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Though all the exchanges allow you to store your cryptocurrencies, it’s not an ideal place to store them safely, you need to pick a secure wallet to store them safely, and for that, you can pick any wallet like a hardware wallet, paper wallet, desktop wallet or mobile wallet.

Now that you have your wallet ready, sign up to an exchange that supports trading in XRP. Activate your account via email and login. To make a trade, you will need to verify your account to deposit fiat currency funds, including USD. You will need to submit your proof of address, which can take up to 2-3 days to verify.

Once verified, you need to select the ‘Deposit’ option under your profile. From here, select your local currency and transfer preference. Send your fiat currency by following on-screen instructions.

Now click on the trade tab and select New Order. Buy XRP by inputting the amount of XRP that you want to buy. Once you have your XRP, move it to your wallet, where it can be stored safely.


XRP is a native asset of the decentralized XRP ledger. You can easily buy and sell XRP in various crypto exchanges, but before starting that, it is important that you set up a secure wallet to store your XRP. While searching for the Ripple wallet, there are few things that you should keep in mind: