How To Buy Ripple 2022? Our Guide To Safe & Cheap XRP Purchase!

John James
October 13, 2021
Buy Ripple: What should you look out for to buy Ripple cheaply and safely? Where are the best places to buy Ripple? How does a ripple wallet work?
How to Buy Ripple 2021
Our Guide To Safe & Cheap XRP Purchase!

Ripple entered the online currency market in 2012. That was when Ryan Fugger, Chris Larsen and Jeb McCaleb got together. A developer, a businessman and a programmer.

The payment network specialises in international transactions. Therefore, one would like to provide blockchain solutions for end-users and also for prominent institutes and banks.

Table of Contents

Buy Ripple: What Should You Look Out For To Buy Ripple Cheaply And Safely?

Buying XRP made it easy: The coin is fascinating for investors. So Secured Brokers has dealt more intensively with Ripple and explains in the following how you can invest in Ripple. You should pay attention to the following points when buying Ripple so that nothing goes wrong:

  • Where are the best places to buy Ripple? We recommend our test winner ROinvesting. Here, you get the opportunity to buy the cryptocurrency directly and use leverage or shorts using CFD positions.
  • Do I want to hold or actively trade Ripple for the long term? That depends on your trading strategy. Both variants have their advantages and disadvantages. Your best bet is whether or not you believe in Ripple’s big breakthrough. If “yes”, a long-term strategy could be appropriate. The best way to benefit from short price movements is through active trading.
  • How does a ripple wallet work? ROinvesting offers a simple integrated wallet. The XRP tokens are stored here. You also get an address that you need for all transactions in the network. This is a unique code that is assigned to a specific user.
  • Is it worth investing in Ripple? Ripple is one of the promising cryptocurrencies. However, you currently need a thick coat. Ripple Labs has to overcome several hurdles, including a legal dispute with the US regulatory authority SEC. However, if Ripple is victorious, then this investment should be worthwhile.

Where To Buy Cheap Ripple? Our Broker And Exchange Comparison – Buy Ripple With The Lowest Possible Fees.

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What Is Ripple?

How to Buy Ripple
Ripple is a US cryptocurrency that specialises in cross-currency
financial transactions.

Ripple Labs, the publisher behind the coin, has entered into partnerships with various companies. These include Santander Bank and MoneyGram.

The latter cooperation partner has jumped overboard again, as the unclear legal situation has led to uncertainties and non-payments.

The future will show whether XRP will be able to establish itself permanently and whether the technology has the potential for cheaper and faster currency exchange.

How Do I Buy Ripple? Buy Ripple Beginners Guide With ROinvesting

We now explain how to buy Ripple. We use the broker ROinvesting for this, as it offers the advantage that you can trade both real cryptocurrencies and CFDs – ROinvesting combines the benefits of a broker and those of a crypto exchange.

First Step: Registration With A Broker Or A Crypto Exchange

First, we have to register with ROinvesting. Then, we click on the link to register for ROinvesting:

In the form, we enter username, email and password and accept the terms and conditions:

We then receive an email for verification in which we click on the link to confirm the account.

Second Step: Top Up Your Account

In the next step, we have to top up our account with money in order to be able to buy Ripple. To do this, we click on the “Deposit money” button at ROinvesting :

Then we select the amount and payment method with which we would like to deposit, and then click on the “Send” button to deposit the amount.

Buy Ripple With PayPal And More

In our example, we show the purchase with a credit card. ROinvesting also offers other deposit options:

Payment optionPossible?
Buy Ripple with a credit card✔️
Buy Ripple with PayPal✔️
Buy Ripple with Rapid Transfer✔️
Buy Ripple with Skrill✔️
Buy Ripple with bank transfer✔️
Buy Ripple with Neteller✔️
Buy Ripple with UnionPay✔️

Third Step: Buy Ripple Online With Euros

Now that we have funded our account, we can start buying Ripple. To do this, we click in the search field above and enter “Ripple” there.

