To buy Ripple (XRP) with CryptoWallet, simply top up your account with fiat currency or cryptocurrency and navigate to our cryptocurrency exchange in the app. Select Ripple, choose the amount you want to buy, and make your trade! Your funds will appear in the balance section of your XRP wallet.Let’s get started!
Top up your account with fiat currency or cryptocurrency, like BTC. You can top up your account with fiat via bank transfer or by using a credit card.
Navigate to the CryptoWallet cryptocurrency exchange. The exchange will show the current value of Ripple.
Select the amount of Ripple you want to buy, and confirm that the price is what you're willing to pay.
Press select to buy some Ripple! The funds will be deposited in your online Ripple wallet.
Why is CryptoWallet the best place to buy Ripple?
CryptoWallet was designed to give you several advantages when buying Ripple. Let's take a look.
CryptoWallet is intuitive and easy to understand for new users. You don't need to know how to get a Ripple wallet, or how to add money to your XRP wallet, as everything is handled in-app.
No Hassle Sign-Up
The registration process for CryptoWallet is easy, offering a simple experience and the safest XRP wallet for all users.
Spend Ripple Anywhere
CryptoWallet is much more than a Ripple wallet app. If you want, you can connect your XRP wallet with your crypto debit card and instantly start spending Ripple on goods and services out in the real world!
You can use the CryptoWallet app to get the most out of your Ripple funds. Securely store XRP in what we're confident is the safest XRP wallet available. This allows you to speculate on price gains, trade XRP for cash or other cryptocurrencies, or spend XRP online and in stores. With the CryptoWallet app, you can finally use XRP as real money.
CryptoWallet is a private limited company licensed to sell cryptocurrencies globally. Our online cryptocurrency wallet is secured by BitGo, a licensed custodian that provides institutional-grade protection to stored funds. We’re confident that CryptoWallet offers the safest XRP wallet possible, as well as offering many other convenient features.
Download the app here!
Learn more about Ripple
What is Ripple (XRP), and is this XRP wallet safe?
Ripple (XRP) is a cryptocurrency aimed at providing solutions to financial institutions like banks, among other use cases. Ripple allows transactions between cryptocurrency and fiat currency to be settled in real-time, solving major pain points in the industry and helping to bridge the gap between crypto and mainstream finance. Our XRP wallet is secured by BitGo, a trusted world leader in cryptocurrency security solutions.
What can I do with Ripple?
Users can transfer currencies, or commodities such as oil and gold, over the Ripple network instantly. Many users and investors also buy Ripple as a speculative investment or short-term trade.
What is the easiest way to buy Ripple?
The easiest way to buy XRP is to buy it on an exchange like CryptoWallet. CryptoWallet is an exchange that is highly rated for its great level of security, functionality, and ease of use when storing XRP.
We specifically designed CryptoWallet to be highly secured because we understand that when users lose their funds, it becomes impossible to recover. To protect our users XRP coins, we partnered with BitGo, the world’s leading Bitcoin payment processor.
Your digital assets and user privacy are protected by advanced security measures like Two-factor authentication (2FA), end-to-end encryption, and multi-signature cold storage.
Just like other high-cap cryptocurrencies on CryptoWallet, you can buy XRP with fiat currency through wire transfer, credit card or debit card. You can also buy XRP with other cryptocurrencies by simply swapping them for XRP
To easily buy Ripple (XRP) with CryptoWallet, you need to create a free account on CryptoWallet first and add your preferred payment method. After that, simply top up your new account with fiat currency or cryptocurrency and head over to our cryptocurrency exchange in the app.
Then select Ripple, choose the amount you want to buy, and complete your trade! Your funds will be successfully added to the balance section of your XRP wallet. That's all there is to it. Congratulations, you're now a new XRP owner!
Can I buy Ripple stock?
Yes, you can. Buying a Ripple Stock is another way that you can earn from Ripple’s growing ecosystem. Owning a Ripple stock is quite different from owning an XRP coin. By owning a Ripple stock, you are making a direct investment into Ripple's company.
If you want to buy a Ripple stock you need to meet all the current securities laws in place in the US where the company is based. Due to this, investing in Ripple stock can be a bit more difficult for those unfamiliar with the stock market.
