Missed Bitcoin? Don’t Miss Ripple (XRP) – Here’s How to Buy It

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Cryptocurrency investors who missed early gains from Bitcoin are now turning their attention to other promising digital assets. Among them, Ripple (XRP) has emerged as a standout contender. With its price surging from just $0.20 to over $2.25 in a short time, XRP is capturing the interest of both new and experienced traders. But unlike Bitcoin, XRP isn’t available on major platforms like Coinbase, making the purchase process less straightforward.

This guide walks you through a reliable method to buy Ripple—step by step—using accessible exchanges and secure transfer practices. Whether you're building a diversified crypto portfolio or betting on XRP’s future, this article gives you the clarity and confidence to act.

Why Ripple (XRP) Is Gaining Attention

Ripple stands out in the cryptocurrency world for several reasons. Unlike decentralized networks such as Bitcoin or Ethereum, Ripple is developed and maintained by a private company—Ripple Labs. This centralized approach has sparked debate, but it also enables faster transaction speeds and stronger partnerships with financial institutions.

Banks and payment providers around the globe are exploring Ripple’s blockchain technology for cross-border transactions due to its low fees and near-instant settlement times. These real-world use cases give XRP an edge over purely speculative coins.

Despite its potential, major U.S.-based exchanges like Coinbase don’t list XRP, largely due to ongoing regulatory scrutiny. That means buying XRP requires an extra step: first acquiring a widely supported cryptocurrency like Ethereum (ETH) or Bitcoin (BTC), then exchanging it for XRP on a compatible platform.

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Step 1: Choose a Crypto Exchange That Supports XRP

Since you can't buy XRP directly on most mainstream apps, you’ll need to use an exchange that lists it. One such platform is Bitsane, which supports XRP/ETH trading pairs and allows deposits from external wallets.

Creating an account on Bitsane is simple:

While Bitsane works for this process, always research any exchange for security, user reviews, and withdrawal limits before depositing funds.

Step 2: Buy Ethereum (ETH) or Bitcoin (BTC)

To get XRP, you first need another cryptocurrency. Ethereum (ETH) is ideal because it's widely supported, fast to transfer, and commonly paired with XRP on smaller exchanges.

Here’s how to buy ETH:

  1. Use a trusted platform like Coinbase.
  2. Link your bank account or debit card.
  3. Purchase ETH using U.S. dollars (or your local currency).
  4. Store it securely in your Coinbase wallet.

For example, spending $200 can get you approximately 0.12 ETH (depending on market rates). Once purchased, you're ready for the next step.

Step 3: Transfer Ethereum to Your XRP-Compatible Exchange

Now that you own ETH, transfer it from Coinbase to your Bitsane account:

  1. Log in to Bitsane.
  2. Click "Balances" at the top of the page.
  3. Find Ethereum (ETH) and select "Deposit".
  4. Copy the unique ETH deposit address provided.
  5. Open Coinbase on your device.
  6. Go to your ETH wallet.
  7. Tap the "Send" button (paper airplane icon).
  8. Paste the Bitsane deposit address.
  9. Enter the amount of ETH to send (e.g., 0.117 ETH).
  10. Confirm the transaction.

You’ll pay a small network fee—around $0.36 in most cases. The transfer typically takes under 30 minutes.

Step 4: Trade Ethereum for Ripple (XRP)

Once your ETH arrives in your Bitsane account, you can trade it for XRP:

  1. On the Bitsane homepage, navigate to the XRP/ETH trading pair.
  2. View the current market price, buy orders, and sell orders.
  3. Select "Market Order" to buy at the best available rate.
  4. Enter the number of XRP you want (or specify how much ETH to spend).
  5. Review fees—usually around $2.20 per trade or less.
  6. Confirm the purchase.

In one example, 0.117 ETH bought about 46 XRP, with minor deductions for transaction fees. Within minutes, your XRP balance will update.

Step 5: Store and Monitor Your XRP

After purchasing, your XRP will appear in your Bitsane balance. From here:

Keep in mind: XRP is not yet widely accepted for payments, so immediate utility is limited. Like most cryptocurrencies, its value fluctuates based on market demand, news, and adoption trends.

Frequently Asked Questions (FAQ)

❓ Can I buy Ripple (XRP) directly with U.S. dollars?

Currently, very few exchanges allow direct USD-to-XRP purchases due to regulatory restrictions. Most users must first buy BTC or ETH and then exchange them for XRP on platforms that support it.

❓ Why isn’t XRP available on Coinbase?

Coinbase has not listed XRP due to an ongoing legal case between Ripple Labs and the U.S. Securities and Exchange Commission (SEC). Until the dispute is resolved, major U.S. exchanges remain cautious.

❓ Is buying XRP safe?

Buying XRP through reputable exchanges is generally safe, but all crypto investments carry risk. Prices can be volatile, and regulatory changes may impact availability or value.

❓ What are the fees involved in buying XRP?

Expect two types of fees:

❓ Can I store XRP in any wallet?

No—not all wallets support XRP. Use wallets specifically designed for Ripple, such as Ledger (hardware), Trust Wallet, or official Ripple-compatible software wallets.

❓ Will XRP replace Bitcoin?

No—XRP serves a different purpose than Bitcoin. While Bitcoin is primarily a decentralized store of value, XRP focuses on enabling fast international payments for financial institutions.

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Final Thoughts: Should You Invest in XRP?

If you're looking beyond Bitcoin and Ethereum, Ripple offers a unique blend of institutional backing and real-world application. While regulatory uncertainty remains, many analysts believe a favorable outcome could unlock significant growth.

The process of buying XRP may take a few extra steps, but with careful execution, it's entirely manageable—even for beginners.

As always, do your own research, only invest what you can afford to lose, and stay updated on legal developments surrounding digital assets.

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