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How to Sell Ripple XRP Quickly on Exchanges

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Ripple XRP bull run preparation guide.

Be prepared for the next XRP moon mission. Avoid the rush; Learn how to get registered, verified and cash out quickly on the most popular crypto exchanges.

Historically, when a Ripple XRP bull run occurs, crypto exchanges go down due to server overload. For instance, when Binance experienced server load balancing issues. They were forced to perform server upgrades to handle it.

Before that, in December of 2017 Bittrex had to turn off user registration to preserve their servers.

Crypto exchanges can’t predict the level of traffic they receive day-to-day. It’s important to keep your XRP safe and off exchanges. I personally use the Ledger Nano S for this. It’s easy to set up, secure and provides an easy to use interface for sending and receiving.

I wrote this list of the top Ripple XRP supported crypto exchanges to help you cash out fast. Increase your odds of being able to cash out your XRP by signing up to these 6 Ripple XRP supported crypto exchanges.

List of Exchanges to Cash Out Your Ripple XRP Fast

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Visit the Resources page for a full list of crypto exchange guides, walkthroughs, and Ripple XRP buying guides.

Uphold

One of the major benefits of using Uphold to cash out Ripple XRP is the ability to cash out directly to FIAT (USD, EUR, or GBP). Here’s how to send XRP to Uphold and convert to FIAT quickly and easily.

Uphold Bank Transfer Supported Countries

Currently, Uphold allows bank account funding and withdrawals in the following countries. There’s a flat $3.99 fee for bank withdrawals using ACH and SEPA.

  • Austria
  • Belgium
  • Bulgaria
  • Croatia
  • Cyprus
  • Czech Republic
  • Denmark
  • Estonia
  • Finland
  • France
  • Germany
  • Greece
  • Hungary
  • Iceland
  • Ireland
  • Italy
  • Latvia
  • Liechtenstein
  • Lithuania
  • Luxembourg
  • Malta
  • Monaco
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Romania
  • San Marino
  • Slovakia
  • Slovenia
  • Spain
  • Sweden
  • Switzerland
  • United States
  • United Kingdom

Create a Virtual XRP Card on Uphold

Here’s a guide on creating a virtual XRP card on the Uphold app if you’re using your phone. 

Start by visiting the Uphold website and logging in to your account. After logging in, you’ll be directed to your Dashboard page shown below. Your dashboard lists all of your virtual cards on Uphold.

Uphold website account settings header link.

If you don’t have a virtual XRP card on Uphold, click the “Add card/currency” button above the card area. Next, a form will pop up asking you to name the card and select the currency. Name the card whatever you wish and select “XRP” from the currency box.

Once you have your virtual XRP card added, select it from your list of cards. As seen below on the card page, click “Add Funds” in the upper right-hand corner.

Once you’re on the XRP card funding page, select “with Cryptocurrency or Utility Token” from the list of options. You will get a range of cryptocurrencies and utility tokens to choose from.

Select “XRP (XRP” from the list. Following, Uphold will give you a Ripple XRP wallet address and destination tag to send your XRP to.

After your XRP is sent to your virtual XRP card, you’ll be able to transfer your funds from that card to your virtual USD, EUR, or GBP card. Follow the steps for adding your XRP card to also create your virtual USD, EUR or GBP card.

Send XRP to Your USD, EUR, or GBP Virtual Card

In order to cash out your Ripple XRP on Uphold, you must first send your XRP to a virtual USD, EUR, or GBP card on their platform. To do this, go to your virtual XRP card and select the “Transfer between your Cards” option as seen below.

Now, select your USD, EUR, or GBP virtual card from the “Select or search for a card” drop-down. Enter the amount of XRP you wish to convert or check the “Use all available funds from this card” box.

Complete your XRP to USD conversion by clicking the “CONFIRM” button.

Complete Your Uphold Bank Transfer

Now that you have a virtual FIAT card full of funds from your XRP conversion, you’ll need to send it to your bank account. Do this by selecting your USD, EUR, or GBP virtual card from your Dashboard.

Then, select the “Send to Bank Account” option shown in the screenshot below.

