Introduction
When purchasing XRP, there are several factors to think about, including picking an exchange to buy it from and the transaction method. Fortunately, we’ve put together a bunch of reputable exchanges to help you with the process.
Step-by-Step Guide
1. Choose an Exchange
Research and choose a cryptocurrency exchange that operates in Australia and supports XRP trading. Consider factors like fees, security, and user reviews.
2. Create an Account
Sign up on the exchange's website or mobile app, providing personal information and identity verification documents.
3. Top Up Your Account
Transfer funds to your exchange account using supported payment methods like bank transfer, credit card, or debit card.
4. Navigate to the XRP Market
Once your account is funded, search for XRP (XRP) in the exchange’s marketplace.
5. Choose a Transaction Amount
Type in the desired amount of XRP you wish to buy.
6. Confirm Purchase
Have a look at the Transaction Details and Confirm Your Purchase by clicking the Buy XRP or equivalent button.
7. Complete Transaction
Your XRP purchase will be processed and deposited into your exchange wallet in no time.
8. Transfer to a Hardware Wallet
It's always best to keep your crypto in a hardware wallet for security reasons. We always recommend Wirex or Trezor.
What to be Aware of
When buying XRP, it’s important to select a reputable exchange that's easy to use and has reasonable fees. Once you’ve done this, always transfer your crypto to a hardware wallet. That way, no matter what happens to that exchange, your crypto is safe.
Latest Movements
XRP (XRP) is currently priced at USD 2.56 with a 24-hour trading volume of USD 5.17B. Over the last 24 hours, XRP has experienced a decrease of -3.11%. The market cap of XRP stands at USD 131.18B, with 57.45B XRP in circulation. For those looking to buy or trade XRP, Nexo offers avenues to do so securely and efficiently
- Market cap
- USD 131.18B
- 24h volume
- USD 5.17B
- Circulating supply
- 57.45B XRP