What is the current price of Ripple (XRP)?

The current price of Ripple (XRP) is 3.24808381076316 AUD, representing a -1.59 from the day prior.

Can I buy Ripple (XRP) on Coinstash?

Yes - you can easily buy and sell Ripple (XRP) on Coinstash. Simply login or sign up, to start buying Ripple (XRP) in minutes.

Where is the best place to buy Ripple (XRP) in Australia?

The best place to buy Ripple (XRP) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Ripple (XRP) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.

What is the daily trading volume of Ripple (XRP)?

The trading volume of Ripple (XRP) is 3.4B AUD in the last 24hrs, representing a -1.59 from the day prior.

How can I buy Ripple (XRP)?

Ripple (XRP) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.

What is the market cap of Ripple (XRP)?

The current market cap of Ripple (XRP) is 190.6B AUD.

Can I convert Ripple (XRP) to cash?

Yes - With Coinstash you can convert your Ripple (XRP) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.

How many Ripple (XRP) are there?

The current circulating supply of Ripple (XRP) is 58.4B.

Is Coinstash a safe place to buy Ripple (XRP) in Australia?

Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Ripple (XRP) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.

Buy Ripple (XRP)

What is Ripple (XRP)?

Ripple (XRP) is a digital asset designed for fast, low-cost international transactions. Unlike traditional banking systems that rely on slow, expensive intermediaries, XRP enables near-instant global payments using the XRP Ledger (XRPL)—a decentralised blockchain launched in 2012.

Why Is XRP Important?

People search for XRP to understand its role in modern finance, particularly in:

Enabling faster and more cost-effective cross-border transactions compared to traditional systems like SWIFT.
Exploring investment opportunities and assessing XRP’s long-term potential.
Understanding how banks and financial institutions utilise Ripple’s technology to improve liquidity and global payments.

How Does Ripple (XRP) Work?

XRP operates on the XRP Ledger (XRPL), a layer-1 blockchain built for efficiency and reliability. Unlike Bitcoin or Ethereum, XRPL does not use Proof of Work (PoW) or Proof of Stake (PoS). Instead, it relies on a unique consensus protocol where validators confirm transactions without mining.

Key Features of the XRP Ledger

Speed & Scalability – Finalises transactions in 4–5 seconds with a capacity of 1,500 transactions per second (TPS).
Low Fees – Costs fractions of a penny per transaction, making it ideal for cross-border payments.
Decentralised Exchange (DEX) – The built-in XRP DEX allows direct asset swaps without intermediaries.
Smart Contracts (EVM Sidechain) – XRPL is working on Ethereum-compatible smart contracts to expand its DeFi capabilities.

What Are the Use Cases for Ripple (XRP)?

XRP is not just a cryptocurrency—it powers real-world financial applications.

1. Cross-Border Payments

Problem: Traditional money transfers (SWIFT, wire transfers) take days and charge high fees.
XRP Solution: Instant transactions with near-zero costs.

Used by banks, remittance companies, and fintech firms, XRP facilitates liquidity on demand for seamless currency exchanges.

2. Liquidity Provider for Crypto Markets

XRP acts as a bridge asset between fiat and digital currencies, improving liquidity for traders and exchanges.

3. Central Bank Digital Currencies (CBDCs)

Governments are exploring CBDCs—digital versions of national currencies. Ripple collaborates with central banks (e.g., Montenegro) to develop CBDC frameworks on XRPL.

4. Tokenisation of Real-World Assets

Platforms like Archax are using XRP Ledger to tokenise traditional assets (e.g., stocks, bonds, real estate), making them more accessible and tradable on-chain.

What is the History of Ripple (XRP)?

Founded in 2012 by David Schwartz, Jed McCaleb, and Arthur Britto, the XRP Ledger (XRPL) was designed to improve financial transactions.

Key Milestones

2012 – XRP Ledger launched.
2014-2019 – Ripple partners with major financial firms, including American Express, MoneyGram, and Santander.
2020 – The XRPL Foundation is formed to drive adoption and decentralisation.
2020-2023 – XRP faces regulatory scrutiny, including a lawsuit from the U.S. SEC, but continues to expand globally.
2024+ – Ripple is actively working on CBDC solutions, real-world asset tokenisation, and enterprise blockchain adoption.