How To Buy XRP on MetaMask: A Step-by-Step Guide

MetaMask doesn’t support native XRP, but you can store Wrapped XRP (wXRP) through Ethereum or BNB Smart Chain networks. This guide covers wallet setup, network configuration, token import, and purchasing wXRP via decentralized exchanges (DEXs) like PancakeSwap or Uniswap. By using wXRP, you can interact with DeFi dApps while tracking XRP’s price movements—just ensure you verify token addresses and networks to avoid losses.

Native XRP vs. Wrapped XRP

MetaMask supports only Ethereum-compatible tokens, meaning native XRP cannot be stored directly. Instead, you’ll use Wrapped XRP (wXRP), a 1:1 pegged version of XRP deployed on networks like Ethereum or BNB Smart Chain.

Key Differences:

• Native XRP: Runs on Ripple’s ledger; incompatible with MetaMask.
• Wrapped XRP (wXRP): ERC-20/BRC-20 token backed 1:1 by native XRP; tradable on DEXs.

👉 Learn more about wrapped tokens

Step-by-Step Guide

Step 1: Set Up MetaMask

1. Download MetaMask from the official browser extension or mobile app.
2. Create a new wallet or import an existing one using your seed phrase.
3. Securely store your seed phrase offline.

Step 2: Add a Compatible Network

For Ethereum:

• Default network (no changes needed).

For BNB Smart Chain (BSC):

1. Go to Settings > Networks > Add Network.

2. Enter these details:

   • Network Name: BNB Smart Chain
   • RPC URL: https://bsc-dataseed.binance.org/
   • Chain ID: 56
   • Currency Symbol: BNB
   • Block Explorer: https://bscscan.com

Step 3: Import wXRP Tokens

1. In MetaMask, click "Import Tokens".

2. Enter the wXRP contract address:

   • BSC wXRP: 0x1f2f0b38973f1a2b9c3bb71989f7e39306a72e57
   • Ethereum wXRP: Find the ERC-20 address on CoinGecko/Etherscan.

MetaMask will auto-populate the token details. Confirm to add.

Step 4: Buy wXRP via DEX or CEX

Option A: Decentralized Exchange (DEX)

1. Visit PancakeSwap (BSC) or Uniswap (Ethereum).
2. Connect your MetaMask wallet.
3. Swap BNB/ETH for wXRP.

Option B: Centralized Exchange (CEX)

1. Buy XRP or wXRP on Binance/Kraken.
2. Withdraw to MetaMask using BSC/ERC-20 network (select "wXRP" version).

👉 Compare DEX fees here

Step 5: Confirm and Monitor

• Verify the transaction on BscScan or Etherscan.
• Your wXRP balance will appear under "Assets" in MetaMask.

Why Use Wrapped XRP?

• DeFi Access: Use wXRP in Ethereum/BSC dApps (e.g., lending, staking).
• Price Exposure: Track XRP’s value without leaving MetaMask.
• Cross-Chain Flexibility: Convert between native XRP and wXRP as needed.

Risks: Always double-check contract addresses to avoid scams.

FAQ

1. Can I store native XRP in MetaMask?

No. MetaMask supports only Ethereum-compatible tokens. Use wXRP instead.

2. How do I convert wXRP back to native XRP?

Send wXRP to a supported exchange (e.g., Binance) and withdraw as native XRP.

3. Is wXRP safe?

Yes, if the contract is verified. Always use reputable sources like CoinGecko for addresses.

4. Which networks support wXRP?

Ethereum (ERC-20) and BNB Smart Chain (BRC-20).

5. What’s the minimum wXRP purchase?

DEXs often have no minimum, but gas fees apply (higher on Ethereum).

Final Tips

• Verify addresses: Use trusted block explorers.
• Secure your seed phrase: Never share it.
• Start small: Test with a small transaction first.

By leveraging wrapped XRP, you unlock MetaMask’s DeFi potential while maintaining exposure to XRP’s market. Happy trading!