What Is the Current Price of Coinbase Wrapped XRP?
As of July 2025, Coinbase Wrapped XRP (CBXRP) is trading at $2.22**. Over the past 24 hours, its price fluctuated between **$2.21 and $2.32**, with a total market capitalization of **$11.59 million, ranking #1489 among cryptocurrencies.
Key Metrics:
- Current Price: $2.22 per CBXRP
- 24-Hour Trading Range: $2.21 – $2.32
- Market Cap: $11.59M
- Circulating Supply: 5.20M CBXRP
How to Invest in Coinbase Wrapped XRP
Step-by-Step Guide:
- Research: Analyze CBXRP’s historical performance (all-time high: $2.38; low: $1.91) and market trends.
- Account Setup: Register on a reputable exchange and complete identity verification.
- Fund Your Account: Deposit via fiat or cryptocurrency transfers.
- Place an Order: Use market orders (instant execution) or limit orders (custom pricing).
- Secure Storage: Transfer CBXRP to a hardware wallet for long-term holdings.
👉 Start trading CBXRP securely today
Where to Buy and Sell CBXRP
Recommended Platforms:
- Bybit: Offers intuitive trading interfaces for beginners and advanced users.
- Other Exchanges: Compare fees, liquidity, and security features before choosing.
Selling CBXRP:
- Navigate to your exchange’s trading dashboard.
- Select CBXRP from your portfolio.
- Choose between market/limit orders based on your strategy.
- Withdraw proceeds to your bank or reinvest in other assets.
Investment Potential of CBXRP
Pros and Considerations:
- Active Market: High liquidity with consistent trading volume.
- Volatility: Price swings (e.g., $1.91–$2.38 historically) may suit risk-tolerant investors.
- Scarcity: Limited circulating supply (5.20M) could influence future valuation.
Always consult financial advisors and diversify investments to mitigate risks.
FAQs
1. Is CBXRP a good long-term investment?
While CBXRP shows market activity, its long-term viability depends on adoption and broader crypto trends. Research and diversify your portfolio.
2. What’s the difference between XRP and CBXRP?
CBXRP is a wrapped version of XRP, enabling compatibility with other blockchains. It mirrors XRP’s value but operates within Coinbase’s ecosystem.
3. How do I store CBXRP safely?
Use hardware wallets like Ledger or trusted software wallets with two-factor authentication.
👉 Explore secure wallet options here
4. Can I stake CBXRP for rewards?
Currently, CBXRP doesn’t support staking. Check official updates for future features.
Final Thoughts
Coinbase Wrapped XRP offers a bridge between XRP and decentralized finance (DeFi) platforms. Monitor market trends, use dollar-cost averaging, and prioritize security when trading.
For real-time charts and advanced tools, visit:
👉 CBXRP trading dashboard