Dramatic surge in Ripple (XRP) price has grabbed many cryptocurrency fans attention. As of now, it’s the third highest cryptocurrency in the crypto marketplace by market capitalization. For many, it’s totally a new concept and majority of people came to know about it via media. Ripple can be a good and efficient way to send money globally. It reduces transaction cost significantly. On 02-12-2017, one Ripple coin price was $0.31 or ₹20 and within a month its price had gone up so much ($3.5 or ₹200 per token). Thereafter, its price plunged and as of now one Ripple (XRP) price is $1.2 or ₹80. These price fluctuations show that how volatile cryptocurrencies are. This world is entering into a new payment era that will change the way we make payments and it’ll benefit us in the future. Currently, cryptocurrency market is looking for a stable cryptocurrency. Ripple has many qualities that can stabilize it in the future. It has introduced an appreciable payment solution for the banks but many banks are hesitating to adopt it. In this post, I’ve come up with best Ripple wallet exchanges to buy Ripple (XRP).
I don’t think Ripple token will perform like Bitcoin but it can give you higher returns. However, while investing in any cryptocurrency, keep in mind that you can lose all of your hard earned money. Therefore, only invest in a cryptocurrency if you’re ready to lose it.
Those who have invested in Ripple in its early days are in great profit. Some think that it’s too late to invest in Ripple and some think it’s just the beginning. So, in simple words, it’s just like gambling. There’s no grantee that you will earn something. However, it would be a wise decision to taste it by investing a small portion of your income.
You should choose a best Ripple wallet exchange to buy Ripple (XRP). For your information, to book a Ripple wallet address, you need 20 Ripple tokens which means if you buy 100 XRP then 20 XRP will be used to book the Ripple address. Therefore, choose a wallet that lets you spend all of your Ripple.
You can find many Ripple exchanges online and in this post I’ll be showing you the best Ripple wallet exchanges that will help you buy and store XRP safely. Before I show you a list of best Ripple wallet exchanges, read these Q&A section.
What is the minimum amount of Ripple or XRP I can buy?
As mentioned above, to book a Ripple wallet address, you should have 20 tokens therefore minimum amount that you can buy is 20 XRP. However, it depends on your exchange for example on Koinex (for India only) exchange you can buy minimum 50 XRP.
How to buy Ripple or XRP?
It’s very easy to buy XRP. All you need to do is pick one of the best Ripple wallet exchanges listed below and then create an account on the wallet website. After creating the account, you’ve to add money to your wallet (on some wallets you’ve to use Bitcoin to buy Ripple) and then you’re ready to buy XRP online.
How to pick a best Ripple wallet exchange?
You can pick a Ripple wallet that offers good customer service. Read review and try to know what kind of problems people are facing on that wallet. If people are complaining that exchange does not respond to their queries then stay away from that exchange. If people are complaining that they’re losing their funds then don’t choose that exchange to buy your XRP.
Check transaction fee: Transaction fee varies country to country and exchange to exchange therefore pick a Ripple exchange that has minimum fee with high quality services.
Check price: Price also varies. Therefore, find an exchange that offers reasonable price.
Where should I store XRP?
After buying Ripple, next thing to decide is how to keep XRP safely. Here, as of now, the best way to store your XRP is hardware wallet. A hardware wallet lets you store your XRP in a secure environment. These are the physical devices that help you store your cryptographic assets offline. There is no chance of hacking. You can also store your XRP in a software wallet like Toast Wallet. You can also let you XRP on your exchange but it’s not recommend because your exchange can get hacked anytime and you can lose all of your coins.
Do you know?
You can store multiple coins on a hardware wallet which means if you own Bitcoin, Litecoin, Ripple, Ethereum, NEO, Zcash etc then you can move them to your hardware wallet.
Ledger Nano S is one of the best hardware wallets out there. You can buy it to store your coins offline. Click here to know more about Ledger Nano S or click here to get a list of best hardware wallets.
Here are the Best Ripple wallet Exchanges to Buy Ripple (XRP)
Below is a list of best Ripple wallet exchanges to get XRP.
Bittrex is one of the best cryptocurrency exchanges in the world. You can buy Bitcoin and altcoins from this exchange. You’ve a vast list of cryptocurrencies to choose from. You can choose this exchange to buy your Ripple. First, you’ll need to create a Bittrex account then you will need to verify your account. After verifying your account, make sure to enable two factor authentication.
You cannot buy altcoins from this exchange using your local currency therefore first you’ll need to buy Bitcoins from your local Bitcoin exchange then you’ll have to send that Bitcoins to your Bittrex account. And then you can use your Bitcoins to buy any altcoin of your choice.
Bittrex’s user verification time is very less. Register and buy Ripple from Bittrex.
Another renowned cryptcurrency exchange to buy altcoins. It’s one of the fastest growing crypto exchanges in the world. For your information, Binance is both a coin and an exchange. This exchange is working to offer you best and reliable platform to buy altcoins. The exchange can process 1.4 million orders per second so you can expect quick buy and sell from this exchange. You can earn tokens from this exchange that you can use to pay your transaction charges.
