10 Best Ripple Exchanges 2020 – Review

Perhaps you have heard about the Ripple protocol and its native Ripple coin (XRP). XRP is gaining popularity due to its very fast transfer rate it only takes a few seconds to travel from sender to receiver. You have been sold! And now, you are looking for the best Ripple exchange.

There are many cryptocurrency exchanges that let you buy XRP. However, it might be difficult to buy Ripple with USD. The easiest way to purchase XRP is to use either Bitcoin or Ethereum. Buying Bitcoin using fiat currency is quite easy. Most exchanges allow you to purchase it using the local currency or you can buy it peer-to-peer with a service like LocalBitcoins, or through an exchange like Bitstamp. Once you have some Bitcoin, you can send it to one of the various exchanges where XRP is traded, and make the trade.

Where is the best place to buy Ripple? Keep reading to find our list of the 10 best Ripple exchanges.



CEX.IO currently offers an exchange, as well as simple buy/sell methods for the following pairs: XRP/USD, XRP/EUR, XRP/BTC. It is one of the best sites to buy Ripple for fiat currency. You can deposit the US dollar or Euro to the exchange using both bank transfers and credit cards and buy Ripple directly.

The company is located in the United Kingdom and serves customers from all over the world. It is a safe place for your assets as CEX.IO claims to store users’ funds in offline cold storage and it also provides 2-Factor Authentication, either by Google Authenticator or SMS/Call requests.

The CEX platform offers cross-platform trading via website, mobile app (available on Android and iOS), WebSocket and Rest API.

However, this exchange is not the cheapest one. The basic fees for trades made on the CEX platform start at just 0.2%. However, higher fees are applicable if using credit or debit cards or making withdrawals to bank accounts. E.g. it charges 3.5% plus $0.25 / £0.20 fees for credit card deposits to user’s accounts.



Binance is a cryptocurrency exchange with a focus on crypto-to-crypto trading, so you’re not able to fund your account with fiat currency. You can only deposit cryptocurrency funds, but there’s no limit on the amount that you can deposit. There are also no fees on any of your deposits. It means that you can deposit your BTC in order to buy XRP coins.

There are two options for trading platforms on Binance: Basic and Advanced. There are not many differences between the two views with the exception of being able to do more detailed technical analysis in the Advanced view. However, even the Basic view is fairly complex and not ideal if you’re just starting to invest.

The platform currently charges a flat 0.1% fee on each trade.



Changelly is another service that allows Ripple to be easily purchased with USD or other digital coins from their list by credit or debit card.

This exchange has made the trading process very easy for investors who want to invest in digital currencies. They do not only let you purchase different coins directly from your credit or debit cards but they also allow you to use their website for trading purposes and submit the coin to other online wallets.

Changelly never actually hold your coins, so you need to have a Ripple wallet. An exchange wallet like Binance with 20 Ripple in it can be used. In order to prevent massive amounts of unused Ripple addresses, Ripple requires each address to have a minimum of 20 Ripple in it. As long as your first Ripple transaction to your wallet is worth more than 20 Ripple then you are good to go.

They charge you a 0.5% fee and it is a fixed amount of fee which does not get affected by the amount of money you want to exchange. And the whole process of buying digital currencies on Changelly does not take more than a few seconds.



HitBTC offers numerous advantages for traders, including a high liquidity and the cutting-edge matching engine technologies. There are also low fees, strong security measures, no limits on deposits or withdrawals of digital assets, over 150 instruments to choose from, and the most advanced FIX API and REST API. Additionally, HitBTC does not require registration, delivers full access to trading, and has unlimited top-ups for your balance.

The platform also offers an affiliate program, which rewards users who bring new people to their website.

HitBTC is worth considering if you are looking for a well-established exchange with high volume and liquidity or need access to an API. But keep in mind that it is a crypto-to-crypto company where you can trade ripple only in BTC/XRP pair.


Paybis logo

Paybis is a UK based bitcoin exchange platform, aiming to provide a trustworthy and simple experience for its users.

It is a platform created to help people buy and sell cryptocurrency with a variety of payment methods. It aims to be a fast and simple way to get started with cryptocurrency.
They have a competitive advantage due to our range of features. These include 24/7 live customer support, an easy and intuitive user interface, state-of-the-art security, quick transaction processing time, a referral program with tons of promo tools, and many more features that deliver great customer experience.

In case this is your first time buying Cryptocurrencies friendly agents will guide you through the whole process, from choosing your wallet to selecting the best payment method, and they will also personally walk you through the verification process.



Kraken is headquartered in San Francisco, and serves users from the entire of North America—with the exception of New York (check here why). The company enjoys a good reputation due to the fact that it has been resilient to major hacks and also as it was chosen as the platform by which creditors of the Mt.Gox exchange could receive their claims.

