If you are looking for the best XRP exchanges to use today, you are on the right page. Here you can see all the best exchange platforms, but also learn why they are on the list and how they were tested. This page gives you all of this information and anything else you need to know.Read more
Disclaimer: The data on this site is not legal advice. We at CCN are not responsible for the outcome of your crypto trading. All the data on this page is displayed for informational purposes only.Read less
Here are the best XRP exchanges available to you right now. Check them out and try to find the one that matches your needs perfectly. Keep in mind that each one is different and special in its own way.
Experts at CCN have used all of the exchanges featured here and tested each one, so you can get the latest and most accurate data. We have been using XRP for years to trade, make deposits, and carry out transactions. As a result, you can be positive that all the data is based on detailed experience, and comes with superb accuracy.
Dive straight into this selection of the best XRP exchanges.
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Finding the best XRP exchange can be a complicated process. Luckily for you, I have explained all the main and even less-known factors you should use. As a result, you can learn what to look for and how to distinguish exchanges. Then, simply pick the one that matches your needs the most.
One of the first things to look for is the list of supported coins. These are the coins or digital assets that are available on that exchange platform. Obviously, Ripple exchanges should offer XRP, so check for that first.
But you also should check other tokens. Perhaps you may eventually want to trade or buy different tokens. This is why you should make sure that the platform supports as many tokens as possible.
There are over 10,000 different digital assets these days. But there is no exchange out there that offers support for all of these. Even Coinbase, a huge and popular exchange, supports 450 coins. Kraken, another popular one, supports 160.
Even the best XRP exchanges have fees. Keep in mind that all platforms of this kind have fees. Obviously, you cannot avoid the fees, but you can compare them and make sure to use exchanges with the lowest fees.
In general, most exchanges charge you fees when you deposit, trade, or withdraw funds. The accent here is on the trade part. It is usually much better to have one big trade than multiple, smaller ones. This is the case because you pay fees for each trade, but the fees decrease if your trade increases. Here are some of the fees that popular exchange platforms charge.
Liquidity is a complicated term with a simple explanation. Basically, it refers to the ability to convert tokens into cash or to use the cash to get tokens. An exchange with sufficient liquidity can do both of these things much faster and more efficiently than one with insufficient liquidity.
This is even more important at Ripple exchanges or any crypto exchange due to the high volatility. As you may know, the price of XRP goes up and down quickly. If the price goes up and you issue a ‘’buy’’ order, you want that to happen almost instantly. An exchange with sufficient liquidity can provide that.
The secret is to look at the trading volume of each exchange you are considering. In this case, I recommend that you use CoinMarketCap to get accurate data. The exchanges with the highest trading volume in recent times are Kraken and Coinbase.
All exchange platforms are huge websites that work with millions of users. This makes them ‘’appealing’’ in the eyes of hackers and criminals. This means that you should use an exchange where your money and your data are safe.
Look for two-factor authentication. Most exchanges have this system, thanks to Google Authenticator. Next, look for biometric features that are considered to be the best way to secure your account.
You can also check online to see if any of the top XRP exchanges have been targeted or affected by a lack of security in the past.
Let’s say that you are a beginner who wants to learn all about trading XRP or just buying crypto. Well, you can learn that at the top Ripple exchanges thanks to the educational resources provided. Of course, you should know how to test that section and make sure that all the basics are covered.
First of all, these resources are more important than you may think. Basically, this section allows you to learn everything about XRP and trading. Then you can make careful decisions and decrease the risk factor. In other words, you can learn how to use XRP like an intermediate user or even a professional.
At the best Ripple exchanges, you can see a few different types of resources provided. All you can do is use all of these to make sure you get all the help you need.
These are the first sections you should check. In a nutshell, here you can learn about blockchain technology, including Bitcoin, Ethereum, Ripple, and all the basics.
This is something I personally like. It is a feature where you can get a demo account and trade using virtual coins. There is no need to deposit anything, and you cannot make real money. But you can see how trading actually works.
In this section, you can learn about useful tips, how trading actually works, and which strategies are available. If you are seriously interested in trading XRP, this section is mandatory for you to check out.
Here you can learn how to check the market. For instance, a top Ripple exchange can share other websites that allow you to check the exchange volume of that exchange.
It is important to add that the quality of all provided resources has a huge role. The main thing to look for is accuracy. All of the resources should be accurate, detailed, and based on the latest data.
Secondly, the resources should be easy to understand, even if you are a complete beginner. While some exchanges have very simple resources that are easy to understand, others may have complex explanations with terms most beginners aren’t familiar with.
The best Ripple exchange must have a proper license and accept users from your country. Keep in mind that all exchanges have a list of countries from which users are not allowed. Typically, these platforms need to get a suitable license and meet local regulations to offer their services in that particular country.
For you, this means checking the licensing details to see whether customers from your country are allowed to trade XRP on that exchange.
