HomeBuy Ripple

How to Buy Ripple in the UK


Ripple (XRP) is a popular payment cryptocurrency that allows cheap and fast transactions across the globe. This guide will cover everything you need to know about Ripple. From exploring the most popular platforms to buy XRP to investigating the best wallets to store your cryptocurrency assets, we have covered it all in this guide. You’ll also learn some interesting facts and information to help you decide if XRP is worth your investment or not.

Best Crypto Exchanges to Buy XRP in the UK

We listed below the best XRP exchanges.

Sort By Label
Partner Name LabelLabelCTA Disclaimer
eToro1eToro4.8Visit Websiteetoro.comThis ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC) which is highly volatile, unregulated in most EU countries, does not fall under EU protections & is not supervised by the EU regulatory framework. Investments are subject to market risks, including the loss of principal.
Pepperstone2Pepperstone4.5Visit Websitepepperstone.comSpread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80.9% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Eightcap3Eightcap4.4Visit Websiteeightcap.comCFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.04% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Coinbase4Coinbase4.2Visit Websitecoinbase.com
Changelly5Changelly3.7Visit WebsiteChangelly.com
Trading 2126Trading 2124.0Visit Websitetrading212.comCFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

eToro - The Overall Best Way to Buy XRP in the UK

eToro is perhaps the best platform to buy XRP because this broker offers free insurance for up to £1 million, copy trading, different trade order types, and segregated accounts. You can also launch a demo account to test the software and learn how to trade before risking real funds. Furthermore, the platform has multiple deposit methods, fast ID verification, and an interactive crypto app. You can learn more about eToro in the table below:

💰 Trade Values:ETFs, Currencies, Indices, Cryptocurrencies, Stocks, and Commodities.
📊 Software:Website and smartphone app.
🏆 Demo Account Available:Yes
📺 Ease of use:Excellent
⭐ Our rating:5/5
📱 App Available:iOS and Android
🧩 Regulation:FCA, CySEC
💰 Fees:1% of purchase order
⚽ Social Trading:Yes

How We Compare

In the comparison table, we include crucial information such as trade values, fees, and ease of use so that if you are new to cryptocurrencies, you know which platforms are the easiest to navigate and where to go to avoid hefty transfer fees. For your peace of mind while trading, we state whether or not each crypto is regulator-approved and by which institutions.

We even add our own overall rating of each crypto coin.

There is a lot happening in the cryptocurrency market right now, with a variety of tokens created on different platforms and a mode of operation that is very unlike that of traditional financial institutions. Both novice and experienced investors can use our comparison tables to simplify the process of identifying the right cryptocurrencies for them.

As with any investment, the decision to enter the cryptocurrency market requires thorough research. You can rely on us to provide the most up-to-date and accurate information, as we only use credible and reputable sources for our content. This puts investors in the best position to make smart crypto decisions.

Best Platforms to Buy and Trade XRP in the UK

This part of the guide uncovers the best platforms for XRP trading, buying, and storing Ripple.

Buy XRP using cryptocurrency brokers - the easiest way

The most straightforward way to acquire Ripple is via a cryptocurrency broker. These are platforms that facilitate trades between users for a fee. They have simple interfaces and often have an educational section for traders to help them level up their game.

ProviderFee (USD 1000)Get Started
🥇 eToro1% fee for buying or selling crypto.Start with eToro now
🥈 BinanceStarting from 0.1%; varies based on trading volume.Start with Binance now
🥉 KuCoinStarting from 0.1%; varies based on trading volume.Start with KuCoin now


eToro is amazing for its simplistic design principles, which make crypto trading easy for beginners. In addition, the platform features a demo account and in-depth courses to help get started.


Binance provides a premium user experience with an intuitive trading interface, multiple deposit options, and swap pairs for XRP. Also, they have a built-in wallet where you can securely store your crypto assets.


KuCoin is one of the cheapest and easiest crypto exchanges to use because of its many trading tools. Moreover, they focus on providing excellent security, and all users can choose to have a trading interface password with 2-step authentication.

Buy XRP on eToro UK: Step-By-Step Guide

Step 1 Open eToro
Step 2 Verify Your Identity
Step 3 Deposit Money
Step 4 Buy XRP
Step 5 Send Ripple to a Wallet

Best Wallet to Buy and Store Ripple UK - XRP Wallet Comparison

It is recommended to store your crypto assets in a cryptocurrency wallet, especially a cold wallet, rather than an exchange. This is important to shield your funds from different kinds of online attacks. Crypto exchanges are often targeted by hackers, risking the security of your funds. Below you’ll find the best hardware and software wallets for storing XRP short or long-term.

