How to buy and sell xrp Ripple coins? How many times has the xrp Ripple increased?
Apr 21, 2025 am 11:12 AMThe XRP Ripple coin buying and selling process includes: 1. Select trading platforms, such as Binance, Gate.io, OKX, Kraken; 2. Registration and certification, KYC verification and security settings must be completed; 3. Deposits and transactions, support fiat currency deposits and cryptocurrency exchange, the order types include market orders and limit orders, and the address and Memo tags must be entered for withdrawal; 4. Notes include handling fee differences, regulatory restrictions and recommended hardware storage.
1. XRP Ripple Coin Trading Tutorial
(I) Select a trading platform that currently supports XRP mainstream trading platforms include:
- Binance : Covering XRP/USDT, XRP/BTC and other trading pairs, supporting fiat currency deposits and credit card payments
- Gate.io : Suitable for beginners, providing direct purchase of XRP services for USD
- OKX : Support XRP contract trading and multi-currency leverage services
- Kraken: Institutional-level trading platform, suitable for large-scale trading
(II) Registration and certification
- Account creation: Fill in the email, mobile phone number and other information on the official website of the platform to complete the registration
- KYC verification: ID card, passport and other documents need to be uploaded, and some platforms need to wait 1-3 working days for review
- Security settings: enable secondary verification (2FA) and withdrawal whitelist functions
(III) Deposit and trading operations
- Fiat currency deposit: recharge US dollars, euros, etc. through bank transfer, Alipay/WeChat payment, etc.
- Cryptocurrency Exchange: If you hold BTC/ETH, you can directly exchange XRP
- Order Type
- Market order: instant transaction at the current best price
- Limit order: Set the target price (if below the market price 10%) automatically triggers the transaction
- Withdrawal operation: When withdrawing coins from the platform to XRP storage, you need to enter the storage address and Memo tag.
(IV) Things to note
- Exchange fees vary greatly (Binance orders are 0.1%, Coinbase is about 1.49%)
- Some countries cannot trade XRP due to regulatory restrictions (such as some states in the United States)
- It is recommended to use hardware storage (such as Ledger) to store XRP for a long time
2. Analysis of the historical increase of XRP Ripple
(I) Key price node
- 2013: Initial price is about $0.005
- 2017: Prices soar to $3.84 (768 times increase) as Ripple cooperates with financial institutions
- 2021: Retracement to SEC lawsuits to fall back to $0.2, and bull market rebounds to $1.96
- April 2025: Recent price fluctuations are between US$1.79 and US$1.85, down about 52% from the historical high
(II) Drivers of growth
- Technical advantages: Cross-border payment is received in 3 seconds, the cost is only 0.0001 XRP
- Regulatory progress: After the 2024 SEC litigation phased victory, the price rebounded to more than $2
- Market sentiment: Ripple's acquisition of Hidden Road in 2025 boosts market confidence
(III) Future potential and risks
- Upward expectations:
- If XRP spot ETF is approved, Standard Chartered Bank predicts that the price may reach US$12.5
- Ripple's new stablecoin RLUSD may enhance ecological demand
- Downside risk:
- The final decision of the SEC lawsuit remains uncertain
- Global trade war leads to overall pressure on the cryptocurrency market
3. Latest market trends (April 9, 2025)
- Price: XRP is currently quoted at $1.85, with a 24-hour increase of 2.8%, and its market value returns to third place
- Policy Impact: US tariff policy adjustments cause BTC to fall below $74,000, XRP shows resistance to declines
- Institutional trends: Ripple spends $1.25 billion to acquire Hidden Road to promote ecological expansion
The above is the detailed content of How to buy and sell xrp Ripple coins? How many times has the xrp Ripple increased?. For more information, please follow other related articles on the PHP Chinese website!

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