How to Buy XRP

Where can you buy XRP?

On 20 October 2026 we checked the official market data of every exchange we cover. All six have a live XRP/USDT spot pair:

Check the exchange accepts residents of your country before you sign up: Compare exchanges

Step 1: Create and verify your account

Sign up through the link, then complete identity verification. Without it you can't buy USDT on P2P. Guides: Create a Binance account · Verify your Binance account.

Step 2: Buy USDT in your local currency

In most countries the practical route isn't buying XRP with your currency directly. You buy USDT first on P2P, paying by bank transfer or a local e-wallet, then swap it. Full guides: How to buy USDT · Buy USDT on Binance P2P. For the other ways to fund your account (card, or a crypto deposit from another wallet): how to deposit on Binance.

Country guides with local payment methods: Egypt · Saudi Arabia · UAE · Morocco · Iraq · All countries.

Step 3: Convert USDT to XRP

Easiest (Convert):

1. Move the USDT from your Funding wallet to your Spot wallet.
2. Trade → Convert → from USDT to XRP.
3. Enter the amount → Preview Conversion → Convert.

Or on spot: open the XRP/USDT pair → Buy → Market → enter the amount. Spot trading guide

Your XRP lands in your Spot wallet. If you're keeping it on the exchange, you're done.

Step 4: Withdraw XRP to another exchange or wallet (mind the tag)

This is where XRP differs from most coins. According to the official XRP Ledger docs, exchanges use one shared address for many customers, and the destination tag (a number) tells them which customer to credit. Binance and MEXC both name XRP among the coins that need a tag/memo on deposit.

Withdrawing from Binance:

1. On the receiving exchange: Deposit → XRP → copy the address and the tag (sometimes labelled Memo).
2. On Binance: Assets → Overview → Send → Withdraw Asset → XRP.
3. Paste the address, choose the XRP (XRP Ledger) network, and paste the tag into the MEMO field.
4. Enter the amount. The withdrawal fee appears on screen after you enter the amount, before you confirm. Fees change, so we don't quote a fixed number.
5. Confirm with 2FA. First time to this address? Send a small test amount.

Full guide: How to withdraw from Binance.

Sending XRP to your own wallet (not an exchange)

A personal wallet (one where you hold the recovery phrase) usually doesn't need a tag, because the address is yours alone. But on the XRP Ledger every address must hold a base reserve of 1 XRP, which stays locked and can't be sent. So if your first transfer to a new wallet is exactly 1 XRP, you won't be able to use any of it.

XRP-specific warnings

• "Send XRP, get double back": Ripple says it never asks you to send it XRP and doesn't run giveaways. Any YouTube live stream or account promising to double what you send is a scam, even if it shows a famous face.
• "Activate your XRP wallet" or "swap your old XRP" messages: ignore them. Never type your recovery phrase into any site or bot.
• Buy inside the exchange only. "Cheap XRP" offers on WhatsApp or Telegram are usually scams. Read: P2P scams.
• The price swings a lot. Don't put in money you need.

Other coins you buy the same way (USDT on P2P, then Convert): How to buy Bitcoin · How to buy BNB · How to buy Ethereum.

Frequently asked questions

How do I buy XRP for the first time?

Create and verify a Binance account, buy USDT on P2P in your currency, then convert it to XRP with [Convert].

Can I buy XRP with Egyptian pounds or Saudi riyals?

The usual route is to buy USDT with your currency on P2P, then convert it to XRP. The Egypt and Saudi Arabia guides cover the payment methods.

What is an XRP destination tag?

A number that identifies your account inside an exchange, because the exchange uses one address for all customers. When withdrawing to an exchange, copy the address and the tag together.

I sent XRP without a tag. Is it lost?

Not always. Contact the receiving exchange with the transaction ID (TxID). Binance has a recovery form, but success isn't guaranteed.

Why can't I send my last 1 XRP?

Because the XRP Ledger locks a 1 XRP base reserve in every address.

Which exchange is best for buying XRP?

All six exchanges we cover list XRP/USDT. Pick one that's available where you live and has an active P2P market in your currency.

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Last updated: 20 October 2026 · Sources: official XRP Ledger docs (destination tags, reserves), Binance and MEXC official help pages, Ripple's scam page, and the official market data of all six exchanges on 20 October 2026.