Cheapest exchange to buy XRP

Last updated: July 2026

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

#ExchangeMakerTaker
1Bitfinex logoBitfinex0.000%0.000%
2MEXC logoMEXC0.000%0.050%Open account
3BitMEX logoBitMEX0.050%0.050%
4Hyperliquid logoHyperliquid0.040%0.070%Open account
5Binance logoBinance (BNB discount)0.100%0.100%Open account
6Bybit logoBybit0.100%0.100%Open account
7OKX logoOKX (OKB discount)0.080%0.100%Open account
8Bitget logoBitget (BGB discount)0.100%0.100%
9KuCoin logoKuCoin (KCS discount)0.100%0.100%
10BingX logoBingX0.100%0.100%
11WhiteBIT logoWhiteBIT (WBT discount)0.100%0.100%
12Phemex logoPhemex0.100%0.100%
13Backpack logoBackpack0.080%0.100%
14Gate.io logoGate.io (GT discount)0.200%0.200%Open account
15HTX logoHTX (HT discount)0.200%0.200%
16CoinEx logoCoinEx (CET discount)0.200%0.200%
17BitMart logoBitMart (BMX discount)0.150%0.250%
18Kraken logoKraken0.250%0.400%
19Crypto.com logoCrypto.com0.250%0.500%
20Coinbase logoCoinbase0.400%0.600%

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 20 exchanges for your exact profile in seconds.

Compare XRP fees for how you trade →

FAQ

What is the cheapest exchange to buy XRP?

For XRP spot, the lowest base taker fees among the 20 venues FeeEdge tracks come from MEXC, Bitfinex and Backpack; Coinbase and Kraken sit higher. 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.

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