Where can you buy XRP?

You can buy XRP on most centralized exchanges. Some of these include Binance, Bybit, Coinbase, Kraken, and OKX. Many of these platforms have geographical restrictions on who they can serve, so do your research before signing up.

XRP is the native token of the XRP Ledger (XRPL). It was created by Ripple Labs. XRP was originally named OpenCoin but rebranded in 2013.

What does XRP actually do?

XRP was initially created to be integrated with banking and financial institutions as a payments system. This would be facilitated by RippleNet. Although this use case never took off, it eventually became a medium for peer-to-peer payments.

Is it legal to buy XRP in the U.S.?

Yes, it is legal to buy XRP in the U.S. Although the status of XRP was tied up in a SEC lawsuit and dropped from many exchanges, U.S. users were not restricted from purchasing it. Following the conclusion of the lawsuit, many U.S. exchanges began to relist XRP.