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Quick Decision for Your Ripple (XRP) Purchase
The best exchange to buy XRP is Coinbase. Why Coinbase?
  1. Billion dollar heavyweights like BlackRock and Fidelity use Coinbase as custodian for their bitcoins in the upcoming Bitcoin ETF
  2. Very low transaction fees in direct comparison with competitors
  3. Regulated by the SEC in the USA and worldwide
  4. Already over 100 million satisfied customers worldwide

Although we would receive 5 times the commission at eToro and some other exchanges, we recommend Coinbase because we only look at the hard facts, regardless of how much we could earn from it.

Ripple is a blockchain company from San Francisco that offers transactions in seconds, cooperates with numerous central banks worldwide and wants to revolutionize the banking and financial system. The company’s own cryptocurrency XRP is the only cryptocurrency in the US besides Bitcoin that is not classified as a security and recently won a landmark court case against the SEC.

The best broker to buy XRP is the US-based exchange Coinbase. This broker is state-regulated worldwide and is used by many billion-dollar institutions such as BlackRock and JPMorgan due to its high level of trust. You can view the current XRP price here. In our Ripple wallet guide, we show you how to store your XRP securely. This video explains step by step how to buy Ripple (XRP):

Easy Guide to Buying Ripple (XRP): Coinbase, Bitpanda, Kraken, Binance, Bitget, eToro

Buy Ripple (XRP) on Coinbase

To buy XRP on Coinbase and send it to your wallet, you need to follow these steps:

  1. Register on Coinbase by clicking on this link (Opens in new window)
  2. Verify your identity on Coinbase
  3. Link a payment method to your account (PayPal, credit card, debit card, etc.) and send USD, EURO or your local currency to Coinbase OR another cryptocurrency that has a trading pair with XRP
  4. Select XRP on Coinbase
  5. Buy XRP for the amount you want
  6. Store XRP on the Coinbase wallet or send it to your Ledger hardware wallet, desktop trust wallet or any other wallet of your choice

Below we show you in detail with screenshots and further tips how you can buy XRP easily and securely on Coinbase.

Buy XRP easily and securely on Coinbase

In the first step, click on this link to get to the Coinbase page. There you enter all the important data and create an account.

In the next step, confirm your email address by clicking on the link that Coinbase sent you by email. You can then log in to your Coinbase account. Now you need to enter your phone number for 2-factor authentication. Coinbase will send you a code for this, which you have to enter in your account again. Then you need to enter a few more important details about yourself.

In the next step, Coinbase will ask you directly to verify your identity. You can do this in 2 different ways. Either with a video call or eID procedure or you can transfer a small amount of money from your bank account to Coinbase. The video identity procedure is the faster way. Once you have also done this, you can add a payment method.

Coinbase supports PayPal, credit card, Sepa transfer, Sofort, iDeal, Apple Pay and Google Pay.

The following table shows the payment methods as well as the duration for the respective payment method until the money is received in your account and you can then buy XRP on Coinbase:

Best suited for Buying Sell Fiat currency
deposit
Withdraw Duration
SEPA transfer High amounts, deposit fiat currency (EUR), withdrawals 1-3 working days
Direct bank transfer Deposit fiat currency (EUR) ✔*

Netherlands and Germany only

1-3 working days
3D Secure card Crypto purchases in real time Instant
Instant Card payouts Payouts Immediately
Immediately Deposit fiat currency (EUR) Up to 8 working days
iDeal Deposit fiat currency (EUR) Immediately
PayPal Instant crypto purchases, payouts Instant
Apple Pay** Crypto purchases in real time Immediately
GooglePay Crypto purchases in real time Immediately

When your money for the XRP purchase has arrived on Coinbase, you must then select XRP from the following list.

Then, in the next step, you must enter the amount in euros that you want to spend to purchase XRP on Coinbase:

If you then click on buy, the XRP will be on your Coinbase wallet in a few seconds.

