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
Before investing, research CBXRP’s market trends and risks. Follow these steps to get started:
- Create an Account: Sign up on a reputable exchange like 👉 Bybit.
- Complete Verification: Pass KYC (Level 1) to enable trading.
- Deposit Funds: Use fiat or crypto transfers to fund your account.
- Place an Order: Choose between market orders (instant) or limit orders (set your price).
- Secure Storage: Withdraw CBXRP to a private wallet for long-term holdings.
Where to Buy Coinbase Wrapped XRP?
Purchase CBXRP on platforms like 👉 Bybit, which offers intuitive trading interfaces for beginners and advanced users.
Steps to Buy:
- Register and verify your account.
- Deposit USD, EUR, or other supported cryptocurrencies.
- Navigate to the trading pair (e.g., CBXRP/USDT).
- Execute your buy order.
Selling Coinbase Wrapped XRP
To sell CBXRP:
- Log in to your exchange account.
- Select CBXRP from your portfolio.
- Choose a market sell (instant) or limit sell (custom price).
- Confirm the transaction. Proceeds can be withdrawn or reinvested.
Investment Potential of CBXRP
Pros:
- Active Market: High liquidity with a $11.59M market cap.
- Historical Performance: Peaked at $2.38 (June 2025) and bottomed at $1.91 (June 2025).
Cons:
- Volatility: Price swings may not suit risk-averse investors.
- Supply Dynamics: Circulating supply of 5.20M CBXRP (max supply uncapped).
Tip: Diversify your portfolio and consult financial advisors before investing.
FAQs
1. Is CBXRP a good long-term investment?
It depends on your risk tolerance. Analyze its utility, team, and market trends before deciding.
2. Can I stake CBXRP for passive income?
Currently, CBXRP doesn’t support staking. Check official updates for future features.
3. What drives CBXRP’s price?
Demand, XRP’s performance, exchange listings, and broader crypto market sentiment.
4. How is CBXRP different from XRP?
CBXRP is a wrapped version of XRP traded on Coinbase, mirroring XRP’s value but with platform-specific liquidity.
👉 Ready to trade? Start with Bybit for seamless CBXRP transactions!
Note: Prices and rankings are dynamic. Verify real-time data before trading.