Kraken is most well-known for its Bitcoin and Ethereum to cash (EUR and USD) markets, however, a wide range of both fiat and cryptocurrencies are tradable on the platform. It means you can easily buy Ripple coin here.

Kraken allows for deposits and withdrawals via CAD, EUR, GBP, JPY, and USD, with fiat currency payments being conducted via Bank Transfer. For users with a bank account within the European Economic Area, the SEPA payment system is also supported.

The exchange offers both basic and advanced accounts. To open a basic account, users are required to give their full name, date of birth, address and phone number. Advanced account users must go through a more stringent verification process in order to complete their registration.

Transfers made in digital currencies incur their own unique fees:

Ripple (XRP): Deposit (Free) / Withdrawal (Ʀ0.02)



Bitstamp is one of the oldest and most well-respected cryptocurrency exchanges in operation today that has offices in a number of locations and provides cryptocurrency trading solutions to clients located across the globe.

Bitstamp has become popular with both intermediate and experienced cryptocurrency traders who are interested in purchasing the more established cryptocurrencies by using fiat currencies. The exchange aims to offer its users a low-fee way of exchanging large amounts of digital currencies and it currently ranks among the top ten for its trading volumes. And you can use BTC, EUR or USD to buy XRP.

The platform allows its user to make purchases via a number of different methods and supports a variety of payment options which include:

  • Credit/Debit Card.
  • International Wire Transfer.
  • SEPA.



Bitso is a Mexican cryptocurrency exchange founded in 2014. It allows users to exchange Bitcoin and Ether for Mexican Pesos. Users can deposit and withdraw MXN through the Ripple Gateway among others. Bitso is committed to developing efficient financial services in Mexico. You can get ripple via MXN or BTC here.

The Mexican bitcoin exchange is looking to capitalize on the momentum in the country, which according to a Bitso report boasts the highest cryptocurrency trading volume in the Latin American region. Bitso trading volume over a 24-hour period in March 2018 averaged approximately $3.5 million, which is low comparatively speaking to US bitcoin exchanges.

Bitso charges a variable fee for cryptocurrency exchanges that is based on the number of transactions that a user completes over a 30-day period. The range is a 0.1% minimum to a 1% maximum. The more trades that a user completes, the lower the fee they are charged.

The exchange charges zero fees for SPEI transfers in MXN.

Bitso charges zero fee for BTC deposits, and once confirmed, funds can become accessible in less than an hour.

The company also provides mobile app for iOS and Android with the same functionality as the website.



Qryptos exchange does not provide a wide range of fiat currencies on buying Ripple, as it is a cryptocurrency-only platform. However, it is designed to offer quick and easy trading of dozens of cryptocurrencies.

QRYPTOS is owned by QUOINE Corporation, a blockchain and crypto-focused fintech company regulated by the Japanese Financial Services Agency.

It is a global platform and accepts users from around the world. However, the platform has restricted access in certain countries.

QRYPTOS offers a unique fee structure for trades:

  • Taker fee: 0.15%
  • Maker fee: -0.075%

In other words, for every market trade completed through the platform by a market maker, QRYPTOS pays the maker 50% of the fee collected from the taker. These negative fees are only a temporary move designed to generate liquidity, and it’s unclear what maker fees QRYPTOS will charge when this offer ends.

QRYPTOS doesn’t charge any registration, deposit or withdrawal fees, however, remember that if you’re depositing XRP into your account, you’ll need to pay a 20 XRP fee to activate your wallet address.



Gatehub is a UK-based cryptocurrency exchange that has a special focus on Ripple (XRP). It uses this digital coin for trading and moving money across the so-called Ripple network.

Apart from XRP, at Gatehub you may also trade in popular coins such as Bitcoin, Ethereum and others can be traded against the EUR, USD and other fiat currencies. Besides, coin-to-coin trading is also enabled.

Gatehub has a special gateway for digital assets other than Ripple. It is called Gatehub Fifth and provides BTC, ETH, ETC and REP issuance on the Ripple network.

Like most exchanges, Gatehub uses Two-factor authentication (2FA). However, identity verification is not mandatory for crypto transactions, only for bank transactions.

Probably the biggest advantage of Gatehub is that it clients can directly change cash for Ripple or other digital coins. The supported fiat currencies are USD, EUR, CNY, and JPY. Besides, the exchange accepts payments with bank transfers, including SEPA transfers.

GateHubs trading fees range from 0.2% to 0.3% per transaction, depending on the instruments traded.


After reading this article, it should not be that difficult for you to make a decision and select your best exchange for ripple. However, it is suggested to conduct your own research to identify the pros and cons of every platform before signing in and transferring your coins there.