Please note the following when buying XRP on Coinbase:
Even though Coinbase is state-regulated and considered extremely secure, we recommend that you send your XRP to your hardware wallet (click here for step-by-step instructions). Hardware wallets such as the Ledger Nano X or the Trezor Model T offer you the highest possible security. Coinbase is an exchange that can be hacked. We recommend the Ledger Nano X model for the Ripple (XRP) hardware wallet and the Trust Wallet as a desktop XRP wallet (click here for step-by-step instructions)

The following video shows in a beginner’s guide how to buy XRP with Bitcoin. The buying process works the same with USD or EUR. The only difference is that you have to top up your fiat wallet at Coinbase first.

How to Buy XRP on Coinbase (2024)

Buy Ripple (XRP) on Kraken

Bitcoin-BTC-on-tablet-background-with-Kraken-exchange-logo

Kraken is an exchange based in the United States of America that offers many other cryptocurrencies for buying and selling in addition to XRP. Kraken is state-regulated worldwide and is therefore considered a secure and reputable exchange for buying XRP.

Buying Ripple’s XRP on Kraken is very simple and quick. You need to complete the following steps:

  1. Register on Kraken by clicking on this link (Opens in new window)
  2. Verify your identity on Kraken
  3. Link a payment method to your account (credit card, PayPal, bank transfer, debit card, Sofort etc.) and send USD, CAD or Euro to Coinbase OR another cryptocurrency that has a trading pair with XRP
  4. Select XRP on Kraken
  5. Buy XRP for the amount you want
  6. Store XRP on the Kraken wallet or send it to your Ledger hardware wallet, desktop trust wallet or any other wallet of your choice

If you already have an account with Kraken, you can skip the first 2 steps (registration and verification). If you don’t have an account yet, click on this link and log in to Kraken.

Unfortunately, the Kraken interface is not yet available in German. In the first step, select whether it is your personal account or a business account. Also enter the other required data.

You then need to link your email address and phone number to your account for 2-factor authentication. Each time you log in, you must then enter your code from your verification app at Kraken. This protects your account and therefore your assets.

Once you have done this, you can complete your verification in the next step. To do this, upload all the required documents (front and back of ID card) to your Kraken account.

So that you can now purchase XRP on Kraken in the next step, you must either send another cryptocurrency that has a trading pair with XRP to Kraken or USD, Euro or CAD. If you select EURO, you can pay the money via PayPal or bank transfer. If you select PayPal, the money will be credited directly to your account. With a bank transfer it usually takes 1 to 2 working days.

As soon as the money has been credited to your account, you can then buy XRP with USD or euros. To do this, click on the plus sign in the dashboard and then select XRP. In the next step, enter the desired amount and click on Buy.

Within a few seconds, the corresponding amount will be credited to you in XRP. For example, if you have transferred USDT to Kraken, you must use the convert function. Then select USDT (Tether) and XRP as shown in the screenshot. In this example, we would exchange 1,000 USDT for 1,544 XRP.

When you confirm the process, your XRP will be credited to your Kraken XRP wallet in a few seconds. Please note the following:

When buying XRP on Kraken you have to consider the following:
Although Coinbase is government-regulated and considered extremely secure, we strongly advise you to transfer your XRP to a hardware wallet. Hardware wallets such as the Ledger Nano X or the Trezor Model T offer a high level of security.

After all, even Coinbase, as an exchange, can be subject to a hacker attack. Our recommendation for a Ripple (XRP) hardware wallet is the Ledger Nano X model, while the Trust Wallet is an excellent option for a desktop XRP wallet

The following video explains step by step how you can buy XRP but also any other cryptocurrency like Bitcoin or ETH on Kraken.

How To Buy Ripple On Kraken (2021)

Buy Ripple (XRP) on Bitget

To buy XRP on the state-regulated exchange Bitget, the following steps are necessary:

  1. Register on Bitget by clicking on this link (Opens in new window)
  2. Verify your identity to buy XRP
  3. Link a payment method to your account (credit card, PayPal, bank transfer, debit card, Sofort etc.) and send USD, CAD or Euro to Coinbase OR another cryptocurrency that has a trading pair with XRP
  4. Select XRP on Bitget
  5. Now enter the amount you want to invest in XRP
  6. Store XRP on your Bitget wallet or send your XRP to your Ledger or Trezor wallet or to your Trust-XRP desktop wallet

If you already have a Bitget account, you can skip the initial registration and verification steps. However, if you do not yet have an account, use the link provided to register with Bitget.

