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How to buy Ripple

Feb 18, 2024 am 11:19 AM
BitcoincryptocurrencyEthereumLitecoinexchangeRipple

Ripple and Ripple were both founded in 2012 to enhance the global asset liquidity pool and enable real-time fund flow around the world at extremely low fees. Over the years, its value has experienced growth of up to 4,000%, reaching a price peak of $3.84 on January 4, 2018. Today, it remains one of the leading cryptocurrencies surrounded by a vibrant and growing ecosystem.

How to buy Ripple

Buy Ripple on Bitstamp

buy xrp bitstamp

Bitstamp is using USD and A reliable option for buying Ripple in Euros. As one of the oldest exchanges in the industry, it offers a highly liquid market and a friendly, seamless trading experience.

You can buy XRP in any of the following ways:

  • Use a credit or debit card (5%+ issuer fee)
  • Bank deposit: SEPA (Free) or international wire transfer (0.05% fee, minimum USD 7.5/EUR, maximum USD 300/EUR)
  • Bitcoin (BTC), Litecoin (LTC), Ethereum (ETF), Bitcoin Coin Cash (BCH) or Deposit (Free)

You can think of it this way, Bitstamp is extremely convenient for EU residents who can use SEPA transfers, because it is free. These deposits arrive promptly – usually one to two business days.

If time efficiency is more important than cost, transacting directly with a credit or debit card is also a good option – but please be aware of these fees before charging them.

Buy XRP on Bittrex

buy xrp ripple bittrex

##Bittrex is a US-based exchange that allows you to buy XRP. However, it’s not a quick option if you’re new to cryptocurrency – Bittrex’s process of signing up, verifying, and filling out account application information is time-consuming, and its exchange interface looks like it’s designed for experienced traders.

Regardless, Bittrex is still a good choice, especially when it comes to fees – Bittrex doesn’t charge extra fees for USD deposits, so you only pay 0.25% per trade.

To be eligible for USD deposits, you need to do the following:

    Register on the exchange.
  1. Verify account.
  2. Submit an application and get approval for fiat currency (USD) transactions.
  3. Whitelist your bank account in the Account Owners tab.
  4. Generate USD deposit code.
  5. Send wire transfer. Domestic wire transfers usually take 24 to 48 hours, and international wire transfers may take 5 to 10 days to complete.
Also, you can deposit any Bittrex-supported cryptocurrency here and trade it for XRP – potentially a huge time saver.

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