XRP exchanges must be registered as a legal entity, or a business, if you like. But, in order to get the license, these exchanges generally need to have a sufficient amount of money circulating and meet security requirements and certain laws.
For you, this means more security and safety while trading XRP. In other words, trading Ripple at an unlicensed exchange can be risky or even a total mistake. You can lose money if the exchange goes bankrupt, or it can be a scam.
In order to get a license, exchanges need to meet certain criteria. Only then can they be considered safe and trustworthy. Some of the essential factors regulators have are listed here.
Counter-Terrorist Financing and Anti-Money Laundering are the first things regulators need. In a nutshell, they want to make sure the exchange is a reputable business and doesn’t have any links to criminal organizations or is involved in criminal activity.
Know Your Customer is usually seen at reputable businesses. Keep in mind that this has a huge role in crypto trading because of its associated anonymity. Simply put, exchanges need to make sure you are using their services for proper trading and not criminal purposes.
Regulators also pay a lot of attention to the security at the exchanges and risk management. This refers to how well they can handle and solve the issue if something happens in the future.
Best XRP trading platforms are extremely versatile and advanced. This means that they offer a lot of different products and services that users can use. As a new user, you should check the available ones before you start trading there. Here is what to look for.
All of the best Ripple trading platforms allow you to buy or sell XRP. However, some have even more tools and features to offer. For instance, most carry out your orders at high speed. They also offer the ability to customize the charts as you like and multiple order types. These are essential for professional traders or users who want to become those.
All of these refer to different types of trading. As you may assume, most of these are available if you want to invest in Ripple. But before you do, it is advisable to know the differences between futures, margin, and spot trading.
Futures allow you to buy tokens in a predetermined future. The advantage here is that you can buy more tokens for a lower price. However, this type of trading can be complex.
In margin trading, you are pretty much borrowing money from the broker and using it to buy digital assets. You have to pay the interest once you are done. Here, margin refers to the amount you have borrowed and the difference between the loan and the final investment value.
Spot trading is the simplest form of trading. In this case, you can immediately exchange fiat currencies or other cryptocurrencies for XRP. If you are a beginner, start with spot trading.
Once you have started with XRP trading and got the tokens, where are you planning to keep them? One option is to keep them at the exchange. However, this is not a clever idea unless you are planning to sell the tokens within hours.
A much better idea is to keep the coins in the eWallet. The best option here is to go with self-hosted XRP eWallets. Once you get the private key, you are the only person who can access the coins.
Trading Ripple at exchanges is simply one of the things you can do. There are a lot more features available. For example, you can create or collect NFTs, earn XRP via rewards, and even borrow cash while XRP is used as collateral.
Check for all of these features before you start using an exchange platform. Perhaps, in the future, you can use these features and make even more money.
If you have a private business and want to use the exchange, you have even more options. For instance, you can enjoy trading in the futures markets, listing your business assets on the exchange, and even accepting XRP payments. As you can see, trading crypto is just one of many things you can do at exchanges.
Where can I buy XRP crypto? You can buy the tokens at online exchanges easily. But you have to know how to buy these coins. For instance, you have to deposit funds at the exchange and then buy XRP. A list of available payment methods is one of the factors to check out before you create an account there. Below, I cover the main ones.
At most cryptocurrency exchanges, you can use PayPal. This is an eWallet where you can keep your fiat currencies. In addition, you can connect it to your bank account or a credit card and use PayPal as a medium.
In general, users can use PayPal to deposit funds on the cryptocurrency exchange and trade. But you can also withdraw fiat currencies from the exchange and keep them in your PayPal account.
PayPal is widely accepted on exchanges such as eToro and many more. It is fast too, so you can deposit or withdraw funds within seconds. Add two-factor authentication and [impressive level of security, and you can see why so many users like using PayPal.
Once you know where to trade XRP, you need to know one more thing. Using bank wire transfers is still possible and common. You can deposit funds within minutes.
This particular method is commonly used by traders who deposit huge amounts of money. It can also be ideal if using debit or credit cards is difficult in your area.
If you want to start trading XRP but have other tokens, you can use those to buy XRP. In a few words, you can exchange any other digital token for XRP. One advantage is anonymous transactions. The second advantage is a very low deposit fee.
Most users opt for credit or debit cards. This method allows them to deposit funds at the exchange directly from their bank account or withdraw the funds from that account.
One advantage here is the ability to get an extreme level of security when you make transactions. Also, you can see ‘’Verified by Visa’’ on some exchanges, meaning that the platform has been tested by the Visa company and is secure.
XRP trading comes with different fees. Some of those fees are linked to the payment method you use. For instance, using digital assets is the most affordable option. On the other hand, using PayPal might come with withdrawal fees.
For instance, withdrawals from Binance are always free if you use cryptocurrencies. But they are not free if you use fiat currencies, hence bank transfers or PayPal. In that scenario, you pay a 1% withdrawal fee.
