How to Buy Ripple (XRP) with Paypal

The process for buying cryptocurrency can be overly complex most of the time and can dissuade beginners from getting involved with the process. Platforms like PayPal can facilitate the buying process entirely and make cryptocurrencies accessible in a cost-efficient way.

Ripple [XRP] is a cryptocurrency that focuses on frictionless global payments which makes it an attractive asset for a range of people also considering that the Ripple price is predicted to increase by the end of 2023; this guide will overview how to buy Ripple [XRP] with PayPal and get started with using the currency.

While Ripple may seem extremely complex in its technological nature, using it as a payment option and buying it for investment purposes can be very simple with PayPal. Prior to beginning, ensure you have a valid PayPal account, funds that are linked to your PayPal, a valid internet connection, and verification documents such as a passport, proof of residence, and so on at your disposal.

In this article, we look at the best and easiest ways to buy XRP (formerly known as Ripple) in 2023.

How to Buy Ripple XRP with Paypal in 5 Easy Steps:

Open an account with eToro
Select Paypal as a payment option
Fund your account
Search for Ripple in the trading dashboard
Click on buy, enter the amount and click on place order

Best Brokers to Buy Ripple with PayPal

We’ve reviewed the top brokers to buy XRP with Paypal and found eToro to beat the competition platforms in terms of safety, fees, educational resources and trading experience. Click the link below to get started or read on to find out what makes this our top choice.

eToro - Our Recommended Crypto Platform

Our Rating

ASIC, CySEC and FCA regulated - 20 Million Users Worldwide
Buy with Bank transfer, Credit card, Neteller, Paypal, Skrill, Sofort
Free Demo Account, Social Trading Community
Free Secure Wallet - Unlosable Private Key
Staking Rewards for holding ETH, ADA or TRX
Copytrade Winning Crypto Traders - 83.7% Average Yearly Profit

Buy Crypto

81% of retail investor accounts lose money when trading CFDs with this provider.

Where to Buy Ripple with PayPal

eToro - Best XRP trading platform for US and non-US residents

eToro has made a name as one of the oldest and most reputable crypto service platforms in the market. It has been around longer than most as it launched before the first crypto, Bitcoin, came into existence.

Originally, it was a traditional financial trading platform. But following the launch of cryptocurrencies, it evolved to keep pace. At first, crypto traders could only invest using CFDs. But over time, it has introduced its own wallet and support for digital asset trading.

One of the highlights of the platform is the fact that it is regulated in multiple jurisdictions by various entities. For instance, in the UK, it falls under the FCA and MiFID, in Cyprus by CySEC and in the US, by FinCEN.

Each country has different regulations and legislative structures when it comes to who and how you can buy Ripple (XRP). The U.S. is one of the most popular areas of users looking to buy cryptocurrencies.

Arguably the easiest and most efficient method to buy Ripple (XRP) with PayPal's payment processor in the U.S. and outside of the country is through eToro. This is mainly because of the regulation as eToro abides with most countries' regulations, you'll also have the option to buy Bitcoin with Paypal.

Fees: Fees on eToro are also very competitive. The platform has some of the lowest fees on the market, particularly when it comes to cryptocurrencies like Ripple. As you may know, spreads on cryptocurrencies are higher than they are on other assets because cryptocurrencies are highly volatile. Despite this, the spread on Ripple coins is of 2.90%. Other general fees of the platform include an inactivity fee of $5 and a fee of $25 for withdrawals. No account or deposit fees are charged.

Following the steps below to find out how to buy Ripple using PayPal on eToro.

Our Rating

Buy XRP outright or trade Ripple CFDs
CySEC, FCA and ASIC regulated
No commissions on XRP purchases

No MT4 platform

Visit eToro

75% of retail investor accounts lose money when trading CFDs with this provider. Cryptoassets are highly volatile unregulated investment products. No EU investor protection.

Markets.com - Best MT5 PayPal Forex site

Markets.com is a very well established CFD broker that has been around since 2010. The platform offers great customer support services and is regulated by some of the most important regulatory agencies in the industry, meaning that its operations are monitored and the interests of customers are protected at all times. In fact, the site offers an investors compensation fund as well to protect customers from fund loss.

Markets.com accepts deposit and withdrawals from PayPal free of charge. On top of that, the site also offers some great technical chart and indicators to make the most out of your trading experience, especially considering that the platform has MT5 trading, one amongst the most famous trading platforms on the market.

You will be able to access Markets.com in most countries except for the US, Japan, Canada and Australia.

Fees: Fees on Markets.com are also pretty competitive, but you should be aware of them. The platform does not charge any inactivity fee like most other trading platforms do, but spreads are slightly higher than on eToro and Webull. In fact, the spread on Ripple is at 5.69%. What has to be taken into consideration though is that high spreads on cryptocurrencies are normal given the high volatility of digital coins.

Well established
Low spreads on Ripple trades
Low minimum deposit of $100

Not available in the US
Ripple CFD trading only

Visist Markets.com

How to buy XRP with Paypal on eToro

Step 1: Sign up to eToro

Visit the eToro website and click on “Sign up.”

You will be required to submit your details on a form that appears on the main page. Once you do, it will only take a few minutes for your account to be set up.

A simpler registration option is linking your Google or Facebook account.

Step 2: KYC & Verification

Next, you need to verify your identity. As an internationally regulated platform, eToro has to comply with AML and KYC requirements, hence the need for verification.

For this step, you can upload your driver’s license, passport or ID. Though it is not mandatory for buying Ripple, verification will allow you to access other functions such as trading crypto.

Step 3: Deposit funds into your account by selecting Paypal as a payment method

Use your credit card or a bank transfer to fund your eToro wallet and then buy Ripple within the wallet.

Other payment options include eWallet services such as Neteller, PayPal and Skrill.

Choose the payment method and then make your initial deposit. For beginners, $250 is a good place to start as you get better acquainted with the platform.

75% of retail investor accounts lose money when trading CFDs with this provider. Cryptoassets are highly volatile unregulated investment products. No EU investor protection.

How to buy XRP with Paypal on Webull

Below you will find out how to buy ripple with Webull using Paypal as a payment method.

Step 1: Sign up to Webull

Click here to get started. Select whether you want to trade with a demo account or real funds (in this case, select the latter) and continue with typing your details in the required fields.

Step 2: KYC & Verification

Before you can buy or sell anything on the platform, you have to verify both your identity and address. Upload the documents and don’t forget to verify your email address and phone number too.