After registration, it is necessary to link your email address and phone number to your account for two-factor authentication. Each time you log in, you will then be asked to enter a code that you will receive via your verification app. This step serves to further protect your account and therefore your assets.

Once you have linked your email address and phone number, the next step is to complete your verification. To do this, you need to upload the necessary documents, such as the front and back of your ID card, to your BItget account.

Dashboard to upload verification documents on Bitget

To buy XRP on Bitget, you now have two options: Either you send another cryptocurrency that has a trading pair with XRP to Bitget, or you deposit USD or Euro. If you choose euros as your payment method, you can use either PayPal or a bank transfer. If you choose PayPal, the money will be credited to your account immediately. With a bank transfer, on the other hand, the process can take 1 to 2 working days. The following video shows you how to send money to Bitget by bank transfer or alternatively cryptocurrencies:

Bitget Einzahlung (SEPA Überweisung & Krypto) ✅ Schritt-für-Schritt Anleitung

Once the money has been credited to your account, you can then buy XRP with USD or euros. Now click on “Trade” in the navigation bar and then select “Spot”. You can then enter XRP in the search bar and select either XRP/EUR or XRP/USDT, depending on whether you have deposited euros or USDT.

In the next step, you need to enter the amount you want to buy XRP for, 100 EUR, 250 USD or 1,000 USDT. The easiest way to buy XRP is to place a market order. To do this, enter your desired amount in the Spot screen and click on the green “Buy XRP” button.

Dashboard that shows Bitget and the possibility to buy XRP with EUR
Source: https://www.bitget.com/de/spot/XRPEUR

Within a few seconds, the corresponding amount will be credited to you in XRP. If you already have cryptocurrencies in stock on Bitget, you can also use the “convert function”. To do this, click on “Spot trading” in the navigation bar and then on “Convert”. You will now see the following screen where you select the cryptocurrency you want to exchange for XRP at the top. In the following screenshot we exchange USDT for XRP. Once you have selected everything and entered the corresponding amount, click on the blue button.

Convert Dashboard from Bitget that shows a converter for cryptocurrencies.
https://www.bitget.com/de/convert

As soon as you confirm the purchase process, the XRP will be credited to your Bitget XRP Wallet within a few seconds.

When buying XRP on Bitget, please note the following:
Despite Coinbase’s government regulation and high security standards, we strongly recommend moving your XRP to a hardware wallet. Such devices, including the Ledger Nano X or the Trezor Model T, offer excellent protection.

It is important to remember that even a platform like Coinbase is not immune to cyberattacks. For secure storage of Ripple (XRP), the Ledger Nano X is an excellent choice. For those who prefer a desktop wallet, the Trust Wallet is a first-class alternative.

The following video provides detailed instructions on how to buy any type of cryptocurrency, including XRP, on Bitget. It takes you step by step through the entire process.

Die einzige Krypto Trading Börse die du brauchst! Bitget Tutorial ( + meine Tipps & Strategie)

Buy Ripple’s XRP on Bitpanda

To purchase XRP on the Austrian state-regulated platform Bitpanda, follow these steps:

  1. Register on Bitpanda. To do this, you can use the link provided, which will open in a new window.
  2. Verify your identity to be able to buy XRP.
  3. Link a payment method to your account. You can use various methods such as credit card, PayPal, bank transfer, debit card or instant bank transfer to send USD, Euro and many other fiat currencies to Bitpanda. Alternatively, you can also deposit another cryptocurrency that has a trading pair with XRP.
  4. Select XRP on Bitpanda.
  5. Enter the amount you want to invest in XRP.
  6. You now have the choice of storing your XRP in your Bitget wallet, sending it to your Ledger or Trezor wallet, or transferring it to your Trust-XRP desktop wallet.

