How to Buy XRP – Buy Ripple (XRP) For Beginners

Fact Checked by Gary McFarlane

Would you like to buy XRP but have no idea where to begin? You’re not alone. Many investors do not know the best way to way to do so. This digital coin can be pretty intimidating, even for professional traders. You will learn how to buy Ripple (XRP) in the US and where to find it from this guide. We will also tell you why you should invest in XRP and the risks you may face along the way. We will not leave you there; your safety is key. Learn from us the safest ways of buying XRP for beginners. Let’s get started.

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How To Buy XRP in 4 Easy Steps

Want to buy XRP in the US today but have no clue how to go about it? Follow these four easy steps to get started.

  • Step 1: Open an eToro Account: The first step to buying Ripple for beginners is to find an online broker. There are numerous brokers that you can use to buy Ripple, eToro is our top-rated online broker for buying Ripple in the U.S. in 2021.
  • Step 2: Upload Your ID- Account Verification: Crypto brokers require new users to verify their trading accounts prior to buying any coins. Verification entails submitting your ID and proof of address documents that match your signup information.
  • Step 3: Deposit Funds: You are free to deposit funds in your eToro wallet as soon as verification is complete. The minimum deposit for eToro to start trading online in the U.S is $200. eToro charges 0.5% conversion fees for all currencies.
  • Step 4: Buy XRP: Now that your active eToro account has funds, you can go ahead and buy XRP. You can buy invest in XRP’s underlying value or buy it as a CFD. Easy-peasy. Follow the eToro link we have provided to get started and buy XRP in the US today.

Where to Buy XRP in the US- Choose a Broker

1. eToro – Best Overall XRP Provider


We recommend eToro as the best broker to buy XRP in the U.S 2021. eToro is a U.S-regulated broker with multiple other licenses globally. You want to use a compliant broker for the safety of your funds. eToro operates in over 140 countries globally, serving about 18 million investors. The main company office and headquarter is in Tel Aviv Israel. In the U.S., it is under the National Futures Association (NFA) and the Commodities Futures Trading Commission (CFTC).

Other licenses it holds include FCA in the UK, CySEC in Cyprus, and ASIC in Australia. eToro is currently seeking regulatory authority to set up shops in China and Hong Kong. Getting paperwork to serve the Asian markets should make it one of the most compliant brokers in the world. Using a broker with proper regulations is advantageous when buying XRP for beginners. Heavy regulation gives credibility to a broker and safety to investors. That is why eToro is our number one choice of brokers to invest in XRP in the U.S. 2021.

You will not find a more user-friendly broker for beginners to learn how to buy XRP in the U.S. than eToro. When it comes to usability, this broker has a modern trading platform with unique features to help amateur traders kick-start their investment journey with ease. For example, it has the best copy trading platform in the market. If you are still wondering why this is a big deal, you can literally copy trades of good traders before you acquire proper trading skills.

You get this without paying a single penny. To further support your trading career, eToro allows you to purchase XRP in the U.S. at zero commission. It takes less than five minutes to get started with eToro. So, don’t hesitate to click the link provided here to visit their website today.

eToro fees Summary

Commission 0%
Deposit charges 0%
Withdrawal charges $5
Inactivity charges $10 per year after 12 months of inactivity


Pros Cons
Zero commission trading Not convenient for pro traders looking for sophisticated trading tools
No withdrawal charges
Easy account opening procedures
US regulated


67% of all retail investor accounts lose money when trading CFDs with this provider.

2. Coinbase – Buy Ripple with Coinbase

Coinbase Homepage

Coinbase is a US-based crypto exchange and broker offering more than 2500 digital assets. It’s one of our most trusted exchanges due to its long-standing reputation. Anyone who has been in the crypto world long enough has had about Coinbase; a leading crypto exchange platform in the U.S. Since its inception in the U.S. in 2012, Coinbase has built a customer base of over 30 million users in different corners of the world. The broker started as the most user-friendly platform for amateur crypto investors, although you could only buy Bitcoin.

The list has expanded over the years. It currently offers more than hundreds of cryptos, including XRP (XRP). This crypto exchange holds an FCA license in the U.K. and ASIC in Australia when it comes to global regulations. It has other money transmission licenses that enable it to operate in more than 100 nations worldwide. Users are safe from irregular slippages because this is one of the exchanges with the highest liquidity.

