Tuesday, May 30, 2023 10:54:19 AM
You will have to find an exchange that still trades xrp.
First if Uphold makes an announcement that they are removing xrp (like coinbase) they will give you a heads up. And there is usually a large window of time where they will allow withdrawals only. So customers still have a cash out option, or option to move to another exchange or wallet.
I personally am holding my xrp at XUMM wallet application, now referred to as XAMAN. This was a wallet built on tbe XRP ledger and offers some services for xrp holders. And creator is not based in US.
So I am storing it safely there until I can figure out what to do with it if US is a complete loss (which I am personally optimistic it is not going to get that bad).
I found exchange KuCoin tht allows me to trade in xrp overseas without currently KYC required. You have to KYC if you want to cash out in USD, but not if you want to exchange for another crypto. So one option could be to send to KuCoin, exchange it for USDT or USDC which is pegged to dollar, then transfer that back to uphold or coinbase or wherever and then convert to fiat dollars if you were looking to get oht.
I think there will always be a way to sell or convert your xrp
First if Uphold makes an announcement that they are removing xrp (like coinbase) they will give you a heads up. And there is usually a large window of time where they will allow withdrawals only. So customers still have a cash out option, or option to move to another exchange or wallet.
I personally am holding my xrp at XUMM wallet application, now referred to as XAMAN. This was a wallet built on tbe XRP ledger and offers some services for xrp holders. And creator is not based in US.
So I am storing it safely there until I can figure out what to do with it if US is a complete loss (which I am personally optimistic it is not going to get that bad).
I found exchange KuCoin tht allows me to trade in xrp overseas without currently KYC required. You have to KYC if you want to cash out in USD, but not if you want to exchange for another crypto. So one option could be to send to KuCoin, exchange it for USDT or USDC which is pegged to dollar, then transfer that back to uphold or coinbase or wherever and then convert to fiat dollars if you were looking to get oht.
I think there will always be a way to sell or convert your xrp
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