If you already have a Bitpanda account, you can skip the initial steps of registration and verification. However, if you do not yet have an account, use the link provided to register with Bitpanda.

The first step is to verify your email address and cell phone number. You have now set up 2 security measures to protect your account with two-factor authentication. You now have to enter the 6-digit code from the verification app every time you log in.

Now you need to verify your identity on Bitpanda. To do this, upload the front and back of your ID card to your account. Verification usually takes no longer than 24 hours. You will then receive an email from support confirming successful verification.

There are two ways to purchase XRP on Bitpanda: You can either send another cryptocurrency that is tradable with XRP to Kraken or top up your account with supported fiat currencies such as USD, Euro, CHF, GBP, TRY, PLN, HUF, CZK, SEK or the Danish krone DKK.

Bitpanda supports several hundred different cryptocurrencies. You can either exchange Bitcoin, Ethereum or USDT for XRP via spot trade or you can use Bitpanda’s swap function. This allows you to swap any cryptocurrency into another, in our case XRP. To do this, click on “Trade” in the navigation bar and then on “Swap”. You will be taken to this dashboard:

Dashboard on Bitpanda to Swap Bitcoin or any other cryptocurrency on Bitpanda for XRP

On the left-hand side, select the cryptocurrency you want to swap for XRP. In this example, Bitcoin is exchanged for XRP. Now you have to enter the amount and then click on “Exchange now”. Your trade will be executed within a few seconds and the XRP will be credited to your XRP Bitpanda Wallet.

When buying XRP on Bitpanda, you must note the following:
Despite Coinbase’s well-known government regulation and high security standards, it is highly recommended to transfer your XRP holdings to a hardware wallet such as Ledger Nano X or Trezor Model T for additional protection. Note that even platforms like Coinbase can be exposed to potential cyberattacks. The Ledger Nano X is an excellent choice for the secure storage of Ripple (XRP). If you prefer a desktop wallet, the Trust Wallet offers an excellent alternative

The following video shows all the individual steps in detail to buy any cryptocurrency, including XRP, on Bitpanda:

Buy XRP on Bitfinex

Bitfinex is one of the largest and oldest Ripple exchanges in the cryptospace. I created my first account with Bitfinex. That’s why Bitfinex is also considered a safe alternative to Coinbase and Bitpanda. To buy XRP on Bitfinex, you need to follow these steps:

  1. Log in to Bitpanda and verify your identity to buy XRP.
  2. Add a payment method such as credit card, PayPal, bank transfer or instant bank transfer to send money to Bitget or transfer another cryptocurrency that is tradable with XRP.
  3. Then select XRP from the asset list and enter the desired investment amount. Click on Buy XRP.
  4. You can either keep your XRP in the XRP Bitfinhttps://www.crypto-news-flash.com/breaking-fox-business-reports-sec-to-approve-blackrocks-bitcoin-etf-in-final-meeting-with-cboe-and-nyse-on-january-5th/ex wallet or transfer it to an external wallet such as Ledger, Trezor or Trust-XRP desktop wallet.

If you are already a Bitfinex user, you can skip the account creation and identity verification steps. If you don’t have a Bitfinex account yet, follow the link to sign up.

To begin, you will need to confirm your email address and cell phone number, which will secure your account with two-factor authentication. Each time you log in, you must enter a six-digit code from the authentication app.

The next step is to verify your identity. To do this, you need to upload the front and back of your ID card. The verification process usually takes no longer than a day and you will be informed by email that your verification has been successful.

There are two ways to purchase XRP on Bitfinex: Either you send Bitcoin, USDT or ETH to Bitfinex and trade them for XRP or you deposit USD, EUR, CNH, JPY or GBP.

Once you have done this, you must enter XRP in the search bar in the menu and then select the appropriate XRP trading pair. If you have sent Bitcoin to Bitfinex then the trading pair BTC/XRP. In the case of USDT, the correct trading pair would be USDT/XRP.

