Can't see your currency? View all 29 currencies you can buy
First, you have to complete Advanced Verification on the Nexo platform which only takes a couple of minutes. Once you pass verification, then:
Your XRP assets are kept in BitGo bank-grade cold storage and carry $375M in insurance protections. Our partners’ hardware and software guarantees allow for instant access to your funds and full independence from third-party providers.
Unlike Bitcoin, the XRP ledger does not require mining. That's why a total of 100 billion XRPs were premined and launched in 2013. Today, over 46 billion of the total XRP supply is in circulation.
Another interesting fact about the Ripple ecosystem is that in addition to XRP, it is possible to transact with other fiat currencies on the network.
If you want to exchange your XRP, you can swap instantly via the Nexo Exchange. Click here to find all the market pairs we currently support.
There are zero price fluctuations when you place an order, compared to other providers where the price might change by up to 5%. Your balances are updated immediately the moment your order is confirmed.
Here’s everything you can do with your Nexo account: