Sell XRP in New Zealand (XRP)
How to sell XRP in New Zealand
Register, deposit and sell in 5 minutes
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1. Create account
Securely create your personal or business account and verify your identity.
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2. Deposit
Instantly deposit XRP and other crypto assets 24/7.
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3. Sell XRP (XRP)
Place a market or limit sell order. Alternatively, use our OTC desk for high-value trades.
There are multiple ways to sell
Market sell
Limit sell
OTC sell
Auto & API sell
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Your trusted cryptocurrency exchange
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Made for you
Create a personal or business account. Access the award-winning platform 24/7 using the website or mobile app.
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Simple deposits and withdrawals
Deposit and withdraw NZD using SWIFT or instantly deposit and withdraw AUD to an Australian bank account.
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Low fees
Trading fees start at 0.5% and go down to 0.02%. Low fees apply to instant, crypto and SWIFT withdrawals.
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Multi-currency trading
Buy and sell XRP and other popular cryptocurrencies with NZD, AUD, or USD.
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Sell XRP on the go
Buy, sell and track your cryptocurrency portfolio, anywhere and anytime with the Independent Reserve app.
Awards & Recognition
Join over 350,000 happy customers
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As someone who has integrated to over 20 crypto exchanges via their APIs, I can say Independent Reserve has the best API documentation by far.
Their customer support is also excellent which is something most exchanges sadly lack these days.
Nick AddisonConsenSys -
I organise and host blockchain meetups and conferences and am always hearing very positive things when it comes to Independent Reserve which is why I always recommend them.
They are by far the most trusted crypto exchange in Australia for consumer trading as well as institutional investment, and offer a great 'open order book' unlike most other Australia exchanges.
Lucas CullenBlockchain developer -
I find Independent Reserve to be one of the easiest, smoothest cryptocurrency exchanges that I use.
The client onboarding process was simple, it is easy to deposit funds and I particularly like the transparency of market depth and speed of execution.
Claire Wivell PlaterManaging Director, The Fold Legal Pty Ltd
Protecting your assets is our top priority
No commingling of customer funds: we keep client assets completely separate from our own.
1:1 reserves
We maintain a full 1:1 reserve of all client fiat and crypto assets.
We hold the vast majority of crypto assets in secure offline cold storage, protected in underground vaults with maximum security.
Audited
Our books are balanced and we carry no debt on our balance sheet. We engage external auditors to undertake an annual audit of our financial statements in accordance with Australian Accounting Standards. This includes verification of all fiat and crypto balances held in custody on behalf of clients.
Segregated funds
We do not commingle customer funds. We maintain complete segregation of all client assets to ensure that when you need to make a withdrawal you can.
We keep your assets safe. That is our promise.
Sole custodian
Independent Reserve is the sole custodian of all crypto assets held on our platform. Custody is managed in Australia and we do not use any third party custodians.
We adhere to industry best practices and never lend, trade or reinvest your assets.
What is XRP?
XRP is a cryptocurrency that runs on the XRP Ledger. It is designed to be used as a token of exchange for faster, cheaper, and more convenient international transactions. XRP is a solution for the outdated and inefficient financial system. With XRP, you can settle cross-border transactions in a few seconds at a fraction of the cost compared to traditional methods.
Unlike most cryptocurrencies, XRP isn’t produced through mining or staking. All of XRP’s supply was created before its launch and distributed to the public in portions. Initially, 100 billion XRP coins were produced, with no more to be created. Ripple also keeps a large portion of XRP tokens locked into a series of escrows. They release XRP every month with the intention of adding predictability to the currency’s supply.
Fast and Efficient
The XRP Ledger (XRPL) is an open-source blockchain designed for payment processing, which is maintained and improved by the XRP Ledger Foundation. It is known for its speed and cost. XRP Ledger transactions are faster and cheaper than other blockchains because of its unique consensus mechanism, which doesn’t require mining.
The XRPL uses a global consensus run by a growing network of over 150 individual participants who agree on the validity and order of XRP transactions. Each validator can select a set of other validators to verify their transactions from the Unique Node Lists (UNLs) maintained by Ripple, the XRP Ledger Foundation, and Coil. A majority of validators need to accept the transaction to be verified.
With this consensus, XRPL can handle up to 1,500 transactions per second accurately and consistently. As a result, the ledger is more scalable than other blockchains.
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Register, deposit and trade in 5 minutes.
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