XRP Trading Dashboard on Bitfinex

In the last step you have to decide for which amount you want to buy XRP. In this example, I have clicked on XRP/USD. In the following screen, the easiest way is to select“Market” , as your XRP will then be bought immediately at the current market price. In the right-handcolumn, enter how much XRP you want to buy. In the left-hand column you can then see how much the value you have entered will cost you in USD.

Once you have entered everything, you can click on Exchange Buy (green button). Your XRP will then be transferred to your Bitfinex Ripple Wallet within a few seconds. The following video shows how to deposit money (USD, EUR) or cryptocurrencies on Bitfinex and trade them for XRP:

Bitfinex Tutorial Deutsch ✅ Konto erstellen | Geld einzahlen & auszahlen | Trading & Coins tauschen

When buying XRP on Bitfinex, please note the following:
Although Coinbase is state-regulated and considered very secure, it is advisable to transfer your XRP to a hardware wallet to ensure maximum security. Hardware wallets such as the Ledger Nano X or the Trezor Model T offer a high level of protection. Since even an exchange like Coinbase could theoretically be hacked, we recommend the Ledger Nano X as a hardware wallet for Ripple (XRP) and the Trust Wallet as a desktop wallet for XRP.

Buy XRP on Binance

The name “Binance” is made up of the words “binary” and “finance”, which describes the connection between technology and the world of finance. The international trading platform is one of the largest crypto exchanges in the world and was launched in July 2017. With a settlement rate of up to 1.4 million orders per second, it is also one of the fastest exchanges on the market today.

Binance offers the purchase of XRP by credit card. If you already own Bitcoin, Ethereum or Tether, you can also trade these cryptocurrencies for XRP. We present both options in detail.

Creating an account with Binance

Registering with Binance (click here!)* is free and quick. All you need is your e-mail address and a secure password, then you need to move a puzzle to the right place and confirm your e-mail address via the activation link. After the first login, you can additionally protect your Binance account with “two-factor authentication” or SMS authentication.

This can be found under the menu item Account and in the Google Authenticator section. The Google app is available in the App Store and Play Store and can be downloaded free of charge. This authentication protects your account from unauthorized access, as the authentication code is required before every login. The QR code must be scanned with a smartphone and the numerical code that appears must then be entered in the corresponding window. SMS authentication is only possible with a Chinese cell phone number.

Purchase limits with Binance

You can use all functions on Binance without verification. The purchase limit per day is 2 Bitcoin. If you verify yourself, you have a much higher limit of 100 BTC at your disposal.

Buy XRP with credit card

The menu item for buying XRP by credit card can be found in the top menu under the tab “Funds” and “Buy with Credit Card”. This will take you to the following screen:

Buy XRP on Binance with credit cardIt is important to know that Binance works together with Simplex to process the purchase. The purchase process itself is relatively self-explanatory. Nevertheless, we have put together a short summary of all the steps:

  1. Select XRP and the currency you want to pay with (Euro or USD).
  2. Fill in all personal data.
  3. Verify your email address and phone number with a code that you will receive by email and text message.
  4. Once you have completed these steps, go back to Binance.com.
  5. Enter your credit card information.
  6. Upload your identity verification documents (front and back of your ID).

There are a few things to consider before and after buying Ripple.

  • The amount indicated is based on the current XRP rate and is not final, but will be recalculated later at the time of settlement. If the price changes by more than – 2.5%, you will be asked to reconfirm the transaction by email from Simplex.
  • The transaction fee is 3.5% or 10 USD, whichever is higher.
  • The daily limit per user is 20,000 USD. The monthly limit is 50,000 USD.
  • Furthermore, a minimum deposit amount of currently 50 USD applies.

Once you have understood this information and completed the steps, you can buy XRP quickly and easily.

>> Buy Bitcoin on Binance now* <<

Swap Ripple for Ethereum

If you already have some ether, you can send it immediately to the Binance wallet address. If this is not the case, you can buy ether quickly and easily on LiteBit. To do this, enter the Binance wallet address when purchasing so that the ether is sent directly to Binance.

