What do you need to know before buying XRP currencyTo exchange fiat money for XRP (Ripple) you have to follow the rules below. These rules will ensure that you get to buy cryptocurrency with a credit card easy and fast.
When implementing the function of buying Ripple, we use the services of payment providers. Depending on the provider, some of the steps in the buying process may differ. The payment providers we work with are Simplex and Moonpay. If you use the widget above to buy Ripple, Simplex will be the default provider. If you prefer to buy Ripple in the wallet, via web version or mobile multicurrency wallet / Crypto wallet version, you can choose between Simplex and Moonpay. For the dedicated Ripple wallet, the default provider is Simplex.
Below you can see the practical differences between Simplex and Moonpay
|Freewallet + Simplex||Freewallet + Moonpay|
|Commonly used cards||Accepts most credit and debit cards issued by VISA and MasterCard, as well as some virtual and prepaid cards. Please note that in some cases banks may decline transfers due to internal rules.|
|Limits||20000 USD per day, 50000 USD per month. The minimum amount is $50||Limits depend on the account level. You can read more here|
|Fees||The overall fee for transactions is 8%, minimum $1|
|Verification||3 different levels of verification. You can read more here|
|Geography||We support 36 FATF member countries including the USA, UK, Germany, France, Russia.The service is not available in Algeria, Bangladesh, Bolivia, Cambodia, China, Ecuador, Jordan, Kyrgyzstan, Macedonia, Nepal, Nigeria, Taiwan, Thailand.|