🪙 What is Ripple (XRP)?
Ripple is a platform that enables fast, secure, and low-cost transactions between different currencies, aiming to revolutionize the way we exchange money. The technology behind Ripple is based on a decentralized ledger system called the Ripple Protocol Consensus Algorithm (RPCA). This system is designed to make transactions faster and more secure by verifying them through a network of nodes rather than a centralized authority.
XRP is a digital asset that is part of the Ripple ecosystem. It was created to facilitate fast and secure cross-border payments and is used by banks and other financial institutions around the world. XRP is different from traditional cryptocurrencies like Bitcoin and Ethereum in that it is not designed to be a standalone currency. Instead, it is a technology that enables the transfer of any currency, whether it's fiat (like USD or EUR) or digital (like Bitcoin or Ethereum). Learn more
📥 How to Deposit XRP Into Your Coinmetro Account
For all information on how to deposit XRP into your Coinmetro account, please see the following help center article:
✅ Supported networks on Coinmetro: Ripple
📤 How to Withdraw XRP From Your Coinmetro Account
For all information on how to withdraw XRP from your Coinmetro account, please see the following help center article:
Important Note - To request a withdrawal, your account profile needs to be verified as well as having the funds to cover your withdrawal. The first time a withdrawal is made to a destination, the destination needs to be confirmed via e-mail. If you have 2-Factor Authentication enabled for withdrawals, you will be asked to input the code for each withdrawal, approved or not. We suggest enabling 2-Factor Authentication to protect your account.
🌱 Grow Your XRP with Staking
Put your XRP to work and watch your holdings grow by staking directly on Coinmetro. Staking is a great way to grow your XRP holdings while supporting the Ripple network, and it only takes a few clicks to get started. Your rewards are paid out in XRP, meaning your balance has the potential to increase over time without needing to trade. It’s an easy and rewarding way to make the most of your crypto.