XRP has stood the test of time in the ever-evolving cryptocurrency landscape. Since its inception, it has weathered legal storms, regulatory scrutiny, and market volatility—emerging as one of the most resilient digital assets. As we move through 2025, interest in buying XRP continues to grow among both retail and institutional investors. This comprehensive guide explores the best platforms to buy XRP, how to securely store it, and what makes this digital asset unique in today’s crypto ecosystem.
Top Platforms to Buy XRP in 2025
When it comes to purchasing XRP, choosing a reliable and feature-rich exchange is crucial. Below are the top five centralized exchanges where you can confidently buy XRP in 2025.
1. Binance
Founded in 2017 by Changpeng Zhao (CZ), Binance remains the world’s largest cryptocurrency exchange by trading volume. With over 250 million users across 100+ countries, Binance offers a full suite of services including spot trading, derivatives, staking, NFT marketplace, and savings products.
Pros:
- Extensive trading options (spot, futures, margin)
- High liquidity for XRP pairs
- Robust security infrastructure
- User-friendly interface for beginners and pros
Cons:
- Some services restricted based on region
- Occasional platform outages during high volatility
👉 Discover how to start trading XRP with low fees and advanced tools today.
2. Bybit
Launched in 2018 by Ben Zhou, Bybit has grown into the second-largest CEX by trading volume. Known for its powerful derivatives offerings—especially futures and options—it also supports copy trading and automated bots.
Pros:
- Advanced trading tools and analytics
- Multi-asset support beyond crypto (forex, commodities)
- Generous referral bonuses (up to 5,050 USDT)
- Low latency execution engine
Cons:
- Limited fiat onboarding options
- Geographic restrictions apply
3. Coinbase
Established in 2012 by Brian Armstrong and Fred Ehrsam, Coinbase is a U.S.-based exchange that serves as a popular entry point for new crypto users. Trusted for its regulatory compliance, Coinbase offers an intuitive platform with educational resources and a non-custodial wallet.
Pros:
- Beginner-friendly design
- Strong adherence to U.S. regulations
- Proprietary Layer 1 blockchain (Base) and wallet integration
- Learn-and-earn programs
Cons:
- Higher fees compared to competitors
- Past criticism over customer service responsiveness
4. Kraken
Operating since 2011 as a Bitcoin-only exchange, Kraken now supports a wide range of cryptocurrencies including XRP. It's renowned for advanced trading features, strong security protocols, and 24/7 customer support.
Pros:
- Up to 50x leverage on derivatives
- Excellent order execution
- Transparent proof-of-reserves reports
- Dedicated institutional arm (Kraken Institutional)
Cons:
- Suffered a security breach in 2024, impacting trust temporarily
5. OKX
Originally known as OKEx, OKX rebranded in 2022 and has since become a global leader in crypto trading. The platform excels in low fees, advanced trading capabilities, and innovative products like trading bots and a ZK-based Layer-2 blockchain.
Pros:
- Industry-low trading fees (as low as 0.08%)
- ISO-certified security standards
- Built-in non-custodial wallet
- Comprehensive API for algorithmic traders
Cons:
- Customer support can be slow
- Not available in all jurisdictions
What Is XRP?
XRP is the native cryptocurrency of the XRP Ledger (XRPL), an open-source, decentralized blockchain launched in 2011 by David Schwartz, Jed McCaleb, and Arthur Britto. Later joined by Chris Larsen, they formed OpenCoin—renamed Ripple Labs in 2013.
Unlike Bitcoin’s proof-of-work or Ethereum’s proof-of-stake models, XRPL uses a consensus algorithm based on Byzantine Fault Tolerance, enabling fast and energy-efficient transactions.
“XRP was designed for banks and financial institutions—not peer-to-peer payments.”
— Crypto Analyst Nixx Blackwood
Initially developed to streamline cross-border payments via RippleNet, XRP aimed to offer faster settlement times and lower costs than traditional SWIFT transfers. While widespread bank adoption hasn’t materialized as expected, XRP remains widely used for fast, low-cost remittances and digital asset transfers.
