Skip to content Skip to footer

How to Buy Ripple (XRP)

A Step-by-Step-Guide on how to buy Ripple (XRP)

Step 1 – Signup to CEX.io

You'll first need to purchase units of the top-tier coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below to register and receive your Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Ripple (XRP) is available on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this how-to)

Make sure you have selected the right coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etcetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).

Step 3 – Locate Ripple (XRP)

Once your deposit has been confirmed, you will immediately have access to your assets and you can start purchasing and trading. To buy Ripple (XRP) on Binance, you'll want to hover over the ”Exchange” tab and after that mouse click on “Basic”.

In order to find Ripple (XRP), you'll need to put the cointype (XRP) into the search-box, which is highlighted in the picture. Make sure you have choosen the proper pairing, we've highlighted this also. Click on “XRP/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} Ripple (XRP)
Step 4 – Purchase Ripple (XRP)

Once you've found Ripple (XRP), you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). Next we're making our own Limit Order.

The field with the “Price” tag will be filled with the most recent rate Ripple (XRP) was sold for. You can change this to your desired rate. The field with the “Amount” tag is the volumen of XRP you wish to purchase. The ”Total” field is the whole price in Bitcoin that you'll settle for the whole quantity of XRP.

When you're happy, click on “Buy XRP”. Your plan will be filled when a Vendor sells their XRP for the price you introduced.

Step 5 – Withdraw Ripple (XRP)

Unless you're regularly trading, you should never keepyour crypto coins on an Crypto Exchange for an extended time period. To withdraw your Ripple (XRP), hover over the ”Funds” tab and click on “Withdraw”. Ripple (XRP) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Ripple (XRP) by using the provided drop-down box. Drop in the amount of Ripple (XRP) you would like to take off. Don't forget the displayed minimus/fees. Also make sure you have entered your correct withdraw address.

If you're happy, click on “Submit”. You could be requested for verfication via phone/email before a withdrawal.

Congrats! You've successfully bought and safed Ripple (XRP).

That's it!

Withdrawals from Crypto Trader can durate anywhere from 1 – 30 minutes (rely on usage of the network). Once you have proved your withdrawal with Etherscan.io or Ethplorer.io and the Ripple (XRP) is stored in your wallet, you are finished.

Some other Guides on How to buy different Altcoins

How to Buy EOS Network
How to Buy OLXA
How to Buy Altcoins
/* */Generated by MPG