ProviderWallet TypeGet Started
🥇 Ledger Nano XHardware WalletStart with Ledger now
🥈 Trezor Model THardware WalletStart with Trezor now
🥉 Trust WalletSoftware WalletStart with Trust Wallet now

How to Sell Ripple in 2023 Using eToro UK?

Selling coins like XRP is a smooth process with eToro. Here’s a simple guideline for cashing out your investment:

  • Step 1: Sign in to eToro, go to your portfolio, and click on XRP.

  • Step 2: Click "Close" next to XRP. You can then click "Close Trade" to sell all your XRP, or tick "Close only part of this trade" to enter how much of your XRP you want to sell.

Best Apps to Buy XRP in the UK - Most Convenient

Exchange smartphone apps are the most convenient way to invest if you can’t physically access a desktop device. They allow you to trade, stake, withdraw, and deposit coins as long as you have an internet connection. Take a look at the top three options:

ProviderFee (USD 1000)Get Started
🥇 Crypto.comStarting from 0.075%; varies based on trading volume.Download now
🥈 KrakenStarting from 0.26%; varies based on trading volume.Download now
🥉 BinanceStarting from 0.1%; varies based on trading volume.Download now

Buy XRP on eToro App UK: Step-By-Step Guide

Step 1 Create an Account
Step 2 Verify Your Identity
Step 3 Deposit Money
Step 4 Buy XRP

Buy XRP With Crypto Exchanges in the UK- The Cheapest Way

You can experience affordable trading with cryptocurrency exchanges because these platforms follow a low-fee structure. Also, having a high 30-day trading volume will place you in a different fee bracket with better terms regarding the trading fee. These options were selected for providing a premium service along with low platform costs.

ProviderFee (USD 1000)Get Started
🥇 BinanceStarting from 0.1%; varies based on trading volume.Start with Binance now
🥈 KuCoinStarting from 0.1%; varies based on trading volume.Start with KuCoin now
🥉 KrakenStarting from 0.26%; varies based on trading volume.Start with Kraken now

Buy XRP on Binance: Step-by-Step Guide

Inexperienced users can simply go to the Buy Crypto tab at the top, click Credit/Debit Card, and enter an amount of XRP and their card details to make a simple purchase.

If, however, you want access to lower fees and advanced trading tools, you can place an order through the Spot trading feature by following the steps below.

Step 1 Open Binance and Register
Step 2 Deposit Money
Step 3 Open the Trading Interface
Step 4 Place Your Order

Buy XRP Using Decentralised Exchanges (DEX) in the UK - The New Way

A unique way to buy XRP is with a DEX (Decentralised Exchange). This is a decentralised application built on the blockchain that uses smart contracts to run. Moreover, these platforms work by connecting a crypto wallet and swapping tokens using a liquidity pool system. Also, DEXs are unregulated and allow you to purchase coins anonymously.

ProviderFee (USD 1000)Get Started
🥇 SimpleSwapVariesGet started now
🥈 SologenicVariesGet started now
🥉 onXRPVariesGet started now

Can You Buy XRP Using P2P Services?

There are no worthwhile platforms to use that offer P2P services for buying XRP. Instead, you can search for local crypto forum groups and facilitate trades in person. However, when trading in person, wait until the transfer is complete before releasing your funds to avoid getting scammed.

Peer-to-peer (P2P) trading refers to the direct trading of cryptocurrencies between two individuals without an intermediary. Since both parties can choose their preferred form of payment and an agreed-upon fee, it is mutually beneficial.

Can You Buy XRP Using Other Trading Platforms in the UK?

Due to Ripple’s SEC lawsuit controversy, a few crypto platforms have de-listed the token. Here you can examine which exchanges or brokers still offer opportunities in buying XRP.

Cryptocurrency PlatformCan You Buy XRP?Trading Fees
BinanceYesStarting from 0.1%; varies based on trading volume.
TD AmeritradeNoN/A
BitstampYesStarting from 0%; varies based on trading volume.
BittrexYesStarting from 0.35%; varies based on trading volume.
PoloniexYesStarting from 0.155%; varies based on trading volume.
BitrueYesStarting from 0.2%; varies based on trading volume.
CoinDCXYesStarting from 0.2%; varies based on trading volume.
CoinSwitchYesStarting from 0.5%; varies based on trading volume.
Crypto.comYesStarting from 0.075%; varies based on trading volume.
Gate.ioYesStarting from 0.2%; varies based on trading volume.
HotbitYesStarting from 0.2%; varies based on trading volume.
KrakenYesStarting from 0.26%; varies based on trading volume.
KuCoinYesStarting from 0.1%; varies based on trading volume.
RobinhoodYes£0 commissions; varies based on order flow fee and trade volume.
UpholdYesBuy spread of 0.95%.
VoyagerYes£0 commissions
WazirXYesStarting from 0.2%; varies based on trading volume.
WealthsimpleYes£0 commissions.
WebullYes£0 commissions.

