desk to make large block trades and to reduce price slippage.

Auto & API sell

Automated selling of your digital assets using AutoTrader. Alternatively, trade via the API.

Trusted by global partners

  • KPMG
  • Bloomberg
  • Iress
  • Fireblocks
  • BGL
  • Chainalysis

Your trusted cryptocurrency exchange

  • Made for you

    Create a personal or business account. Access the award-winning platform 24/7 using the website or mobile app.

    Made for you
  • Simple deposits and withdrawals

    Deposit and withdraw NZD using SWIFT or instantly deposit and withdraw AUD to an Australian bank account.

  • Low fees

    Trading fees start at 0.5% and go down to 0.02%. Low fees apply to instant, crypto and SWIFT withdrawals.

  • Multi-currency trading

    Buy and sell XRP and other popular cryptocurrencies with NZD, AUD, or USD.

Sell XRP on the go

Buy, sell and track your cryptocurrency portfolio, anywhere and anytime with the Independent Reserve app.

Independent Reserve mobile app

Awards & Recognition

  • Blockchain Australia Digital Exchange of The Year
  • Deloitte Technology Fast 50 2019 Australia Winner
  • Financial Review Lists 2018 100 Fast
  • Financial Review Most Innovative Companies
  • Financial Times High-Growth Companies Asia-Pacific 2020

Join over 300,000 happy customers

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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.

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

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.

Sole custodian

Independent Reserve is the 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.

XRP price

Live XRP (Ripple) to NZD price chart.

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What is XRP (Ripple)?

XRP is a cryptocurrency that runs on the XRP Ledger. It is designed to be used as a token of exchange for faster, cheaper, and more convenient international transactions. XRP is a solution for the outdated and inefficient financial system. With XRP, you can settle cross-border transactions in a few seconds at a fraction of the cost compared to traditional methods.

Unlike most cryptocurrencies, XRP isn’t produced through mining or staking. All of XRP’s supply was created before its launch and distributed to the public in portions. Initially, 100 billion XRP coins were produced, with no more to be created. Ripple also keeps a large portion of XRP tokens locked into a series of escrows. They release XRP every month with the intention of adding predictability to the currency’s supply.

Fast and Efficient

The XRP Ledger (XRPL) is an open-source blockchain designed for payment processing, which is maintained and improved by the XRP Ledger Foundation. It is known for its speed and cost. XRP Ledger transactions are faster and cheaper than other blockchains because of its unique consensus mechanism, which doesn’t require mining.

The XRPL uses a global consensus run by a growing network of over 150 individual participants who agree on the validity and order of XRP transactions. Each validator can select a set of other validators to verify their transactions from the Unique Node Lists (UNLs) maintained by Ripple, the XRP Ledger Foundation, and Coil. A majority of validators need to accept the transaction to be verified.

With this consensus, XRPL can handle up to 1,500 transactions per second accurately and consistently. As a result, the ledger is more scalable than other blockchains.

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