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 | 0.000% | 0.000% | ||
| 2 | 0.000% | 0.000% | Open account | |
| 3 | 0.000% | 0.000% | Open account | |
| 4 | 0.000% | 0.000% | Open account | |
| 5 | 0.000% | 0.000% | Open account | |
| 6 | 0.005% | 0.040% | Open account | |
| 7 | 0.000% | 0.050% | Open account | |
| 8 | 0.040% | 0.070% | Open account | |
| 9 | 0.040% | 0.070% | Open account | |
| 10 | 0.100% | 0.100% | Open account | |
| 11 | 0.100% | 0.100% | Open account | |
| 12 | 0.080% | 0.100% | Open account | |
| 13 | 0.100% | 0.100% | Open account | |
| 14 | 0.100% | 0.100% | ||
| 15 | 0.100% | 0.100% | ||
| 16 | 0.100% | 0.100% | ||
| 17 | 0.100% | 0.100% | ||
| 18 | 0.100% | 0.100% | ||
| 19 | 0.080% | 0.100% | ||
| 20 | 0.100% | 0.100% | ||
| 21 | 0.080% | 0.100% | Open account | |
| 22 | 0.100% | 0.100% | Open account | |
| 23 | 0.100% | 0.100% | Open account | |
| 24 | 0.100% | 0.100% | Open account | |
| 25 | 0.100% | 0.100% | Open account | |
| 26 | 0.100% | 0.100% | Open account | |
| 27 | 0.200% | 0.200% | ||
| 28 | 0.200% | 0.200% | ||
| 29 | 0.250% | 0.400% | ||
| 30 | 0.250% | 0.500% | Open account | |
| 31 | 0.500% | 0.500% | ||
| 32 | 0.600% | 1.200% | Open account | |
| n/a | 0.050% | 0.050% | BitMEX is shutting down on 23 September 2026. New positions stop 26 August. Close positions and withdraw before then. |
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?
For XRP spot, the lowest base taker fees among the 33 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.