Best Ways to Buy XRP in the UK

Here are the top crypto platforms to buy Ripple XRP using different payment methods and what they’re best for.

Buy XRP instantly with online banking - the fastest way

Binance is one of the best platforms that accept online banking as a deposit method with fast transfer times. Also, the exchange will remember your information, making future deposits convenient.

Buy XRP with PayPal - the safest way

You can buy Ripple with PayPal by using it as a deposit method on Crypto.com. Afterward, use the trading interface to purchase XRP.

Buy Ripple using a debit card - the cheapest way

Use your debit card to deposit funds on eToro and navigate to the Ripple page to purchase XRP.

Buy Ripple using a credit card

Investors can top up their accounts on Binance via credit card. This platform is brilliant for its educational resources, multiple Ripple trading pairs, and low fees.

What Are the Fees When Buying Ripple in the UK?

This table discloses the fees you’ll pay for buying £1,000 worth of Ripple, holding it for 30-days, and then cashing out.

PlatformeToro BrokerKraken ExchangeBinance Exchange
Deposit fees£0£0£0
Purchase fees£10£2.60£1
Holding fees£0£0£0
Selling Fees£10£1.60£1
Payout fees£5£0£18
Total fees£25£4.20£20

Cheapest Way to Buy XRP in the UK

Binance, KuCoin, and Kraken Pro have adopted a tier system for calculating fees. Based on your trading volume amount, you can potentially enter a different bracket with better fee rates. The listed options have great liquidity for XRP and better-than-average fee rates.

ProviderFeeGet Started
🥇 BinanceStarting from 0.1%; varies based on trading volume.Visit Binance
🥈 KuCoinStarting from 0.1%; varies based on trading volume.Visit KuCoin
🥉 KrakenStarting from 0.26%; varies based on trading volume.Visit Kraken

Fastest Way to Buy XRP in the UK

These crypto platforms were selected for their quick sign-up processes and instant deposit methods. Also, they all offer excellent trading tools and order types for buying XRP.

ProviderFee (USD 1000)Get Started
🥇 eToro1% fee for buying or selling crypto.Get started now
🥈 Crypto.comStarting from 0.075%; varies based on trading volume.Get started now
🥉 KrakenStarting from 0.26%; varies based on trading volume.Get started now

How to Buy Ripple Anonymously in the UK?

The following section covers how to purchase XRP without revealing your identity.

How to buy Ripple without registration or KYC?

You can avoid the registration and KYC process if you use a decentralised exchange. These applications require connecting a crypto wallet, allowing you to remain anonymous.

How to buy Ripple without verification?

KuCoin allows its users to trade XRP without completing ID verification. However, you can only deposit cryptocurrency, and your account will have withdrawal limits.

Alternatively, you can use a DEX to trade XRP because there is no verification process.

Can you buy Ripple offline?

Ripple cannot be bought offline as you need an internet connection to use brokers ,crypto exchanges, and P2P platforms.

Should You Buy or Sell Ripple?

Ripple could a risky coin to buy due to its history with the SEC. Nevertheless, the coin is being utilised by hundreds of financial institutions, including UBS, Bank of America, and Santander Group, potentially giving it strong fundamental value. Here are some pros and cons if you want to learn more about the coin:

Why should you buy Ripple?Why should you sell Ripple?
Transactions are fast and cheap.Ripple has gained negative attention due to the SEC lawsuit.
Ripple’s payment network is already being utilised by financial institutions.Centralised.
Ripple can be used by individuals and business owners for secure transfers.XRP’s value is volatile and heavily depends on how the overall market is doing.
Ripple has been one of the top-performing cryptocurrencies.Disliked by the community for being centralised.
Supported on most crypto mobile wallet apps.Ripple’s huge market cap means there is little chance for significant profits.

Do You Need to Pay Tax on Ripple in the UK?

There is no tax when you buy or hold XRP. However, as with any cryptocurrency, profits made from selling it are subject to Capital Gains Tax. You should report your crypto activities to HMRC on your tax return, but you will only need to pay CGT on the gains you make above the tax-free threshold.

Ripple Price Prediction: What Is the Future of XRP?

No matter what experts say, predicting Ripple’s future value is near impossible due to its volatility and history with the SEC. This part of the guide will analyze what can impact XRP’s value.

What impacts Ripple price?

The five main factors impacting Ripple’s value are:

  • Adoption: Ripple is doing a great job of getting more banks on board with their payment system. Currently, they have over 100 financial institutions and are increasing that number every quarter.

  • Market Status: Ripple’s value closely follows how the overall market performs. For example, during bull runs, when all altcoins are rising, Ripple will spike in value. However, during bear markets, XRP will bottom out.

