Discover how to buy XRP (XRP) on an exchange you can trust

Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
XRP (XRP) is currently at
$1.9148
-$0.01830 (-0.96%)
4.4
Last updated on --.

How can I buy XRP on OKX?

Whether you're new to crypto or an experienced trader, you can buy XRP using the OKX Wallet or Exchange.
Step one
Get OKX
Download the app and sign up in a matter of minutes.
Step two
Fund your account
Deposit funds via bank transfer, credit card, or Apple Pay.
Step three
Choose XRP
Select XRP and buy using your chosen method.
Step four
Receive your XRP
Confirm your purchase and store your XRP in your portfolio.

What's XRP?

XRP is a type of digital money that helps people send money to each other quickly and cheaply, like sending a text message. It was created to make it easier and faster to move money around the world, especially between different countries. Imagine if you wanted to send a letter to a friend far away, but instead of waiting days, it gets there in seconds. That's what XRP does for money.

How can I buy XRP?

1) Create an account on OKX by visiting the website and signing up with your email. 2) Complete the identity verification process as required. 3) Fund your account using a bank transfer or credit/debit card. 4) Once your account is funded, go to the trading section. 5) Search for XRP and select it. 6) Enter the amount you wish to buy and place your order. 7) Confirm your purchase and check your account balance.

Why do people buy XRP?

People buy XRP because it helps make money transfers faster and cheaper, especially across borders. It's used by banks and financial institutions to improve their payment systems. XRP is part of a larger network that aims to make global transactions more efficient. However, it's important to know that its value can change, and it's not meant to be a get-rich-quick scheme.

Things to know before buying XRP in the United States

In the United States, cryptocurrencies like XRP are legal but regulated. You must complete KYC (Know Your Customer) and AML (Anti-Money Laundering) checks when setting up an account. Any profits from selling XRP may be subject to capital gains tax. It's important to keep records of your transactions for tax purposes. Always stay informed about the latest regulations.

What are other ways to own XRP?

You can get XRP without buying it by participating in airdrops, where free tokens are distributed to users. Some platforms offer Learn-and-Earn programs where you earn XRP by completing educational tasks. You might also earn XRP by providing liquidity to certain platforms or participating in network activities. These methods require effort and understanding of the risks involved.

How can I store my XRP?

To keep your XRP safe, you can use a custodial wallet, where a service holds it for you, or a non-custodial wallet, where you control it. Hot wallets are online and convenient but less secure, while cold wallets are offline and more secure. Always back up your wallet and keep your recovery phrases safe. Choose a storage method that balances security and convenience for you.

Why should I buy XRP on OKX?

Learn more about the security measures keeping your XRP safe and readily available.
Proof of Reserves
Our 1:1 reserve ensures your funds will always be available to you.
Why should I buy XRP on OKX?
High liquidity
Our high trading volumes mean deeper liquidity and smoother execution for you.
Transparency
We ensure historical market data is available to you at all times.
Security
We adhere to the strictest global security and compliance standards.
Why should I buy XRP on OKX?
Sign up

How to get XRP for free

Invite friends, earn rewards
See how you can get free XRP when you invite friends to trade with you.
Earn APY on your crypto
Earn interest down to every dollar and watch your XRP grow, for free. Put your crypto to work, 24/7.
Join airdrop campaigns
You can get free XRP airdropped to you when you join campaigns.

How to buy XRP (XRP) FAQ

Depending on where you’re located, you can use bank transfer, credit/debit card, or Peer-to-Peer. Read our guide on how to use these different payment methods to buy XRP XRP safely on a trusted exchange like OKX.
Choose the best exchange to buy XRP (XRP) depending on your individual needs. Factors to consider when picking the best place to buy XRP (XRP) include: security measures, platform transparency, fees, and efficient transaction processes. First-time beginners can consider trusted exchanges such as OKX.
Countries and regions differ on how digital assets transactions and holdings are taxed and how they view digital assets in general (money, property, commodity). In general, it is expected that you will pay capital gains tax when selling or swapping XRP. Refer here for a more detailed guide.
There are exchanges that offer users privacy and do not require verification to complete transactions. However, it is important to exercise caution as such exchanges might be more prone to fraud.
Use a trusted, centralized exchange such as OKX, which offers the ability to buy and sell XRP (XRP), as well as fiat withdrawal options.
This depends on the method you use to convert XRP (XRP) to cash. Withdrawals to a bank can take one to three working days to process, while withdrawals to a debit card can be almost instantaneous.

Disclaimer

This is provided for informational purposes only. It is not intended to provide (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances. Not all products are offered in all regions. For more details, please refer to the OKX Terms of Use and Risk Warning. OKX Web3 Wallet and its ancillary services are subject to separate Terms of Service.

You are viewing content that has been summarized by AI. Please be aware that the information provided may not be accurate, complete, or up-to-date. This information is not (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances.