Rippex – Exchange Review
Rippex popped up in Brazil as a niche exchange for Ripple (XRP) trading only. The fee model was simple – flat 0.30% per trade, same for maker and taker, and BTC withdrawal cost around 0.0009 BTC.
It never expanded. No other cryptos, no fiat options besides wire transfers, nothing exciting. A one-coin shop – fine maybe for fans of XRP, but limited and risky if demand dried up.
Rapid decline
The platform was flagged inactive long ago. They stopped deposit and trading services, the website turned dormant, and eventual announcements were vague or missing. It became clear they shut down completely.
What users saw
At the end, liquidity was nil. No one was trading. No visible activity. The site itself showed a notice (in Portuguese) saying the exchange was permanently closed. Users had no real path to reclaim funds once services halted.
Today’s snapshot
Zero trading. Zero liquidity. Zero support. The company faded. It’s a name on old listings now – a reminder that single-asset exchanges with no reserves or backup plans vanish fast.
Quick facts
| Feature | Status / Details |
|---|---|
| Founded | Brazil-based, focused on XRP only |
| Asset supported | XRP only |
| Trading fee | Flat 0.30% |
| Withdrawal fee | 0.0009 BTC |
| Fiat support | Wire transfer only |
| Regulation | None |
| Status | Permanently closed, inactive |
| Verdict | Single-token risk, defunct, not safe |
Final thoughts
Rippex had a narrow bet – XRP only trading, flat fee structure, minimal features. That might have worked if it scaled, but it never did. Without expansion, liquidity, audits or broader support – it couldn’t survive.
Now it’s gone – no funds, no service, no comeback. A stark signal: when an exchange lacks variety, regulation, or resilience, a shutdown can come silent and final.
Disclaimer
“This content is for informational purposes only and does not constitute financial advice. Please do your own research before investing.”
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