Best XRP Alternatives

Adam Rosen - Lead financial writer

Updated 15-Mar-2024

If you are a XRP investor, you may want to look at some of the different XRP alternative cryptocurrencies currently available. Although some of XRP alternatives are considered high risk and have varying levels of trading volume and liquidity, some good XRP alternatives can be found in many stablecoins and altcoin XRP alternatives. We explain what to look for in a XRP alternative and how to understand the risks when buying and selling XRP alternatives. There are also a few XRP alternatives that may have a higher likelihood of growth in the future. For example, some XRP alternatives may see greater adoption in the next decade than XRP will.

Best XRP Crypto Alternatives

The best XRP alternatives by trading volume, liquidity and popularly in crypto market sentiments are Bitcoin BTC, Ethereum ETH, Tether USDT, USD Coin USDC, Binance Coin BNB, Cardano ADA, Dogecoin DOGE, Litecoin LTC, SHIBA INU SHIB, Bitcoin Cash BCH, Polkadot DOT, Solana SOL.

  1. Bitcoin BTC XRP alternative
  2.  Ethereum ETH XRP alternative
  3.  Tether USDT XRP alternative
  4.  USD Coin USDC XRP alternative
  5.  Binance Coin BNB XRP alternative
  6.  Cardano ADA XRP alternative
  7.   Dogecoin DOGE XRP alternative
  8.  Litecoin LTC XRP alternative
  9.  SHIBA INU SHIB XRP alternative
  10.  Bitcoin Cash BCH XRP alternative
  11.  Polkadot DOT XRP alternative
  12.  Solana SOL XRP alternative

Best XRP Alternatives Trading Platforms

  • Visit XRP alternative eToro Cryptocurrency

    🀴 Used By: 23,200,000
    ⚑ Crypto Available: BTC, ETH, BCH, XRP, DASH, LTC, ETC, ADA, MIOTA, XLM and 27 more cryptocurrency.
    πŸ“ˆ Traded Volume: 41,693,321
    πŸ’΅ Deposit Methods: Credit cards, VISA, MasterCard, Diners Club, Maestro, Debit Cards, Bank Transfer, PayPal, Neteller, Skrill, WebMoney, China UnionPay, Giropay, Electronic wallets (eWallets), Ethereum, Bitcoin, Bitcoin Cash, Dash, EOS, Ripple XRP, Litecoin, Zcash, Payoneer,

    πŸ’° Trading Fees: Fees vary. Overnight and weekend fees apply
    πŸ’° Withdrawal Fees: US$5 (minimum withdrawal of US$50)
    πŸ’° Deposit Fees: Fees vary (conversion fees for non-USD deposits)
    Trading cryptocurrencies can be high risk. Losses may exceed deposits when trading CFDs.

  • Visit XRP alternative eToroX

    🀴 Used By: 13,000,000
    ⚑ Crypto Available: BTC, ETH, BCH, XRP, DASH, LTC, ETC, ADA, MIOTA, XLM and 27 more cryptocurrency.
    πŸ“ˆ Traded Volume: 42,043,394
    πŸ’΅ Deposit Methods: Credit cards, VISA, MasterCard, Diners Club, Maestro, Debit Cards, Bank Transfer, PayPal, Neteller, Skrill, WebMoney, China UnionPay, Giropay, Electronic wallets (eWallets), Ethereum, Bitcoin, Bitcoin Cash, Dash, EOS, Ripple XRP, Litecoin, Zcash, Payoneer,

    πŸ’° Trading Fees: Fees vary
    πŸ’° Withdrawal Fees: Fees vary
    πŸ’° Deposit Fees: Fees vary
    Trading cryptocurrencies can be high risk. Losses may exceed deposits when trading CFDs.

