- Ripple Labs is an American technology company that develops the Ripple global payments settlement system and currency exchange network.
- Ripple (XRP) is the native cryptocurrency that powers fund transfers over the RippleNet (Ripple Network).
- Ripple's network can facilitate transfers of commodities including fiat currencies, cryptocurrencies, and even gold.
If you want to invest in Ripple, this step-by-step guide will take you through the process of buying Ripple in New Zealand today.

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Where to buy Ripple

On website
Swyftx
Highlights
- Receive $10 worth of BTC when you sign up and verify your account.
- Trade over 260 assets on Swyftx including Bitcoin, Ethereum, Ripple and Litecoin as well as DeFi coins such as UniCoin.
- Deposit or withdraw funds from your account using several payment methods (PayID, OSKI, POLi or bank transfers).
- New to Crypto? Try Swyftx's demo mode, it allows you to mock trade with no financial risk while you learn the ropes of crypto trading.
Pros
Cons

On website
Easy Crypto
Highlights
- The first crypto broker in New Zealand to offer a 100% funds safety guarantee on every order.
- Full custodial control over your crypto at all times.
- Convert easily and quickly between cryptocurrencies.
Pros
Cons

On website
Uphold Crypto
Highlights
- Invest in 110+ coins including the majors, altcoins, and stablecoins with 0% commission.
- Ability to trade crypto against other assets like foreign currency and commodities.
- Stake a range of coins with competitive yields.
Pros
Cons

On website
Gemini Exchange
Highlights
- Gemini Exchange makes it simple to research the crypto market, buy bitcoin and other cryptos, and build a portfolio for the future of money.
- Set recurring buys and dynamic price alerts.
- All crypto held online in Gemini's exchange wallet is insured and it uses the best-in-industry cold storage coverage with leading insurance providers.
Pros
Cons

On website
Independent Reserve
Highlights
- Instant deposits 24/7 via Osko/PayID.
- Fee-free deposits are available. Trading fees from 0.5% down to 0.02%.
- Invest in crypto for your SMSF and get detailed reporting for ATO compliance.
Pros
Cons
Step 1: Choose an exchange that sells Ripple
You must first choose an exchange to use before buying XRP. Before depositing money into a cryptocurrency exchange, there are some things to look at and consider. Make sure the coin you want to buy is listed, check available deposit methods, whether the exchange supports your preferred payment method to buy Ripple, what fees they charge on trades, and if they charge to withdraw funds.
Step 2: Register and get verified
Once you've decided which exchange to use, you'll need to register an account with them and verify your identity. What information the exchange requires varies but generally includes your full name, date of birth, and address. In addition, a copy of a form of government-issued ID may also be required to complete verification.
Step 3: Fund your account
You can fund an exchange account with fiat or cryptocurrency. Most exchanges support fiat currency (NZD) transfers from a bank account or credit card. Payments via PayPal and POLi may also be available. Fiat currency transfers may take several days to clear into your account at the exchange. Another option is to transfer cryptocurrency from a wallet you already control (but this could incur processing fees). Note that some exchanges my require a minimum deposit amount before you can start to buy.
Step 4: Set yourself a budget
Decide how much you want to put into Ripple and stick to it. Crypto is a volatile asset class. It's possible to lose a substantial amount of your money in a relatively short period of time. Therefore, it's best to invest only what you are able to afford losing.
Step 5: Buy Ripple
The most convenient way to purchase is to use an market order, i.e. purchase Ripple at the next price. If you want to build your position in Ripple, some exchanges make it possible to dollar cost average with recurring buys.
Where to keep your Ripple
If you want to steer clear of malware and hacking, store your XRP tokens in an offline or cold wallet (also known as a hardware wallet). However, if you want to keep your XRP convenient so you can trade more easily, keep it in the exchange's wallet.