From here, add or select the bank account you wish to send your funds to. Be sure to check the withdrawal fee before clicking the “CONFIRM” button to complete your bank transfer.

Keep in mind, Uphold has limits on bank withdrawals. For ACH withdrawals must be at least $50 and no more than $10,00 per day. For SEPA, withdrawals must be minimum €10 per day and €50,000 per day max.

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Binance Exchange

Binance was founded in September of 2017. As of January 2018, Binance is the largest crypto exchange with a BNB market capitalization of $1.3 billion.

For this reason, Binance may also be the best exchange for cashing out your Ripple XRP quickly.

According to coingecko.com Binance get the highest volume of users at 17.6% at the time of writing this. While Bithumb gets the second highest volume of users at 12.2%. Next, Bitbank is the third highest volume of users at 10.8%. Leaving Huobi with the lowest volume of users at 10.1%.

Top 5 Ripple XRP exchanges to cash out on for the next Ripple XRP bull run.

Because Binance gets the highest volume of daily users, the exchange may be best suited to handle the next Ripple XRP bull run.

Binance Fees for Withdrawals

Binance requires a withdrawal of 22 XRP minimum and charges 0.25 XRP per withdrawal. Read my Binance registration and verification guide. This step-by-step guide will help you complete the registration and verification process.

How to Sell Ripple XRP on Binance

To begin, log in to your Binance account and go to the Deposits page. You can locate the Deposits page in the header menu under the “Funds” drop-down.

Now, you should be on the Binance Deposits page. Here, you can search for the currency you wish to deposit — such as “XRP”.

Select “XRP – Ripple” from the search box. Next, you’ll be taken to the Ripple XRP deposit confirmation form.

To clarify, this is confirming that you understand you must use your generated address and destination tag to send Ripple XRP to Binance.

Confirm by checking the “I understand that deposits without a Tag will be lost.” box. Then, click the “Continue Deposit” button to continue.

On the next page, you’ll be given an XRP Deposit Tag and XRP Deposit Address. Use this information when sending your XRP to the Binance exchange.

Once the XRP is deposited into your account, you’ll be able to trade it on the exchange. You may want to trade for a cryptocurrency supported by Coinbase, Uphold, or any exchange that allows crypto bank withdrawals. Right now, Coinbase is offering free crypto! Visit coinbase.com/earn to claim yours.

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Kraken Exchange

Kraken is a U.S based cryptocurrency exchange founded in February 2011. Kraken operates in the United States, Canada, the EU, and Japan.

Kraken’s XRP trading pairs

  • XRP/USD
  • XRP/EUR
  • XRP/CAD
  • XRP/JPY
  • XRP/XBT

Here’s a full list of supported trading pairs on Kraken.

Kraken Fees for Deposits

AugurREPFree
Bitcoin XBTFree
Bitcoin CashBCHFree
CardanoADAFree
DASHDASHFree
DogecoinXDGFree
EOSEOSFree
EtherETHSmall fee to move ETH into Kraken’s wallet
Ether ClassicETC Small fee to move ETC into Kraken’s wallet
GnosisGNOĞ0.004 address setup fee
IconomiICN0.5 ICN address setup fee
LitecoinLTCFree
MelonMLNM0.01 address setup fee
MoneroXMRFree
QtumQTUMFree
RippleXRPFree
Stellar LumensXLMFree
Tether USDUSDTFree
TezosXTZꜩ0.05 address setup fee + ꜩ0.05 deposit fee
ZcashZECFree

The Address Setup Fee is a one-time fee charged to the first deposit to a newly generated deposit address. Visit the Kraken Deposit Fees page or Kraken Fee Schedule page for information on fees.

If you haven’t registered yet, check out my Kraken sign up and verification guide. A step-by-step guide that will help you complete the signup and verification process.

How to Sell Ripple XRP on Kraken

Login to your Kraken account at kraken.com/login. Then visit the Kraken deposit page at kraken.com/u/funding/deposit. You’ll see a list of cryptocurrencies on the left sidebar.

Find Ripple (XRP) and click the link to get started depositing XRP. Then you’ll be taken to the Ripple XRP Deposit page as seen below.