Trading cryptocurrency can be done at one of these three types of exchanges. While they all allow you to do the same thing, they are different and have specific pros and cons.
With centralized exchanges, the whole platform is owned and operated by one organization. It is very easy to use this type of exchange, and there are many of them. But all the assets are held in one place, which makes them vulnerable against hacker attacks.
Decentralized exchanges work in the same way as blockchain does. They are decentralized, meaning each user can certify many transactions. There is no single company that owns the exchange. In addition, these exchanges are more transparent and available all over the world. Sadly, they are more complicated to use.
Hybrid exchanges bring the best of both worlds. They offer the security centralized exchanges are known for but also the control and privacy that decentralized exchanges have.
Ideally, a user should use multiple best exchanges to buy XRP. First of all, this allows you to learn and master different user interfaces and become more advanced users. Secondly, you can diversify your investment, which is a wise thing to do.
There is one more advantage. When trading BTC, XRP, or any other crypto at multiple exchanges, you decrease the risk of losing the tokens if the exchange fails. This doesn’t happen frequently, but it is a great preventative measure.
Trading XRP can sound complex and even scary at first. However, it is a very simple process, and I can prove that. Here is a simple guide to how you can buy XRP today in under 10 minutes.
The first step is to choose the exchange platform you want to use. I have covered all the factors you should use to make a wise choice. Use them.
Create the account and choose the deposit method. It can be a debit card, PayPal, or another token.
Click ‘’deposit’’ and follow the steps. Now you have money on the exchange platform.
Choose XRP and enter the amount you want to use to buy the coins. Approve the order, and you are done.
Now you can click on ‘’withdrawal’’ and withdraw the tokens to your eWallet.
There are a few ways you can buy XRP. The first one is to buy coins directly from the exchange. The aforementioned guide refers to that process. But you can also use the peer-to-peer method. This means that you can replace your tokens with XRP tokens another user owns.
You can also get XRP using gift cards. For example, if someone gets your XRP gift card, you can use it to buy tokens and store them in your crypto wallet.
Believe it or not, buying XRP is the simplest part of the process and one you can complete in minutes. But what can or should you do after that? There are a few things you have to keep an eye on.
Once you have used XRP best exchanges to buy the tokens, move the coins to your eWallet. It is much safer to keep them, and there are no fees when keeping the coins in your eWallet. Of course, if you are planning to trade the coins within hours or days, there is no need to do this.
Be free to experiment and use XRP coins for different things. For instance, you can use them to pay for things. You can also use them and exchange them for other tokens. But you can also simply keep them in your eWallet and wait until the price jumps.
Trading XRP currency alone is not the best thing you can do. A much better option is to invest in or trade 5 different coins. This number is ideal due to the fact that you don’t have to invest a lot, but you can keep a decent number of coins in your eWallet.
Perhaps 3 of the coins will rise in value and make you a profit. In simple words, when holding 5 coins, you have 5 times better odds of making a profit.
XRP and Bitcoin trading are known for countless variations, changes, and new trends on a daily basis. That means that you should stay well-informed about all of the latest trends, new rules, laws, news, and changes that occur. If you know these things, you can react in no time and prevent a loss or change your investment.
The history of XRP starts with Ripple, which is a currency exchange, and RTGS (Real-time gross settlement) back in 2012. The company was the idea of Jed McCaleb and was created with the help of David Schwartz and Arthur Britto. They got help from Ryan Fugger, who developed the OpenCoin system back in 2005. That system was the origin of Ripple.
The Ripple network works with fiat currencies, cryptocurrencies, and even commodities. The native cryptocurrency of Ripple is XRP. Also, Ripple holds an ISC license.
If you want to invest in XRP you can do so at many different exchanges. The actual number is not well-known but there are over 50 different platforms where XRP is listed. The number can change quickly due to the fact that more and more exchanges list XRP as we speak.
Trading XRP is just one of the services you can find at exchanges. Futures, margins, and spot trading are others. Also, you can trade many other cryptocurrencies and NFTs.
Each exchange has a minimum deposit you can use as your initial investment. A good thing is that trading Bitcoin or XRP is very affordable. You can start with $10 or $20 in most cases.
There are a lot of different options. Some very popular exchanges include Coinbase, Kraken, and Binance. These are also some of the biggest exchanges available today.
According to CoinMarketCap, the exchanges with the highest exchange volume and therefore the highest liquidity are Kraken and Coinbase. These are also some of the most popular exchanges available.
The three types of exchanges are centralized, decentralized, and hybrid exchanges. Each one has different pros and cons. You should check those pros and cons before choosing the type that suits you the most.
All three types of the aforementioned exchanges can be used to trade XRP. However, most users will opt for decentralized or hybrid exchanges due to transparency and anonymity.