Then we click on the “Trade” button:

The purchase window then opens. Here we have the following options:

  1. Buy or sell: In our case, we have to select “Buy.”
  2. Trade or orders: Here, we can choose whether to execute the transaction immediately (trade) or with a delay (order).
  3. Amount: How much XRP do we want to buy?
  4. Stop Loss and Take Profit: At what loss or profit our position should be automatically sold.
  5. Leverage: With what leverage we want to buy Ripple. With leverage X1, we buy real Ripple. With leverage X2, we buy leveraged ripple CFDs.

After configuring all options, we click on the “Open Trade” button to complete the purchase.

The purchase of Ripple is completed!

Buying Ripple 

It is possible with the help of our test winner ROinvesting, which is available in all of these countries. Crypto trading with the US dollar works here anyway.

So when you load credit onto the platform, both euros and francs are converted into US currency.

However, we emphasise that the individual nations’ case law and tax issues may well be handled differently.

This can change in a very short time. Therefore, we recommend consulting a tax advisor to provide the correct information in the tax return.

Buy Ripple At Coinbase, Binance, Bison & Comdirect – Why We Recommend ROinvesting As An Alternative.

Let’s look at a few well-known crypto platforms to explain why we also recommend ROinvesting for buying Ripple.

Because even if XRP is one of the largest cryptocurrencies, one must not assume that the token can be traded everywhere.

COINBASE 

Coinbase is one of the most established trading platforms in the crypto industry.

For a long time, you could trade XRP here without any problems. Due to the named disputes with the SEC, however, the crypto exchange decided to delist Ripple.

So it says on the platform: XRP is not supported by Coinbase.

BINANCE

Binance is probably the largest exchange for cryptocurrencies. But the XRP token is no longer listed here either.

So you have to look further to be able to trade Ripple seriously.

COMDIRECT

Let’s take a look at a classic bench. At Comdirect, you can find one or the other crypto certificate but no real cryptocurrencies.

And so you are logically looking for Ripple in vain.

ROinvesting

If you compare the different offers in the industry, it should quickly become clear why we recommend ROinvesting to buy Ripple.

On the one hand, cryptocurrency is still included in the offer. On the other hand, you choose between CFDs and real XRP tokens.

In addition, you can use different payment methods and buy Ripple using PayPal.

Buy Ripple Paypal: Where To Buy Ripple Using PayPal

How to Buy Ripple


The payment service provider PayPal is
popular internationally and is now also involved in the crypto sector. The question arises as to whether you can also buy Ripple with PayPal. Fortunately, this is possible.

We particularly recommend ROinvesting for this. Here you can deposit with PayPal and then use the credit to buy Ripple.

In addition, other payment methods are also available, such as instant transfer, credit cards or Skrill and Neteller.

For PayPal and the transaction above channels, a minimum deposit amount of a manageable $ 200 applies.

But you can also use a conventional transfer, even if you have to deposit at least $ 500. In any case, there is a profound way to buy Ripple with PayPal.

Broker Or Stock Exchange: Where Is The Best Place To Buy Ripple?

It is hardly surprising that many different providers allow you to invest in Ripple. There has been a real crypto hype in recent years, and more and more brokers (CFD) and stock exchanges (crypto exchanges) platforms and specialised service providers have been launched.

With a little research, you should also come across the US company Coinbase. The crypto exchange is one of the most popular platforms of its kind internationally.

So if you want to get an alternative to Coinbase, you will quickly find it at ROinvesting. Which provider you ultimately place your trust in is likely to depend on a wide variety of factors.

We recommend our test winner ROinvesting, as the fees are lower here. In addition, the broker ROinvesting is fully licensed and regulated.

Buy Ripple As CFD Or Real Cryptocurrency?

If you are starting with crypto trading, we recommend buying the real XRP cryptocurrency. However, CFDs are actually for the more experienced trader.

Although these can enable much higher returns, the risks are also much higher than with regular trading. In addition, one should keep in mind that CFDs can regularly incur costs if you hold them for too long.

However, if you already have a little experience, you can deal with the additional functions of CFD trading. So again, there is leverage here, and you can take advantage of short positions.

What Are Ripple CFDs?