Buy XRP on Binance with Ethereum

You can find your Binance wallet address, which you must enter when purchasing ether on LiteBit, by logging into Binance and going to “Funds” and then to “Balance”. Now enter ETH in the search field and click on “Deposits”. You will now see your deposit address for Ether. Copy it and enter it on LiteBit as the receiving address.

buying Ripple on Binance Step 1

As soon as the ether has been transferred to your Binance wallet, you can start exchanging it for Ripple. First, click on the Binance logo in the top right-hand corner. Once you are on the page, go to “ALTS Markets” and select Ripple or XRP/ETH.

Buying Ripple on Binance Step 2

Now use the “Buy XRP” field on the left and enter how much XRP you would like to purchase in the “Amount” field. The line above shows the price for one XRP in ETH.Buying Ripple on Binance Step 3

Once you have selected your desired amount, you can see how much ETH your XRP purchase will cost in the bottom line (“Total”). By then clicking on “Buy XRP”, your order will be processed immediately and your Ripple units will be in your wallet in just a few seconds.

>> Buy Ripple (XRP) on Binance* <<

Buy Ripple (XRP) on eToro

The next trustworthy broker we would like to introduce to you is called eToro and was founded in 2007 by three entrepreneurs. The international group has two registered offices in London (UK) and Limassol (Cyprus) and also has branches in Tel Aviv and Shanghai. The website is available in 20 languages, including German. Thanks to its clear structure, the site is very user-friendly and the Ripple purchase process is completed quickly. Buy Ripple on eToro Step 1 register an accountA major advantage of eToro over other platforms is the high level of security – thanks to deposit insurance of up to €20,000 – which every customer is entitled to. The platform is also regulated by the state.

Get started with eToro by visiting the official website. If you click on this link, you will be taken directly to the German-language version of the website*. Once there, create an account by clicking on “Register now” . After a new window has opened, enter the required data.

Once you have entered your e-mail address and telephone number and chosen a user name and password, all you have to do is accept the privacy policy and terms of use and click on “Create account” and you’re done.

The buy limits on eToro for Ripple/XRP

Once your account is fully set up, you can deposit money directly, but you cannot yet use the full eToro offering as you have not yet gone through the verification process. Your limit is therefore still €2,000 for the time being.

If you would like to invest more money in XRP, you only need to follow a few instructions. To do this, go to “Edit” in your profile. You will now be asked to prove your identity and enter your address and tax number. This personal user data is important to prevent money laundering and increase security. They are also part of EU law.

To get off to a more relaxed and unrestricted start, it is definitely worth going through the simple process and verifying yourself right at the beginning. Whether you are already verified or not is irrelevant when it comes to loading money into your account. Log in and click on “Deposit money”.

Ripple kaufen

Now enter the desired amount and currency and select one of the deposit methods. You can choose between bank transfer, credit card, SOFORT or e-wallet. The following table gives you an overview of the respective payment methods. Which payment method you can use depends on your place of residence.

ZahlungsmethodeLandDauer bis zur GutschriftHöchstbetrag pro Transaktion
KreditkarteAlleSofort$40.000
Giropay, SofortüberweisungDeutschlandBis zu 1 Arbeitstag$30.000
NetellerUKSofort$10.000
PayPalLuxemburgSofort$20.000
Skrill Limited UKUKSofort$10.000
WebMoneyUKSofort$50.000
ÜberweisungAlle3-5 ArbeitstageUnbegrenzt
YandexRusslandSofort oder bis zu 5 Geschäftstage5.000 RUB

Buy Ripple on eToro

On eToro you can buy both “real XRP” and so-called XRP CFDs. We will now show you how to buy real XRP.

When trading on eToro, you must note the following:
All buy positions without leverage are traded as real assets. Your investment with eToro is then collateralized with real XRP. This means that eToro buys the XRP in your name and stores it in a separate account under your name.

In contrast, all buy positions with leverage are executedas CFDs. CFDs are so-called derivatives – a security whose value or performance depends on the performance of one or more underlying assets. They are specialized and popular over-the-counter (OTC) financial products that allow traders to easily open positions in a variety of different financial markets. The underlying asset – XRP – is not purchased by the investor. You merely receive a certificate for it.

buy “real” XRP

To buy Ripple, first click on “Markets” and then on “Crypto”. You will now be shown all fifteen available digital currencies.