You can buy Ripple or altcoins from this exchange using Bitcoin or Ethereum. After creating and verifying your Binance account, just transfer Bitcoin or Ethereum to it and then you can exchange BTC or ETH for Ripple. Click here to visit official Binance website.
Bitstamp is a prominent Bitcoin and altocoin exchange. You can buy Bitcoin Cash, XRP, Litecoin, and Ether from this exchange using USD or Bitcoin cryptocurrency. It supports almost all credit cards so you can add USD to your Bitstamp account for trading purpose. This is also a safest bet for buying Ripple.
Due to sudden surge in user registrations, Bitstamp is taking too much time to verify user accounts. However, it’s a best pick to buy altcoins. Click here to register on Bitstamp.
This San Francisco-based exchange is the largest Bitcoin exchange by Euro volume. It’s a best rated Bitcoin exchange. Using this platform, you can trade in Bitcoin, Bitcoin Cash, Ethereum, Monero, Dash, Litecoin, Zcash, Dogecoin, and may more including Ripple. The exchange offers you advanced security features like two-factor authentication. There’s no doubt that this exchange is one of the best Ripple wallet exchanges out there. You can use Bitcoin, USD, Canadian dollars, Euros, and Japanese Yen to buy altcoins from this exchange. Register on Kraken.
Changelly is a best solution for cryptocurrency traders. You can exchange your cryptocurrency readily using this platform. You can exchange Bitcoin, Ethereum, Litecoin, US dollar, Monero, Zcash, Dogecoin, and many more for XRP. It’s a well-known cryptocurrency exchange with a good track record. This exchange does not offer cryptocurrency wallet addresses therefore to buy Ripple from this exchange you’ll have to create a Ripple wallet account on your local exchange then you can send your Ripple to your wallet address. If you’ve a hardware wallet then you can easily create a Ripple wallet using your hardware wallet and then you can enter that XRP wallet address on Changelly to receive your bought Ripple.
Changally fee is reasonable. Register and buy Ripple from Changelly.
There are rumors out there that Coinbase may add Ripple to its exchange. If it happens then Ripple will probably see a record high surge. But we’ve not heard any official announcement from the exchange side. You should create an account on Coinbase. Register on Coinbase and get free Bitcoin worth $10.
Above was a list of best Ripple wallet exchanges. However, you can find some reputed local exchanges also. If you belong to India then here is a list of best Ripple wallets in India.
List of Best Ripple Wallets in India (Online)
In India, cryptocurrency market is evolving very rapidly. Indian cryptocurrency traders are showing great interest in Ripple or XRP coin; probably because of its low price. If you’re willing to buy Ripple in India then you can choose any of these listed Ripple exchanges.
This is the first Indian Ripple exchange from whom I bought my first Ripple coin. My experience was quite good with this exchange. It’s a multi-coin exchange. Apart from Ripple, you can buy Bitcoin, Bitcoin Cash, Litecoin, Ethereum from this exchange. I kept my Ripple on this exchange for a long time but later on, for my peace of mind, I moved my XRP to my Ledger Nano S. You can buy Ripple from this exchange. Koinex lets you buy cryptocoins using Indian rupees. Here is a guide to know how to buy Ripple from Koinex.
It’s India’s leading cryptocurrency exchange based out of Hyderabad. It’s a reliable exchange to buy Ripple in India. You can do real time trading on this platform. You can securely buy and sell XRP for INR. BTCXIndia uses highest levels of security to store your coins safely. You can pick this exchange to buy Ripple in India. Register on BTCXIndia.
All Indian Bitcoin traders are well known to this exchange. Zebapay has recently added Bitcoin Cash and Litecoin to its platform. It’s changed its app based platform totally. Now you can trade Bitcoin, Bitcoin Cash, and Litecoin. Currently, it does not support Ripple coin but they are coming soon. If you’ve have not registered on the exchange yet then I advise you register ASAP. You can register using this link to get free ₹100 on your first purchase.
If you’re planning to add Ripple coin to your portfolio then you can choose any of the above listed Ripple exchanges.
Where to store Ripple after buying them?
Holding a cryptocurrency on an exchange is very risky. First, your exchange may run away with your crypto-assets and secondly, if it does not run away then it might get hacked. Therefore, you should use a software wallet, paper wallet, or hardware wallet to store your Ripple. If you’re willing to use a software wallet then you can use Toast wallet or Rippex wallet. If you’re a tech-savvy or familiar with coding then you can use Gatehub to create a Ripple paper wallet.
If you really need a robust solution to protect your XRP then choose hardware wallet. Hardware wallets are very easy to use and they store your cryptographic assets with highest levels of security. For your information, you can store multiple cryptocurrencies on your hardware wallet. I personally recommend you Ledger Nano S hardware wallet. If you want to know more about Ledger Nano S then read here.
Disclaimer: Above list of cryptocurrency exchanges (best Ripple wallet exchanges) is for information purpose only. We’re not associated with any of the exchanges and also we don’t endorse any of them. Therefore, we do not hold any financial or legal responsibility. Kindly verify these exchanges or buy and sell on your own risk.