How To Buy XRP Australia (6 Easy Steps)

Are you a beginner and wondering how to buy XRP in Australia but don't know where to start? If so, this simple guide will show you how and where to buy XRP using each of the best cryptocurrency exchanges in Australia. To help you get started, we have conducted extensive research and assessed the important consideration when looking for a crypto exchange in Australia such as trading fees, deposit limits, payment methods, safety & security and customer support. 

Best Exchange For


Best Exchange For


Best Exchange For


Best Exchange For

digital surge

This post contains affiliate links with our partners who may compensate us. Read our disclaimer for further information.

Guide: How To Buy XRP Australia

To obtain XRP in Australia, follow these steps:

  1. Register for an account with an Australian cryptocurrency exchange such as Swyftx
  2. Complete the signup registration process and verify email address
  3. Go to the left menu and Click 'Deposit AUD'
  4. Select your preferred payment method and confirm
  5. Select XRP from the coin list and enter the amount to buy
  6. Confirm the transaction details and confirm the purchase of XRP

Best Ripple (XRP) Exchanges In Australia

Here is our consolidated list of the best Ripple exchanges in Australia (with our commentary):

  1. Swyftx (beginner-friendly with low spread fees)
  2. CoinSpot (highly trusted, safe and secure exchange) 
  3. Digital Surge (new exchange that is easy to use, low fees)
  4. Coinjar (well established, purchase of crypto with cash) 
  5. Independent Reserve (offers multiple deposit methods) 

get $10 free BITCOIN when you create and verify an account



Some exchanges require you to own a Bitcoin wallet such as the Ledger Nano X. If you don't have a wallet, make sure to read also our guide on the best crypto hardware wallets before getting started. 


Trading Fees









$10 Free Bitcoin


0.1% / 1%


None available at this time

digital surge

Digital Surge



$10 Free Bitcoin

Best XRP Exchanges In Australia: Reviews

Our review and assessment of the popular Ripple (XRP) exchanges in Australia is based on important factors such as ease of use, reputation, charting features, trading fees, deposit methods, security and customer support. 

1. Swyftx

Swyftx is our #1 rated cryptocurrency exchange in Australia to buy, trade and sell XRP and crypto with AUD. It is an AUSTRAC registered cryptocurrency exchange and trading platform that offers a simple and transparent way for individuals to invest in digital assets. The platform has been built to eliminate frustrations on other well-established Australian crypto exchanges such as deception, manipulation, hyper inflation and high spreads by greedy companies.

SPECIAL PROMOTION: Get $10 FREE BTC on sign-up and verification using our referral link.

swyftx australia

Swyftx has quickly amassed over 30,000 registered users in a short period of time since it's inception to the market in 2019. The team's vision is to bring together multiple digital asset exchanges, charts, portfolio monitoring, leverage, funding, fiat and risk management into a simple end-to-end solution. 

The platform supports the most crypto assets in Australia and is packed with features such as an easy to use a mobile app, tax calculator for capital gains, dollar cost averaging tools and more to help beginners get started. 

swyftx comparison


  • 170+ crypto coins to buy, trade and sell
  • Rapid verification takes less than 2mins (without document upload)
  • Low trading fees and spreads to maximize amount of crypto
  • High liquidity to obtain best market rates
  • Automatic recurring purchases to dollar cost average
  • Customer support available 24/7

Ease of use


Deposit methods


2. Binance

Binance is the largest cryptocurrency exchange in the world that offers a place to buy, trade and sell more than 200 digital currency trading pairs such as XRP/AUD. The platform offers instant deposits and withdrawals with AUD via PayID/Osko (NPP payments), is supported by over 100 Australian banks and financial institutions. Binance exchange is one of the cheapest trading platforms to buy, sell and trade with fees between 0% and 0.1%. The cryptocurrency exchange offers a wide range of products that include:

