Trading with Elbaite means you and your assets remain safe,
with complete peace of mind whilst you focus on what matters.
Simply create your Personal, SMSF, Company or Trust account
Deposit AUD into your Elbaite account.
Use your AUD to start investing.
XRP is a digital asset designed for fast, low-cost global payments. It powers the XRP Ledger — an open-source, decentralised blockchain that can settle transactions in just a few seconds. Unlike many other cryptocurrencies, XRP doesn’t rely on mining. Instead, it uses a consensus mechanism that allows for energy-efficient and near-instant transfers.
XRP is commonly used by financial institutions and payment providers to move value across borders quickly and efficiently. But it’s also widely traded by individuals looking for a crypto with practical use and high-speed performance.
Whether you're exploring digital payments or adding a liquid asset to your portfolio, XRP offers a unique balance of utility, speed, and accessibility.
XRP is used to send money globally in seconds. It’s also traded as a digital asset on exchanges like Elbaite.
Yes. XRP is legal to buy, sell and hold in Australia. It’s considered a digital asset under local regulations and is included in crypto tax reporting.
Sign up with Elbaite, deposit AUD, and purchase XRP directly to your own wallet or Elbaite’s secure Crypto Vault.
XRP isn’t mined and doesn’t rely on proof-of-work. It uses a consensus protocol for fast, low-cost, and energy-efficient transactions.
Yes. You can use a self-custody wallet for XRP or store it in Elbaite’s custodial vault for ease and security.
Yes. XRP transactions typically settle in 3–5 seconds, making it one of the fastest cryptocurrencies available.
The XRP Ledger is a decentralised, open-source blockchain that processes XRP transactions and supports tokenisation and other financial tools.
Yes. XRP remains one of the top-traded cryptocurrencies by volume and continues to be used in real-world payment solutions.
Yes. XRP is divisible, and you can buy a fraction of a token depending on your budget.
You can view the current price of XRP in AUD right here on this page, updated automatically through Elbaite.
Since our inception, we have made security our top priority.
Your funds are always available. Every asset you hold on Elbaite is fully backed, with no lending or rehypothecation.
Add an extra layer of protection with multi factor authentication, ensuring your account is secure.
Your assets are stored in verifiable individual wallets, never mixed with others, so you stay in full control of your funds.
Every transaction and account is protected with advanced encryption to keep your data and assets secure.
Get started in minutes, Buy crypto and invest for generations, with Elbaite - Australian crypto exchange.
"Good first experience trading crypto. Found the platform to be straightforward and simple to use! Highly recommend."
"Highly recommend this platform. It’s incredibly easy, reliable and efficient to use. Combines simplicity with performance so 5 stars!"
"very helpful customer service centre, easy and simple webpage to use"
"Really impressed with Elbaite. Easy to navigate and trades are quick and secure. Loving it so far"
"Trading with Elbaite has been a great experience. The platform is user-friendly and transactions are processed quickly. I highly recommend Elbaite for anyone interested in a reliable and safe cryptocurrency trading platform."
partners & affiliates:
Our legal & compliance team regularly work with regulators to advise on the cryptocurrency industry, ensuring that Australia has the best policies in place to support investor protection, innovation and industry growth.
We believe in the future of cryptocurrency here in Australia and want to ensure the right policies are in place to support a thriving industry.
Regulated by AUSTRAC
Elbaite Pty Ltd is officially registered with AUSTRAC and operates under strict compliance guidelines.
Elbaite Pty Ltd ACN: 623 185 875
AUSTRAC: DCE 100593224-001
Elbaite Pty Ltd ACN:
623 185 875
Elbaite Pty Ltd is a registered DCE with AUSTRAC:
DCE 100593224-001
We acknowledge the Wurundjeri people of the Kulin Nation, the Traditional Custodians of the land we work on, as well as the Traditional Owners of country throughout Australia. We pay respects to people, communities and elders past, present and emerging.
Elbaite is a member of:
Elbaite Pty Ltd (ACN 623 185 875) operates a digital currency exchange registered with AUSTRAC. Please note that digital asset prices can be volatile. We will never ask for the private keys to your digital currency wallet. Elbaite is not liable for any losses you may incur, and you are solely responsible for your investment decisions. Before deciding if our services are right for you, take into consideration your own financial situation & needs and/or obtain professional financial or taxation advice from a licensed provider. Elbaite does not provide financial advice and Elbaite does not have any affiliation with external traders, advisors or trading platforms.
