About XRP (XRP)
XRP is Ripple's cross-border payment token. XRP settles transactions in 3-5 seconds with fees under $0.01. After Ripple's partial legal victory against the SEC in 2023, XRP became a central narrative in U.S. crypto regulation.
XRP Trade Details
How to Calculate XRP Profit
Net P&L = (Sell Price − Buy Price) × Coins Held − Total Fees. ROI = (Net Profit ÷ Cost Basis) × 100. Fees are applied to both the buy and sell side, so your break-even price is always slightly above your entry price.
XRP Break-even Price
Break-even = Buy Price × (1 + fee%) ÷ (1 − fee%). For a 0.1% fee rate, a XRP trade purchased at $0.5 breaks even at a sell price of approximately $0.501001.
Tax Considerations
In the U.S., XRP profits are taxable. Held under 1 year = short-term capital gains (ordinary income rates up to 37%). Held over 1 year = long-term rates (0%, 15%, or 20%). Use our Crypto Tax Calculator for a full breakdown.