XRP to BNB-BSC Exchange | Convert XRP to Binance Coin (BSC) on SimpleSwap (2024)

FAQs

Can you swap XRP for BNB? ›

On SimpleSwap everyone can convert XRP to BNB-BSC in a few clicks without sign-up, as this instant crypto exchange makes the best for its customers. We have 500+ crypto and fiat currencies available.

Binance-Peg XRP Token (XRP BEP20) is a token issued by Binance on Smart Chain; its price is pegged to XRP (XRP) at a ratio of 1:1.

Liquidity Solution: XRP serves as a bridge currency, providing liquidity to financial institutions by facilitating the instant conversion of different fiat currencies. This feature eliminates the need for maintaining nostro and vostro accounts, resulting in cost savings for banks.

XRP can be purchased directly from Binance using a debit or credit card. XRP can also be traded for other cryptocurrencies on the Binance exchange. Live XRP price is updated in real-time on Binance.

What is the Difference Between BEP2, BEP20, and ERC-20 Tokens? BEP2 tokens are the native token standard of the Binance Chain (Now BNB Beacon Chain), while BEP20 tokens are the native token standard of the Binance Smart Chain (Now BNB Beacon Chain). ERC-20 tokens are the native token of the Ethereum blockchain.

XRP Token is a BEP-20 token on BNB Smart Chain blockchain. It trades under XRP ticker. XRP Token token supply is 277,000,000 XRPs. There are total 471 pairs trading against XRP.

XRP is the native crypto token of the Ripple network, and it consistently lists among the top 10 cryptocurrencies by market capitalization. In late 2020, the U.S. Securities and Exchange Commission charged Ripple with selling unregistered securities in the form of XRP on cryptocurrency exchanges.

However, the crypto market boom of early 2021 has helped XRP to rebound and regain its footing. Although the coin hasn't overtaken its previous highs yet, who knows what the future holds? We may very well see XRP go to the moon again in the future.

The short answer is that Ripple will never reach $10,000 or a price even close to this level. The reason for this is that the supply of XRP is simply too large for the coin to reach $10,000 in any realistic scenario.

RippleNet is a real-time gross settlement system, a currency exchange and remittance network, and the company behind the XRP ledger (XRPL), which facilitates payments through its XRP (XRP) cryptocurrency.

Can you trade on Binance in USA? ›

To access Binance in the US, you'll need a reliable VPN. The main reason you can't use Binance fully in the US is that it uses securities that aren't registered with the Commodity Futures Trading Commission. The US version of the site doesn't support as many crypto assets or allow margin or futures trading.

If you own XRP, you can deposit it today and sell your crypto. If you want to sell XRP for another cryptocurrency (like BTC or ETH), generate a deposit address in your Kraken account and send your XRP to that address. Depositing crypto to Kraken is as easy as transferring it to any crypto address.

Exchange XRP for another crypto

Swapping crypto allows you to easily exchange one crypto asset for another, either in full or small amounts. With no fiat currencies involved. It's a fast and easy way to diversify your portfolio and grow your assets.

XRP is the native token for the XRP ledger and the Ripple payment platform. The Ripple payment platform enables fast and cheap cross-border transactions. You can purchase XRP on several exchanges, such as Bitstamp, Kraken, Huobi Global, and Coinbase.

Swap ETH for BNB by CrowdSwap in fast way

However, if the ETH tokens you have in your Trust Wallet are Binance-pegged, you can easily swap them to BNB. To find out what network your tokens are on, just tap on your asset on Trust Wallet and check the top left corner of the screen.