XRP, the native cryptocurrency of the Ripple, has grown to become one of the top 5 cryptocurrencies in terms of market capitalization. With its origins dating back to 2004, XRP aims to provide a fast, scalable, and decentralized solution for cross-border payments and value transfers. Buying XRP has become increasingly popular among cryptocurrency investors looking to diversify their portfolios. This guide will walk through the step-by-step guide on ‘how to buy XRP on Uphold.’
Why Buy XRP on Uphold?
As a regulated US digital money platform serving over 13 million customers globally, Uphold stands out as a trusted option for easily buying, holding and converting XRP. Reasons to consider Uphold specifically for your XRP purchase include:
- Easy to fund with fiat currencies: Uphold directly accepts USD as well as EUR, GBP, and other currencies
- Low fees and no hidden charges for XRP transactions
- XRP can be easily sent to external wallets or held securely on the platform
- Wide selection of funding methods available, from debit/credit cards to bank transfers
- KYC-compliant platform with emphasis on security and compliance with regulations
- Supports XRP purchases and trades for users and businesses worldwide
Step-by-Step Guide to Buy XRP on Uphold
Signing up and buying XRP on Uphold takes less than 5 minutes. Simply follow these steps:
1. Create a Free Uphold Account
To buy XRP on Uphold, visit its official website to set up your user profile with basic personal details and contact information. Verify your email to complete the signup.
2. Add a Payment Method
Navigate to “Add Funds” to connect your bank account, debit card or other payment method. Adding funds directly in USD (or supported fiat currency) avoids exchange fees.
3. Buy XRP
Type in “XRP” on Uphold’s homepage or go to “Transact > XRP” to buy this asset. Enter the amount of XRP you want to buy or the currency amount to swap from.
4. Withdraw XRP (Optional)
XRP can be withdrawn to any external crypto wallet address, with typical delivery times under 30 minutes. Go to your XRP card and select “Send to external crypto address”.
The purchased XRP will be reflected in your Uphold wallet balance. You can also convert between XRP and 50+ other currencies on their platform.
Additional Tips
When buying XRP on Uphold, keep these tips in mind for a smooth experience:
- Enable 2-factor authentication for better account security
- Comparison shop exchange rates and fees across platforms
- Verify identity early on for higher account buying limits
- Be cautions of fake URLs — type uphold.com directly into your browser
So there you have it! In a few quick steps, anyone can signup, pass KYC verification, add payment funds and purchase XRP or any other supported asset on Uphold. Their expanding list of currencies and ease of converting between them makes Uphold an ideal hub for managing cryptocurrency investments and trading strategies.