A CFD is a so-called financial derivative. The distinguishing feature of these derivatives is that they only use the underlying asset to determine the price. A real transaction of the assets does not take place.

So you can trade all kinds of values ​​relatively inexpensively. After all, you don’t have to pay the price for the underlying asset yourself.

In the meantime, cryptocurrencies have also found their way into the world of CFDs. And so there are also Ripple CFDs. Logically, you do not need a wallet for this, as you will not receive or send any XRP tokens.

In any case, it makes sense to use a demo account to learn about new trading opportunities. You can also try out strategies without having to live with the risk of loss.

With our test winner ROinvesting, you have the free choice between fictitious trading in the demo account, real Ripple tokens and XRP CFDs. This is exactly what makes the offer so interesting and attractive.

Ripple Trading – Should You Hold Ripple Long-Term Or Trade Short-Term?

We have already indicated that there are different arguments for different strategies. So let’s go into that more specifically.

As a cryptocurrency, Ripple is a volatile asset. This means that prices fluctuate constantly.

You can also benefit from this in the short term. So-called day traders have specialised precisely for such a strategy.

With the help of CFDs, you can benefit from both rising and falling prices. But you should already know what you are doing.

Amateurs and inexperienced investors run the risk of losing money for lack of knowledge. So you should first use the demo account before CFD trading with real money.

It is easier to invest in the long term. The question arises as to whether the technology behind the cryptocurrency is sustainable. Take a little time to study how XRP works, then wonder if the system could still be around in a few years.

If your answer is yes, you can get some XRP tokens into the wallet.

Buy Or Sell Ripple? Our Advantages And Disadvantages Analysis
How to Buy Ripple

Of course, it makes sense to deal with the pros and cons of a system. This is especially true for the controversial cryptocurrency Ripple. On the one hand, we can book some arguments for the digital currency or purchase.

There is already a huge market for the coin. After Ripple Labs focuses on modern banking and international transfers are becoming more and more common, the cryptocurrency has positioned itself well.

The founding team is one of the most experienced crypto developers and was active in the field early.

The past has shown enormous potential in this value. It could be rekindled if successfully implemented with partners such as the Santander Bank.

  • Big market for Ripple
  • Experienced founding team
  • Good time to start
  • Lots of potential
  • The product is not 100% decentralised
  • Stellar as a direct competitor to Ripple

The other side deals with selling points.

Here, the role of Ripple Labs as the publisher of the XRP cryptocurrency plays a central role. “Central” is the right keyword here. After all, it is rather undesirable with digital currencies if one party can exert too much influence.

So cryptocurrencies were initially created with the ulterior motive of providing an alternative to the previous financial system of the central banks.

In addition, one must not ignore the current legal disputes with the US regulator. The company has allegedly issued illegal securities worth over $ 1 billion.

If the authority gets right, this could endanger the entire Ripple project. In this respect, an investment is only something for speculators who are willing to take risks.

What Are The Fees For Buying Ripple?

Let’s take the following example when buying Ripple:

  • We buy Ripple worth € 1,000
  • We keep our Ripple for 30 days and then sell it again
  • For the sake of simplicity, we assume that the course does not change in the 30 days.

With these assumptions, we now go through the fees of the largest providers:

ProvidersROinvestingCoinbasePlus500
DepositFree3.99%for free
Purchase feesFree1.49%3.08% *
Holding feesFreefor free0.05% *
Sales chargesVariable spread1.49%3.08% *
PayoutLess$ 0.151.9%
Total feesReasonable€ 68.24€ 92.32

Current Ripple Rate

Current price in USD$ 0.5512
Current price in EUR€ 0.45
Total market value in USD25,026,547.834
Total market value in EUR20,604,358.00
Price change within the last 24 hours+ 4.54%
Updated02/17/2021 at 5:00 p.m.

