XRP, or Ripple to us common folk, has been gaining steam for quite some time.
As of right now, most are claiming it’s in the top 5 cryptocurrencies around.
We won’t be talking about crypto wallets since we’ve covered that topic recently, which you can learn more about here.
Instead, today we’ll be focusing on where to buy Ripple coin, and how you can do it.
Keep in mind that not all options that we’re going to go through are available in all countries, and not all forms of payments are accepted. So, do your research, as we’ve done right here!
Without further delays, let’s scroll on down and see what awaits us.
Yes, we’re starting with the big guns. Binance is probably the most popular crypto exchange that you can find, and rightfully so.
You can use it from almost all countries worldwide and get some of the lowest fees depending on the payment method.
To start out on Binance, you will need to go through their sign up process. It’s quick and easy, accepts users from all countries without the need for verification.
But like with all good things, there’s a catch. The fees that we mentioned previously, they are some of the lowest IF you purchase your Ripple coins with some other cryptocurrency.
Meaning, if you opt to purchase Ripple coins with conventional currency, the fees go up.
As one of the older exchanges on our list, it’s safe to say the Coinmama is well known in the cryptocurrency world.
They have been adding more and more fiat pairing to their exchange, with Ripple being the newest edition.
Unfortunately, due to US laws and regulations, it’s unable to be sold there.
When you create an account, you’ll have four packages to choose from, starting from $100 or 89 EUR, depending on which currency you go for.
Coinmama requires that you have a valid address, so make sure that you give the correct one before you buy!
Probably one of the most straight-forward platforms that we’ll encounter today.
I say this because Changelly doesn’t require a lengthy registration or verification process. You just need an email address, few clicks to create your account, and you’re good to go.
To buy Ripple from Changelly, you’ll need either Changelly-supported crypto or a VISA/MasterCard (credit or debit card) and a wallet where you want to store your freshly acquired coins.
If the question of “where to buy Ripple coin” got you to Bittrex, you’re going to need to create an account on the exchange.
Bittrex is strictly an exchange so your only option here would be to have BTC or ETH to get your hands on Ripple coins.
If you decide to trade with them, all you need to do is register and log in with your email. Although, if you want to withdraw funds, a verification process is necessary. That means you are going to need to submit your identification documents and phone number. On the bright side, the verification process is pretty quick.
One of the pioneers in supporting Ripple, and being that they’re based in San Francisco, Kraken is one of the largest Bitcoin/Altcoin exchanges in the US.
The registration process can, unfortunately, take days to be completed because of the spike in the demand for cryptocurrencies. Never the less, the process is pretty straightforward.
Kraken deals mostly with Euro pairs, but others are supported, such as XRP/BTC and XRP/USD.
Ripple seems to have a stable future, with financial institutions and others predictors deeming it destined for success.
Given that there are 5 options here, and many more out there, it should be easier than ever to decide where to buy Ripple coin.
A note to all of you owners and future owners of Ripple coins, to never use these exchanges as your primary wallet and keep a significant amount of Ripple coins. All exchanges are prone to threats, as we’ve recently seen with Binance.
So keep yourself, and your cryptos safe!
All that’s left is to wish you all, happy trading!