  • Visit XRP alternative Gate.io

    🀴 Used By: 4,000,000
    ⚑ Crypto Available: BTC, ETH, ETC, XTZ, CLV, EOS, OMG, BNB, LTC, UNI and 820 more cryptocurrency.
    πŸ“ˆ Traded Volume: 5,945,756,067
    πŸ’΅ Deposit Methods: Cryptocurrency

    πŸ’° Trading Fees: Maker: 0.20%
    πŸ’° Withdrawal Fees: Fees vary
    πŸ’° Deposit Fees: None
    Trading cryptocurrencies can be high risk. Losses may exceed deposits when trading CFDs.

  • Visit XRP alternative LocalBitcoins

    🀴 Used By: 1,000,000
    ⚑ Crypto Available: BTC and 1 more cryptocurrency.
    πŸ“ˆ Traded Volume: 612,000,000
    πŸ’΅ Deposit Methods: Bank transfer (ACH)

    πŸ’° Trading Fees: None
    πŸ’° Withdrawal Fees: Fees vary
    πŸ’° Deposit Fees: Fees vary
    Trading cryptocurrencies can be high risk. Losses may exceed deposits when trading CFDs.

  • Visit XRP alternative KuCoin

    🀴 Used By: 8,000,000
    ⚑ Crypto Available: BTC, ETH, XRP, BCH, EOS, LTC, ADA, XLM, TRX, NEO and 434 more cryptocurrency.
    πŸ“ˆ Traded Volume: 110,957,137
    πŸ’΅ Deposit Methods: Cryptocurrency

    πŸ’° Trading Fees: 0.10%
    πŸ’° Withdrawal Fees: Fees vary
    πŸ’° Deposit Fees: None
    Trading cryptocurrencies can be high risk. Losses may exceed deposits when trading CFDs.

  • Visit XRP alternative Huobi

    🀴 Used By: 10,000,000
    ⚑ Crypto Available: BTC, BCH, ETH, XRP, LTC, BTG, DASH, ETC, EOS, QTUM and 320 more cryptocurrency.
    πŸ“ˆ Traded Volume: 924,266
    πŸ’΅ Deposit Methods: Cryptocurrency

    πŸ’° Trading Fees: Maker: 0.2%
    πŸ’° Withdrawal Fees: None
    πŸ’° Deposit Fees: None
    Trading cryptocurrencies can be high risk. Losses may exceed deposits when trading CFDs.

  • Visit XRP alternative Coinbase

    🀴 Used By: 73,000,000
    ⚑ Crypto Available: ATOM, BAT, BTC, BCH, XRP, DAI, DASH, EOS, ETH, ETC and 73 more cryptocurrency.
    πŸ“ˆ Traded Volume: 7,622,846,254
    πŸ’΅ Deposit Methods: Bank transfer (ACH)

    πŸ’° Trading Fees: Fees vary
    πŸ’° Withdrawal Fees: Instant Card Withdrawal: Up to 2% of the transaction plus a minimum of 0.45
    πŸ’° Deposit Fees: Credit/debit card: 3.99%
    Trading cryptocurrencies can be high risk. Losses may exceed deposits when trading CFDs.

  • Visit XRP alternative CoinJar

    🀴 Used By: 450,000
    ⚑ Crypto Available: BTC, ETH, XRP, EOS, LTC, XLM, USDT, OMG, ZRX, MKR and 42 more cryptocurrency.
    πŸ“ˆ Traded Volume: 64,141,140
    πŸ’΅ Deposit Methods: Bank transfer

    πŸ’° Trading Fees: Maker: 0.05-0.15%
    πŸ’° Withdrawal Fees: Fees vary
    πŸ’° Deposit Fees: No Fees
    Trading cryptocurrencies can be high risk. Losses may exceed deposits when trading CFDs.

  • Visit XRP alternative Crypto.com

    🀴 Used By: 10,000,000
    ⚑ Crypto Available: BTC, ETH, USDT, XRP, ATOM, XTZ, XLM, LINK, CRO, BCH and 153 more cryptocurrency.
    πŸ“ˆ Traded Volume: 2,630,000,000
    πŸ’΅ Deposit Methods: Credit card

    πŸ’° Trading Fees: Maker: 0.04-0.20%
    πŸ’° Withdrawal Fees: Cryptocurrency: Fees vary
    πŸ’° Deposit Fees: None
    Trading cryptocurrencies can be high risk. Losses may exceed deposits when trading CFDs.

