XRP’s ecosystem reached a new milestone when Ripple launched RLUSD, a USD-pegged stablecoin, in December 2024. This move will improve global payments and liquidity across financial systems. It marks an important step forward in XRP’s usefulness.
RLUSD grew quickly and reached a market cap of USD 72.00 million by January 2025. Major exchanges like Uphold, Bitso, and CoinMENA have integrated the stablecoin into their platforms. Ripple’s President Monica Long also confirmed that RLUSD will list on Coinbase in 2025. This will make it easier to access and trade the stablecoin.
Asset management firms are now learning about filing for ETFs that track XRP’s price directly. This follows the successful launch of Bitcoin and Ethereum ETFs. Institutional investors might soon have a regulated way to invest in XRP without dealing with crypto custody challenges.
Binance leads all XRP exchanges with a 24-hour trading volume of USD 2.25 billion. Upbit follows with USD 994.00 million in daily volume. These platforms are the life-blood of XRP trading operations.
RLUSD’s integration with DeFi platforms through partnerships with Chainlink points to wider adoption of XRP-based financial products. Combined with possible ETF developments, XRP exchanges could see substantial growth throughout 2025.
Top XRP Exchanges in 2025
Binance Review – Best XRP Exchange
Binance leads the XRP trading market with a massive $2.25 billion in 24-hour trading volume. The XRP/USDT pair on Binance makes up 30.72% of all XRP trades worldwide. This makes Binance the go-to platform for traders who mean business.
Coinbase Pro Review – Top Ripple Exchange Platform
Coinbase Pro has become a major player in the XRP market. The platform handles $563.90 million in daily XRP trades. XRP has now overtaken Bitcoin to become Coinbase’s most popular cryptocurrency. It represents 25% of the platform’s $6.86 billion daily trading volume.
Bithumb Review – Best for Beginners
South Korean traders prefer Bithumb, which handles $396.22 million in daily XRP trades. New crypto traders love Bithumb’s easy-to-use interface and strong security features. The platform now processes about 75% of South Korea’s Bitcoin trading volume.
MXC Review – Reliable XRP Exchange
MXC has grown into a trusted platform for XRP trading with $190.40 million in daily volume. Traders can access over 2,950 tokens for spot trading on MXC. The platform charges competitive maker-taker fees of 0.050%. More than 30 million users from 170 countries now trade on MXC.
Kraken Review – Buy and Sell XRP Exchange
Kraken completes the top exchanges list with $157.32 million in daily XRP trades. Security is Kraken’s strong point – 95% of deposits stay in offline, air-gapped cold storage spread across different locations. Users from most countries can trade on Kraken, except those from sanctioned nations and some U.S. states. The platform supports over 180 cryptocurrencies and keeps full reserves so users can always withdraw their funds.
What Is a XRP Exchange?
Choosing the best XRP exchange in 2025 can be daunting. The crypto market offers more than 600 trading platforms to pick from. Binance and Upbit lead the pack with remarkable daily trading volumes of $2.25B and $994M.
XRP has maintained its position among the top 20 cryptocurrencies since 2012. The cryptocurrency appeals to investors through its half-dollar price point and lightning-fast transaction speeds. Buying XRP is now available to more people thanks to multiple payment options such as bank transfers, credit cards, and PayPal.
Our analysis of top exchanges will help you discover your ideal platform for XRP trading. This piece covers essential aspects like security features, fee structures, user experience, and customer support that will guide your decision-making process effectively.
How Does XRP Exchange Work?
XRP trading on cryptocurrency exchanges works through a special consensus system that completes transactions every 3-5 seconds. This quick settlement time makes XRP different from other cryptocurrencies and traders who want fast execution find it appealing.
Cryptocurrency exchanges of all sizes handle XRP trading with multiple payment options. Traders can buy XRP through bank transfers, debit cards, or wire transfers. US customers can also use PayPal on some platforms, though this service has limited availability.
The XRP Ledger’s decentralized exchange has run non-stop since 2012 and lets users trade tokens with minimal fees. The system works with unlimited currency pairs that activate when users start trading. Trades happen through “Offers” which are limit orders to buy or sell specific amounts of XRP or other tokens.
The network figures out exchange rates by dividing the purchase amount by the payment amount once an order is placed. More than 120 validators keep the network secure. These validators check transaction authenticity using strong cryptographic protocols to create a safe trading environment.
Here’s how the trading process works:
- Order placement and rate calculation
- Matching with existing offers
- Automatic execution at best available rates
- Remainder placement on order books
The XRP Ledger’s auto-bridging feature helps get better exchange rates by routing trades through XRP when it’s cheaper than direct token-to-token trading. The network also makes transaction execution order random within each ledger to stop front-running.
The system handles up to 1,500 transactions every second. Payment Channels can boost this number to tens of thousands of transactions per second. These channels let parties make multiple transactions while keeping everything quick and secure.
| Feature | Capability |
| Base Transaction Speed | 1,500 TPS |
| Consensus Time | 3-5 seconds [122] |
| Active Validators | 120+ |
| Network Uptime | 10+ years |
Types of Ripple Exchanges
Your trading needs and experience level determine which XRP exchange platform works best for you. Different exchange categories come with unique advantages that suit various trading styles.
