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How to avoid loosing my 20 xrp?


XRPHdlr

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Hello eveyone, I have some xrp on Kraken, but I've read not to use exchanges as wallets. Does anyone have a better solution for me other than wasting 20 xrp to activate a new address?

I understand that this limit (20) will eventually change to compensate for the price fluctuation, but until it does, I feel kinda insecure. Should I just not panic and leave them where they are?

Thanks!

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You don't really loose the 20 XRP. They will remain yours. The limit will most likely be adjusted soon. If they adjust it to 5, for example, you have 15 to withdraw again and the remaining 5 will stay in your wallet to keep it active.

I would advice getting your Zerps away from the exchange. Put them in a safe nest where they have enough room to grow.

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16 hours ago, HodlOn said:

You don't really loose the 20 XRP. They will remain yours. The limit will most likely be adjusted soon. If they adjust it to 5, for example, you have 15 to withdraw again and the remaining 5 will stay in your wallet to keep it active.

I would advice getting your Zerps away from the exchange. Put them in a safe nest where they have enough room to grow.

When you say that the 20 xrp are mine, will I be able to transfer them, and at the same time deactivating the address, or will it stop transferring XRP when it hits the 20 limit? 

For example, let's say I have 100 xrp in my local wallet, and I choose to transfer all 100, will it let me, or it will just transfer the 80-79 (plus transfer fees)?

ps. Sorry for being such a pain, but I still haven't found a decent answer :wacko:

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On 1/7/2018 at 6:09 PM, XRPHdlr said:

When you say that the 20 xrp are mine, will I be able to transfer them, and at the same time deactivating the address, or will it stop transferring XRP when it hits the 20 limit? 

For example, let's say I have 100 xrp in my local wallet, and I choose to transfer all 100, will it let me, or it will just transfer the 80-79 (plus transfer fees)?

ps. Sorry for being such a pain, but I still haven't found a decent answer :wacko:

It will only let you transfer the 80-79 (plus transfer fees).

Every wallet needs 20XRP to stay active. 

https://ripple.com/build/reserves/

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21 hours ago, XRPHdlr said:

I lost it after the second sentence...:sad:

Too technical for newbs like me..

I'm hoping to just..happen on it's own

Haha I got through it but still dont really understand if the person who have to even know this ;) 

Seems a bit of a weird way!

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