Cryptocurrencies are unregulated in the UK. Cryptocurrency profits may be subject to Capital Gains Tax. The value of investments is variable and can go down as well as up.

Ripple

XRP
Currency_XRP_7877ac94de.svg
£0.000GBP
XRP price calculator
GBP
XRP
Buy XRP

Overview

#3Popularity
CurrencyAsset type
2012Active since

What is Ripple?

Ripple was created back in 2012 as a purpose-built international payment protocol.

One of Bitcoin’s greatest strengths is the ability to conduct frictionless and truly global transactions. Ripple Labs took that and made it Ripple’s primary focus.

The Ripple network uses an innovative multi-currency liquidity pool – denominated in the native XRP token – to allow clients to convert significant sums of money from one currency to another instantly and with almost zero fees. The more valuable the XRP in the liquidity pool, the greater the value that can be transferred.

The transactions are verified by a global network of independent nodes using a system known as Proof-of-Correctness, which allows thousands of transactions per second with the same energy intensity as sending an email.

Ripple is a private company that was one of the first to design a blockchain that they owned and had control over. Rather than new XRP being issued over time, the entire 100 billion token supply was minted on day one and is being distributed over time by the company.

While this runs counter to crypto’s vision of decentralised networks with no real owners, private ownership allowed Ripple to develop their tech quickly and build an extensive corporate customer base. It has also led to repeated run-ins with America’s SEC over the question of whether XRP tokens were an illegal security.

image_logo_visa@1280w.png
mastercard_pay_mark_0350ee9c9b.svg
Buy Ripple instantly with cardDon’t get caught waiting for bank deposits to clear. With CoinJar Instant Buy you can use your Visa or Mastercard to buy crypto in seconds.

How to buy Ripple with CoinJar

Start your cryptocurrency portfolio with CoinJar by following these simple steps.
Step oneDownload the appGet the CoinJar app on iOS or Android.
Step twoCreate an accountSign up and verify your ID – it only takes a couple of minutes.
Step threeMake a purchaseBuy more than 50 cryptos using cash or card.
Get the CoinJar app
App store
App Store Rating - Apple
App store
App Store Rating - Google
AppReviews logo
Great
Trustpilot ratings 4 star
TrustScore 4.2 |Trustpilot
CoinJar AppAll-in-one crypto wallet
Buy, sell, send and even spend your crypto with the UK's favourite cryptocurrency app.Get the CoinJar app
promo_sign-up-cta_GB@1920w (1).png
promo_coinjar-exchange_GB@1920w.png
CoinJar ExchangeTrade with the best
With one of the fastest matching engines in the world, CoinJar Exchange is purpose-built for institutions, market makers and professional traders. Features global liquidity, ultra-thin spreads and a high-performance interface.Explore CoinJar Exchange
App storeApp store

CoinJar’s Digital Currency and Exchange Services are operated by CoinJar UK Limited, a private limited company registered in England and Wales (company number 8905988). CoinJar UK Limited is registered in the UK by the Financial Conduct Authority as a Cryptoasset Exchange Provider and Custodian Wallet Provider in the United Kingdom under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, as amended (Firm Reference No. 928767).

Like all investments, cryptoassets carry risk. Due to the potential volatility of the cryptoasset markets, the value of your investments may fall significantly and lead to total loss. Cryptoassets are complex and are unregulated in the UK, and you are unable to access the Financial Service Compensation Scheme or the Financial Ombudsman Service. We use third party banking, safekeeping and payment providers, and the failure of any of these providers could also lead to a loss of your assets. We recommend you obtain financial advice before making a decision to use your credit card to purchase cryptoassets or to invest in cryptoassets. Capital Gains Tax may be payable on profits.

Mastercard® is a registered trademark, and the two circle design is a registered trademark of Mastercard International Incorporated. The CoinJar Card Prepaid Mastercard is issued by EML Money DAC pursuant to licence by Mastercard International Inc. The e-money associated with your card is issued by EML Money DAC, authorised by the Central Bank of Ireland under the European Union (Payment Services) Regulations 2018 (Ref C95957).

This material is general information only and does not consider your objectives, financial situation or needs and you should consider if CoinJar Card is right for you. We recommend you consider the CoinJar Card Terms and Conditions before making any decision to acquire the product.

Apple Pay is a trademark of Apple Inc., registered in the U.S. and other countries. Google Pay is a trademark of Google LLC.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.