Last updated on November 13th, 2022
If you own some XRP, you may be looking to send it to your Metamask wallet. However, XRP has its native Ripple blockchain, which can’t actually be added to your Metamask wallet.
The only way that you can add XRP to your Metamask wallet is by the Binance-Peg XRP token, which is native to the Binance Smart Chain.
Here’s a guide on how you can do so:
Contents
Can you hold XRP on Metamask?
You are only able to hold XRP on Metamask via the Binance-Peg XRP token, and not the XRP token that is native to the Ripple blockchain. This is because Metamask does not support the Ripple network, but you are able to add the Binance Smart Chain to Metamask.
How to add Binance-Peg XRP to Metamask
Here are 4 steps to add XRP to Metamask:
- Go to Metamask and ensure that you are using the Binance Smart Chain
- Select ‘Import Tokens’, and then ‘Import Custom Token’
- Copy the Binance Smart Chain contract from CoinMarketCap
- Double check that XRP is detected and select ‘Add Custom Token’
Go to Metamask and ensure that you are using the Binance Smart Chain
The first thing you’ll need to do is to ensure that you are using the Binance Smart Chain on Metamask.
If you have not set up the Binance Smart Chain on your Metamask wallet, you can check out this step-by-step guide here.
Alternatively, you can view this video on how to add any new networks automatically with just one click:
Select ‘Import Tokens’, and then ‘Import Custom Token’
Once you’re on the Binance Smart Chain, the next step will be to select ‘Import Tokens‘.
On the Binance Smart Chain network, you are only able to import custom tokens.
This is different from adding tokens to the Ethereum Mainnet, where you can search for and automatically add tokens like MANA or SAND.
Copy the Binance Smart Chain contract from CoinMarketCap
For the next part, you can go to the XRP page on CoinMarketCap.
I prefer using CoinMarketCap to obtain the contract address, as it is one of the most reliable sites with regards to cryptocurrencies.
It is important that you ensure that the site where you’re obtaining the contract address from is a credible source!
There is a section called ‘Contracts‘, where you’ll see the BSC contract for XRP.
You can click on the contract and it will be copied to your clipboard.
Double check that XRP is detected and select ‘Add Custom Token’
Once you’ve copied the Contract Address, you can paste it in the ‘Token Contract Address‘ field in Metamask.
If you pasted the correct contract address, XRP should automatically appear as the Token Symbol.
After selecting ‘Add Custom Token‘, you will need to confirm importing XRP one more time.
Once you’ve successfully imported XRP to your Metamask wallet, you should see it as one of your assets under the Binance Smart Chain.
This will allow you to view any XRP that you’ve deposited via the BSC!
The BNB Smart Chain is an EVM-compatible network, and you can find out more about why this is so important here:
Conclusion
When you add XRP on Metamask, you are holding XRP that is on the Binance Smart Chain (BEP20). This allows you to send and receive XRP on the Binance Smart Chain, even though Ripple’s native network is different from the Binance Smart Chain.
This process is similar to how you would add DOT, ATOM, BTCB and ADA to your Metamask wallet too.
After adding and receiving your tokens to your Metamask wallet, you can consider using decentralised exchange (DEX) aggregators, including:
Since both platforms are DeFi aggregators, they will ensure that you will get the best rates for any swaps that you make!
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- Sign up for a ZenGo wallet using this link
- Enter the Referral Code ‘ZENX0B4G’ when you are entering your email
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Once this is done, you will receive $10 cashback in BTC.
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