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HomeCrypto NewsMarketXumm Teases New Feature To Revolutionize Trading on XRP Ledger Wallet

Xumm Teases New Feature To Revolutionize Trading on XRP Ledger Wallet


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Xumm developers tease a new DEX product.

Xumm developers have let slip that they will release a new product for the XRP Ledger native wallet that promises to improve the trading experience on the app significantly.

Developers disclosed this in a tweet on Monday via the official Xumm Twitter handle. Notably, the feature is set to roll out on Thursday.

“A lot of work has gone into creating this, please stay tuned on Thursday,” said XRPL Labs and Xumm developer Koen Paas.

Unsurprisingly, the latest excitement has sparked significant excitement within the XRP community. As highlighted by one user, the self-custody wallet is slowly becoming a centralized exchange alternative.


Recall that developers have also rolled out several XRP on/off-ramps, ensuring users can fund their wallets directly without going through a centralized exchange.

While it is unclear what the new product will be, Kristin Dack, a prominent member of the XRP community, noted that in her experience, charts on the app were rife with glitches. Consequently, she is excited to see how developers can improve the experience.


It remains to be seen if the new product will upgrade the DEX Trade xApp or if developers plan to release an entirely new decentralized exchange. Recall that though he alluded to experiencing a glitch when he placed buy limit orders, Ripple Chief Technology Officer David Schwartz, in January, had left glowing reviews of the DEX Trade app. 

The latest teaser follows the release of Xumm 2.4.0 last month. At the time, developers also revealed that they were working on new tools for xApp developers that would be released this quarter. For the uninitiated, xApps refer to embedded web apps on the Xumm wallet that offer specific services to users.

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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.



Okoya David
Okoya David
Okoya David Kio is a crypto enthusiast passionate about understanding what makes the nascent market tick. When he's not pondering about cryptocurrencies, you might find him in a BP debate room trying to proffer solutions to age-old societal problems.

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