How to Buy XRP in the UK

If this is your first time buying XRP, it is worth starting with the basics: account setup, verification, fees, and where the asset appears after purchase. CEX.IO provides eligible UK-based customers with access to supported crypto services after the required checks are complete.

This guide explains each stage of the XRP purchase process in plain terms.

How to Buy XRP at CEX.IO: a Step-by-Step Guide

Before you can use supported crypto services, you need to create an account, complete identity verification, and finish the required UK onboarding checks.

Here's a detailed guide on how to buy XRP on CEX.IO: 

Step 1 – Create an Account

Start by visiting the CEX.IO website or downloading the mobile app for iOS or Android. Select to create an account, then provide a valid email address, set a strong password, and choose the United Kingdom as your country of residence.

After submitting your details, confirm your email address using the link or code sent to your inbox. As a UK-based participant, you must answer a short set of questions about cryptoassets, related risks, and your previous experience. This is a standard part of the UK onboarding process and helps assess whether cryptoasset services are appropriate for you before certain features become available.

Step 2 – Complete Identity Verification (KYC)

To access payment methods, withdrawals, and other supported features, complete identity verification. This usually includes providing your personal details, confirming your residential address, and uploading a valid identification document, such as a passport or driver’s licence.

You may also need to complete a facial recognition check. Once registration, verification, and any required UK onboarding checks are complete, you can access the crypto services available to your account.

Step 3 – Search for XRP and place an Order

Once your account is ready, choose how you want to buy XRP. You can use the Buy function if you want to add XRP to your portfolio without navigating the trading interface. 

Go to the Buy Cryptocurrency tab, specify your preferred fiat currency and amount, and choose XRP as your preferred asset. Once done, click Buy Crypto and choose your preferred funding pathway under the Select Payment Method tab.

If you prefer to fund your account first, you may add funds through a supported transfer method, then access XRP through Spot Trading or CEX.IO Convert. However, instead of choosing the Buy function, head on to the Wallet tab and select Add Funds. Select the currency and amount you want to add, then choose a supported funding gateway from the menu.

In each case, before placing an order, review the asset, amount, payment method, quoted price, and any applicable fees. If everything looks correct, confirm the transaction and follow the on-screen instructions.

Step 4 – Receive Funds in Your Wallet

After the transaction is complete, XRP will appear in your CEX.IO Wallet. From there, you can review your balance, track market activity, exchange XRP through Spot Trading or CEX.IO Convert, or transfer the asset to an external wallet address.

You can manage your XRP and other supported assets through the CEX.IO web-based platform or mobile app, depending on the services available to your account.

Why Should I Consider Buying XRP in the UK with CEX.IO?

Each enthusiast has their own preferences when it comes to choosing an exchange to buy XRP and other cryptocurrencies, which is only natural.

Some participants may value the possibility to choose between different payment methods, as covered in the section above, others might prefer a more familiar trading environment.

Whether you want to buy, sell, trade, or convert crypto at CEX.IO, you do not need to install additional software. We do not separate buying and trading into different environments, allowing customers to access and manage their portfolios from a single interface without switching between platforms. Our platform includes account management and trading functions for participants with different levels of experience.

There's Spot Trading for those who want to use their market knowledge, fundamental research, or technical analysis when buying XRP or other supported cryptocurrencies. Others may prefer CEX.IO Convert, which allows them to exchange supported assets without navigating charts or placing market and limit orders.

Depending on asset and service availability, eligible participants may access CEX.IO Staking and receive a staking payout while managing supported assets from the same account.

Overall, CEX.IO offers UK-based participants several ways to engage with XRP, whether they want to use the Buy Cryptocurrency function, access trading markets, use asset conversion tools, or manage their portfolio through a single account.

What Can You Do with XRP in the UK?

Once you register and verify on our platform, including completing the appropriateness assessment, eligible customers may access the CEX.IO Wallet where available. This feature allows you to choose how you want to manage your crypto portfolio. Besides buying XRP, you can also sell, trade, convert, and store supported crypto assets.

For those interested in trading, CEX.IO offers Spot Trading. This service allows eligible participants to exchange XRP for other supported digital and fiat currencies. CEX.IO Convert allows customers to exchange XRP for supported fiat and crypto assets at the rate quoted before confirmation without navigating charts or placing separate buy and sell orders.

If you want to withdraw funds, you can use either Spot Trading or CEX.IO Convert to exchange XRP for fiat. From there, you may withdraw GBP through the supported withdrawal methods displayed in your account, depending on availability. Those who do not want to cash out can transfer XRP to an external wallet address. 

Network fees may apply, as outlined on our Limits and Commissions page. Before sending crypto to another CEX.IO account, review any applicable fees and transaction details.