Adding the XRP token to the popular MetaMask wallet is a common query among cryptocurrency enthusiasts. However, it’s not as straightforward as it may seem. Let’s examine if and how to add XRP to MetaMask, and the best alternatives available.
Summary
The ability to add XRP to the popular MetaMask wallet is a common query among cryptocurrency users. However, it’s currently impossible to directly integrate the native XRP token with MetaMask. As workarounds, users can leverage the Binance Smart Chain to hold the Binance Pegged XRP token (BXRP) – while not identical, it mirrors the value of native XRP. This allows indirect XRP access via MetaMask. Top choices like XUMM, Atomic Wallet, Trust Wallet and Coinbase Wallet provide intuitive interfaces, robust functionality and seamless integration for transacting on the XRP Ledger via desktop or mobile.
Why I Can’t Add XRP to MetaMask
The core reason MetaMask does not support XRP is the underlying difference in technological infrastructure between Ethereum and XRP. MetaMask is designed for Ethereum and ERC-20 tokens, which function within the Ethereum Virtual Machine (EVM).
XRP, on the other hand, has its own proprietary ledger called the XRP Ledger and uses a unique consensus algorithm known as the Ripple Protocol Consensus Algorithm (RPCA). This tech divergence means XRP cannot interface with Ethereum-centric wallets like MetaMask.
While XRP integration poses certain challenges, MetaMask offers more seamless support for assets like Tron’s TRX, USD Coin (USDC) stablecoin, and Wrapped Ether (WETH).
Our guide on how to add Tron to MetaMask would cover integrating Tron’s native TRX asset and tokens from its ecosystem onto MetaMask by leveraging the Tron network RPC. The guide for adding USDC to MetaMask can explain how to use the Ethereum mainnet RPC to access USDC’s ERC-20 smart contract. We also have tutorials to add WETH to MetaMask to get exposure to ETH while still transacting via the convenient MetaMask interface.
These provide easy tutorials to add tokens from other major networks into your MetaMask wallet, showcasing the flexibility of MetaMask across multiple blockchain ecosystems.
Best MetaMask Alternative for XRP – XUMM Wallet
Method 1: Add Binance Pegged XRP Token
While native XRP is not supported, you can hold the Binance Pegged XRP (BXRP) token on MetaMask by leveraging the Binance Smart Chain (BSC).
Pegged tokens like BXRP are backed 1:1 by reserves of the native asset. Here are the step-by-step instructions:
- Get BXRP Token Contract Address
- Ensure BSC network is added on MetaMask
- Click “Import Tokens”
- Enter Token Contract Address
- Add Custom BXRP Token
- Confirm Token Import
This allows you to access the BXRP token via BSC on MetaMask. You can later convert BXRP to native XRP if needed, through Binance.
Method 2: Use an External Wallet That Supports XRP
If you prefer direct native XRP functionality, then purpose-built external wallets are the ideal solution. Top options include:
XUMM
The XUMM wallet is the best alternative for using XRP. This mobile wallet app provides a seamless and user-friendly experience for managing XRP and interacting with the XRP Ledger.
XUMM’s key features include:
- Trusted Reputation: XUMM is endorsed by leading XRP ecosystem entities like Ripple, Coil, Xpring etc. Its open-source code has been validated by the crypto community.
- Intuitive Interface: Simple and clean UI/UX similar to popular wallets like MetaMask. Easy to use even for beginners.
- Multi-Account Support: Ability to store, track and transact via multiple XRP accounts/addresses from a single XUMM wallet.
- Third Party Integrations: Supports various XRP ledger apps and DEX trading platforms.
- Top-notch Security: Passcode and biometrics authentication provides robust security. Keys are non-custodial i.e. stored on the user’s device.
With over 150,000+ active monthly users and backing from prominent venture capital firms, XUMM is the most trusted XRP wallet available.
Step-by-Step Guide to Setup XUMM Wallet
Follow this simple guide to install and configure the XUMM wallet for sending/receiving XRP and tokens:
- Visit XUMM.app website and click on “Download Wallet”
- Install the XUMM app on your iOS or Android device
- Complete the registration process securely
- Note down and securely store the 24-word recovery phrase
- Fund your XRP address within the XUMM wallet
- Use the intuitive interface to access DApps, trade tokens or make payments
Once set up, the XUMM wallet automatically synchronizes with the XRP Ledger, allowing quick and seamless access.
Other Options
Some other external wallets supporting XRP include:
- Atomic Wallet – Desktop and mobile wallet with robust XRP and multi-coin support
- Trust Wallet – Popular mobile wallet from Binance supporting XRP
- Coinbase Wallet – Web and mobile wallet by Coinbase, with native XRP
What is XRP? Overview of the Token and Network
Before diving into XUMM, it’s worth understanding what XRP is and its real-world utility:
- XRP is the native digital asset that powers the XRP Ledger, a next-gen blockchain tailored to facilitate fast and efficient cross-border transactions.
- The XRP Ledger can settle transactions in 3-5 seconds, alleviate liquidity issues and aims to be an enterprise-grade network for global payments.
- Development is driven by Ripple, one of the most innovative blockchain infrastructure companies with backing from top venture firms.
- Over 150+ financial institutions and payment providers across 40+ countries today leverage solutions built on the XRP Ledger technology.
- With speed, cost efficiency and scalability advantages over traditional financial networks, XRP is a leading option for frictionless global payments and remittance.
Key Metrics
- Current Price: $0.548792 USD
- 24 Hour Trading Volume: $1.49 billion USD
- Market Capitalization: $29.9 billion USD
- Market Cap Ranking: #6
- Circulating Supply: 54.5 billion XRP
- Transactions per Second: 1,500
- Transaction Fee: $0.0002
- Transaction Settlement Time: 3-5 seconds
XUMM is the Ideal XRP Wallet
In summary, MetaMask does not directly support XRP primarily due to the technical divergence between the Ethereum and XRP networks. Fortunately, the XUMM wallet provides a secure, intuitive, and reputable alternative for both retail and institutional investors to tap into the powerful XRP ecosystem. If you’re exploring faster and cheaper cross-border transactions, XRP merits consideration.
Frequently Asked Questions
Can I add XRP to MetaMask?
No, You cannot directly add XRP to MetaMask. MetaMask only supports Ethereum and ERC-20 tokens due to XRP’s distinct technical infrastructure.
What is the best XRP wallet I can use?
The XUMM wallet is the premier wallet purpose-built for the XRP Ledger. With an easy-to-use interface and top-notch security, it’s the go-to choice to securely store, send and receive XRP.
Is XUMM wallet safe for XRP?
Yes, XUMM is a highly secure and reputable XRP wallet endorsed by leading entities associated with XRP’s development including Ripple and Coil. Its open-source code has been validated by experts globally.