XRP with NZD
Buy XRP in New Zealand.
XRP is the native asset of the XRP Ledger, commonly used to move value quickly between wallets and platforms. Buy XRP with NZD through Flow and receive it on the XRP Ledger. If your receiving account uses a destination tag, include it exactly as shown.
Buying XRP means buying the XRP Ledger’s asset
XRP is the native asset of the XRP Ledger, a network designed for transferring value. It is different from shares in Ripple, the company associated with the ecosystem. In Flow’s asset selector, look for the XRP ticker; the asset may be labelled Ripple.
Flow delivers purchased XRP to the compatible receiving wallet you specify. Your order is quoted in NZD, so you can review the XRP amount before committing to the purchase.
What people use XRP for
XRP is mainly used to transfer value on the XRP Ledger, where transactions typically settle in seconds. People use it to move funds between exchanges and wallets, to pay ledger transaction costs and to meet the reserve the ledger requires for every account.
Some XRP Ledger features, such as its built-in exchange and token trust lines, also rely on XRP. Buying XRP through Flow delivers the coin to your account; any use beyond holding it is a separate step in your own wallet.
An XRP address and a destination tag do different jobs
A classic XRP Ledger address starts with r. Some receiving services use a shared address and a separate destination tag to identify the customer. The address identifies the ledger account; the tag identifies the recipient within that service.
Use the exact details on the receiving wallet’s deposit screen. If a tag is required, include it in the order’s destination-tag field. Do not guess a tag or omit one because the address looks correct. If the receiving format is unclear, contact support before paying.
Check the receiving account’s requirements
XRP Ledger accounts have reserve requirements. A wallet may distinguish its total XRP balance from the amount available to spend. Check the wallet’s current account guidance, especially when funding a new account for the first time.
An exchange receiving account can also have its own deposit minimum and crediting checks. Use a receiving account you control, compare its XRP Ledger instructions with the Flow order, and retain the order reference if you need help following delivery.
Learn more from the XRP Ledger documentation.
NZD to your wallet
How to buy XRP through Flow
- 01
Create and verify
Register, confirm your email and complete your profile and the identity checks requested in your dashboard.
- 02
Choose XRP and pay
Open Buy / Sell, choose Buy and select XRP. Enter your NZD amount, check your receiving details and review the quote. Use only the payment methods shown for that order.
- 03
Follow the delivery
Pay from an account in your verified name using the exact amount and reference. Delivery follows confirmed payment, trade execution and any required checks. Track progress in your order activity.
Bank processing, required checks, provider availability and blockchain congestion can affect delivery. An order can show manual bank deposit, POLi or Akahu Open Banking; use the methods currently displayed. Payment guidance · Understand your order status
Practical example
Check the tag before buying XRP
An illustrative walkthrough. Your order displays the current amount, quote and available networks.
- Open the XRP receive screen. Note the XRP Ledger address and whether that specific account requires a destination tag.
- Choose XRP in Flow and enter your NZD amount. Copy the address and, when required, the tag into their separate fields. Compare both values with the receiving instructions before confirming.
- Pay using your order’s bank details and reference. Follow the order activity, then check the receiving account. If a transfer appears on the ledger but a service has not credited it, keep the transaction reference and ask for help before sending anything again.
Questions about buying XRP
How much does it cost to buy XRP in NZ?
Flow charges a 0.79% trading fee, including GST, on each XRP buy, with an NZ$50 minimum. Your quote shows the live XRP/NZD rate and the estimated network cost. If the receiving account is new, the XRP Ledger reserve is a requirement of the ledger, not a Flow fee.
Does every XRP wallet need a destination tag?
No. Tags are commonly used by services that share a ledger address between customers. Follow the instructions for your exact receiving account; a tag required by that account must be included.
Is buying XRP the same as investing in Ripple shares?
No. XRP is a cryptoasset on the XRP Ledger. Buying it does not give you shares in Ripple or ownership of the company.
Planning to sell for NZD later?
Check the assets and networks currently offered under Sell before making a deposit. Our guide to selling crypto in NZ explains crypto deposits and payouts to your own verified NZD bank account.
By Flow Crypto Team. Updated . Read our risk disclosure before buying.