  • Buy crypto using a wide range of fiat currencies 
  • Supports multiple payment methods such as bank deposit and credit/debit card
  • Basic and advanced trading charting to suit users of varying skill 
  • Margin trading platform to trade crypto with leverage
  • Derivatives and leverage tokens
  • A secure Binance wallet to store cryptocurrency assets
  • Binance saving accounts to earn interest on crypto
  • Crypto loans and Binance staking pools 
  • Binance VISA Card to covert and pay with crypto


  • Leading cryptocurrency exchange in the world
  • Exchange has one of the lowest fees in the world
  • Multiple trading pairs against fiat, altcoins and stablecoins
  • Deep market depth and trading volume across altcoin pairs
  • Future, margin and options crypto trading available
  • Zero deposit fees to transfer AUD

Ease of use


Deposit methods


3. Coinspot

CoinSpot was founded in 2013 and has built up a solid reputation as a leading Australian cryptocurrency exchange that is focused on helping newcomers to buy Bitcoin and a wide range of cryptocurrency coins with AUD. The Australian crypto exchange is regarded as one of the most safest platforms with bank-like security measures to protect its customer's information and funds secure. 

Coinspot is a reputable and trustworthy Bitcoin exchange that has never been hacked. It is also the first Australian crypto exchange to receive the internationally recognized ISO 27001 certification for information security. The exchange has been one the best place to buy XRP in Australia over the last few years. 

coinspot website

The only downside with using CoinSpot is the high fees to instantly buy and sell XRP. An alternative to CoinSpot is Swyftx which has a maximum fee of 0.6% per trade. For more information, read our article that compares the differences between CoinSpot and Swyftx.


  • Simple and easy to use exchange to buy XRP in Australia
  • Over 200 cryptocurrency coins to buy, trade and sell 
  • OTC and support for Australian Super Fund investors
  • Only exchange in Australia to meet ISO security standards
  • Deposit using POLi, PayID, BPAY and cash at local newsagency 
  • Customer support available 24/7

Ease of use


Deposit methods


4. Digital Surge

Digital Surge is an Australian crypto exchange provides a fast and easy way to buy and sell digital currency using AUD. The platform has focused on providing a beginner-friendly exchange website for everyday Australians to get started with crypto assets. Based in Brisbane, the team are committed to building trust and transparency within the cryptocurrency community and to bring awareness to the industry for all investors alike. 

Users of Digital Surge can buy, sell and even pay bills using Bitcoin. The local exchange is focused on simplicity which starts from the verification process which is automated. That means, users can buy digital currency quickly and easily using a buy wizard that guides through each step.

digital surge website


  • Simple and easy to use platform for buyers and sellers
  • Regulated cryptocurrency exchange account
  • Buy, sell and pay bills using Bitcoin
  • A flat 0.5% transaction fees
  • Supports PayID, POLi and BPAY deposit methods
  • Support team available 24/7

Ease of use


Deposit methods


5. CoinJar

CoinJar is a trusted and reputable Australian crypto exchange and one of the longest-running digital currency platforms. CoinJar allows its users to buy, sell, store and spend digital assets and offers easy-to-use products such as a crypto debit card, crypto EFTPOS card and secure CoinJar wallet application for mobile devices. 

With more than 400,000 customers and over $1.5+ Billion traded in digital currencies, the cryptocurrency exchange is one of the best places to buy XRP that will suit both beginners and experienced investors. 



  • Easy to use, simple and innovative cryptocurrency products
  • Trusted and regulated XRP exchange in Australia 
  • Reliable and safe crypto trading app
  • Mobile trading app to buy and sell crpytocurrencies
  • Buy crypto with bank payment, debit card, Swipe, BPAY and cash
  • Customer support available 24/7

Ease of use


Deposit methods


6. Independent Reserve

Independent Reserve is one of the most popular cryptocurrency exchanges for investors in Australia and New Zealand with its support for traditional fiat currencies such as AUD, USD and NZD. Customers can deposit funds via bank transfer, POLi, PayID and SWIFT to fund an account and buy/sell up to 24 assets including XRP that can be securely stored in a crypto wallet.