  • Visit XRP alternative Coinmama

    🀴 Used By: 2,300,000
    ⚑ Crypto Available: BTC, ETH, ETC, BCH, LTC, ADA, QTUM, XRP, XTZ, EOS and 10 more cryptocurrency.
    πŸ“ˆ Traded Volume: 86,072,667,390
    πŸ’΅ Deposit Methods: Bank transfer (ACH)

    πŸ’° Trading Fees: 2.9-3.9% (depending on loyalty level)
    πŸ’° Withdrawal Fees: Fees vary
    πŸ’° Deposit Fees: Credit card: 5%
    Trading cryptocurrencies can be high risk. Losses may exceed deposits when trading CFDs.

What You Should Look for Before Choosing a XRP Alternative

Every cryptocurrency including the XRP digital currency, and its top XRP alternatives are competing to become the next big thing in crypto. Before you invest in XRP cryptocurrency, you should understand fully what XRP is and how XRP works and compares to other cryptocurrency assets. whatever XRP alternative you decide upon make sure you only trade XRP and XRP alternatives with a well regulated XRP crypto trading platform that offers a wide range of financial instruments including XRP crypto related assets. Only trade XRP alternatives that is backed by a credible company. Make sure any XRP alternatives you short list has a high trading volume and good liquidity. A XRP alternative crypto asset will be easier to sell and relise any gains if it has good liquidity.

Before choosing a XRP alternative, you should learn about the basics of the concept of cryptocurrency. While there are many reasons to invest in XRP, the most important thing is to understand how crypto assets like XRP work before diving in. It's important to understand why a particular XRP crypto asset was created. Learning the history of XRP is essential, as it will give you a better idea of the value of XRP. When it comes to XRP alternatives, it is important to research each XRP alternative thoroughly before you invest.

XRP alternatives are more stable than others. The value of Tether is pegged to the US dollar and so it experiences fewer price fluctuations than XRP. Using a stable coin such as Tether allows you to experience the blockchain network without the risk of losing your money in large price surges.

Availability of XRP Alternatives

XRP isn't the only cryptocurrency available. While there are other cryptos like XRP that provide a similar level of anonymity and availability, some XRP alternatives are more secure. The decentralised nature of the XRP blockchain network makes it possible for anyone to see a person's XRP transaction details. However, some XRP have increased privacy-oriented features. As a privacy-oriented XRP cryptocurency alternative, may require multiple signees to view transactions. This makes it much more difficult for a thief to identify the XRP alternative sender and the receiver of a transaction.

XRP Liquidity

When discussing XRP cryptocurrency marketplaces, the term "XRP liquidity" refers to how simple it is to trade one XRP coin for a XRP alternative cryptocurrency. If a XRP asset has good liquidity, it can be acquired or sold quickly and without much difficulty without having a significant impact on the price of the XRP asset. A XRP crypto market may do this in a number of ways, one of which is by utilizing XRP order books, just as a stock market would.

XRP Trading Volume

The volume of trade in XRP cryptocurrencies refers to the number of times a certain XRP currency changes owners during a specified amount of time. It is possible to gain insight into the popularity of XRP currency as well as its worth by observing the rate at which XRP is traded. The amount of crypto trading is especially crucial for less liquid XRP alternative cryptocurrencies which are traded on more specialized crypto exchanges.

Investment Viability of XRP Alternatives

While investing in XRP holds risk, so will any XRP alternatives at varying levels. Dispite the risk investing in XRP can be very rewarding. In this XRP alternatives guide, we will explore the viability of a few popular XRP alternatives and how you can assess their investment potential. While there are many risks in speculative asset classes like XRP, there are ways to technically analyse potential gain and risk when buying or selling XRP or XRP alternatives.