Beginners will love the user-friendly interface of Coinbase’s trading platform when learning how to buy XRP in the US. It is simple to use, and you do not need any prior knowledge in the crypto industry to buy Ripple with Coinbase in the U.S. today. You can register and buy crypto within no time. Do you need some extra cash? This broker has a unique educational program that pays you to learn about trading cryptos. Unlike eToro, Coinbase doesn’t support buying XRP using your e-wallet like PayPal. Investors are only able to withdraw their money using PayPal. Instead, you can fund your trading wallet using U.S. bank transfers or debit and credit cards.

Be aware that Coinbase will charge you a transaction fee of 3.99% for every payment you make using a debit or credit card. Another commission of 1.49% will be waiting for you whenever you purchase or sell your XRP. You might be forced to switch to Coinbase pro to enjoy lower fees. These are the main challenges you are likely to face with this broker when buying XRP for beginners in the U.S. High commissions will reduce your profits, so you may want to consider a trading platform like eToro when you’re starting.

Coinbase Fees Summary

Commission Up to $2.99 per trade
Deposit charges 0%
Withdrawal charges 3.99% withdrawal fees on credit/debit cards
Inactivity charges 0%


Pros Cons
Over 200 cryptos Higher commissions than most brokers
No inactivity fees
Low minimum deposits


Or go to Coinbase >

67% of all retail investor accounts lose money when trading CFDs with this provider.

3. Binance

Binance Homepage

Binance boasts of being one of the biggest crypto platforms in terms of daily trading volumes. It serves over 170 countries but only 43 states in the US. US investors have access to more than 50 cryptos when using this broker. You’ll be able to pick a platform of your choice depending on your level of experience and preference. Binance offers three platforms that vary in complexity. Although they have a user-friendly interface, buying XRP for beginners won’t be as easy as eToro and Coinbase. US investors can’t use the Binance platform to invest in XRP because it was banned in the US. Binance US has limited features and can be overwhelming to use for new traders.

If you’re looking for comprehensive charting tools and low fees, you might want to try out this exchange. Auto-trading is quickly becoming a norm as technology advances in the crypto sector. Binance has a public API key where you can integrate your trading robot and custom trading tools. Trading commissions are much lower than Coinbase, at 0.02% to 0.10% for every purchase or sale of XRP.

You will pay a transaction fee of 3% for every debit/credit card purchase. Binance will charge you $10 to buy XRP and $25 every time you withdraw your cash via bank wire transfer. Client funds are kept secure by two-factor authentication, insurance, and cold storage. We have provided a link to their website. You can click it to learn more about buying XRP on Binance.

Binance Fees Summary

Commission At least 0.5% commission
Deposit charges 0%
Withdrawal charges Between $1 to $15, or 3% for credit and cards
Inactivity charges $0


Pros Cons
Binance US is regulated by US authorities Complicated trading platform for beginners
Great trading Platform Binance US offers limited features
Proper Educational guidance and support


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67% of all retail investor accounts lose money when trading CFDs with this provider.

Why Buy Ripple in the US

XRP Ranks High

The XRP is high-ranking crypto that actually works efficiently. Everyone agrees that the current banking system is outdated and flawed in many ways. Sending money to individuals outside your bank can be toilsome. And let’s not forget the costs that come with such transactions. That’s where Ripple Labs comes in.

With the ability to handle 1,500 transactions per second, XRP outperforms traditional methods of payment settlements. Both financial institutions and individuals can benefit from this technology. The technology is affordable, reliable, secure, and fast. We have witnessed a rising demand that is already giving out a weekly trading volume of over $1 billion. It would be foolish to assume that the current banking system will disappear soon. The reality is different. Financial institutions however need a reliable partner to enhance their functionalities and Ripple stands out among all the other cryptos.

Despite a large market cap, the low price of the coin attracts investors as the financial risk is low. Banks function on high liquidity. Analysts say the financial sector will require a larger volume of crypto reserves in the future, and XRP is the best choice. Imagine how the price of XRP will go crazy when banks start pumping in money to acquire the coin for reserve purposes. We might see its value going up by 10,000% and more.

Purchasing XRP Coin in the US today will make you one of the few investors who will be taking home a massive check in a few years. Etherium is up by 2,000%, and Bitcoin by 700,000%. Imagine how much you would have cashed as an early investor in any of these two coins. XRP gives you a similar opportunity to get in at under a dollar and exit when the price will be over $1,000 in a few years. Click on our recommended brokers to start investing in Ripple XRP today.


