How to Buy XRP in India?

Simple Steps to Buy XRP in India Without Any Confusion
How to Buy XRP in India?
Written By:
Samradni
Published on

Key Takeaways

  • Choose a Registered Exchange: Use FIU-registered platforms like CoinSwitch or WazirX to buy XRP with INR, starting at ₹100, after completing KYC verification

  • Secure Payment Methods: Fund accounts via UPI, bank transfers, or cards on exchanges like Flitpay, ensuring cybersecurity with two-factor authentication during transactions

  • Store Safely: Transfer XRP to a secure wallet like Ledger or Trust Wallet post-purchase to protect against exchange hacks and maintain control

Ripple is one of the most well-known cryptocurrencies available on the market today. Many people in India are investing in it these days. However, there are still questions about how to start. This guide will help one understand how to buy XRP in India in the easiest way possible.

What Is XRP?

XRP is a cryptocurrency associated with Ripple. They are used to facilitate quick cross-border transactions without incurring significant expenses. Ripple is not just a coin. Several large institutions, including banks and other financial companies, utilize Ripple.

  • XRP ranks among the top 10 cryptocurrencies globally.

  • It has a fast transaction time of around 3-5 seconds.

  • Over 100 financial institutions globally use Ripple.

Is It Legal to Buy XRP in India?

It is indeed legal to purchase and sell XRP trading platforms coins in India as they are not banned in the country by the financial authorities. However, each move has its corresponding rules that both players must follow. The central legislatures of the ACT Parliament allow the trading of cryptocurrencies. However, the income from them is liable for a tax of 30%.

Hence, investors must consider the profit and the losses incurred throughout the investment. It is also necessary to work with trusted sources and platforms to avoid dealing with recycled papers and disappointment.

Step-by-Step Guide to Buy XRP in India

Here are some of the steps to buy Ripple in India: 

Choose a Reliable Crypto Exchange

The first process is choosing a platform where one will be trading. There are a few reputable trading platforms for XRP based in India, and they are:

These exchanges follow strict security protocols and support INR deposits.

Complete KYC Verification

Verification of users is mandatory when undertaking any application on the trading platform. Most exchanges require:

  • Aadhar Card

  • PAN Card

  • Bank details

  • A selfie for identity proof

The KYC process, however, is brief and only takes a short time. It typically takes between 10 and 15 minutes on most platforms.

Add Funds to Wallet

Once verified, users can add INR to their crypto wallet. This can be done via:

  • UPI

  • Net Banking

  • IMPS/NEFT

  • Debit/Credit cards (in some cases)

First-time investors are advised to start with a small amount. 

Buy XRP

Now, search for XRP on the exchange. Enter the amount one wishes to buy. Review the price and fees. Hit ‘Buy’ to complete the transaction. The XRP will be deposited into the crypto wallet.

Things to Know Before Investing in XRP

  • Price of XRP as of April 2025: ₹48 (subject to market changes)

  • Daily trading volume globally: Over $1 billion

  • Top holders: Institutional investors and crypto funds

Storing XRP Safely

After buying XRP Crypto India, users can either:

  • Keep it in the exchange wallet.

  • Transfer it to a personal cryptocurrency wallet, such as Ledger or Trust Wallet.

For long-term holding, a hardware wallet is safer.

Final Tips for XRP Investors

  • Always start small. Crypto prices are volatile.

  • Follow the news around Ripple’s legal case in the US. It can impact prices.

  • Research the market thoroughly before making a significant investment.

  • Never share the wallet passwords or one-time passwords (OTPs).

Conclusion

How to buy XRP in India? It’s more straightforward than it sounds. Some of the requirements that need to be met include selecting a suitable platform, verifying ID, funding the wallet, and clicking the 'Buy' tab. Ripple has high potential for use in many areas and is widely accepted internationally.

Invest in XRP India wisely, trade securely, and stay updated on the latest trends in the crypto world.

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