XRP Stablecoin Alternatives

Stablecoins are a good alternative to XRP for crypto traders. XRP stablecoin alternative digital currencies don't fluctuate in value with as high volatility as some less well know XRP alternatives due to stablecoins being more widely accepted. The major advantage of XRP stablecoin alternatives is their stability, but the stability is not guaranteed. The price of XRP, as with all crytocurrencies can fluctuate quite a bit, and it's important to understand that this is normal, even when it comes to the more reliable Stablecoins. The main reason some XRP stablecoin alternatives can be unstable is because they are tied to market news, including negative press. This means that if a well known popular crypto asset declines in value, your XRP stablecoin may fall in price along with it.

XRP Altcoins Alternatives

An altcoin is generally any cryptocurrency coin that is not one of the market leading cryptocurrency. XRP altcoins as generally less well known crypto coins with smaller trading volumes that may have some potential for growth, comparitively to XRP. Many new digital assets are rapidly gaining popularity like XRP. Some have even gained traction among mainstream institutions and have achieved very high valuations when compared to XRP. Differently from XRP, these alternative currencies perform different functions within the XRP cryto economy. The main disadvantage of XRP altcoins is their relatively small investment market, which has little definition or defined criteria for investing. Furthermore, there is low liquidity with XRP altcoins, which makes XRP altcoin alternative prices more volatile than XRP.

Growth Of XRP Alternatives

The cryptocurrency market with the help of cryptocurrency like XRP is becoming a vibrant financial market full of all kinds of ever increasing number of crypto assets ranging from large financial institution backed crypto assets to homebrew XRP crypto related alternatives. Some of these XRP alternatives are offering interest-bearing accounts, some XRP alternatives have investment from licensed banks, while other XRP alternatives are a combination private teams, traditional finance and specialist cryptocurrency firms.

Next Big Cryptocurrency Like XRP?

Other cryptocurrencies could follow in the success of XRP. Other crypto may even be more stable than XRP. For instance, a more stable currency may be Ethereum. XRP is an increasingly popular option for investors because of its ability to keep the value of an asset. Also, XRP and XRP alternatives with similar goals have may have lower volatility.

While you can invest in a XRP alternative after careful research, it is advisable to do so as an educated data driven decision. While most cryptocurrencies like XRP are linked to a particular technological product, stocks are linked to a specific company and have financial reporting requirements that give you a better idea of the company's future prospects. XRP cryptocurrency and its alternatives do not have the same available research data to make a complete XRP investing decision. As a XRP beginner, it is important to do your XRP homework and find out as much as you can about each XRP cryptocurrency alternative before investing. You should also seek out the advice of a XRP crypto financial advisor who is familiar with blockchain, decentralised technologies and can advise you on the best investments for your personal needs. When it comes to the next best XRP crypto alternative to invest in after XRP, stick with stablecoins with high trading volumes.

Is XRP a Long-Term Investment?

XRP refers to a new kind of digital money that is not managed by a centralized authority such as a government. Although XRP may be used to pay for goods and services. Some believe that XRP is more of as an investment for the long term. But the price of XRP is highly volatile. XRP is still relatively new, so is mostly traded on its volatility in the short term. A number of individuals are of the belief that XRP cryptocurrencies will be utilized by the majority of people within the next ten years.

Many crypto investors have experienced a dramatic drops of as much as 50 - 80 percent with some XRP alternatives. Unfortunately investing in XRP and XRP alternatives can be highly volatile.. If you're new to investing in XRP, you must learn be mitigate risks and use risk manangement strategies when buying and selling XRP and its alternatives.

As with any investment, investing in XRP requires a strong financial plan. A XRP based retirement plan should include emergency savings, retirement planning, and other long-term investments that will many diversified investments not just XRP. The aim of XRP investors should be to build a long-term investment portfolio which will comprise of some XRP alternatives. Experienced XRP traders should be ready and comfortable with the volatile XRP cryptocurrency and XRP alternatives financial markets. Only trade XRP or XRP alternatives with money that you can afford to lose.

Will XRP Rise In 2024?