Anyone can afford an XRP coin unlike cryptos like Bitcoin, Dogecoin, and Ethereum that go for thousands of dollars. You only need $1.07 to invest in XRP. You don’t need to be a professional investor to realize that it might actually be the best time to buy XRP. It is trading lower than previous highs of over $3.0 in 2018. This makes it a low-risk investment and a good buy altogether. The rule of trading crypto is to buy low and sell when the prices are high. There is no standard definition of low and high, but such a price difference indicates that it is safe to buy XRP in the US. If you missed buying Bitcoin when it was going for less than $100, now you have a chance to invest in XRP Coin when it is less than a dollar.

You can grab a serious number of XRP for just a few hundred dollars. Assuming you invest just $1000 for about 1000 coins, your investment will be worth $3,000 when the price goes back to the previous 2018 high. Make a point of buying some XRPs every month when it is still this affordable. Take note that as the company continues to get into multiple partnerships, the value of the XRP coin will soon be out of reach for many who lack deep pockets.


Ripple is currently the sixth-largest cryptocurrency by market cap. The $50 billion market capitalization makes it resistant to dangerous market dips and volatility cycles. This is the kind of stability that investors look for. We all want to invest in a stable asset that will stick around long enough to get our money back and with good revenues. While a certain level of volatility is desirable, you should avoid extremely volatile assets that take your emotions on a roller coaster. A big market cap such as that of Ripple is a solid sign to fuel investor confidence. XRP’s future is pegged on whether or not banks and other financial institutions will adopt it. Stability here is hence a big deal. Banks will not be comfortable holding a coin that is ever racing against its own price. In fact, of all the desirable qualities of money, stability is the most essential. The value of money cannot keep on changing rapidly otherwise it will fail to function as a measure of value. More partnerships from banks will raise investor confidence, and this is likely to push the coin’s prices higher in the next coming years. You can buy XRP on eToro today and forget about it for years because it is a stable coin.

Strong Partnerships:

The brains behind Ripple hope that banks and other financial institutions will adopt this technology and use it to provide faster and cheaper transactions to their clients. The coin’s prices will plummet like a wounded bank if the company fails to get the right partners to ride on its technology. Out of the entire crypto market, XRP has the most potent partnerships and backing of financial institutions like banks. There has been rampant scuttlebutt of the Bank of America testing Ripples technology since mid-2016. Only recently, the bank announced that it was getting into a partnership with Ripple. The German Bank Fidor was the first major bank to get into a partnership with Ripple.

Today, it has more partners, including American Express, Money Gram, MoneyMatch in Malaysia, Royal Bank of Canada, Standard Chartered Bank and the National Bank of Fujairah PJSC in the UAE. You may want to invest in XRP in the US today before it gets into a more strategic partnership that could see the coins price soar to the moon. Google was one of the biggest supporters of Ripple in its early days.

Apple has also mentioned that they prefer crypto payments rather than card methods. The names pushing Ripple have stood behind lucrative startups that ended up blowing up with success, including Airbnb, Facebook and Snap. You wouldn’t want to ignore investing in this coin. eToro will make your journey as seamless as possible.

Ripple is Recovering from SEC Suit:

You may be wondering what caused the big fall in XRP Coin from about $3 to the current $1.18 price. The U.S. Securities and Exchange Commission sued Ripple in December 2020 for illegally selling about $1.3 billion securities under the disguise of XRP tokens. XRP prices fell strongly as investors ran into a panic. Some partners like MoneyGram paused their relationship with Ripple Labs awaiting regulatory clarity. It has turned out that this is a weak case, and investors are starting to regain their confidence in this digital currency. If the judges rule that SEC failed to provide a fair notice, XRP will shoot to the skies.

Even if the financial watchdog wins this case, Ripple Labs CEO, Brad Garlinghouse, has already indicated that they are might be moving their headquarters to an area featuring friendlier jurisdiction. We expect to see an upward trajectory in the prices of XRP as more investor confidence rises. Ripple hinted ongoing public once it resolves SEC Suit. Jump in when it is still this cheap and hold it. You will thank us later.

As of November 2021, Ripple is looking to launch the “Liquidity Hub”, a product that allows financial services firms to offer their customers access to cryptocurrencies. Amidst the lawsuit, Ripple still continues to progress onwards and develop their place in the crypto space.

Buy XRP With Multiple Payment Methods

One of the biggest concerns among investors is how to buy XRP safely. The safest way to invest in Ripple XRP coin in the US is through a licensed broker like eToro. You don’t want to get nuked by scammers. At the end of the day, most crypto exchanges are not running under any regulation. Once you have picked a secure broker, you can safely buy Ripple using e-wallets like PayPal, a credit/debit card or Bank Wire Transfer.

