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XRP transfer


Tradekraft
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Hey there,

Can anyone tell me if when I withdraw my XRP from my exchange to my hardware wallet. Do I have to deposit them back on the same exchange, or is it possible to deposit them on another exchange? 

My concern being if something happens to the exchange itself.

Thanks

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1 hour ago, Tradekraft said:

Hey there,

Can anyone tell me if when I withdraw my XRP from my exchange to my hardware wallet. Do I have to deposit them back on the same exchange, or is it possible to deposit them on another exchange? 

My concern being if something happens to the exchange itself.

Thanks

Nah you can do anything you like with them... (subject to the laws of your country).

Once in a hardware wallet they actually reside in the Ripple distributed ledger all across the planet.  Whats in your hardware wallet is actually the secret key that lets you operate the wallet address that really resides on the distributed ledger.  If that was confusing.... the short answer was at the front...  :) 

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6 hours ago, Tinyaccount said:

Nah you can do anything you like with them... (subject to the laws of your country).

Once in a hardware wallet they actually reside in the Ripple distributed ledger all across the planet.  Whats in your hardware wallet is actually the secret key that lets you operate the wallet address that really resides on the distributed ledger.  If that was confusing.... the short answer was at the front...  :) 

Thanks @Tinyaccount I will sleep much better knowing this.

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