Ripple price AUD (XRP)

Ripple price chart

The below Ripple price chart tracks the price of Ripple against AUD over time. The rate shown is indicative only as actual buy / sell rates depend on market liquidity and fees at the time of quotation.

Market cap

$22.9B

Volume 24hr

$632.2M

Supply

45.4B XRP

Max supply

100.0B XRP

What is Ripple?

✓ Permissioned ledger ✓ Respectable partnerships ✓ Secure, fast & low transaction fees

Ripple is a cryptocurrency that connects banks, payment providers, digital asset exchanges, and corporations via RippleNet. This can create a frictionless payment experience that lets banks send fiat currencies globally. It aims to transition transaction records from being held in databases of big banks to more open infrastructure on RippleNet. Ultimately, the vision of XRP is to enable the Internet of Value so the world can move value the way it moves information today.

How do I buy Ripple?

  1. Deposit funds into your Cointree account using our fast and convenient options.
  2. Enter the amount of Ripple that you would like to buy.
  3. Confirm your purchase and Ripple will be instantly delivered to your Cointree account.

Don't have an account? Click here to get started

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Common Ripple (XRP) Questions

We answer the most commonly asked questions about the Ripple network and how to buy XRP.

Where can I buy XRP?

The best place to buy XRP is on a crypto exchange like [Cointree](https://www.cointree.com/). A crypto exchange is much like a stock exchange or similar financial institutions, but is created for people to trade digital currencies on. Tens of thousands of Australians choose to trade on Cointree. Along with our low fees and market depth, we have one of the most secure platforms of any cryptocurrency exchange. You can buy bitcoin, buy XRP, sell XRP and trade hundreds of [crypto assets](https://www.cointree.com/trade/cryptocurrencies/) with confidence. We take security seriously and our state-of-the-art Fund Protection Features will help keep your account secure. Furthermore, as an Australian crypto exchange, we're regulated by AUSTRAC and provide bank-level encryption security to protect the funds on our platform. Your digital assets are protected on Cointree.

How can I buy XRP on Cointree?

It's easy to get started. All you need to do is create an account, verify your identity, deposit funds with a bank transfer or PayID. Then you're ready to buy Ripple and other digital currencies. You can choose from a variety of payment methods to deposit AUD into your account. You can make a bank transfer or bank deposit using PayID from Australian banks. PayID is the most popular of the deposit methods as it makes instant deposits possible. You can also deposit funds using cash. Whether you're a beginner or an expert, you can get started in minutes and buy Ripple in only a few clicks. You'll get access to our low fees and free multi-coin wallet on our trading platform. Buying XRP has never been easier.

Where can I keep my XRP?

Most people who buy the XRP currency on Australian crypto exchanges keep their coins on the exchange. At Cointree, you can store your coins in your free multi-coin wallet. With your free multi-coin wallet, it's easy to store every digital asset your purchase. Whether you buy bitcoin or make a cash deposit, you can quickly get an overview of your portfolio by checking your crypto wallet. Plus, you can get an overview of your XRP investment in your account dashboard.

What is the XRP token?

XRP is the native digital asset of the Ripple network, RippleNet. It was created to make it easy for banks across the world to send each other money and settle transactions quickly. Without a blockchain-based system, it can take much longer and be more expensive to settle these transactions. XRP is a token that is used by the XRP ledger to help facilitate international currency exchange and remittances. These banks operate on the Ripple payment network using XRP. It helps them facilitate transactions as it is fast and cost-efficient for cross-border payments. It could make it possible for anyone to send money virtually anywhere in the world with only a low fee, much more powerful than a debit card. A payment system built on XRP could become many people's preferred payment method. Today, banks are using XRP to help them facilitate transactions on behalf of their customers. So if you purchase XRP, what can you do with it? There are many things you can do when you buy XRP. If you trade crypto, you can trade XRP on a crypto exchange like Cointree and take advantage of the low trading fees. Or you can hold it for the long term in XRP wallets on cryptocurrency exchanges or in self custody. You could even swap it to buy bitcoin on a cryptocurrency exchange. Some banks are buying XRP to access the Ripple network. The Ripple network is what makes it easy for banks to connect and transact with over 200 other banks and payment providers worldwide, such as American Express who are already using the XRP ledger to help process some transactions.

What is RippleNet?

RippleNet is a network for banks to send money to each other internationally. As different banks across the world have different standards and currencies, it can make it difficult for them to transact efficiently. RippleNet aims to solve this issue by creating a standardised protocol that lets banks in the network seamlessly transact with each other. As the number of global financial transactions continues to balloon, this can create bottlenecks for banks and slow them down from helping their customers send and receive money. Waiting times can have an especially large impact on people waiting to receive remittance payments, as it is often their primary income stream. [How long does it take to transfer money between banks](https://www.cointree.com/learn/bank-transfer-times/)? People are often surprised to hear that bank transfer times can take up to five days. In contrast, an international network of banks operating on XRP could operate with instant settlement. Instead of having to wait days or even a week, customers' international transactions could be processed in seconds. This vision is what gets some people to deposit funds and buy XRP on cryptocurrency exchanges. One advantage of the RippleNet system, much like many cryptocurrency assets, is the end-to-end visibility into deposit fees and the flow of XRP coins. Although, the primary reason that people buy XRP and consider it an important digital currency is that it helps lower the cost of international transactions. With the potential to help many people across the globe, some people seek our XRP exchanges and are buying XRP. On an exchange like Cointree, you can buy Ripple instantly with PayID and no need for a debit card. Moreover, there is a range of deposit methods to help you buy XRP Ripple with ease.

Why is Cointree the best place to buy Ripple in Australia?

Easy and convenient

Buy XRP with ease using Australian dollars thanks to our easy to use cryptocurrency exchange, low trading fees, and instant buy feature.

Fast and transparent

Buy XRP in an instant thanks to our instant buy feature and impressive market depth for XRP in Australia. You can sell XRP just as quickly.

Safe and secure

Buy XRP with confidence on one of the most secure and trusted crypto exchanges in Australia. We're regulated by AUSTRAC and provide bank-level encryption.

Made for you

With all of your favourite digital assets, it's easier to buy XRP on our exchange than it is to buy stocks from many traditional financial institutions.

What can you do with your Ripple?

Hold Ripple

Many investors choose to buy XRP and hold it as they believe the digital currency with outperform much of the market overall.

Trade Ripple

You can buy XRP and trade it instantly for any other digital currency on our platform. Swap to bitcoin, Ethereum or other digital assets in only a few clicks.

Send Ripple

After buying XRP, you can send it to an external XRP wallet for self custody. When you buy XRP, you can send it quickly on the high-speed network.

Spend Ripple

Some people are buying Ripple to spend in the economy, whether through an online website or in-store.

Learn About Ripple

Visit our [learning hub](/learn/) and discover why people are buying XRP and how it could affect the future of payments in Australia and across the globe.

Pay Bills With Ripple

You can pay your bills with BPAY using XRP Ripple or any other of the digital currencies listed on our exchange.

Buy XRP in minutes

Start buying XRP with as little as AUD $25 today.