How to Buy XRP (XRP) in Malaysia
Create an account, add ringgit, and buy XRP at the live rate.
Luno's been building crypto infrastructure since 2013, the same year XRP first became part of the conversation in Malaysia. Buying your first XRP here means a regulated platform, a live ringgit price you can trust, and a buying flow built to get you from sign-up to owning crypto in minutes, not hours.
XRP/MYR market stats
What you'll learn about XRP
Where and how to buy XRP, with clear, step-by-step instructions.
The live XRP price in ringgit, plus key stats: market cap, volume, and all-time high.
Where to go next if you're also curious about Bitcoin or ETH, Luno's other most-traded assets.
Buying XRP on Luno
1.
Create your account
Sign up with your email and verify your identity, a standard check for every regulated exchange.
2.
Add
ringgit
to your wallet
Deposit by bank transfer, or use a card if you'd rather not wait.
3.
Select Buy, then
Ripple
Open the Buy screen and choose XRP from Luno's list of supported crypto assets.
4.
Enter an amount
Type in a ringgit amount or a XRP amount, whichever's easier, the app converts it either way.
5.
Choose how to pay
Use the ringgit balance in your wallet, or pay directly with a linked card.
6.
Review, then confirm
Check the live rate and the exact transaction cost, once-off or as a repeat buy, then swipe to buy.
Why invest with Luno?
Proof of reserves
Verified monthly by Moore, on a 1:1 basis.
Since 2013
More than a decade building in crypto.
Trusted by millions
Millions of customers, globally.
Institutional-grade security
Cold storage via BitGo and Fireblocks, ISO 27001-certified.
SC registered
Registered by Malaysia's Securities Commission (SC) as a Recognized Market Operator since 2019. The Malaysian SC's authorisation of Luno is not an endorsement of its products or services.
Bitcoin is Shariah-compliant
Independently verified to align with Islamic finance principles, and certified by recognised Shariah authorities.
Explore more ways to buy crypto
Learn how to buy Bitcoin
The same step-by-step buying guide, plus the live BTC to ringgit rate.
Learn how to buy Ethereum
The same step-by-step buying guide, plus the live ETH to ringgit rate.
How to Buy XRP in Malaysia: FAQs
Is it legal to buy XRP in Malaysia?
Yes. Malaysia's Securities Commission (SC) regulates digital asset exchanges under its Recognized Market Operator framework, and buying, holding, and selling XRP is legal for Malaysian residents. It isn't recognised as legal tender.
Is my XRP safe with Luno?
Yes. All crypto held with Luno is verified monthly on a 1:1 basis by independent auditors, and stored in cold storage via BitGo and Fireblocks, both ISO 27001-certified.
Do I need to buy a whole XRP?
No. You can buy or convert any amount of XRP, down to a small fraction, so you can start with whatever amount suits you.
How much is 1 XRP in ringgit?
The XRP price in ringgit changes all the time, because it trades 24 hours a day and moves with global supply and demand. To see what one XRP is worth right now, check the live XRP to ringgit rate, or use the calculator above to work out any amount, in either ringgit or XRP.
Can I buy XRP with a debit or credit card?
Yes. You can buy XRP instantly with a debit or credit card. Exact fees depend on your payment method and are always shown before you confirm.
How do I deposit ringgit to buy XRP?
Deposit Ringgit by bank transfer from your Malaysian bank account, or buy directly with a card. Fees depend on your payment method and order type.
What fees does Luno charge to buy XRP?
Fees depend on your payment method and order type. Check the current fee schedule on Luno before placing an order.
How long does it take to buy XRP on Luno?
Buying XRP with a ringgit balance already in your wallet happens instantly at the live rate. Depositing first follows your bank's normal transfer time.
Can I sell my XRP back for ringgit?
Yes. You can sell XRP for ringgit at the live rate any time, then withdraw to your bank account whenever you're ready.
Do I pay tax on XRP profits in Malaysia?
Malaysia doesn't have a general capital gains tax, so profit from long-term XRP holding is generally not taxed. Frequent trading may be treated as business income by LHDN (Inland Revenue Board of Malaysia) instead. This isn't tax advice, so speak to LHDN or a registered tax practitioner about your specific situation.
Is XRP Shariah-compliant on Luno?
Yes. XRP is independently verified to align with Islamic finance principles and certified by recognised Shariah authorities, one of the Shariah-compliant crypto assets available on Luno in Malaysia. This isn't a religious ruling, so speak to a qualified Islamic finance scholar if you'd like guidance for your specific situation.