High net-worth individuals, institutions and Australian Super Fund investors can access fees as low as 0.05% per trade. However, for most investors the trading fee of 0.5% is competitive.

independent reserve website


  • Reputable and trusted Australian cryptocurrency exchange
  • Tier based fee structure that decreases with volume traded
  • Funds are backed by insurance company
  • Wide range of deposit methods 
  • Automatic recurring purchases to dollar cost average
  • Customer support available 24/7

Ease of use


Deposit methods


Best Ways To XRP In Australia

There are several ways to invest in XRP which depend on your payment method. If you prefer to use a regulated cryptocurrency exchange in Australia (which we recommend), then you should know that each digital currency provider supports  different deposit methods. 

Therefore, it's best that you decide to register with an exchange that supports your preferred payment method to buy XRP. Use our guide below to see which common deposit methods are supported by our top rated Australian crypto exchanges. 

Buying XRP Using A Bank Transfer

You can purchase Ripple XRP using bank transfer (EFT) using a regulated cryptocurrency exchange in Australia. Bank transfers usually credit within the same business day depending on the bank. Most Australians will be familiar using an EFT transaction using their online bank account.

To complete the transfer, you need to obtain the BSB and Account Number of the exchange's bank account. This is not different from making a payment to anybody. You should note that a bank payment can take a bit longer to clear compared to other deposit method and it is easy to make an error. 

Buying XRP Using PayID

Using PayID is an easy method to buy XRP in Australian that is supported by most of the larger Australian banks. This is a near instant payment method, so it will suit investors that wish to make an immediate purchase. 

AUD deposits will be credited to your account within minutes of being transferred from your bank account. All you need is the cryptocurrency exchange's PayID email address to make a deposit.


independent reserve

Trade With Australia's Most Trusted Exchange

Independent Reserve provides a stable and secure platform for individuals to buy and sell 26 of the most popular digital currencies.

Buying XRP Using POLI Payment

POLi is an instant deposit method that is available on several cryptocurrency exchanges in Australia to purchase Ripple. The deposit method allows you to complete the transaction from the exchange through an interface to your supported bank account. 

It works in the same way that you would normally visit your online bank website to make a payment. POLi payments are incredibly simple and only takes a few minutes to complete and the funds are transferred direct to the exchange.

Buying XRP Using A Credit Card

Generally, Australian banks do not permit the use of credit card to invest in Ripple. Therefore, you will find that most crypto exchanges in Australia do not have the option to deposit funds with a credit card. Depending on which bank you're with, it can still be possible to buy XRP using a debit card. You should check with your financial institute or card issuer to find out if you can buy crypto with a credit card.

Buying XRP Using A Cash Deposit

There are several Australian crypto exchanges such as CoinJar and Coinspot which allow individuals to buy XRP using a cash deposit at a local newsagency. The fees to buy the digital asset using cash is slightly higher than using a traditional bank transfer. CoinJar and Coinspot fees to buy XRP with cash is 1.5% to 2.5% respectively.

Step-By-Step Guide To Buying XRP (Ripple) In Australia

Step 1 - Register Account

To create an account with Swyftx, click the "Sign Up" button below. This will take you directly to the Swyftx registration page where you will be required to fill in your email, set a password, enter your name and phone number.

Click "agree" to the terms and conditions and hit "Create My Account".

swyftx register

Step 2 - Verify Account and Activate 2FA

The verification process for Swyftx is incredibly simple and can be completed in 2 minutes.  To start the verification process, navigate to the side bar on the left and click "Profile" then under your name go to "Verification".

This will bring up an online form where you will only be required to provide a few details.

swyftx verification

Once you completed all of the verification steps, you will want to activate the two-factor authentication on your account. This is essentially another security layer to keep your funds safe and secure.

To get started, go to the "About" page and click "Setup MFA". Follow the prompts to install the Google Authenticator App on your smart device and enter the token that appears once you have scanned the QR code.

swyftx 2fa

Step 3 - Deposit AUD

The next step is to click the "Deposit AUD" link on the left side bar. Here you will be able to choose the amount of Australian Dollars that you wish to deposit.