There is no magic answer on if XRP will increase in value, in 2024. The answer depends on the current 2024 market, global economy, peoples disposable income and market sentiment towards 2024 and 2024 alternatives. If the world goes into recession then the prices and growth of 2024 and 2024 alternatives will be negatively impacted. Higher bank interest rates will likely push the value of XRP and other cryptocurrencies lower. In the long term, the price of XRP will continue to rise as 2024 adoption grows and more practical uses of 2024 and 2024 alternatives are being developed.

A major factor in determining the growth of XRP. A crash in any well known 2024 alternative could cause investors to flee from the crypto markets as a whole. Some 2024 alternative cryptos are expected to hit their highest points. The rise is likely temporary with most of 2024 alternatives, as the cryptocurrency market and therefore all cryptos including XRP have a very turbulent and volatile price history.

Alternative Altcoins to XRP

While the price of XRP continues to rise and fall, more and more cryptocurrencies like XRP emerge, it can be difficult to find a good alternative to XRP. Fortunately, there are plenty of XRP altcoins to choose from. Here are some of the most popular ones: Bitcoin BTC, Ethereum ETH, Tether USDT, USD Coin USDC, Binance Coin BNB, Cardano ADA, Dogecoin DOGE, Litecoin LTC, SHIBA INU SHIB, Bitcoin Cash BCH, Polkadot DOT, Solana SOL. All of these have unique characteristics that make them excellent alternatives to XRP.

While XRP has the largest market cap, there are several XRP alternative cryptocurrencies that have the potential to replace XRP. Although XRP is popular, Bitcoin BTC and Ethereum ETH are two of the most popular among the other XRP alternatives. Both of these currencies have a high volume of active users, so if you're looking for an XRP altcoin to use instead of XRP cryptocurrency, you should look for lower volatility, high liquidity and a real world use that would see that XRP alternative have some growth.

The Best Cryptocurrency to Invest in Instead of XRP Detailed Explanation

Bitcoin BTC is a crypto platform that offers an alternative to XRP. Its main advantage is that it is a decentralised platform that supports smart contracts. This makes it a compelling choice for countries with little XRP state infrastructure. Bitcoin BTC has a goal to provide access to a plethora of financial products for everyone and is a popular alternative choice. The most interesting thing about Bitcoin BTC coin is that it is completely free. There is no government or centralised entity that controls Bitcoin BTC.

Ethereum ETH is another great XRP alternative. Cardano is a decentralised network for online payments that can speed up transfers and save time. It is not as popular as XRP, but it could provide a good alternative to XRP. Ethereum ETH currency is growing rapidly. Ethereum ETH is among the top cryptocurrencies in the world, with a high market cap. Ethereum ETH is considered to be a third-generation crypto and has partnerships with many universities and financial institutions and is a good alternative to XRP.

The Tether USDT cryptocurrency is also a decentralised system like XRP, and is based on mature blockchain protocols. The Ethereum ETH network is highly secure, and the underlying code is decentralised. Ethereum ETH is more secure than some other XRP alternatives. Nevertheless, you may find Ethereum ETH a worthy alternative to XRP. Carefully research the Ethereum ETH value proposition compared to that of XRP alternative crypto assets, and look into each XRP alternatives background before placing live buy and sell orders.

What is XRP Mining?

It is the process of creating a digital currency that can be exchanged for real money. The technology required for mining XRP is relatively simple. A network of computers called a blockchain stores information, and the miners are called nodes in this system. These nodes compete with one another to produce blocks, or XRPs. Some choose the miners that they want to use sequentially among pre-selected miners, so it's important to be familiar with the specifics of your particular cryptocurrency protocol.

In a nutshell, XRP mining is the process of creating new coins by solving complex equations. Each transaction is entered onto a distributed ledger, or blockchain, and locked into the system for all to see. Miners compete to solve these complicated equations, and the first ones to solve them win a reward. When a transaction is successful, a new coin is released into circulation. This process can be very lucrative for XRP miners, so it's important to know what you're doing.

Mining Based Alternatives of XRP

When you're looking for a XRP alternative, mining-based XRP altcoins are a great option. These XRP coins are created by solving hard problems, like proof-of-work (PoW) mining. Some of the newer mining-based XRP alternative cryptos were premined and released into the cryptocurrency market before they became widely available.

