XRP is one of the longest-running cryptocurrencies, with a focus on fast and low-cost international payments. In India, XRP has attracted interest from investors who follow its regulatory developments and underlying technology. This guide explains how to buy XRP in India safely and legally in 2026.
What is XRP?
XRP is the native digital asset of the XRP Ledger, a blockchain developed by Ripple Labs in 2012. Unlike Bitcoin and Ethereum, XRP was not designed primarily as a store of value or programmable platform. Its main focus is on enabling fast, low-cost cross-border payments.
Key facts about XRP:
- Transactions settle in 3 to 5 seconds
- Transaction fees are extremely low (fractions of a cent)
- Total supply is capped at 100 billion XRP
- Ripple Labs holds a significant portion of the total supply in escrow
XRP has also been at the centre of major legal proceedings in the United States, where the SEC filed a lawsuit against Ripple Labs in 2020. In 2023, a court ruled that programmatic sales of XRP on exchanges do not constitute securities transactions. This development had significant implications for XRP’s regulatory standing globally.
Is It Legal to Buy XRP in India?
Yes, buying XRP is legal in India. Like all cryptocurrencies, it is classified as a Virtual Digital Asset (VDA) and subject to India’s crypto tax rules.
- Gains from XRP are taxed at 30%
- A 1% TDS applies on qualifying transactions
- Losses cannot be offset against gains from other crypto assets
Consult a qualified tax professional for advice specific to your situation. Tax rules are subject to change.
What You Need Before Buying XRP in India
FIU-IND Registered Exchange
Choose a crypto exchange registered with the Financial Intelligence Unit, India. ZebPay is FIU-IND registered and supports XRP trading with INR, operating since 2014.
KYC Documents
PAN card, Aadhaar card, and selfie.
INR Funds
Deposit via UPI, NEFT, or IMPS on ZebPay.
How to Buy XRP on ZebPay: Step-by-Step
Step 1: Download the ZebPay App
Available on Android and iOS.
Step 2: Register and Complete KYC
Sign up, upload your KYC documents, and wait for verification (usually a few hours).
Step 3: Deposit INR
Go to Wallet, select INR Deposit, and transfer your investment amount.
Step 4: Search for XRP
Open the Markets section and search for XRP.
Step 5: Place Your Buy Order
Enter your desired amount and confirm via Quick Trade at the current market price.
Step 6: Check Your Portfolio
Your XRP will appear in your portfolio after the transaction completes.
XRP Price in India
XRP’s price in INR is linked to its global USD price and the current USD/INR exchange rate. Unlike stablecoins, XRP’s price is volatile and can move significantly based on global market conditions, news, and regulatory developments.
You can buy a fractional amount of XRP. There is no minimum holding of 1 XRP required. On ZebPay, you can start with ₹100.
Investing in XRP: Lump Sum vs SIP
If you are not sure about timing your XRP investment, consider ZebPay’s crypto SIP. Setting up a weekly or monthly SIP of ₹100 or more lets you build a position in XRP gradually through Rupee Cost Averaging, reducing the impact of short-term price swings.
Read more: What is Dollar Cost Averaging in Crypto?
Where to Store XRP
Exchange Wallet: Keep XRP in your ZebPay wallet for convenience.
External Wallet: For long-term storage, use a hardware wallet (Ledger supports XRP) or XUMM, a wallet designed specifically for the XRP Ledger.
When withdrawing XRP to an external wallet, note that the XRP Ledger requires a minimum reserve of 10 XRP in a wallet to activate it. This is a network requirement, not an exchange fee.
Risks of Buying XRP in India
Regulatory Risk: XRP’s legal status has been contested by the US SEC. While recent court rulings have been favourable, regulatory risks remain in various jurisdictions. India’s own crypto regulatory framework is still evolving.
Issuer Concentration: Ripple Labs holds a significant portion of the total XRP supply. Large releases from escrow can create selling pressure on the price.
Price Volatility: XRP has experienced dramatic price swings, including drops of over 70% during market downturns. Past performance does not guarantee future results.
Legal Developments: The ongoing legal situation between Ripple and regulators in various countries could still affect XRP’s trading and use.
Always conduct your own research before investing. Crypto markets are unpredictable and past trends do not guarantee future returns.
Frequently Asked Questions About Buying XRP in India
What is the minimum amount to buy XRP on ZebPay?
You can invest as little as ₹100. You do not need to buy a whole XRP. Always conduct your own research before investing.
Is XRP a good investment in India?
XRP has a well-established use case in cross-border payments and a large community. However, it carries regulatory and volatility risks. Past performance does not guarantee future results. This is not financial advice.
Do I pay tax on XRP gains in India?
Yes. XRP gains are taxed at 30%. A 1% TDS applies on qualifying transactions. Consult a qualified tax professional for advice specific to your situation.
Can I send XRP internationally from ZebPay?
XRP can be withdrawn to external wallets. For international transfers involving XRP, ensure you are compliant with India’s FEMA regulations and relevant cross-border transfer rules. Consult a professional if you are unsure.
What happened with the XRP vs SEC lawsuit?
In 2023, a US court ruled that programmatic sales of XRP on exchanges do not constitute securities transactions. The case involved other aspects that remained in dispute. For the latest status, refer to recent news sources.
How do I sell XRP on ZebPay?
Go to your Portfolio, select XRP, enter your sell amount, and confirm. INR proceeds will be credited to your wallet.
What is the XRP reserve requirement?
The XRP Ledger requires a minimum balance of 10 XRP to activate and maintain a wallet. This is built into the network protocol. Factor this in when setting up an external XRP wallet.
Final Thoughts
XRP is one of the most established cryptocurrencies by use case and transaction volume. Buying XRP in India is straightforward through ZebPay. Complete your KYC, deposit INR, and you can buy XRP within minutes.
XRP carries unique risks around its issuer relationship and regulatory history. Invest only what you can afford to lose and maintain records for your ITR filing.
Get started today and join 6 million+ registered users exploring crypto investing on ZebPay!
Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Each investor must do his/her own research or seek independent advice if necessary before initiating any transactions in crypto products and NFTs. The information in this article is for educational purposes only and does not constitute financial or investment advice.
