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How To Buy XRP With PayPal

Last updated 19th Aug 2022

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PayPal is one of the world’s most popular payment solutions so it’s needless to say that many crypto investors will begin researching whether they can buy their favourite coin using it. One currency that many will look at is XRP, which is available on several exchanges, although it’s a little trickier to find if you live in the US. In this guide, we’ll cover everything you need to know about buying XRP with PayPal, including the best ways to purchase the coin and the top things to look out for.

Top XRP Brokers That Accept PayPal

When you’re ready to buy XRP, you can choose from one of several platforms. Below, we’ve listed the top providers to help you get started right away.

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Can You Buy XRP With PayPal?

PayPal lets you buy several cryptocurrencies directly from its payment platform. Unfortunately, XRP is not one of them. Don’t worry, though, you can purchase your money from other service providers using PayPal. In the section below, we’ll identify the different choices.

What Crypto Platforms Accept PayPal?

Buying cryptocurrencies has become more complex due to the number of platforms that exist these days. One of the most common places to purchase XRP is through a cryptocurrency exchange, but that’s by no means your only option. Below, you’ll find a list of the crypto platform types that accept PayPal.

Cryptocurrency brokers:

  • Cryptocurrency brokers facilitate trading XRP through buying and selling the underlying assets. In comparison to crypto exchanges, this means that you do not own the coins outright after purchasing. You can sell your assets based on when the market suits your needs. This service is best if you want to make short-term gains. eToro is one broker that sells XRP assets.

Cryptocurrency exchanges:

  • Some cryptocurrency exchanges will let you buy XRP, and when you do, you’ll own the coins outright. One example is Binance. It’s worth noting that many platforms have delisted XRP due to an ongoing legal dispute with the US Securities and Exchange Commission (SEC).

Peer-to-peer (P2P) marketplaces:

  • P2P marketplaces involve you buying XRP from another user, and the intermediary will only get involved if you have a dispute. It’s worth remembering that scams can and do happen on these platforms, so it’s a good idea to talk to the seller before purchasing. An example of a P2P marketplace selling XRP is Coinmama.

How to Buy XRP With PayPal

When you buy XRP with PayPal, the process will differ a little depending on whether you use a brokerage or a crypto exchange. We’ve listed the steps you need to follow for both of them.

Cryptocurrency Brokerages

Step 1: Create an account
Step 2: Verify your identity
Step 3: Deposit money
Step 4: Decide how to trade
Step 5: Buy now

Cryptocurrency Exchanges

Step 1: Create an account
Step 2: Look for XRP
Step 3: Decide the amount of XRP
Step 4: Set your payment method
Step 5: Store your coins

Some cryptocurrency exchanges will ask you to complete a KYC check, especially if it’s a centralized platform.

How to Deposit and Withdraw via PayPal


  • To deposit via PayPal, you’ll need to look for a button prompting you to add money to your account. On eToro, this feature is called “deposit funds”. When you’re there, you’ll need to select how much you want to deposit into your account using fiat currencies (e.g. USD/GBP). You’ll also have to pick the payment option you’d like to use, which in this instance is PayPal.


  • Withdrawing money from a broker platform to your PayPal account is easy. You’ll need to find an option letting you do this; on eToro, it’s called “withdraw funds”. Once you’re on this page, you can enter how much you’d like to transfer; again, this will be in fiat money. You’ll also need to select where you want your money to go. Choose PayPal, and enter your account information. Once you’ve confirmed everything, your money will be on its way.

What Should I Look for in a PayPal XRP Broker?

Before you buy XRP with PayPal, you need to make sure that you pick the right place to buy. Below, you’ll find a bulleted list of five things you should look out for when choosing a PayPal XRP broker.

Fee Charges:

  • Some brokers allow you to use PayPal, but this isn’t necessarily going to be free. Many platforms will charge you for depositing money, and they’ll do likewise when you withdraw. Crypto exchanges, meanwhile, will charge both of these — plus maker and taker fees for buying and selling. Costs vary depending on the service you use, so it’s worth shopping around beforehand.

Variety of Trading Options:

  • You want to ensure you can pay with PayPal, but you still want to make sure you’re trading with a good broker. The best platforms will let you trade several cryptocurrencies and might also allow you to buy and sell company stocks.


  • Sadly, not everyone will have your best interests in mind. There are a lot of rogue platforms that you must beware of. Before you sign up to buy XRP anywhere, read customer reviews to determine whether or not you should place your trust in them.


  • You want to be able to buy XRP with the utmost convenience. Look for a broker that facilitates fast transactions and also has an interface that’s easy to use.


  • XRP is a little tougher to find because many platforms have delisted the coin. Before signing up to any broker or exchange, you must do additional research to confirm that you can purchase the coin you want using the service.

Should I Buy XRP Using PayPal?

Having read this far, you should have a good idea of where you can buy XRP using PayPal. We’ve also discussed the top things you must consider when doing so. So, is it worth buying XRP using PayPal? Let’s find out below.

Pros & Cons


It’s easy to deposit and withdraw using PayPal.
It’s easy to sign up for a PayPal account.
PayPal lets you deposit money using a variety of fiat currencies.
PayPal is a secure way to deposit money in your account.
Transactions are often instant.


PayPal isn’t widely accepted on crypto platforms.
Fees are often high when you use PayPal to buy XRP.
You can’t buy XRP from PayPal, whereas you can for the likes of Bitcoin and Ethereum.
You can’t use PayPal to buy XRP with other cryptocurrencies.
You’ll need to use a separate wallet to store your XRP.

Is Using PayPal the Best Method to Buy XRP?

PayPal is convenient for buying XRP, but we wouldn’t say that it’s the best. Fees are high, and you’ll have more of a difficult time finding a platform that lets you deposit into your account using this payment method. Instead, we recommend using one of the payment methods we’ve listed below to buy XRP.

What Are the Alternative Payment Methods to Buy XRP With?

If you’ve decided that PayPal isn’t the best option for you to buy XRP, you can use other payment methods to fund your account. Below, we’ve listed a selection of these and provided a quick overview.

Credit/debit cards:

  • One of the most common payment methods used to buy XRP is a credit or debit card. Almost every exchange and broker will accept these payment methods. While they’re convenient, it’s also important to remember that the fees associated with using them are often high.

Bank transfer:

  • Bank transfers are another widely-accepted way to fund your account and purchase XRP. Doing so is straightforward, all you need to do is choose this option when you’re ready to add money before entering your bank details.

Other Cryptocurrencies:

  • The cheapest way to buy XRP is by using other cryptocurrencies and exchanging them. This method works if you already have something else, such as Bitcoin. Most crypto exchanges and wallets will let you trade your coins directly.


  • Skrill is a popular digital wallet that is used on a selection of cryptocurrency brokerages. Depositing money into your account works similarly to PayPal. You can also use the platform for fiat-to-crypto withdrawals.

Final Thoughts

XRP is not as widespread on platforms as larger currencies like Bitcoin are, but there are still a few places to purchase it from. If you still decide that you’d like to use PayPal for this, we recommend buying your coins from eToro.


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Khashayar Abbasi

Khashayar Abbasi

Khashayar discovered Bitcoin back in 2014 and has since spent countless hours researching the different use cases of cryptocurrencies. He has a bachelor's degree in International Relations and has been a writer in the financial services industry for nearly half a decade. In his spare time, Khashayar enjoys photography, cycling, and ice skating.