Ripple Price History: Important Moments In The Past

Ripple has had a few highs and lows since the ICO 2012. We show the most important moments in the past from the Ripple Coin:

  1. 2012: Ripple has its ICO and is traded on an exchange for € 0.004 for the first time
  2. December 2013: Ripple’s price rises to € 0.04 in the wake of the 2013 crypto bull run (1,000% growth).
  3. May 2017: Ripple’s price exploded to € 0.31 but fell back to € 0.13 as a correction.
  4. January 2018: On January 4th, 2018, Ripple reached its all-time high of € 3.18 during the crypto bull run.
  5. December 2018: Ripple reached its then all-time low of € 0.24 during the crypto “winter”.
  6. June 2019: Ripple increases to € 0.41 per coin in summer 2019, but decreases again.
  7. March 2020: Ripple reached its new all-time low (€ 0.12 per coin) during the Corona pandemic after the coin rose to € 0.26 in March.
  8. August 2020: In the current Bull Run, Ripple stands at € 0.26 per coin.

 

Buy Ripple With Or Without A Wallet?

Do you have to have a ripple wallet as a trader? You can only answer this question if you deal with the exact type of trade. For a general investment, a digital wallet is by no means necessary, which allows you to manage the coin.

Anyone who has already tried the ROinvesting platform or any other internet broker knows that you will never be asked for a wallet here. This is because they are CFD brokers.

Derivatives only use the various assets as guidelines. The price is examined and is also relevant for the trade, but you acquire an option and not the value itself. This can lead to enormous returns.

After all, you don’t have to spend any money on purchasing the asset. But if you are wrong with your prediction and prognosis, you can face a total loss. Other traders, therefore, prefer the crypto exchanges to buy or invest in Ripple.

If you register on the exchange platforms, you will quickly find that deposits are not possible here with real currencies. Instead, you will get the addresses of the various coins displayed.

Without a wallet, you have no way of making a deposit, as you don’t have a software solution that allows you to send the tokens. The Ripple Wallet is, therefore, inevitably necessary if you want to trade the coins directly. This is where the coins are managed, and the program is also used for sending and receiving.

If you intend to trade several online currencies and add them to your portfolio, you have to be careful to choose the right wallet type. Because not every digital wallet is capable of managing all currencies. Here is the big Ripple XRP wallet comparison.

Is It Possible To Buy Ripple Offline?

How nice it would be if you could just buy cryptocurrencies in the supermarket. Unfortunately, that doesn’t work.

Since it is a digital currency, it is correspondingly difficult to buy Ripple offline.

There are ATMs for Bitcoin at a few selected locations, but these are limited in their functions and limited to the most prominent cryptocurrency.

If you come across a dealer who wants an XRP token in a dark street corner, then you should, of course, refrain from doing so. Safety should come first.

So the only natural way to buy Ripple offline is by having a relative or acquaintance who agrees to make a transaction.

You could pay for this offline with cash and then give them your XRP address for the transfer. However, there is probably no other option.

Can You Buy Ripple Anonymously?

Is it still possible to buy Ripple anonymously today? We also advise against this. Although you may discover one or the other platform on the Internet that theoretically allows you to do this, numerous users repeatedly report cases of fraud that are best avoided.

This can happen with supposedly established but unregulated offers, as our analysis of the Uniswap experience shows.

In this respect, we only recommend regulated offers. Here, for example, ROinvesting excels, but Ripple can also be traded as CFDs as real cryptocurrencies.

Such platforms require verification, but this is worthwhile because you gain enormous security.

Can You Buy Ripple Without Registering?

Since we’re talking about it, let’s also look at the possibility of whether you can buy Ripple without verification. Is this possible?

In principle, we have already answered this question. So you may come across a website that offers you XRP. But if no EU authority seriously controls the services, there is no security.

So, it can be that you pay the price but then do not receive any XRP coins. The verification, therefore, serves as an essential safety factor.

With some brokers, you will deal with trading or try out a demo account without completing the verification.

However, this confirmation of the data is inevitably required for real trading.

Does It Make Sense To Invest In Ripple?

Ripple is arguably one of the riskiest stocks in the market. The bet on XRP can undoubtedly work, then the investment would make sense, but the opposite can also happen, and Ripple Labs can file for bankruptcy in the future.

Fortunately, other digital currencies come with entirely different characteristics and approaches.

Buy Bitcoin Now

Bitcoin is the historic number one of all digital currencies. Therefore, an investment here is also an investment in the market leader.

Buy Cardano Now

Cardano issues the cryptocurrency ADA and is one of the hot irons in the fire of many DeFi investors. Numerous applications will soon find their way onto the blockchain.

Buy Ethereum Now

Ethereum has always been second in the world of cryptocurrencies. This is because the ETH blockchain can be used much more frequently than the BTC network.

Buy Classic Stocks Now

Cryptocurrencies are risky and volatile. However, stock trading is much stable comparatively. Therefore, investment beginners, in particular, are in better hands here.

Buy Classic Stocks Now

Cryptocurrencies are risky and volatile. However, stock trading is much stable comparatively. Therefore, investment beginners, in particular, are in better hands here.

Buying Ripple Stock: Another Way To Invest In Ripple

At this point, we are simply talking about Ripple shares, although one should speak of crypto shares.

You can, of course, also invest in companies that deal with Ripple, similar technologies or crypto and blockchain in general.

Interesting values ​​in this context are, for example:

  • Santander Bank Shares: Santander Bank is one of Ripple Labs’ early partners
  • MicroStrategy Stock: The MicroStrategy software stock is attractive because the company is a real crypto supporter
  • PayPal stocks: PayPal gave many cryptocurrencies a push when it announced in 2020 that it would introduce digital currencies as a means of payment
  • Tesla shares: With its USD 1 billion Bitcoin investment, Tesla caused a real bang in spring 2021

How To Resell Ripple: Our Guide To ROinvesting

Quite a few assume that the time has come to sell Ripple again. But how exactly does it work? We have created a guide for this that explains in a few steps how to sell XRP on ROinvesting.

We assume that you already have a corresponding account. If this is not the case, you can use our guide above to get more registration information.
ROinvesting

First Step: Register With ROinvesting

Navigate to the homepage or use the mobile ROinvesting app. Then enter your login data here. The login can also be carried out with a Facebook or Google account.

Second Step: Navigate To The Trading Window

After logging in, we land in our general account overview. First, however, we would logically like to get to Ripple’s trading page. So, we either use the overview or the search field to enter »Ripple« or »XRP«.

With just one click, we are in the right window. If we have XRP tokens, we can now do a simple “sell”.

At ROinvesting, there is also the unique feature of entering into a short position using CFDs. It is not even necessary to have the token for this.

Optional: Send Coins From The ROinvesting Wallet.

Since ROinvesting also has its wallet, we can also use it to send the Ripple Coins. To do this, we give the recipient address and confirm the transaction.

However, this is not the same as an authentic sale, as you cannot expect euros or US dollars in return.

Buy XRP – The Conclusion

Ripple is often perceived as a fascinating cryptocurrency, and the interest of investors is immense. You have the opportunity to participate in trading via brokers and stock exchanges. Even if you are not convinced of further increases in value, you can benefit from this.

For the purchase of XRP, we recommend our test winner ROInvesting, as it has the greatest security and the lowest fees.

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FAQs

The real Ripple purchase works either through providers such as Coinbase or on crypto exchanges. Only here can you get real coins. If you only want to devote yourself to trading and have little interest in actual tokens, crypto brokers such as our test winner are also suitable.

Brokers allow you to trade the values ​​through CFDs or options. On an exchange, you exchange currencies with other market participants. In order to be able to decide on a provider, Secured Brokers has put together important assistance by comparing the best crypto exchanges.

The future of Ripple is just as unclear as that of the entire crypto market. However, there are some signs that Ripple will continue to play a role in the future. In fact, the coin is not infrequently one of the most promising online currencies. This mainly depends on the cooperation with the Santander Bank and the possible application in the global financial market of the future.

This should be considered in advance when choosing a digital wallet. Not all wallets support multiple currencies. Certain platforms already offer an online wallet in their offer. But there are also very secure hardware wallets that support both Bitcoin and Ripple.

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