Sell XRP in Singapore (Ripple)

Quickly and securely, exchange your XRP for dollars.
Established in 2013, Independent Reserve is Singaporean’s trusted cryptocurrency exchange.
Licensed under the Payment Services Act (Singapore). License No: PS20200517
XRP: SGD 0.67805
Payment method
Buy XRP with FAST bank transferBuy XRP with SWIFTBuy XRP with PayNow
XRP: SGD 0.67668
Receive with
Sell XRP with FAST bank transferSell 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

  • DBS
  • Fireblocks
  • Ripple
  • Refintiv
  • Bloomberg

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
  • Instant deposits and withdrawals

    Access the cryptocurrency market 24/7. Instant SGD deposits with PayNow or FAST, and instant SGD withdrawals using FAST.

  • 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 SGD or USD.

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

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 digital assets.

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

Audited and licensed

We are the first crypto exchange to be licensed by MAS.

Our books are balanced and we carry no debt on our balance sheet. We engage external auditors to verify our holdings with annual audits of our financial statements. 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.

Single purpose asset utilisation

We do not engage in any lending, borrowing or rehypothecation of assets (i.e. pledging assets as collateral for debt). Your assets are used solely for the purpose of enabling you to transact on our platform.

XRP price

Live XRP (Ripple) to SGD price chart.

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Licensed under the Payment Services Act (Singapore). License No: PS20200517
Licensed under the Payment Services Act (Singapore). License No: PS20200517

Singapore’s first licensed crypto exchange for all investors

We are members of

SFA Singapore Fintech AssociationAccess Industry MemberBlockchain Association Singapore

What is XRP (Ripple)?

XRP is the native cryptocurrency of the XRP Ledger. It is widely known for its use in international transfer and exchange. Unlike most cryptocurrencies, XRP was created with a hundred billion tokens that were distributed to the public periodically. A large portion of XRP tokens is owned by Ripple Labs, which gives the company a controlling interest in the network. This is intended to foster the project’s growth and ensure the cryptocurrency is successful over time. Another portion is held in reserve to be released into the market through sales.

Is Ripple XRP?

XRP is often referred to as Ripple, but XRP and Ripple are completely different. The connection between the two makes it easy to use them interchangeably and has caused confusion. To put it simply, XRP is a decentralised cryptocurrency. Ripple, however, refers to the for-profit company that develops software for fast global financial settlements. Ripple utilises XRP and the XRP Ledger (“XRPL”) 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.

XRP Validators

XRP runs on the XRP Ledger that uses a consensus mechanism with trust-based validation. It is a system that verifies transactions by comparing the information they receive from the previous ledger. Then, a majority of validators need to accept transactions are valid and agree on their order at the same time.

This group of validators is listed on Unique Node Lists (UNLs) with over 150 unique participants. The UNLs are currently being provided and maintained by three publishers – Ripple, the XRP Ledger Foundation, and Coil. These chosen validators are expected to behave honestly and are unlikely to collude to break the rules. Network participants can select which validators they deem reliable, even if they aren’t recommended by the publishers.

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