In 2020, the U.S. Securities and Exchange Commission (SEC) sued Ripple Labs, claiming XRP was an unregistered security. However, a landmark 2023 ruling determined that XRP is not a security when sold to retail investors. After appeals, the SEC dropped the case in March 2025—marking a major win for Ripple and boosting market confidence.
Since then, XRP’s price and market cap have shown strong momentum, with growing speculation about its potential to challenge Ethereum’s dominance.
Where to Store XRP?
After buying XRP, transferring it to a secure non-custodial wallet is essential for long-term safety. Here are the top wallets compatible with XRP:
- Xaman: A dedicated XRPL wallet offering seamless interaction with DApps and tokenized assets.
- Trust Wallet: Mobile wallet supporting multiple chains and integrated Web3 browser.
- Ledger: Hardware wallet providing cold storage with military-grade security.
- Trezor: Open-source hardware option known for transparency and reliability.
- Exodus: User-friendly desktop/mobile wallet with built-in exchange and portfolio tracking.
Important Note: The XRP Ledger requires a minimum reserve of 10 XRP to activate an account. This prevents spam and network abuse. Additional reserves may apply if you hold trust lines or issue assets.
👉 Learn how secure wallets integrate with top exchanges for seamless XRP management.
How to Choose the Best Platform to Buy XRP
With so many options available, selecting the right exchange depends on your priorities. Consider these key factors:
Fees
Compare:
- Trading fees (maker/taker rates)
- Deposit and withdrawal costs
- Inactivity or account maintenance fees
For example, OKX offers some of the lowest trading fees at 0.08%, while Coinbase charges higher spreads on instant buys.
Features
Look for:
- Spot and derivatives markets
- Automated trading bots
- Copy trading functionality
- Staking or yield-generating products
Advanced traders may prefer Bybit or OKX, while newcomers might lean toward Coinbase’s simplicity.
Security & Consumer Protection
Evaluate:
- Cold storage practices
- Proof-of-reserves audits
- Regulatory licensing (e.g., MiCA compliance in Europe)
- Insurance coverage for user funds
Platforms like Kraken and Binance publish regular transparency reports, enhancing trust.
“We are a publicly traded U.S. company… Our balance sheet is strong with no debt.”
— Robinhood Financial Update, 2022
Ensure your chosen platform segregates user assets and has mechanisms for dispute resolution or compensation in case of breaches.
Why XRP Remains Popular in 2025
Despite years of legal uncertainty, XRP has proven its resilience. Its efficient consensus mechanism, low transaction fees (~$0.0002 per transaction), and fast settlement (3–5 seconds) make it ideal for payment solutions.
Moreover, the resolution of the SEC lawsuit has cleared regulatory hurdles, leading major exchanges to relist XRP and attract renewed investor interest. With growing use cases in remittances and decentralized finance (DeFi), XRP continues to hold relevance beyond speculation.
Frequently Asked Questions (FAQ)
Can I buy XRP on major exchanges?
Yes. You can buy XRP on leading platforms like Binance, Bybit, Coinbase, Kraken, and OKX. However, availability varies by country due to regulatory policies.
What is XRP used for?
XRP was originally designed to enable fast cross-border payments between financial institutions via RippleNet. Today, it’s widely used for low-cost remittances and as a bridge currency in crypto trading.
Is it legal to buy XRP in the U.S.?
Yes. Following the SEC lawsuit dismissal in March 2025, U.S. regulators acknowledged that XRP is not inherently a security. Most major U.S.-compliant exchanges now offer XRP trading.
Do I need a special wallet for XRP?
Yes. Not all wallets support XRP due to its unique reserve requirement. Use XRPL-compatible wallets like Xaman, Trust Wallet, Ledger, Trezor, or Exodus.
How much does it cost to send XRP?
Transaction fees on the XRP Ledger are minimal—typically around $0.0002, regardless of network congestion.
Should I keep XRP on an exchange?
While convenient for trading, keeping large amounts of XRP on an exchange poses risks. Always withdraw to a non-custodial wallet for better control and security.
👉 Start your journey with secure trading and storage solutions trusted by millions.
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Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Always conduct your own research before making any investment decisions.