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If you are looking for a cryptocurrency platform to buy XRP with a credit card at the lowest fees this guide will help – many investors are unsure of the best crypto exchanges to buy XRP.
Listed below are the best places to buy Ripple (XRP), information on how to invest in Ripple, and the things to consider before buying this popular altcoin.
We have analyzed a range of parameters to make a list of the best brokers to buy XRP with credit cards in 2022. Here are our top picks:
How to Buy XRP with a credit card – Quick Guide
Go to the eToro website and create an account for free.
Being a highly-regulated trading platform. eToro mandates every user to go through the KYC process. You need to submit a copy of your ID- either passport or driving license. You will also need to submit a utility bill/ bank statement for address verification.
You can also download the eToro mobile app to trade on the go. Many users are more comfortable with the app than the desktop version and both of these have the same features. The mobile app is available for Android as well as iOS devices.
After your account is verified, you can deposit funds into your trading account. Select Credit Card as your payment method when you deposit. The minimum deposit is $50 (about £40). Depositing funds into your account using a credit card is easy on eToro.
Type 'XRP' or 'Ripple' in the search bar and click on it when it appears. Next, click on 'Trade' at the top right corner of the screen. Enter the amount of the crypto you wish to buy and confirm your order.
eToro is the best platform if you want to buy XRP with a credit card. This platform is under the National Futures Association (NFA) and the Commodities Futures Trading Commission (CFTC) in the US. It also has licenses from FCA in the UK, CySEC in Cyprus, and ASIC in Australia.
It operates in over 140 countries with more than 13 million users. eToro is very suitable for beginners looking to buy XRP due to its simplistic interface. It is one of the most user-friendly brokers in the industry. Beginners find it convenient to start their crypto trading journey with eToro.
This crypto broker comes with comprehensive trading features to help both new and experienced investors. You can use its copy trading platform to copy the trades of investors with proven records.
You can buy XRP with a credit card on eToro as well as trade cryptos against fiat currencies. The minimum investment on the exchange must be $25.
eToro is a 100% commission-free trading platform. You need not pay any charge while adding funds (in USD) to your eToro account. So, to buy XRP with a credit card at zero commission, choose eToro as your broker.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
Coinbase is the top crypto exchange in North America that offers more than 2500 digital assets. Listed on the NASDAQ exchange, it has a customer base of over 30 million users globally. It offers a user-friendly platform, suitable for both amateur and seasoned crypto investors.
It presently offers hundreds of cryptos, including Ripple (XRP). It has licenses from FCA (UK) and ASIC (Australia). Its money transmission licenses make it operational across 100 countries. It is one of the exchanges with the highest liquidity.
The platform is easy-to-use, and you can enjoy using it even without much knowledge of the crypto industry. It offers a unique educational program, helping users to learn about trading cryptos.
Users can buy XRP on the platform instantly by using a credit card. Coinbase charges a transaction fee of 3.99%. You also need to pay a commission of 1.49% when you sell your holdings. You may switch to Coinbase Pro for lower fees. Since high commissions will mean a reduction in profits, you may instead use eToro to start with. The minimum account balance on Coinbase is only $2.
Your capital is at risk.
Binance is known for facilitating high trading volumes and is thereby a trusted exchange. Binance processes about $60 billion worth of crypto transactions every day.
The Binance platform is a suitable option for new as well as experienced traders looking to buy XRP using multiple payment options, including a credit card. It offers around 150 crypto assets and has more listings and features than many other known exchanges. It facilitates both margin and futures trading.
It has low trading fees of just 0.1% maker and taker fees and a 1.8% deposit fee for credit cards. You can earn through the Binance Earn program and earn cryptos by staking crypto funds in the future projects of the Binance Launchpool platform.
When we see names like Money Gram and American Express trusting Ripple by entering into partnerships with it, it surely indicates a bright future. Investing in XRP seems like a suitable choice currently.
Platforms like eToro enable you to buy XRP with a credit card – as well as Paypal, Skrill, Neteller, bank transfer, debit cards, and more – and the broker does not charge any trading commissions. You can open an account for free and use features like copy trading to benefit from your investments even when you do not have prior trading experience. Moreover, the minimum deposit is just $10 for US and UK investors.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection. Your capital is at risk. Additionally, 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
To buy XRP (Ripple) with a credit card, choose a regulated broker that supports both XRP as an asset and credit cards as a payment option. eToro is a suitable option in this regard. Choose credit cards as your payment method to deposit funds and buy XRP instantly.
We have listed the best brokers to buy XRP in 2022. Just go through the guide and follow the steps mentioned above. Only choose a top-rated broker like eToro or Coinbase and buy Ripple with convenience.
As long as you live in a country that allows you to buy crypto online, buying XRP is safe. Simply find a regulated broker that operates in your region and buy Ripple after you successfully verify your account and deposit funds.
Investing in any crypto, including XRP will not necessarily yield profits. Just like many other digital assets, Ripple is highly volatile. There are chances of profitable returns as well as losses on buying XRP. Invest only an amount you are ready to lose in the worst case.
To sell XRP on eToro, simply click the sell button. The process does not take time and you should be able to sell XRP on the platform instantly.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
