How to Buy XRP (XRP) in Nigeria
Create an account, add naira, 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 Nigeria. Buying your first XRP here means a regulated platform, a live naira price you can trust, and a buying flow built to get you from sign-up to owning crypto in minutes, not hours.
XRP/NGN 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 naira, 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
naira
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 naira amount or a XRP amount, whichever's easier, the app converts it either way.
5.
Choose how to pay
Use the naira 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.
Explore more ways to buy crypto
Learn how to buy Bitcoin
The same step-by-step buying guide, plus the live BTC to naira rate.
Learn how to buy Ethereum
The same step-by-step buying guide, plus the live ETH to naira rate.
How to Buy XRP in Nigeria: FAQs
Is it legal to buy XRP in Nigeria?
Yes. Nigeria's Investments and Securities Act (ISA) 2025 classifies digital assets as securities, regulated by the Securities and Exchange Commission (SEC), and buying, holding, and selling XRP is legal for Nigerian residents. It isn't recognised as legal tender for everyday payments.
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 naira?
The XRP price in naira 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 naira rate, or use the calculator above to work out any amount, in either naira 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 naira to buy XRP?
Deposit Naira by bank transfer from your Nigerian 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 naira 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 naira?
Yes. You can sell XRP for naira at the live rate any time, then withdraw to your bank account whenever you're ready.
Do I pay tax on XRP profits in Nigeria?
Yes. Nigeria's Tax Administration Act (NTAA) 2025 brought crypto assets into the personal income tax framework, with profits from buying and selling XRP taxable at income tax rates. This isn't tax advice, so speak to the Nigeria Revenue Service (NRS, formerly FIRS) or a chartered tax practitioner about your specific situation.