An XRP Ledger decentralised exchange (DEX) lets you trade through markets recorded on the ledger. A website or wallet app helps you find a market and prepare a trade; your wallet shows the transaction for you to review and approve.
Before you trade
Set up an XRPL wallet and add XRP for transaction fees and any required reserve. You may need a $DROP trustline too. Follow our wallet guide and trustline guide if these steps are new.
Open a platform using a link from our How to buy page. A platform that offers swaps is an interface to XRPL markets; it does not hold your wallet recovery details.
Make the trade
1. Connect your wallet using the platform's wallet button. Never enter your recovery phrase or secret into the website. 2. Choose XRP / DROP and verify the $DROP issuer against the official address on our How to buy page. Names and logos can be copied. 3. Enter how much you want to trade. Review the quote, fees and minimum amount you will receive. 4. Check the transaction in your wallet. Approve it only if the assets and amounts match what you intended. 5. Wait for confirmation, then check your wallet balance.
Quotes can change before a trade completes. XRPL transactions that have succeeded cannot be reversed, so check the pair and amount before signing.
Prefer an exchange account?
Bitrue works differently: it holds your assets while they are in your exchange account.