Introduction
Buying XRP (Ripple) has never been easier thanks to CEX.IO’s streamlined platform. Whether you're a beginner or an experienced trader, this guide will walk you through purchasing XRP using credit/debit cards, bank transfers, and other payment methods.
👉 Start trading XRP instantly on CEX.IO
Step-by-Step Guide to Buying XRP
1. Register and Verify Your Account
To buy XRP on CEX.IO, follow these steps:
- Sign Up: Visit CEX.IO and click "Register."
- Verify Email: Confirm your email via the link sent by CEX.IO.
- Complete KYC: Submit ID documents for identity verification.
2. Choose Your Purchase Method
CEX.IO offers two primary ways to buy XRP:
Option A: Instant Buy (Credit/Debit Card)
- Navigate to Instant Buy from the dashboard.
- Select your fiat currency (USD, EUR, etc.).
- Enter the amount and choose XRP from the dropdown.
- Click Buy Crypto Instantly and complete the payment.
Option B: Wallet Conversion
- Go to Wallet > Add Funds.
- Deposit fiat via bank transfer or card.
- Use the Convert feature to swap fiat for XRP.
👉 Explore CEX.IO’s payment options
Payment Methods for Buying XRP
CEX.IO supports multiple payment gateways:
| Method | Fees | Processing Time | Limits |
|-----------------|--------------------------|------------------|-----------------|
| Credit/Debit Card | 0.49%–4.99% + service fee | Instant | $20–$2,500/day |
| Bank Transfer (SEPA/Swift) | 0.1%–0.3% + flat fee | 1–5 business days | $300+ |
| PayPal | $5 + 3.99% | Minutes | $1,000/day (U.S. only) |
| Skrill/Neteller | 3.99% + $3 flat | Instant | Varies |
Note: Some methods (e.g., PayPal) are region-restricted.
Storing and Using XRP
Storing XRP
- CEX.IO Wallet: Free custodial storage with built-in trading features.
- External Wallet: Transfer XRP to a private wallet (e.g., Ledger, Trust Wallet).
Trading XRP
Trade XRP on CEX.IO’s Spot Trading platform:
- Select XRP/USD or XRP/EUR pairs.
- Choose Market, Limit, or Stop-Limit orders.
- Execute trades with leverage (up to 10x).
FAQs
1. What is XRP?
XRP is a blockchain platform for fast, low-cost cross-border payments, often used by financial institutions.
2. How do I withdraw XRP?
- Crypto Transfer: Send XRP to an external wallet address.
- Fiat Conversion: Convert XRP to USD/EUR and withdraw via bank transfer.
3. What are CEX.IO’s fees?
- Trading: 0.25% taker fee (lower for makers).
- Withdrawals: 0.0005 XRP network fee + service charges.
4. Is CEX.IO safe?
Yes! CEX.IO is a regulated exchange with 2FA, cold storage, and compliance with global AML/KYC laws.
5. Can I use the CEX.IO mobile app?
Absolutely! The app supports XRP purchases, trading, and portfolio tracking.
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- Best for: Beginners seeking fast purchases or traders leveraging low fees.