How to Buy XRP Using Trust Wallet
Discover the simple way to buy XRP (Ripple) with this step-by-step guide. Trust Wallet helps you buy, store, and even sell your digital assets securely.
If you’re wondering how to buy Ripple (XRP) in a way that’s simple, you’ve come to the right place. In this guide, we’ll show you how to buy XRP using Trust Wallet, a secure self-custody crypto wallet used by millions of people.
Buying XRP in the Trust Wallet mobile app is as easy as:
Selecting the Buy button from the main wallet page
Selecting XRP and choosing the amount you want to buy
Follow the remaining steps to complete your purchase
We’ll go into more detail on the process in this guide, but first, let's have a look at what Trust Wallet and XRP are.
Note: Although this guide focuses on buying XRP using Trust Wallet, you can also easily deposit XRP from a centralized exchange. This allows you to self-custody your assets and have full control. Check out the FAQ section of this guide for instructions.
What is Trust Wallet?
Trust Wallet is the simple-to-use, self-custody crypto wallet and gateway to Web3 for people who want to fully own, control, and leverage the power of their digital assets. From beginners to experienced users, Trust Wallet makes it simpler, safer, and convenient for millions of people around the world to experience Web3, store and manage their crypto and NFTs, buy, sell, and stake crypto to earn rewards, and access dApps securely—all in one place. Trust Wallet is available as a mobile app and also as the Trust Wallet Chrome Extension.
What is XRP?
XRP is a digital asset and native cryptocurrency developed by Ripple Labs Inc., a technology company specializing in the real-time gross settlement system, currency exchange, and remittance network referred to as RippleNet. The Ripple protocol is an open-source protocol which allows fast and low-cost international money transfers.
Unlike Bitcoin or Ethereum, XRP isn't created—or mined—over time by users. Instead, all 100 billion XRP tokens were minted at once when the network was established. Ripple Labs held a significant portion of these tokens, with the rest distributed to other entities. The primary function of XRP within Ripple's ecosystem is to act as a bridge currency for transferring value between different fiat currencies. The utility of XRP lies in its ability to facilitate instant, cross-border transactions, which can be executed more swiftly and cheaply than with traditional methods.
Before you get started
Before we dive into how to buy XRP using Trust Wallet, you’ll need to create a wallet if you don’t already have one. Trust Wallet is available as a mobile app or you can get the Trust Wallet Extension for your desktop web browser. In this example, we’ll set up a new wallet using the Trust Wallet Mobile App.
Step 1: Download the latest version of the Trust Wallet App.
Step 2: Set up your new wallet
Open the Trust Wallet app, and choose “Create a new wallet.”
Select an option to back up your wallet.
Once your wallet is set up, tap on “Start using Trust Wallet.”
Tip: If you already have a wallet that’s not Trust Wallet, you can choose to import that wallet. In this case, you’d choose the “I already have a wallet” option.
Step 3: Buy XRP using your Trust Wallet
Select the “Buy” button from the main wallet page.
Select XRP (if you don’t see it, you can use the search function).
Select the amount you want to buy, then select the “Next” button.
From there, it’s just a matter of following the simple instructions to complete your purchase. Once the purchase goes through, the XRP will automatically be stored in your Trust Wallet.
Frequently asked questions
Aside from buying XRP, can I also deposit and store XRP from a centralized exchange or another wallet?
Yes, you can easily deposit and store your XRP securely using Trust Wallet. Follow these steps:
Select the “Receive” button from the main wallet page.
Choose XRP from the list of assets. If needed, you can search for “XRP” to find it.
Copy your XRP deposit address and use that on your centralized exchange account.
Alternatively you can use the QR code, share option, or Deposit from exchange feature.
From there it’s just a matter of following your instructions to receive XRP in your wallet.
When I buy the XRP using Trust Wallet, where is it stored?
When you buy XRP directly using your Trust Wallet, it’s stored directly in your wallet. There’s no need to transfer your XRP from one address to another or do anything else – the crypto will be stored safely and automatically.
How do I check my XRP balance in Trust Wallet?
To check your XRP balance in the Trust Wallet app, simply open the app and view your current balance from the main wallet page.
How do I check the XRP price in Trust Wallet?
To check the XRP price in the Trust Wallet app, simply open it and view the price from the main wallet page. Alternatively, you can also select the XRP asset and tap on the chart symbol to view more detailed information on the XRP price.
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