Buy Ripple with PayPal

PayPal is a giant in the electronic payment space, providing users with an online wallet to facilitate their transactions. It’s one of the most secure platforms you can use to buy Ripple in the U.S. today. You can buy Ripple using PayPal in 2021 using PayPal on eToro. You will not pay a fraction of a penny while buying XRP for beginners on eToro.

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Buy Ripple with Credit/Debit Card

Debit/credit cards are a popular method of buying XRP coins among investors in the U.S. in 2021. Credit/debit card transactions are normally instant. It usually takes a few seconds for your funds to reflect, apart from exceptional circumstances where your broker may require you to verify that the card used to finance your trading account belongs to you. You can buy Ripple with a debit card in the U.S. today by simply going to your broker’s funding page and following the procedure given.

Click here to buy XRP via Credit/Debit card with 0% commission >

Risks of Buying XRP in the US

Ripple is Not Decentralized

The main goal for the creation of Ripple was to create a better way of transacting in the banking industry. Blockchain die-hards find Ripple unattractive because it is not decentralized like Bitcoin and other cryptos. It may fail to get as much demand as other decentralized cryptos, affecting how far its prices can go. Most cryptos gained inspiration from Bitcoin. The first-ever definition of cryptocurrencies also came from the ancestor of all cryptos; Bitcoin.

Ripple gained popularity under the shadow of Bitcoin, yet it was not created to be a coin or even a normal currency. Some members of the crypto community have refused to consider XRP coin a real cryptocurrency. Ripple lacks a wallet and mining like traditional cryptos which throws a wrench into any demand that would have been created by traditional crypto investors.

Ripple owns Many XRP Coins

Ethereum is limitless, but Ripple has a limited supply of coins. So, there won’t be any more new XRPs being mined in the future. As the demand for this coin races against its supply, prices will skyrocket. The most dangerous thing that can happen to investors at such a time would be price manipulation. Close to 20% of XRP coins are in the hands of Chis Larsen. Ripple CEO and other board members also hold a significant amount of the coins.

There’s a high chance of manipulation since XRP is concentrated within a few people. This raises a safety concern considering that the company could decide to play tricks on investors when it wants to raise quick funds. Ripple is running against the concept of centralization by being the single largest owner of the XRP Coins. If the sellers one day decide to sell off all their coins, they will leave irreparably consequences on the value of XRP.

Intense Competition

Ripple aims to create efficiency in the banking payment industry that SWIFT is already dominating. Over 11,000 institutions are using SWIFT, and it won’t be an easy battle for Ripple. Ripple faces the challenge of convincing the banking sector why they are much better and more efficient than SWIFT and how this will impact their financials. Ripple also needs to prove that it is here to stay and can service the banking industry. In the crypto world, Stellar might just be the biggest competition for this company.

Stellar comes with fast and cheap transaction processing. Stellar boasts of under three seconds settlement time and an insignificant cost of $0.01 for completing 100,000 transactions. It is already partnering with IBM and KlickEX to expedite the processing of cross-border payments. While no one is yet to establish which of these two coins (XRP or XLM) will fare better– XRP investors had better be aware of Stellar’s potential. Consider spreading your risks by investing in XRP and Stellar.

Buy XRP in the US – eToro Guide

Step 1: Open an Account with eToro

Open an Online Trading Account

Click join now to begin your registration process with eToro. It should take you just a few minutes to get done. You will have to provide your personal details, mainly:

Signup at eToro here to Buy XRP with 0% commission >

  • Your Full Names
  • Email Address,
  • Date of Birth
  • Accept the Terms and Conditions
  • Click on “Create Account”

Open your eToro trading account much faster by clicking on the options for “Sign up with Facebook,” and “Sign up with Google.” Take advantage of these seamless registration procedures if you don’t like following the traditional long method.

Step 2: Upload your ID

eToro verify
Go ahead and submit a photo of your government-issued ID like passport or driver’s license, and a proof of address document for account verification. A recent utility bill, not more than six months old will do. Make sure it has a similar address to the one you submitted during your application. eToro has a technology that automatically verifies identification documents and proof of address within less than ten minutes.

Step 3: Deposit Funds

Deposit Funds

You will need to fund your trading account before you can start buying XRPs. Pick your preferred method of payment and click on “deposit funds”. eToro supports the following methods:

  • Bank Transfer
  • PayPal
  • Skrill
  • Neteller
  • Credit Card
  • Debit Card

Step 4: Search for XRP and Buy

Every asset in the crypto market is identified by a ticker symbol. For your information, Ripple is not crypto but a company, and the coin is XRP. Most people, however, call it Ripple and it has become accepted. The ticker symbol for XRP is therefore XRP. Some brokers such as eToro recognize that XRP is Ripple, while others strictly require you to search for the correct symbol. Once you find it, click on “Trade” and specify your stakes, then open trade.

eToro gives you both options. CFDs might be a little risky so you might first want to learn how to buy XRP as an asset first.

Price Analysis – Should I buy XRP?

XRP has had a relatively stable price over the past few years. 2020 started with a slight pullback that ended in May before we saw a consolidation marking the beginning of an uptrend up to the year’s maximum price of $0.76. XRP price is $1.16 currently, with a 24-hour trading volume of $4,746,344,952. If you’re wondering why this coin’s price seems to be going up and down, you need to know that the XRP trend has a positive correlation with Bitcoin. So, even a 5% change in the price of BTC can affect XRP. Other events have also affected the price of XRP in the past few years. Like any other asset, investor sentiments play a significant role in the price direction of this coin.

We cannot ignore the supply and demand of XRP. In April 2020, there was a robust bearish price after one of Ripple Labs co-founders, Jed McCaleb, cashed out 54 million worth of Ripples. Excess supply pushes prices down while too much demand raises prices. New partnerships with financial institutions are among the key drivers of XRP prices. For example, when Coinbase and Binance drummed up their support for the Flaire airdrop of Spark tokens in December 2020, the value of the XRP shot higher. This bullish trend is likely to get stronger as the company gets into much stronger partnerships in the future. XRP value will respond by surging higher every time a major financial institution agrees to use its network for cross-border settlements.

The most significant event that is currently affecting XRP is the SEC suit. When the stock market watchdog assaulted Ripple in December 2020, prices fell by over 50% in just two days to just under $30 and further dropped to a minimum of $0.17 by the end of the year. The coin also ranked lower, from third place to fourth place. It is now the seventh most important cryptocurrency. Since April 2021, the value of XRP has been on the increase. 14th April 2021 saw the price hit a high of $1.7. It later rose to hit $1.96 but failed after testing the $2.0 level. This became our new resistance. Bears then gained momentum and pushed the price up to around $0.6 before a moderate bullish push came in. This represented a 70% decline, with all indicators pointing to a bearish trend. Based on these pointers price we consider any price below $60 bearish.

XRP has since then defended this critical price level that might determine whether it will trade lower will go lower or skyrocket. The extended price swings could be explained by the sell-off caused by the legal tussle between Ripple and the Regulator and demand brought in by optimistic investors.

As of November 2021, XRP price seems to remain in an accumulative phase; perhaps in preparation for a positive conclusion to the SEC lawsuit. Even during the ongoing lawsuit, Ripple continues to march on releasing their latest product, the “Liquidity Hub” – a product that allows financial services firms to offer their customers access to cryptocurrencies. Our XRP Price Prediction suggests that XRP could reach as high as $2 before 2022 if the SEC lawsuit is resolved and the Bitcoin bull-run continues.

Selling XRP: A Quick Overview

When it comes to selling your XRP coins on eToro, you just need to press the sell button, and you will be out with your profits. This should be an instant process with little or no delays depending on your broker. Delays usually don’t last for more than a few seconds. Keep in mind that you can only withdraw your money back to the same platform you used to fund your trading account. This is an international rule to control money laundering activities.


Institutions such as Money Gram and American Express getting into partnership with Ripple means points to a bright future that will pay incredible earnings to early buyers. The concept of investment always comes down to the risk-reward ratio; in a nutshell, do the potential gains stand out more than the risks of losing your money? Ripple is a hot asset from all angles and will definitely be among the most rewarding cryptos soon. We recommend that you buy Ripple in the US today to be part of the big move that will happen soon.

Best Platform to Buy XRP – eToro

$50Exclusive promotion
Our score10
  • Invest in a wide range of cryptocurrencies
  • Ability to copy more experienced investors and their decisions
  • eToro crypto wallet included which makes it beginner-friendly
0% Commissionstart TradingOur score 10


How to Buy XRP?

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About Eugene Abungana PRO INVESTOR

Eugene Muyonga Abungana is an investment analyst, forex trader, MQL programmer, and financial writer. He is a graduate in economics and finance and currently pursuing studies in sustainable retirement investments. In addition, he has a background in literary journalism and experience in private fund management, institutional trading, and online broker setup. Eugene is a specialist at breaking down complex finance and investment topics into a simple read for everyone.