XRP relisted on CoinGate: now available to be bought, paid with and accepted as a payment for non-US citizens (2024)

FAQs

Who accepts XRP as payment? ›

Yes, XRP is currently available on Coinbase's centralized exchange.

This reinstatement will allow local users to trade and store XRP on Coinbase, including through its mobile app. The reintroduction of XRP trading in New York on May 23 indicates Coinbase's compliance with the state's regulatory standards, including the BitLicense framework.

Ripple is a blockchain-based digital payment network and protocol that uses the XRP Ledger blockchain and XRP. XRP makes money by providing cross-border payment and crypto liquidity services to businesses. One of the first of its kind, Ripple operates in the blockchain and cryptocurrency financial services industry.

XRP is currently supported by more than 100 financial institutions, banks, and payment systems, including Bank of America, PNC Bank, Siam Commercial Bank, Santander Bank, and Standard Chartered Bank.

Coinbase, Kraken, and Others Relist XRP for Trading

The recent ruling in the Ripple case has given analysts a more positive outlook about Coinbase for its own case with the SEC. Coinbase and Binance were both recently sued by the regulator for allegedly operating unlicensed securities exchanges.

On February 20th, 2023, Coinbase Wallet discontinued support for the following assets and networks due to low usage: BCH, ETC, XLM and XRP. If you held these assets, they will still be tied to your address(es) and accessible through your Coinbase Wallet recovery phrase.

Fortunately in United States, you can buy XRP on Coinbase's centralized exchange. Coinbase is the most trusted place for people and businesses to buy, sell, and manage XRP. It's quick and easy.

XRP is listed on many CeFi exchanges globally, including Binance, Huobi and Bitstamp.

When can I trade XRP on Coinbase again? ›

On May 23, Coinbase's chief legal officer, Paul Grewal, announced that customers in the state of New York could once again trade XRP on the crypto exchange after a nine-month hiatus.

XRP is not supported on Coinbase Wallet.

How do I accept XRP payments? You need to set up your crypto payment gateway to start accepting XRP payments.

Amazon confirms a groundbreaking partnership with Ripple, integrating XRP for payment transactions. Ripple's XRP set to offer faster, more efficient payment solutions for Amazon's global customer base.

Go to Wallet > XRP > Withdraw. ⠀⠀3. Enter all the required crypto deposit details: transaction amount, recipient's address, and Destination Tag. The address and Destination Tag are generated in the wallet you send your assets to.

Atomic Wallet is a comprehensive solution for managing XRP and other cryptocurrencies. One of its primary features is the 24/7 online support provided through live chat and email for customers worldwide. This commitment to customer service is a standout feature, ensuring that users can get help whenever they need it.

Transfer your XRP to your hardware wallet.

Simply send your funds from your exchange to your Ledger hardware wallet. For that you'll need to use the Ledger Live app: create a XRP account and send your funds from your exchange to your newly created XRP address.