Sell XRP (Ripple)

Quickly and securely, exchange your XRP for dollars.
Established in 2013, Independent Reserve is the trusted cryptocurrency exchange.
XRP: USD 0.50090
Usd
Usd
Xrp
Xrp
Payment method
Buy XRP with Bank transferBuy XRP with PayIDBuy XRP with SWIFT
XRP: USD 0.49974
Xrp
Xrp
Usd
Usd
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.

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  • Simple deposits and withdrawals

    Deposit and withdraw USD, AUD, SGD or NZD using SWIFT or local bank transfer in supported jurisdictions.

  • 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 USD, AUD, SGD or NZD.

Sell XRP on the go

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

Independent Reserve crypto exchange mobile app

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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 USD price chart.

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What is XRP (Ripple)?

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.

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