How to Buy XRP in Australia (2026 Guide)

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Check real-time quotes from Australian platforms. Compare fees, payment methods, and speed in one place.

Buying XRP in Australia is easy once you know where to start. This guide explains how to purchase XRP safely using local methods like PayID, POLi, bank transfer, and credit/debit cards — and how to compare fees, rates, and platforms to get the best XRP/AUD price.

How do I purchase XRP in Australia?

You can buy XRP in Australia through registered cryptocurrency exchanges, DEXs, or onramps that support Australian dollars. The process is simple: create an account, verify your identity, and fund it with a local payment method such as PayID, POLi, bank transfer, and credit/debit cards.

Once your AUD deposit clears, you can place a market order to buy instantly at the current XRP/AUD rate or a limit order to choose your own price. After purchase, you can store your XRP in a private wallet for security or keep it on a regulated exchange if you trade frequently.

Coinvela helps Australians compare live XRP/AUD prices, fees, and payment options across platforms so you can find the best rate and lowest total cost for your investment.

How to Buy XRP in Australia

Compare platforms

Check live XRP/AUD prices, fees, spreads, and payment methods across exchanges, DEXs, and onramps. Pick the option with the lowest total cost for your amount and preferred deposit method.

Create and verify your account

Open an account on your chosen platform and complete KYC. Have government ID and a selfie ready. Verification often completes in under 15 minutes on custodial platforms.

Deposit Australian dollars

Fund your account with PayID, POLi, BPAY, bank transfer, or debit/credit card. PayID is instant and usually free. BPAY takes 1-2 days. Cards are instant but usually higher cost (2-4%).

Place your order

Choose Market to buy now at the current rate, Limit to set your price, or set up Recurring buys (DCA) for automated purchases.

Secure your XRP

For long-term holding, move XRP to a private wallet. Hardware wallets provide stronger protection. Enable 2FA everywhere and store recovery phrases offline.

Different Ways to Buy XRP in Australia

Not all XRP purchases work the same way. Most exchanges in Australia let you choose between instant market buys, limit orders, or automated recurring purchases. Here's how they differ:

Method	How It Works	Best For	Example
Market (Spot) Order	Buy XRP instantly at the current XRP/AUD rate shown on the exchange.	Beginners who want XRP fast and don't mind small price fluctuations.	Buy $100 worth of XRP right now at the live rate.
Limit Order	Set your own price target and the exchange executes your order automatically once the market reaches it.	Active traders looking for a better entry point.	Place an order to buy XRP when it drops to $2.10 AUD.
Recurring Buy (DCA)	Set automatic daily, weekly, or monthly purchases. This is called Dollar-Cost Averaging (DCA).	Long-term investors who want to reduce the impact of short-term volatility.	Buy $100 of XRP every week through auto-buy.

Market (Spot) Order

How It Works

Buy XRP instantly at the current XRP/AUD rate shown on the exchange.

Best For

Beginners who want XRP fast and don't mind small price fluctuations.

Example

Buy $100 worth of XRP right now at the live rate.

Limit Order

How It Works

Set your own price target and the exchange executes your order automatically once the market reaches it.

Best For

Active traders looking for a better entry point.

Example

Place an order to buy XRP when it drops to $2.10 AUD.

Recurring Buy (DCA)

How It Works

Set automatic daily, weekly, or monthly purchases. This is called Dollar-Cost Averaging (DCA).

Best For

Long-term investors who want to reduce the impact of short-term volatility.

Example

Buy $100 of XRP every week through auto-buy.

Which Method Is Best?

Most beginners start with a market order because it's simple and fast. As you gain experience, you might use limit or recurring orders to optimize your price or automate your investing strategy.

You can use these order types on major exchanges like Kraken, Coinbase, and other platforms that support advanced order features.

Best Platforms to Buy XRP in Australia

Live XRP prices from Australian exchanges. Compare real-time rates, fees, and payment methods across all major platforms

Amount

$AUD

Crypto Platform

Payment Methods

Fees

XRP You’d Receive

No exchange data available

Best Payment Methods for XRP in Australia

PayID/Osko is the most popular method; compare options to find the best fit for your needs

Payment Method

Speed

Typical Fee

Limits

Loading payment methods...

Is XRP Legal in Australia?

Yes, XRP is legal in Australia. Cryptocurrency exchanges must register with AUSTRAC. XRP is legal in Australia and treated the same as other cryptocurrencies under AML/CTF regulations.

Most platforms require Know Your Customer (KYC) verification for deposits over $100 AUD. The Bank Secrecy Act requires reporting of transactions over $10,000 AUD.

Tax Treatment: XRP is treated as property by the ATO. Capital Gains Tax applies to profits, with a 50% discount for assets held longer than 12 months.

Major licensed exchanges in Australia that support XRP include Coinbase, Kraken, Binance, and Independent Reserve.

Best Wallets for XRP in Australia

Choose the right wallet for your needs and security level.

Hot wallets (software)

Great for everyday use and quick transfers. You control the private keys and can connect to apps easily.

Popular options include MetaMask, Trust Wallet, and Exodus. Best for small to medium balances. Cost is free or low. Simple to set up. Enable 2FA and keep backups of your recovery phrase.

Hardware wallets

Best for long-term storage and larger balances. Your private keys stay offline, which reduces the risk from hacks and malware.

Well-known devices include Ledger Nano X and Trezor Model T. Typical cost ranges from 9 to 9 USD. Setup takes a few minutes, and you should store the recovery phrase in a safe place.

How to Sell XRP in Australia

Complete step-by-step guide to selling XRP safely and getting cash in your account

Transfer to Exchange

Move your XRP from your wallet to a cryptocurrency exchange. Make sure to use the correct network and double-check the deposit address to avoid losing funds.

Wait for Confirmation

Most exchanges require 1-6 network confirmations before your XRP becomes available to trade. This typically takes 10-60 minutes depending on network congestion.

Place a Sell Order

Choose between a market order (instant sale at current price) or limit order (sell at your desired price). Advanced users can use limit orders to minimize slippage and get better rates.

Review Fees & Total

Check the trading fee (usually 0.2%-1.5%) and spread before confirming. The total amount you receive will be slightly less than the displayed price due to these costs.

Withdraw to Bank

Transfer your AUD to your Australian bank account. PayID and Osko transfers are instant and free for most amounts. BPAY and bank transfers take 1-2 business days but support larger amounts.