Centralized exchanges (CEXs) lead the XRP trading world with their high liquidity and accessible interfaces. Central authorities manage these platforms and provide many trading pairs with easy onboarding processes. Most regulated CEXs list about 50 cryptocurrencies to comply with local regulations.
Decentralized exchanges (DEXs) let users keep control of their private keys without intermediaries. The XRP Ledger’s native DEX has processed trades through smart contracts since 2012 with minimal network fees. The DEX uses an “Offer” system instead of traditional order books. Orders get partially or fully filled based on matching availability.
Large XRP trades happen on over-the-counter (OTC) platforms that serve institutional investors and high-net-worth individuals. Buyers and sellers connect directly on these platforms. This setup reduces market impact and adds privacy for big transactions.
Traders can bet on XRP’s future price movements through futures and derivatives exchanges. These platforms offer:
- Leveraged trading options
- Risk management tools
- Advanced order types
- Market hedging capabilities
Algorithms execute XRP trades based on preset strategies on automated trading platforms. These systems help traders who need:
| Feature | Benefit |
| Market Monitoring | 24/7 trade execution |
| Strategy Implementation | Consistent rule-based trading |
| Risk Management | Automated stop-loss orders |
| Efficiency | Rapid response to market changes |
The XRP Ledger’s decentralized exchange supports auto-bridging that improves exchange rates. It routes trades through XRP automatically when it costs less. The system’s design makes transaction execution order random to protect against front-running attempts.
The XRP Ledger’s exchange system stands out because it handles unlimited currency pairs. Users can trade between XRP and tokens, or between different tokens. Issuers and currency codes work as unique identifiers for each trading pair.
How to Choose a XRP Exchage?
Picking the right XRP exchange needs you to look at several factors that ensure safe and quick trading. Let’s get into what makes a platform the best fit for your needs.
Reputation
Your first step should focus on platforms that have proven themselves and follow regulations. Binance shows its market leadership by handling USD 1.75B in XRP trading volume. The best platforms stick to global regulatory rules and keep their operations clear to everyone.
Security
A platform’s security features should be your top priority. The best exchanges use these reliable protection methods:
- Two-factor authentication (2FA)
- Offline cold storage systems
- Anti-phishing protection
- Multi-signature technology
Available XRPcurrencies
Your trading options depend on the number of trading pairs. The top exchanges offer a rich selection of cryptocurrencies, and some platforms support over 180 different ones. Most regulated exchanges list about 50 cryptocurrencies to maintain proper oversight.
Payment Methods
More payment options make trading accessible to more people. Most exchanges work with:
| Payment Method | Availability |
| Bank Transfers | Accessible to more people |
| Credit/Debit Cards | Common but may have restrictions |
| PayPal | Limited to US customers |
| Wire Transfers | Available on major platforms |
Fees
Clear fee structures show how reliable a platform is. The most competitive platforms charge maker-taker fees around 0.050%. All the same, you should factor in deposit and withdrawal fees when comparing exchanges.
User Interface
An easy-to-use interface helps you trade better. The best platforms offer:
- Clear navigation systems
- Simplified processes
- Mobile accessibility
- Up-to-the-minute market data visualization
Customer Support
Quick and helpful customer support is vital to fix any issues. The leading exchanges offer 24/7 support in multiple languages through different channels. Look for platforms that provide live chat, email support, and complete documentation to help users.
FAQs About XRP Exchanges
XRP traders have many platforms to choose from these days. Here are answers to the most common questions about XRP exchanges.
What Is the Safest XRP Exchange?
Kraken ranks among the safest XRP exchanges. It keeps 95% of deposits in offline, air-gapped, cold storage spread across different locations. The platform uses strong security measures like two-factor authentication and encrypted transactions. Coinbase provides extra security through complete insurance coverage and follows regulations in multiple jurisdictions.
What Is the Largest XRP Exchange?
Binance rules the XRP trading world with USD 2.25 billion in 24-hour trading volume. XRP has now overtaken Bitcoin as Coinbase’s most-traded asset, making up 23.8% of the platform’s trading volume. This change shows that institutions are more interested and confident in XRP trading.
Which XRP Exchange Has The Most Coins?
Binance takes the lead by supporting over 500 cryptocurrencies. Coinbase comes close with access to 576 digital assets. This wide selection gives traders more options to build their portfolios and trade. KuCoin stays competitive by offering many digital assets through spot and futures trading.
Which XRP Exchange Has the Lowest Fees?
Major exchanges compete with these fee structures:
| Exchange | Maker/Taker Fees |
| Kraken | 0.01% (futures) |
| KuCoin | 0.1% (spot) |
| Binance | 0.1% (regular) |
Some platforms reduce fees based on trading volume and token holdings.
How to Buy XRP on Exchange?
You can buy XRP by following these steps:
- Account Creation and Verification
- Sign up on a trusted exchange
- Complete identity verification (KYC requirements)
- Set up two-factor authentication for security
- Funding Options
- Bank transfers (most common)
- Debit/credit cards
- PayPal (limited to US customers)
- Wire transfers for larger amounts
- Trading Process
- Go to the XRP trading pair
- Choose your payment currency
- Enter how much you want to buy
- Check and confirm your transaction
Exchanges process XRP transactions in minutes, but settlement times depend on your payment method and network conditions. Successful XRP trading needs you to look at platform security, fees, and payment options that work best for you.