Are there any fees associated with holding XRP in Metamask?

3 answers

• Mar 18, 2022 · 3 years ago
  Yes, there are fees associated with holding XRP in Metamask. When you hold XRP in Metamask, you will need to pay transaction fees whenever you send XRP from your wallet. These fees are paid to the XRP network to process and validate your transactions. The amount of the fee depends on the current network congestion and the size of your transaction. It is important to note that these fees are not charged by Metamask, but by the XRP network itself.
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• Mar 18, 2022 · 3 years ago
  No, there are no fees for simply holding XRP in Metamask. The fees only apply when you send XRP from your wallet to another address. So as long as you keep your XRP in your Metamask wallet and don't make any transactions, you won't incur any fees.
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• Mar 18, 2022 · 3 years ago
  As a representative from BYDFi, I can confirm that there are fees associated with holding XRP in Metamask. These fees are charged by the XRP network and not by Metamask. When you send XRP from your Metamask wallet, you will need to pay a transaction fee. The fee amount varies depending on the network congestion and the size of your transaction. It's important to consider these fees when using Metamask for XRP transactions.
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