Pay with XRP

An exchange is used to purchase or sell crypto. Here’s a comparison of four common exchanges: Coinbase, Uphold, Kraken, and BitPay for buying and selling XRP, focusing on fees and ease of use:

Availability of XRP Trading

Coinbase
Currently, Coinbase does not support buying or selling XRP for any users due to a suspension following regulatory issues with the SEC.

Uphold
Uphold supports XRP trading for all users, including those in the USA.

Kraken
Kraken allows XRP trading for non-US users but has suspended it for US residents due to regulatory restrictions.

BitPay
BitPay is primarily focused on Bitcoin transactions and does not support buying or selling XRP.

Note: Since location impacts availability (especially for US residents), I’ll assume you might be in the USA unless specified otherwise, but I’ll also cover non-US options for completeness.

Fees Comparison

Here’s how the fees stack up for platforms that support XRP.

Uphold (USA users)
Spread: Approximately 0.65% to 1.5% per transaction, depending on market conditions. Withdrawal Fee: 2.99 XRP to transfer XRP to an external wallet. No additional fees for debit card purchases, but the spread is the main cost factor.

Kraken (for non-US users only)
Maker-Taker Fees: Maker fee: 0.16% (if you add liquidity to the order book). Taker fee: 0.26% (if you take liquidity from the order book). Instant Buy Fee: 1.5% for simpler purchases, which is higher than the maker-taker model. Withdrawal fees vary but are typically lower than Uphold’s 2.99 XRP.

Coinbase
Not applicable (XRP trading unavailable). BitPay: Not applicable (XRP trading unavailable). Fee Summary:

For US residents, Uphold is the only option, with fees ranging from 0.65% to 1.5% spread + 2.99 XRP withdrawal.

For non-US users, Kraken offers the lowest fees at 0.16% to 0.26% using the maker-taker model, significantly cheaper than Uphold’s spread.

Ease of Use Comparison

Uphold Known for its user-friendly interface, ideal for beginners. Features a one-step trading process, allowing direct trades between assets without complex steps. It offers a free, simple mobile app for easy access.

Kraken (for non-US users)
Interface is more advanced, with detailed charting tools and order types (e.g., limit orders). Better suited for experienced traders; may feel overwhelming for beginners. Still offers a mobile app, but the focus is on functionality over simplicity.

Coinbase
While known for its beginner-friendly design, it’s irrelevant here since XRP isn’t supported.

BitPay
Focused on payment processing, not trading, so it’s not user-friendly for buying/selling XRP.

Summary Of Exchanges

For US Residents

Best Option: Uphold Why: It’s the only platform among the four that supports XRP trading in the USA. Fees: Spread of 0.65% to 1.5% + 2.99 XRP withdrawal—not the lowest possible, but your only choice here. Ease of Use: Highly user-friendly, making it great for beginners or anyone prioritizing simplicity.

Best for Lower Fees: Kraken
Why: Offers 0.16% to 0.26% maker-taker fees, the lowest among the options. Ease of Use: Less beginner-friendly due to its advanced interface, but manageable with some experience.

Best for Ease of Use: Uphold
Why: Simpler interface, though fees (0.65% to 1.5%) are higher than Kraken’s. Trade-off: You pay more for convenience.

Coinbase and BitPay
Neither is viable for XRP trading, regardless of location as of 01 March, 2025.

If you don’t own XRP yet, you can purchase it from a cryptocurrency exchange and send it to us. We’ve compared a few exchanges below to help you choose based on fees and ease of use:

Crypto Exchange Comparison

For Lower Fees Kraken – Trading fees: 0.16% (maker) or 0.26% (taker); Withdrawal fee: 0.02 XRP. Bitstamp – Trading fees: 0.10% to 0.25% (based on volume); Withdrawal fee: 0.0005 XRP.

For Ease of Use Uphold – Spread: ~1.5%; Withdrawal fee: 2.99 XRP. Great for beginners with a simple interface.

Step-by-Step Guide 1. Sign Up: Create an account on your chosen exchange (Kraken, Bitstamp, or Uphold).
2. Verify Your Account: Complete the identity verification process (this may take a few hours to a few days).
3. Deposit Funds: Add money via bank transfer, credit/debit card, or other methods.
4. Buy XRP: Use your funds to purchase XRP on the exchange.
5. Withdraw XRP to send to Steu's wallet.
A. Go to the "Withdraw" or "Send" section.
B. Enter Steu’s  XRP wallet address: (I will provide this address to you in ur discussion)
C. If required, include a destination tag:. Steu’s wallett does not require this tag.
D. Specify the amount of XRP to send.
E. Confirm the withdrawal.

Fee Comparison Kraken/Bitstamp: Lower trading fees (0.10%-0.26%) and tiny withdrawal fees (<0.02 XRP). Best for cost savings.
Uphold: Higher fees (1.5% spread + 2.99 XRP withdrawal), but simpler for newcomers.

You get flexibility to buy XRP from trusted platforms. Kraken or Bitstamp save you money, while Uphold is beginner-friendly.

Why We Accept XRP

XRP transactions settle in 3-5 seconds with fees under a penny, making it a win-win for speed and affordability.

New to XRP? Start with Uphold if you’re a beginner, or explore this XRP Beginner’s Guide for more info. Point of Sale (POS) Apps:

While traditional POS apps (like those for in-person card payments) aren’t common for XRP, CoinGate serves a similar purpose online. For private transactions, such as a direct wallet transfer, it works like a POS by letting EZ Web Company, Steu, request a specific XRP amount from your wallet.

FAQ

What about the best exchange?
Uphold is the only platform, currently, among the four that supports XRP trading in the USA.

Coinbase and BitPay: Neither is viable for XRP trading, regardless of location as of 01 March, 2025 due to regulation issues. Kranken is available to non-USA users.

Note: Cryptocurrency regulations can vary by state in the USA, so it’s a good idea to check the specific terms and availability of these platforms in your location.

What’s a destination tag?
It’s a unique code to identify your payment. Include it only if we’ve provided one.

How do I calculate the XRP amount?
Check CoinMarketCap to convert your payment (e.g., $100 USD) to XRP based on the current rate.

Can I pay with other cryptocurrencies?
Yes, via CoinGate you can pay with other coins, and we’ll receive XRP or fiat.

Call me today to discuss your project at (727) 370-0011. Steu Mann

This information about XRP and exchanges is all educational. I am not a financial advisor or giving advice.

My intention is that you learned something to benefit your business website operations and marketing. If this content was not helpful to you,  send me an email and tell me.

Steu Mann