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While XRP Funds Will Remain Safely Stored in Your Account After the Trading Suspension, You Will Not Be Able to Buy, Sell, or Convert. There Will Be No Impact to Coinbase Custody or Coinbase Wallet at This Time….What Products Support XRP?

XRP is a digital asset that was created to provide a fast, inexpensive way to send payments anywhere in the world. XRP can be used on the Ripple network to send nearly any currency, including USD, EUR, BTC, and more.

You can also use XRP to purchase goods and services.

The Ripple network is a decentralized network of computers that use the XRP Ledger—an open-source blockchain that can process 1,500 transactions per second. The Ripple network is faster and cheaper than other blockchain networks, making it an ideal way to send money globally.

NOTE: Warning: Coinbase is suspending all trading of XRP due to regulatory concerns. While your XRP funds are safe, you will not be able to buy, sell, or convert them. This suspension does not affect Coinbase Custody or Coinbase Wallet. Please note that only certain products support XRP and you should check with the specific product before attempting to use it.

In order to use XRP, you’ll need to create a Ripple account and purchase some XRP. You can then hold your XRP in your account or use it to make payments.

XRP is available on a number of exchanges and can be purchased with USD, EUR, BTC, and other currencies.

If you want to use XRP to make payments, you’ll need to create a Ripple account and connect it to your bank account or cryptocurrency wallet. Once your account is funded, you can use XRP to make nearly instant payments anywhere in the world.

While XRP funds will remain safely stored in your account after the trading suspension, you will not be able to buy, sell, or convert. There will be no impact to Coinbase Custody or Coinbase Wallet at this time.

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