Click the “Yes, I acknowledge” button to get started with the deposit process. The page will refresh, giving you the option to generate a new Ripple XRP address.

Now, click the “Generate New Address” button. You’ll be given a new deposit address and destination tag. Send your XRP to this address and destination tag.

Once your XRP is deposited to your Kraken account, you can trade it for USD or EUR currency. Get started by visiting the Kraken Trade page.

Start by going to the “New Order” tab and toggle to “Sell” mode. Your trade page by default is set to simple mode and currency pair XRP/EUR. Change this to Intermediate if you need to change the currency pair to XRP/USD.

Click the box to the right of the Buy/Sell toggle button to select your desired currency pairs. Ex: XRP/USD. Now, when you go back to simple mode, you’ll see USD instead of EUR.

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Poloniex Exchange

Poloniex is a U.S based exchange founded in January 2014.

Poloniex Fees

Poloniex does not charge fees for deposits or withdrawals. Visit the Poloniex Fee Schedule page for more information.

Check out my Poloniex signup and verification guide. It’s a step-by-step guide that will help you complete the signup and verification process.

Using Poloniex to Cash Out Your Ripple XRP

In order to cash out, you must first deposit your XRP onto the Poloniex exchange. Start by logging in to your account and visiting the Poloniex Balances page.

On the Balances page, search for “XRP” and click the “Deposit” link as seen below.

After, you’ll be given a notice regarding the XRP wallet reserve. This is letting you know that a minimum of 20 XRP must remain in the wallet once transferred. Read more about the 20 XRP reserve requirement.

Click the “Deposit Address” link in the bottom of the message to continue.

Now, Poloniex will display your XRP deposit address. Optionally, you can click the “Show QR Code” link below it to display a scannable QR code address.

Keep in mind, you don’t need a destination tag to deposit your XRP to this address. Once you deposit XRP to your account you can trade it in the exchange.

How to sell #Ripple #XRP on #Poloniex Click To Tweet

Bitstamp

Bitstamp is a cryptocurrency exchange based in Luxembourg. This exchange allows trading between USD, EUR, and cryptocurrencies.

Supported Deposit Currencies

  • USD
  • EUR
  • Bitcoin
  • Litecoin
  • Ethereum
  • XRP
  • Bitcoin Cash

Bitstamp Fees

Bitcoin
Transaction typeFee
DepositFree of charge
WithdrawalFree of charge
Withdrawal using BitGo Instant0.1%
Ripple IOU

0.20% fee for IOUs transferred between accounts.

Ripple XRP
Transaction typeFee
DepositFree of charge
WithdrawalFree of charge
Litecoin
Transaction typeFee
DepositFree of charge
WithdrawalFree of charge
Ethereum
Transaction typeFee
DepositFree of charge
WithdrawalFree of charge
Bitcoin Cash
Transaction typeFee
DepositFree of charge
WithdrawalFree of charge

Visit the Bitstamp Fee Schedule page for more information.

ead my step-by-step Bitstamp registration and verification guide. It will help you complete the registration and verification process quickly.

How to Sell Ripple XRP on Bitstamp

First, log in to your Bitstamp account at bitstamp.net. Once you’re logged in, you can click the “Deposit” link in the header menu.

On your Deposit page you’re given a left sidebar with different currencies. As seen below, select the “Ripple (XRP)” item to begin.

You’ll then receive a popup warning message. This message is ensuring you enter your Bitstamp XRP address and destination tag when sending.

Check the “I have read the warning” box and click the “I AGREE” button to continue. Finally, you’ll be given your XRP address and destination tag.

Once your XRP is deposited to your account, you can trade on the Bitstamp exchange.

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Conclusion

In this guide, you learned how to sell Ripple XRP on 6 popular exchanges. By using this guide, your chances of cashing out in the next bull run is almost guaranteed.

I also wrote step-by-step registration and verification guides for each exchange listed. By using these guides to increase each account’s security and deposit/withdrawal limits.

Has this guide helped you? If you could give an XRP HODLer any advice for the next bull run, what would it be?

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Visit the Resources page for more exchange guides, XRP guides, and useful tools.