Buy Ripple XRP Price Today, Live Charts and News

Gianluca Miller’s crypto journey started in 2019 when he sought alternative assets to diversify his investment portfolio. With a keen interest in innovative technologies, he became increasingly involved in Web3 through trading crypto and participating in DeFi protocols. Over the last few years, he has become a blockchain evangelist, fascinated with the tech’s utility and impactability. Gianluca contributes to Benzinga, is working on a Defi research project through Blockchain UCSB, and continues to expand his Web3 acumen daily. He loves learning, analyzing new projects and market conditions, and building relationships with industry leaders. When deciding on a wallet for your cryptocurrency, it’s important to check that it will work with the XRP network, as well as the exchange you plan to use.

Step 1. Create an Account

1. Red markets provide excellent opportunities for investors to increase or start new positions in assets with solid fundamentals.
2. XRP has dropped over 20% in the last week, and some investors see this as an excellent opportunity to build their holdings of this token.
3. XRP and the blockchain it runs on, the XRP Ledger, are billed as a better way to send money across borders.
4. Coinbase accepts debit cards, ACH deposits, wire transfers, Apple Pay and Google Pay, allowing you to buy cryptocurrency easily.
5. Ripple’s XRP cryptocurrency is one of the most popular digital assets, consistently ranking among the ten dominant crypto assets by market capitalization.

After selecting the token, confirm the amount you want to purchase and pay using your preferred payment method. XRP’s large market capitalization makes it widely accessible across many exchanges. Investors can use a decentralized exchange (DEX) or a centralized exchange (CEX) to make purchases. The main difference between the two is that CEXs have a single entity that acts as custodian, facilitating transactions, security, and support.

Today’s Ripple price versus ATH

XRP (XRP) was launched in 2012 by David Schwartz, Jed McCaleb and Arthur Britto. It was designed as a digital payment network to reduce the cost of international payments. Ripple (XRP) launched in 2012 with a bold mission to shake up international remittances by using cryptocurrency to help people move money around the world.

Comparatively, larger and more popular cryptocurrencies like Bitcoin (7 tps) or Ethereum (30 tps) are much slower. While other legal issues remain for Ripple and XRP, that ruling led several popular crypto platforms to resume listings of the embattled cryptocurrency. We believe everyone should be able to make financial decisions with confidence. He’s researched, written about and practiced investing for nearly two decades.

We’ve listed some popular ways to buy XRP and bank accounts that let you draw in opposition to uncleared cheques what you should know about each payment method. To create an account with your chosen crypto platform, you only need an email address or mobile number. A spot Ethereum ETF is an ETF that tracks the price of Ethereum and is traded on traditional stock exchanges rather than cryptocurrency exchanges.

Some platforms only offer 1 way to buy Ripple, while others provide several choices. The 2 most common ways to buy XRP are on the spot market or with an “instant buy” feature. “Top picks” are those we’ve evaluated to be best for certain product features or categories – you can read our full methodology here. If we show a “Promoted Pick”, it’s been chosen from among our commercial partners based on factors that include special features or offers and the commission we receive. The last step will involve you checking the transaction details and confirming that they are correct.

When comparing offers or services, verify relevant information with the institution or provider’s site. It acts as an infrastructure layer that supports low-cost, borderless transactions and allows for transferring money and cryptocurrency. The asset is used for value transfer within the network, similar to how Bitcoins (BTC) are used within the Bitcoin network or Ether (ETH) within the Ethereum blockchain. We had also outlined a simple step-by-step process to acquire XRP from Uphold, one of the few exchanges that still allow its users to buy XRP. Most other exchanges offer a similar process to buy crypto, but the details may vary. You can tinker with your chosen platform to figure out the process or contact the official customer support for help.

Securities and Exchange Commission (SEC) alleged that XRP was a security and charged XRP’s parent company — Ripple — with violating securities laws. Finder’s panel expects the XRP price to trade as high as $0.90 by the end of December 2022 from the current price of $0.53. However, should XRP lose its case with the SEC the panel expects its value to drop to $0.24. Unfortunately for investors, we won’t know the outcome of the case until 2023.

Where could XRP’s price be heading?

You may have to tinker a little bit with your favorite platform to figure out the process, but once you have gone through the other steps outlined above, buying should be simple. Different trading platforms will support various payment methods according to their user’s needs. One platform may allow its users to deposit and withdraw using a particular channel, while another will not support that channel altogether. The crypto market has been in a slight downtrend over the last week, likely because of geopolitical risks and uncertainty. Over the previous seven days, BTC fell around 10%, and ETH tumbled 12%. Given the significant market dominance of these two tokens, when they fall, altcoins tend to be more sensitive to price action, leading to increased volatility.

However, some exchanges don’t accept all cryptocurrencies — and some cryptocurrencies can’t be traded with one another — so be aware of those limitations as you prepare to buy. Additionally, exchanges charge different fees depending on what you’re buying and how. Our partners cannot pay us to guarantee favorable reviews of their products or services. Before making your purchase, research which trading platform suits you best based on security and ease of use. Like many things in life, there are some caveats, especially if you’re purchasing XRP with another crypto.

It is worth differentiating between XRP and Ripple because the two entities are not the same, and often people wrongly use these terms interchangeably. Ripple is the fintech company that is developing a payment settlement system called RippleNet, while XRP is a cryptocurrency native to the XRP Ledger blockchain. Ripple does make use of XRP within the RippleNet, but the cryptocurrency is not essential to the functioning of the company. Keep in mind, other fees such as trading (non-commission) fees, Gold subscription fees, wire transfer fees, and paper statement fees may apply to your brokerage account. After investing in a cryptocurrency like XRP, the last thing you want is to lose your tokens.

If you’re ready to get started, read on for step-by-step instructions and a list of platforms you can use to buy Ripple in the US. Whichever figure you provide, Uphold will automatically convert and fill in the appropriate amount in the corresponding form field. If you provide the fiat amount you wish to spend, the exchange will automatically fill in the amount of XRP coins you will get.