How to buy Ripple (XRP) with a credit/debit card? Table of Contents
How to buy Ripple (XRP)?
Many people, when they hear Ripple, immediately think of the third-largest cryptocurrency by market cap, XRP.
But Ripple Labs, the company behind the coin, is much more than a cryptocurrency project.
In fact, the San Francisco-based fintech company’s super-fast payment processing network has already been adopted by some of the largest banks in the world.
And it would seem that the relationship is very good on both sides.
Some in the Bitcoin community have always taken an anti-government, anti-fiat, anti-banking approach to their philosophy. Ripple, on the other hand, is of a completely different opinion. – Brad Garlinghouse, CEO of Ripple.
With so much of the old guard seemingly on board when it comes to Ripple, XRP definitely has some impressive future growth potential.
At a time when digital currencies are nearing all-time lows, the question any aspiring XRP investor asks is: where can I buy Ripple?
As one of the most popular digital currencies on the market, XRP is available for trading on a wide range of different exchanges, and many offer the option to purchase it via fiat or cryptocurrencies.
If you reside in the UK and are looking for the best place to buy Ripple, go to StormGain.
It is safe, convenient, and fast.
Register with StormGain for free
How to buy Ripple with a credit/debit card?
Buying XRP with StormGain is as easy as drinking a glass of water.
Once you’ve signed up for an account, which takes just a few seconds, you can start buying Ripple right away.
By using your debit/credit card, your XRP purchase will be completed in near real-time and the fees/terms are unbeatable.
Here is StormGain’s detailed guide to buying Ripple.
1. First, you will need an XRP wallet. Unlike some exchanges, StormGain provides one automatically, so don’t worry.
2. Register your StormGain account. This process is quick and simple and can be completed in seconds, without the lengthy security checks that exist on other platforms.
3. Buy Ripple using your credit/debit card. When you open the StormGain app and log into your account, you will see a button at the top of the screen that says “BUY CRYPTOCURRENCIES WITH CREDIT CARD” (see image below).
4. After clicking on the button above, simply select the cryptocurrency you wish to purchase (in our case Ripple XRP).
5. Finally, enter your card details as you would for any other transaction, then click pay.
Don’t worry, StormGain is 100% secure, so feel free to save your details for later purchases.
6. You now own your Ripples, you can choose to buy and keep them for a guaranteed return of at least 10% every year (deposit interest system) or you can try to trade on the market by trading them with leverage up to 1: 200.
Open Ripple Digital Wallets with StormGain
Before you can buy XRP, you will first need to get hold of a Ripple wallet.
However, unlike Bitcoin wallets, XRP wallets are not free.
To keep your wallet open you need to make a permanent deposit of 20 XRP.
This means that if you send 1000 XRPs to you, you will have 980 XRPs available.
Fortunately, StormGain customers already have a Ripple wallet automatically available when they create an account.
However, users of other platforms are not as lucky.
How does StormGain’s Crypto Digital Wallet work?
Where else can you buy Ripple (XRP)?
If you’re wondering how to buy Ripple in the UK and for whatever reason you don’t want to buy XRP directly on StormGain, there are a few other options available.
While there are some exchanges with extremely low fees (e.g. Binance), most of them don’t accept fiat.
So, in the interest of fairness, our guide will only compare those that allow you to buy Ripple with traditional currency.
1. Coinbase
When it comes to the most famous fiat exchanges in the world, Coinbase is a name that many will have heard.
Following intense demand, Coinbase has finally added XRP to its cryptocurrency offering.
With a 3.99% purchase fee, the cost is significantly higher than cryptocurrency-only exchanges.
Unlike StormGain, the other platforms don’t support credit card purchases, so you’re limited to debit card/wire transfers.
Additionally, Coinbase customers receive zero interest on their cryptocurrency deposits (StormGain pays its users 10% APR on their balances).
2. CEX IO
This is a good option for anyone who is just looking to buy and hold non-leveraged cryptocurrencies.
It offers security and overall good commissions.
Users from many countries are able to deposit funds via VISA, MasterCard, wire transfer, or Crypto Capital, although each method carries different transfer fees for the buyer.
Bank transfers are totally free, although they typically take several days, while card payments are usually instant.
One thing to keep in mind is that CEX’s verification process can take some time and requires you to submit a photo ID, which may make it unsuitable for some users.
However, if you are wondering “how can I buy Ripple in the US?”, This site may be for you.
3. Paypal
Someone could choose this payment method and StormGain offers a way to buy XRP via Paypal balance.
Keep in mind, however, that it is very complicated and imposes a 15% total commission.
First, you will need to buy Bitcoin on a platform like LocalBitcoins.
Once you have BTC (so expensive), you can then exchange it for Ripple on another site like Binance or Bittrex.
Not only is this process much more complex, expensive, and time-consuming than buying a credit/debit card on StormGain, and using different platforms (including a p2p exchange) makes it inherently riskier.
Open StormGain’s Account and Buy Crypto
4. Peer-to-Peer
As mentioned above, there are p2p exchanges and some (like Cointal) offer XRP.
However, given Ripple’s less popular status, it’s much harder to find sales offers than other coins.
Although the fees are lower, there is a relatively high risk that the seller may simply run away with your fiat currency.
That’s why many of these exchanges recommend meeting face-to-face, which is impractical for most people.
Buy Cryptocurrencies with Credit Card on StormGain
Conclusion
So, here it is, how to buy Ripple with fiat, summarized in a handy and easy-to-read format.
We have seen numerous different methods, each of which has advantages and disadvantages.
In general, you will always have to find a balance between speed, convenience, cost, and safety.
However, among all the options above, StormGain clearly stands out from the others.
With near-instant registration and free hot storage, backed by industry-leading security and non-hackable encryption, you’ll have a hard time finding a more complete solution.
Add to this the incredible generosity of StormGain with its deposit interest system and the huge profit potential of leveraged trading and the choice becomes clear.
Go to StormGain now and start earning from day one!
Go to StormGain’s Official Website
Please click "Introduction of StormGain", if you want to know the details and the company information of StormGain.
Comment by Hans
April 24, 2024
as I am trading here various assets, for me it's the most important feature. i mean, flexibility in tradable markets. i alternate trading styles, meaning that sometimes I trad...