Ripple auf eToro kaufen

Finally, select “Ripple”. You will now see two abbreviations, where “K ” stands for buy and “V” for sell. Once you have clicked on the “K”, all you have to do is enter an amount and click on “Buy”.

Ripple CFD auf eToro erwerben

After a few seconds, your transaction is already executed and you have bought Ripple super quickly and easily. The XRP are now stored in your eToro account/wallet.

Buy XRP CFDs

Buying XRP CFDs works in almost the same way as buying the “real” XRP. To buy XRP CFDs, you have to click on “K” again to buy XRP. You will then be taken to the familiar overview. Here you enter the amount of money you want to invest for your XRP purchase as usual. Now you need to set the leverage multiplier “X2”. Currently, eToro does not offer higher leverage for cryptocurrencies.

XRP kaufen

Once you have selected “X2”, you should check your stop loss and take profit settings. A stop-loss limit is extremely important to keep the respective risk low. Once you have adjusted these settings as required, you can open the trade.

In simple terms,stop loss means that you close a trade if the XRP price reaches a fixed price or an amount of money that you can set. Take Profit determines in detail when your trade is closed fully automatically when the profit of your trade has reached the amount you want. It is also important to know that eToro charges so-called “overnight fees”, also known as rollover fees. This information also appears in a pop-up before you place your order.

Buy Ripple (XRP) at Coinmama

Coinmama was founded in Israel in 2013 and is also based there. On Coinmama, you can buy Ripple very quickly and easily directly with euros. Of course, you will first need to create an account.

To register on the official site, simply click on this link and enter your email address, a password and your first and last name in the top four fields. You must also select your country of residence. Once you have selected this, you can click on “Create account” to complete your account creation. By opening an account, you also agree to Coinmama’s privacy policy and terms of use. To read these, you can click on the words “Terms” and “Privacy” highlighted in blue.

To ensure that this is your real e-mail address, you must log in to your e-mail account and click on the confirmation link in an e-mail from Coinmama. If you do not find the activation email directly in your inbox, check your spam.

As soon as you have opened the link, your account is activated and you will be redirected to the Coinmama homepage, where you will find the “Log In” button in the top right-hand corner, which you can use to register by entering your email address and password.

To be able to buy Ripple, you must first verify yourself. To do this, go to “Verify Me” and enter the required information. Once you have done this and then clicked on “Next”, you can either upload copies of your passport, ID card or driver’s license. You will also be asked to take a selfie with a sheet of paper with the name Coinmama and the current date next to your face.

Once you have completed these steps, you only need to send the files so that they can be checked. To do this, click on “Send for Approval” in the bottom right-hand corner. The approval process takes a maximum of 24 hours and as soon as it is complete, you can start buying XRP.

To do this, click on “Buy” in the navigation bar on the right and select Ripple (XRP). Now you can choose whether you want to buy XRP with euros or USD and either select a predefined or round amount or enter a specific amount yourself.

At Coinmama you can currently buy XRP with the following payment methods:

  • by credit card
  • by debit card
  • by bank transfer

Additional fees may apply for the purchase of XRP.

  • When purchasing XRP by credit card or debit card, the payment service provider charges a fee of 5%.
  • It is recommended to pay by bank transfer as there is no processing fee. A fee of GBP 20 is charged for SWIFT transfers if the amount of the transfer is less than USD 1,000.

Further information is also helpful:

  • Deposits are accepted in all major currencies, meaning you can pay with your local currency. Nevertheless, the prices are displayed in either USD or euros.
  • You can also sell your XRP on Coinmama.
  • The minimum amount for buying XRP is 60 USD.

The daily limits are 5,000 USD and the upper limit per month is 30,000 USD.
You can place five orders in twenty-four hours and a maximum of 20 in thirty days, regardless of the amount of the orders.

This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.
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