XRP - Ripple

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: How to Deposit XRP.

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: How to Withdraw XRP.

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.

Withdrawals waiting for approval can be canceled and the withdrawal status can be found by selecting the Wallet on your Coinmetro Dashboard. Please note that already-approved withdrawals cannot be canceled. If there is no Cancel button visible, this unfortunately means the withdrawal can no longer be canceled, and you will find a transaction ID (TXID) instead. This is a link to the relevant transaction hash on a Blockchain Explorer website where the status can be checked further.