If you’re looking at getting into the cryptocurrency game and aren’t too sure about the bigger coins like Ether or Bitcoin, then the altcoins might be the better and slower moving option for you.
There are a tonne of smaller coins to choose from and whether it be XRP, there is a fairly easy way to invest in these currencies in Australia.
Cryptocurrency Crash Course
Before we start on how to buy XRP in Australia, you’ll want to follow the same process as investing in any other digital asset.
As you’d expect, you can’t find cryptocurrencies on general exchanges, so you’ll need to find a cryptocurrency exchange that you like (we’ve chosen a good one below) and move to deposit AUD into your account for investment.
Once you deposit funds to your currency exchange you’ll be able to begin investing in XRP, along with other coins and even fiat currency depending on the exchange you’ve chosen.
In this article, we’ve chosen a crypto exchange that is ultra-simple and fast becoming a fan favourite across the globe; Swyftx. We’ll be taking a look at how to buy XRP with this exchange.
That said, continue reading for some more information on choosing a trading platform and how to trade XRP.
Getting Started with Swyftx
For all traders, beginner and expert, there’s a good chance you’ve already heard about Swyftx and all of its great features. It is one of the best trading platforms in Australia for cryptocurrency and pairs a great suite of trading tools with low fees and a buy/sell experience that’s far smoother than most other platforms. It is one of the best places to buy XRP in Australia in 2021.
There are all of the top payment providers and methods included here, except credit cards and debit cards.
In all, Swyftx is the ultimate cryptocurrency trading platform to get started with.