Cheapest exchange to buy XRP

XRP is one of the most liquid assets in crypto, so the bid/ask spread is tight on almost every major venue. That means the trading fee is the cost that actually separates exchanges. Here are the venues ranked by published spot taker fee, cheapest first.

Lowest XRP spot fees, ranked

#	Exchange	Maker	Taker
1	Bitfinex	0.000%	0.000%
2	Lighter	0.000%	0.000%	Open account
3	dYdX	0.000%	0.000%	Open account
4	Deribit	0.000%	0.000%	Open account
5	Toobit	0.000%	0.000%	Open account
6	Aster	0.005%	0.040%	Open account
7	MEXC	0.000%	0.050%	Open account
8	Hyperliquid	0.040%†	0.070%†	Open account
9	edgeX	0.040%†	0.070%†	Open account
10	Binance	0.100%	0.100%	Open account
11	Bybit	0.100%†	0.100%†	Open account
12	OKX	0.080%	0.100%	Open account
13	Gate.io	0.100%†	0.100%†	Open account
14	Bitget	0.100%†	0.100%†
15	KuCoin	0.100%	0.100%
16	BingX	0.100%†	0.100%†
17	WhiteBIT	0.100%	0.100%
18	Phemex	0.100%†	0.100%†
19	Backpack	0.080%	0.100%
20	BitMart	0.100%	0.100%
21	Bitunix	0.080%†	0.100%†	Open account
22	LBank	0.100%	0.100%	Open account
23	BloFin	0.100%	0.100%	Open account
24	WEEX	0.100%	0.100%	Open account
25	Deepcoin	0.100%	0.100%	Open account
26	CoinW	0.100%	0.100%	Open account
27	HTX	0.200%	0.200%
28	CoinEx	0.200%	0.200%
29	Crypto.com	0.250%†	0.500%†	Open account
30	Kraken	0.400%	0.800%
31	ApeX	0.900%*	0.900%*
32	Coinbase	0.600%	1.200%	Open account
n/a	BitMEXClosed	0.050%	0.050%	BitMEX is shutting down on 23 September 2026. New positions stop 26 August. Close positions and withdraw before then.

† Conditional VIP tiers are excluded from the volume-only estimate. Confirm your account eligibility.

* Omni Spot Swap: 0.9% swap fee plus gas, not an orderbook maker/taker schedule. Confirm availability in the app.

† VIP counts spot volume in full and ordinary USDT perpetual volume at 0.4 times notional. GT discount is only modeled for entry spot.

† VIP uses 14-day volume, estimated from 30-day volume assuming evenly distributed activity. Hyperliquid spot volume counts twice.

Published entry-tier spot rates; volume tiers and native-token discounts can lower these further.

Liquidity and spread

XRP trades with deep order books on the large venues, so slippage is rarely your main cost at retail size. On smaller exchanges the spread can widen, so the all in cost is fee plus spread, not the headline fee alone.

Do not forget the withdrawal fee

XRP withdrawals are cheap on chain, but many exchanges require a destination tag and charge a small fixed XRP fee that varies by venue. If you move XRP off exchange often, confirm both the tag requirement and the fee. See the hidden costs of crypto trading.

Find your cheapest venue for XRP

Your real cost depends on your volume and whether you place maker (limit) or taker (market) orders. FeeEdge ranks all 33 exchanges for your exact profile in seconds.

Compare XRP fees for how you trade →

FAQ

What is the cheapest exchange to buy XRP?

There is no single cheapest venue for XRP. It depends on your monthly volume, maker/taker mix, and any native-token discount. The published fee is usually the main cost on liquid majors. Check your profile in the FeeEdge calculator. Because XRP is highly liquid, the published fee is usually the main cost, but check your volume tier and any native-token discount in the calculator.

Do I need a destination tag to withdraw XRP?

On most exchanges, yes. XRP deposits and withdrawals often require a destination tag (also called a memo) to route funds to the right account. Sending without the tag when one is required can delay or lose funds, so always confirm before withdrawing.