Coinbase Wrapped XRP ("cbXRP") is a token that is backed 1:1 by native Ripple (XRP) held by Coinbase, meaning that for all cbXRP in circulation, there is an equivalent amount of XRP held in a secure custody solution (including cold storage) provided by Coinbase. Wrapped assets, like cbXRP, are transferable tokens that are redeemable for the underlying asset.
Trade CBXRP on the XRP Ledger DEX at XRPL.to — sub-cent fees, 3-5 second settlement, no sign-up required.
Frequently Asked Questions about CBXRP
What is CBXRP?
CBXRP is a token issued on the XRP Ledger, listed 338 days ago. It has 42 holders and 72 trustlines. You can trade it on the XRP Ledger DEX with sub-cent fees and 3-5 second settlement.
Where can I buy CBXRP?
You can buy CBXRP directly on the XRP Ledger DEX through XRPL.to. Connect any XRPL wallet (Xaman, Crossmark, Gem Wallet) and swap XRP for CBXRP in one click — no centralized exchange or KYC required. The swap settles in 3-5 seconds.
What is the current price of CBXRP?
CBXRP is currently trading at 0.0000054050 XRP (-22.95% change in the last 24 hours). Live prices update every few seconds on XRPL.to as trades execute on the XRP Ledger DEX.
What is CBXRP's 24-hour trading volume?
CBXRP has traded 100 XRP in volume over the past 24 hours. Volume and market cap update in real time as trades settle on-chain.
Is CBXRP verified on XRPL?
CBXRP has not yet been verified on XRPL.to. Always check the issuer address, holder count, and trading volume before buying any XRPL token. The issuer address for CBXRP is rD133E7maWwBBQdSXe2ftH3jiKdyjghUqk.
How do I add a trustline for CBXRP?
To hold CBXRP, you need to set a trustline to the issuer (rD133E7maWwBBQdSXe2ftH3jiKdyjghUqk) for the currency code 4342585250000000000000000000000000000000. Most XRPL wallets do this automatically when you initiate a swap on XRPL.to — no manual setup required. The trustline reserves 0.2 XRP, which is recoverable when you remove the trustline.
Coinbase Wrapped XRP ("cbXRP") is a token that is backed 1:1 by native Ripple (XRP) held by Coinbase, meaning that for all cbXRP in circulation, there is an equivalent amount of XRP held in a secure custody solution (including cold storage) provided by Coinbase. Wrapped assets, like cbXRP, are transferable tokens that are redeemable for the underlying asset.