In fact, some of the top-performing mined XRP alternatives aren't based on mining but on a specialised hardware. Mining crypto is very energy-intensive, consuming enough energy to boil a kettle of water every single time every 30 seconds.

Is XRP Mining Damaging the Environment?

XRP minings environmental impact is significant, and it has been linked to climate change. Most XRP miners purchase electricity from fossil fuels, which are the largest contributors of carbon dioxide. Unfortunately, the carbon emissions are still much higher than they should be due to government subsidies. The fossil fuel companies are not paying for the pollution they produce. As XRP becomes more popular this may be a huge source of pollution.

Greener Alternatives of XRP

There are many reasons to look for greener alternatives to XRP. While XRP has seen growth for several years, its mining process is extremely energy-intensive. New greener alternatives to XRP crypto assets are emerging which still use a decentralised ledger system on the blockchain. Not many green XRP alternatives have much trading volume or liquidity so are hard to buy as sell.

Security Tokens as Alternatives of XRP

A major advantage of security tokens is that they allow companies to track their loyal XRP investors. For example, companies can then offer better dividends to their loyal XRP investors. For instance, a company could offer more dividends to its long-term XRP investors than its short term XRP speculators. The advantages of using security tokens with a XRP alternative are many and varied.

Meme Coins As Alternatives To XRP

Meme coins are popular digital currencies inspired by internet memes and some may be good XRP alternatives. The price of meme coins is often affected by market sentiments from social media and the national press. The risks of investing in XRP meme coin alternative currencies are high, as they are susceptible to pump and dump schemes. While XRP meme crypto alternatives may not have a clear use case, they can still generate potential huge or huge loses. Some Meme coins can be a great alternative to XRP, but some are not.

Meme coin alternatives to XRP can also diversify a portfolio, but they come with a high risk. To invest safely, XRP alternative meme coin buyers should make sure to find a reputable XRP trading platform. This way, they can minimise risks and use risk management tools to maximise returns. Meme coin alternatives to XRP are generally very volatile, and investors should be prepared for extreme value fluctuations. Before investing in a XRP alternative that can be classed as a meme coin, traders should check whether the XRP alternative meme coin liquidity and trading volume levels.

Utility Tokens as Alternatives of XRP

While some people believe utility tokens are a good alternative to XRP, it is important to remember that they are not backed by any real value. While some people do speculate with utility tokens, they have a limited use when compared to some other XRP alternatives. The tokens are not a substitute for cash and do not offer discounts. Instead, utility tokens can be used for financial speculation which can make them high risk then XRP. The utility token has a fixed dollar value, and this makes it difficult to predict when someone will need them. In contrast, other XRP alternatives have a 1:1 ratio with an asset, such as a fiat currency.

Future of XRP Investment

Is the future of XRP investment bright? XRP seems likely to change and evolve, but it's not clear how that will happen, with the global economy facing a downtown as the cost of living begins to increase as we get out of COVID. The first step is to create a more accessible XRP. Despite the high initial costs, many people are able to afford XRP and XRP alternatives, and the number of available XRP alternatives is increasing daily. The market will continue to grow, and it will be interesting to see how the cryptocurrecy markets will change over time.

One of the biggest concerns about cryptocurrencies like XRP is their volatility. This is because of their illiquid nature. Investing in a XRP crypto alternative that has little to no liquidity can result in substantial loss. A XRP stablecoin on the other hand, although still risky is seen to have high acceptance and trading volume. XRP stablecoins maybe a better long-term investment, but all XRP cryptocurrency alternatives are highly volatile and traders must be aware there is a risk of losing the whole amount.


Best XRP Alternative Crypto Exchange Reviews

If XRP isn’t quite what you are looking for you can check out some of the best XRP alternatives below.

Best XRP crypto Alternatives Guides

If you would like to see XRP compared agains some of the best XRP crypto exchange alternatives available right now you can do so by clicking on the links below.