XRPL XRP Subtokens

XRP Subtokens – Know how to use it in Klever Wallet

XRP Subtokens are the tokens built on top of XRP Ledger which you can access from your Klever Wallet.

One of the most popular tokens, Ripple (XRP) is the mainnet token of the XRP Ledger (XRP), which is one of the oldest crypto projects built-in 2013 primarily catering to high remittances commission problems plaguing the real-time gross settlement system.

XRP is a currency exchange and remittance network created by Ripple Labs Inc., a US-based technology company built using XRP Ledger, an open-source, permissionless, and decentralized blockchain technology that can settle transactions in 3-5 seconds. 

What is XRP Subtokens

XRP Subtokens are the crypto projects that are built on top of XRP Ledger (XRPL), which is a decentralized, public blockchain that is fast, energy-efficient, and reliable. 

By using XRPL, developers can develop projects with ease, it also provides low transaction costs, and with an experienced and knowledgeable community, it provides developers with a strong open-source foundation for executing on the most demanding projects without hurting the environment.

Developers use XRPL as it can be used both as a public and decentralized structure with high performance with low cost and a vibrant community. 

Currency, XRPL mainly focused on projects that work as decentralized exchanges, cross-currency payments, payment channels 

By using XRPL, in the near future, developers can build smart contracts, non-fungible tokens, and side-chain crypto projects.

How to access XRPL Subtokens

To access XRPL Subtokens, users will have to log in to the Klever Wallet App and click on the token filter tab. 

After the user clicks on the tab, it will take you to a page, where all coins listed on the Klever Wallet App are shown. 

After this, users need to click on XRP just below the search coin tab. A total of 14 XRPL tokens are listed on Klever App. The list of XRPL Subtokens can be increased at the request of the holders or project owners. 

Once the user clicks on it, all XRPL coins will be shown.

To enable more XRPL Subtokens, the user needs to enable it by sliding a tab next to the token that the user wants to view in the wallet. 

The XRPL Subtokens are based on use cases namely, Core, ELS, EQ, Hcats, LoverLand, RPR, Solo, VGB, XDX, XPunk, and XQK.

After users enable the XRPL Subtokens, they can now view it on your portfolio tab, users just need to scroll down the wallet.

To send and receive XRPL Subtokens, the user needs to enable a trustline. When the trustline is enabled in the Klever Wallet, the user will see XRPL Subtokens in Klever Wallet. 

Apart from this, Klever App is also working to add swap options of XRPL Subtokens with thousands of tokens available on the Klever Swap.

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Disclaimer: This article is for informational purposes only. The information does not constitute an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Klever.Finance does not provide financial, tax, legal, or accounting advice. There is no responsibility on the part of the company or the author for any loss or damage arising from or related to the use of or reliance on any content, goods or services mentioned in this article.

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