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What is XRP?

XRP serves as an online payment network to process international remittances, much like the SWIFT system used by banks. However, XRP offers much faster transaction settlement times and lower costs compared to traditional payment methods. It was launched in 2012 by Chris Larsen and Jed McCaleb.


The XRP network facilitates exchanges between several fiat and cryptocurrencies and gold and other commodities. Along with RippleNet, the company also oversees the XRP Ledger, a decentralized blockchain network, where XRP is the native crypto token. The important thing to note is that RippleNet serves as the company's enterprise blockchain and does not require XRP to operate.


Unlike the Bitcoin network, where anyone can validate transactions by solving a complex math problem, to become an XRP validator, you have to be in the unique node list overseen by XRP. XRP tokens are pre-mined, meaning that all 100 billion tokens were created at the same time and are periodically released.

How to buy Cryptocurrency?

Why buy XRP with OKX?

Buy/Sell XRP in a few steps

Simple

OKX makes it easy to buy Cryptocurrency with a user-friendly interface
Buy/Sell XRP in a few steps

Flexible

OKX offers a variety of payment methods and supports numerous local currencies to help users buy Ripple
Buy/Sell XRP in a few steps

Fast

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What can I do after I buy XRP?

XRP is one of the top 10 cryptocurrencies in market capitalization. XRP tokens diversify your crypto portfolio and have many benefits, such as being used as a bridge currency for international remittances to avoid high fees. The following are some other key examples of what you can do with your purchased XRP tokens.


HODL XRP

You can hold your XRP for the long term to gain high returns on investment, subject to market conditions. You can hold your tokens in the OKX wallet or move them to a cold or web wallet.


Trade XRP for short-term gains

You may trade your XRP coins on OKX to try and profit from fluctuations in their price. With our highly liquid exchange and instant order fulfillment, OKX is one of the best platforms for trading.


Convert

To avoid losses during periods of high volatility or bear runs, you can convert your XRP to stablecoins like USDT or USDC with no fees using our "Convert" feature.


Stake XRP to earn high-interest yields

Using our "Earn" feature, you can stake your XRP tokens and earn interest on them, much like a savings bank account.


Pay with XRP

In addition to investing in, trading, and holding XRP, a growing number of businesses accept XRP directly as payment. Use XRP to pay for goods or services or send XRP to anyone anywhere in the world.


Using the OKX exchange to buy XRP can offer a wide range of benefits that allow you to trade securely and efficiently. Easily buy XRP tokens with over 30 supported fiat currencies. You can also swap your BTC, ETH, and USDT with XRP on the OKX platform. Create an account to get started instantly.

How to buy Cryptocurrency and store it safely?

Guide on how to buy Ripple (XRP)

Buy XRP with credit/debit card

Buy XRP with your VISA, MasterCard, or ApplePay credit cards on OKX. Simply enter the amount of XRP you wish to purchase in your preferred currency and complete payment using your desired credit card.


Purchase USDT instantly from our peer-to-peer (P2P) Market

Navigate to our escrow-powered peer-to-peer trading window and purchase USDT tokens directly from trusted sellers using 40 payment methods. Then exchange your USDT tokens in the spot market for XRP.


Buy XRP from our peer-to-peer (P2P) Market

Navigate to our escrow-powered peer-to-peer trading window and purchase USDT tokens directly from trusted sellers using 40 payment methods. Then exchange your USDT tokens in the spot market for XRP.


Swap your crypto for XRP

OKX Convert allows you to instantly swap BTC, ETH, SOL, and MATIC among other cryptocurrencies for XRP at zero fees. To convert your crypto to XRP, select the cryptocurrency you wish to exchange and complete the swap.

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FAQs
  • How long does it take to create an OKX account to buy XRP? 
    It takes less than five minutes to complete the entire verification process to open your OKX account. Once done, you can proceed to buy XRP using the range of payment methods available on OKX.
  • Is it safe to store my XRP tokens on OKX?
    As one of the leading crypto exchanges in the world, OKX uses unparalleled security measures like SSL encryption used by banks and storing most customer assets in cold wallets to ensure round-the-clock security. That's why over 20 million customers trust us to safeguard their assets.
  • Which digital assets can I use to buy XRP on OKX?
    To buy XRP using other digital assets, go to our trading terminal and look for XRP trading pairs such as XRP/USDT, XRP/BTC, and XRP/ETH among others. These trading pairs allow you to buy XRP using other major cryptocurrencies.
  • If I buy XRP on OKX, can I transfer them to other wallets?
    Yes. The XRP tokens you buy on OKX are stored in your OKX account. Therefore, you can easily transfer them to any compatible wallet at any time.
  • Can I make a profit by trading XRP on OKX?
    Cryptocurrency prices are volatile and carry investment risks. Whether you can generate profit from trading XRP depends on market conditions. You can use our trading bot to use different strategies to make profits irrespective of bull and bear market runs.
  • What are the most popular cryptocurrencies to invest in today?

    Top crypto, based on market capitalization or total circulation value, include Bitcoin (BTC), Ethereum (ETH), Tether (USDT), USD Coin (USDC), and XRP (XRP).

    However, like all other crypto, the above are also featured with volatility and risks. You should do your own research (DYOR) and evaluate your risk appetite before investing in any crypto.

  • What are the top cryptocurrencies I can buy on OKX now?
    OKX provides access to hundreds of crypto and trading pairings. Some of the most popular crypto on OKX include BTC, ETH, USDT, DOGE, SOL and OKB. You can visit our brand-new OKX Crypto Calculator. Select a crypto and a fiat currency to check the estimated real-time price.