  • News: Bad news like SEC suing Ripple negatively affected its price as investors pulled out funds. Similar news can have the same impact.

  • Laws: Countries implementing stricter laws can make cryptocurrencies less accessible, resulting in fewer people investing. Also, unfriendly crypto laws can make it harder for Ripple to become more adopted by institutions.

  • Demand: As demand increases and fewer people sell, Ripple’s value grows. This is because investors are willing to pay more for each coin.

Historical Ripple Course: Major Milestones in the History of Ripple

Below, you can learn about a few major milestones Ripple went through since it was launched.

Other Ways to Make Money With Ripple in the UK in 2023

Now, you’ll learn about alternative ways you can make money with XRP.

Stake Ripple using DeFi or CeFi

Ripple cannot be staked because it uses a consensus protocol to facilitate transfers, not a POS (Proof-Of-Stake) system. Nevertheless, Binance has a flexible saving product for Ripple with approximately 0.45% APR. Therefore, you can still earn passive income.

Buy Ripple using ETPs (ETFs & ETNs)

You can purchase XRP ETPs from 21Shares. These are Exchange-traded products sold on the stock exchange.

Buy and sell NFTs using XRP

NFTs (non-fungible tokens) are unique digital data stored in the blockchain that allows people to represent ownership over digital assets like tickets and art. Ripple has committed $250 million to the Creator’s Fund to bring artists’ NFTs to the XRP Ledger. However, currently, there is no marketplace for trading NFTs with XRP.

Buy stocks and shares in companies owning Ripple

Bank of America is one of the largest entities with investments in Ripple. Their stock is available to buy on eToro.

Use Ripple Faucets

Some cryptocurrency exchanges offer faucets to clients, which are rewards for participating in courses and quizzes. Coinbase is the ideal option for this activity since they offer many promotions. Also, you can track specific courses, and Coinbase will email you when it’s available to complete for rewards.

Fun Fact: Unlike Bitcoin, Ripple cannot be mined. All 100 billion XRP ever created already exist, although not all are in circulation yet.

What Cryptocurrencies Are Similar to Ripple?

Below are some alternatives to Ripple you may want to consider:


For those who wish to send or receive money swiftly and affordably. Stellar might be a better option for you if you're seeking a more decentralised blockchain. However, Ripple is a better option for you if you're seeking a US-based blockchain.


Both coins have unique applications. Ripple's xCurrent software enables banks to differentiate themselves from the competition by offering state-of-the-art cross-border payment services while significantly reducing overall processing costs. Tether allows investors to transfer money while reducing volatility between the regular financial system and the cryptocurrency market.

Bitcoin Cash

Another competitor of Ripple is Bitcoin Cash, but due to XRP's faster transaction processing and lower fees, the Ripple system outperforms Bitcoin Cash.

What to Consider when Buying XRP in the UK

Improves international transfers

Ripple is providing stiff competition to the payment giant SWIFT (the mechanism used by the majority of financial institutions for international money transfers). It offers a global payment network called RippleNet to facilitate international trade.

Financial institutions using RippleNet have the ability to send money using XRP. However, due to the volatility of XRP, most of Ripple's partners avoid it.

Quick and inexpensive

The speed and low cost of each transaction are the two main advantages of XRP. On Ripple, a typical transaction costs 0.0002 XRP.

Each transaction takes an average of five seconds to complete. In general, XRP is an effective way to send money.

It’s value dropped significantly since its all-time high in 2018

In 2021, many cryptocurrencies broke their previous highs, but XRP is an exception. When it briefly reached a price of $3.84 in January 2018, that was its peak.

The price of XRP, which has largely followed the ups and downs of the rest of the cryptocurrency market, reached $1.96 in April 2021. After that, however, its value mostly declined. The complaint from the SEC is perhaps why XRP's gains have been less than other coins.

Is It Still Worth Investing in Ripple in the UK?

This is a decision for each individual investor. Ripple's centralisation will certainly put off some investors, while others might prefer to invest in an asset that has a real company behind it. While XRP has underperformed on the market since 2018, it is possible that if Ripple can put the SEC lawsuit behind it, XRP could still show promise in the future.

Note: Not a Financial Advice (NFA).

Investing in cryptocurrencies will always come with a level of risk.


What is the best provider to purchase Ripple in the UK?
What is the cheapest provider to buy Ripple in the UK?
Is it worth investing in Ripple right now?
Is there a limit to how many XRP I can buy?
What can you buy with Ripple?
Is XRP and XRP Ledger the same?
Author Bio
Dominikas Pupkevicius
Dominikas Pupkevicius
Dominikas is a content and research writer with over 6 years of experience. He is passionate about blockchain technology and believes cryptocurrency is the future of humanity. Dominikas lives in the countryside with his 3 dogs and enjoys long walks.