Once you are on the deposit page, you can fund your Swyftx account with Australian Dollars (AUD) using either PayID (instant) or BPAY (within same business day).  

swyftx deposit AUD

Step 4 - Buy Ripple

Now that your account is verified and you've deposited AUD (or BTC), you can start buying and selling cryptocurrency. To get started, click "Trade" on the left side bar. This will bring up the digital "Asset" list where you can search and select any cryptocurrency. Swyftx has over 170+ crypto assets to trade and growing.

buy ripple xrp

Select XRP that you wish to buy, sell or trade and it will display the current price against AUD. Now select how much AUD you want to spend on the coin and click "Instant Buy". The XRP amount will be purchased, show in your trade history and stored in the Swyftx wallet.  

How To Trade XRP (Ripple) In Australia

To trade XRP in Australia, follow these simple steps:

  1. Register an account with a cryptocurrency trading exchange such as Binance
  2. Complete the signup registration process and verify your email  
  3. Go to the navigation menu and Click 'Wallet'
  4. Select XRP (Ripple) or another cryptocurrency and click on 'Deposit' 
  5. Transfer funds to the exchange from your hardware wallet
  6. Go to the “Trade” menu and select another crypto to trade against
  7. Enter in how much crypto to buy or sell against XRP
  8. Confirm the order details and confirm the trade
binance charts

Frequently Asked Questions

What Is XRP?

The first thing to know is that XRP is both a payment network for cross border payments and a digital cryptocurrency. The Ripple platform is an open source protocol which is designed to allow fast and cheap transactions. It's token which is called XRP, has been designed to transfer value across the Ripple Network as a mediator for both cryptocurrencies and fiat exchanges.

Ripple operates on an open-source and peer-to-peer decentralized platform that allows for a seamless transfer of money in any form, whether it be USD, NZD, Bitcoin and even commodities. 

One of XRP's key focuses is to streamline international cross border payments between financial institutions and banks. The XRP token can be used on Ripple’s blockchain Ripple.Net infrastructure to increase the speed of transactions between banks even faster. 

What Is The Difference Between XRP and Bitcoin?

The key difference between XRP (Ripple) and Bitcoin is the purpose it was designed for. Bitcoin was developed by Satoshi Nakamoto as a decentralized peer-to-peer alternative to the current fiat payment system without the need for a middle man. In comparison, Ripple was developed by a company to improve the financial banking system’s current payment system as opposed to replacing it.

Secondly, as mentioned above, Bitcoins are created by a process called mining. This means that new transactions are verified, collected and added to the blockchain network. This generally requires a powerful computer to mine Bitcoins, which generates a reward for those individual's called miners.

On the other hand, XRP is not mined. All XRP coins were created at Ripple’s inception with regularly releases coins into the open cryptocurrency market forming a centralized system and opposite to the decentralized nature of Bitcoin.   

Where To Store XRP?

XRP can be held on the cryptocurrency exchange or transferred to a reputable cryptocurrency wallet which is kept under the possession of the investor. The best XRP wallets for available are the Ledger Nano X and TREZOR T.

Hardware wallets provides an airlock between internet-connected devices and the XRP token. The private key which give the right to access the cryptocurrency (send, transfer and receive) is kept on the wallet and not an exchange. This means the XRP coins can be recovered even if the hardware wallet is damaged, lost or stolen. The cost of a hardware wallet is a relatively small price to keep a XRP and other digital currencies safe for the long term.


If you're looking for the best exchange to buy, trade and sell XRP (Ripple) in Australia, we hope this guide was useful.  

With any financial investment, make sure to do your own research and due diligence on the coin provider before depositing any funds. And if you don't have a hardware wallet, we suggest that you read our review on the best crypto hardware wallets so you can keep your XRP investment safe.

If you found this article useful, feel free to share it with your social network.

Default image
Kevin Groves
Kevin is the founder of hedgewithcrypto and is passionate about blockchain technology. He has been involved with Bitcoin since 2016 and is a swing trader with over 10 years of experience. He loves trading crypto using various platforms and helping others learn about cryptocurrencies via hedgewithcrypto.