The standard Ripple (XRP) transaction fee is 0.00001 XRP, also called 10 drops. At an XRP price of $2 USD, this equals $0.00002 — two-hundredths of a cent. Even if XRP reaches $10, the fee would still be only $0.0001 per transaction.

Ripple confirmed in 2026 that average transaction fees on the XRP Ledger have stayed consistently below $0.001 since the network launched in 2012 — one of the lowest sustained fee records of any major blockchain.

Why the Fee Is So Low

Unlike Bitcoin (proof-of-work) or Ethereum (proof-of-stake), XRP uses the Ripple Protocol Consensus Algorithm (RPCA). There is no mining, so no energy-intensive competition that drives up fees. Validators reach consensus in 3–5 seconds and the tiny fee simply deters spam by making automated bulk attacks economically unfeasible.

Exchange Withdrawal Fees vs. Network Fees

It is important to distinguish between the XRP Ledger network fee and the withdrawal fee charged by exchanges such as Binance or Coinbase. Exchanges typically charge their own flat withdrawal fee (often 0.25–1 XRP) that is separate from and much higher than the on-chain network fee of 0.00001 XRP.