Ripple isn’t a publicly-traded company. As a result, it's not possible to buy Ripple shares publicly. The only way to acquire shares in Ripple is to buy from private investors.
Before you proceed to buy Ripple shares, you need to meet some requirements. First, you need to be sure that you qualify as a “sophisticated investor”. Therefore, you must be an accredited investor to buy shares of Ripple Inc. at this time.
What it takes to qualify as an accredited investor is for you to show that you have $1 million in liquid assets at that time, or that you earned over $200,000 per year for the last 3 years in a row.
As soon as you demonstrate your investment qualifications, you are ready to invest. The next thing you will need to do is head over to shareposts.com or the Microventures app. Then you will need to create an account. Afterwards, you can find Ripple Inc stock. decide how many shares you desire and complete your transaction.
Why can't I buy Ripple on Coinbase?
Due to the SEC’s (Securities and Exchange Commission) recent ruling against Ripple, Coinbase suspended trading on XRP order books in all regions in January 2022.
However, users are still able to send or receive XRP from Coinbase. While the XRP you receive will remain safely stored in your Coinbase account, you will not be able to buy, sell, or convert it.
In December 2020, the Securities and Exchange Commission filed a lawsuit against Ripple and two of its executives, claiming that they raised over $1.3 billion without being properly licensed and registered to do so.
The complaint alleges that Ripple raised since 2013, Ripple has been raising funds, through the sale of its XRP digital asset in unregistered security offering to investors in the U.S. and worldwide.
According to the complaint, Ripple used the raised funds in structuring and promoting the adoption of XRP. In addition, the two core executives, Larsen and Garlinghouse, carried out some private sales of XRP totalling about $600 million.
However, the XRP legal team has decided to defend itself against these claims from the SEC. If they are successful at it, cryptocurrency exchanges including Coinbase could relist XRP.
The suspension of XRP on Coinbase will hold until further notice from the SEC or other regulatory bodies concerning the asset class.
XRP legal team is putting up a fight against SEC. And it might not take long for cryptocurrency exchange platforms, including Coinbase, to relist the digital token.
Is Ripple in a lawsuit?
Yes, Ripple is currently in a lawsuit. In December 2020, the U.S Securities and Exchange Commission (SEC) filed a lawsuit against Ripple Labs and two of its executives.
The SEC claimed that Ripple labs traded $1.3 billion in the XRP coin as security without registering it with the SEC. This is against SEC regulation. Under SEC regulations, securities must be registered with the commission and they must disclose some financial details about their company to the public.
However, Ripple and its legal team have come out to counter the claim on the basis that the SEC is biased in how it applies the definition of “security” to virtual currencies.
Furthermore, Ripple has pointed out how the SEC doesn't have such views towards other crypto platforms, especially Bitcoin and Ethereum and attacking XRP appears questioning.
When specifying whether a virtual currency counts as a security, the commission applies a special test known as the “Howey Test,” The test is that if an asset is sold to make profits gotten from other people's efforts, then it counts as a security. To the SEC, XRP is seen as security since it passed the Howey test.
The lawsuit is still in its discovery phase. This means that each side is gathering evidence to reinforce their claims. It could take many years before we see a definitive result from this case.
Should I buy XRP crypto?
Ripple is a project with a lot of great potentials. It was the first project to integrate with traditional banking systems and it is expected to serve a wider market including crypto and non-crypto users.
Due to the volatile nature of XRP and other cryptocurrencies, it is difficult to tell if it's worth buying into or not. However, when it comes to investing in digital tokens, you need to consider some factors like Carefully researching the token to determine how many users it has, what problem it solves, the quality of the tech and team behind the crypto asset and the currency’s price performance to date.
It's no doubt that XRP is a coin with a gat utility. Despite its potential, the SEC lawsuit may hurt its adoption in the crypto market. Also, since XRP isn't currently traded in any U.S crypto exchange, some investors have become cautious about buying XRP.
However, XRP is still seen as a good coin to invest in by many crypto investors. This is because It still ranks as one of today's top cryptocurrencies based on market capitalization. This shows that there is a lot of investment interest in it.
Since the Ripple team owns about $60 billion worth of XRP, they control more than half of their total supply. As a result, XRP prices could rise or fall based on the company's decisions. For example, the team can choose to sell XRP tokens into the market, making the coin's price reduce.