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RafOlP

How to Activate a Ripple Wallet

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HOW TO ACTIVATE A RIPPLE WALLET

Hello, this topic is meant to be a guide for those seeking for account activation. Updates, suggestions and feedback about activation providers are very welcome.

There are several ways to activate a ripple wallet

IDEAL INITIAL AMOUNT = 50 XRP

  • 20 XRP for base reserve
  • 10 XRP for 2 trustlines
  • 10 XRP for fisrt orders and fees
  • 10 XRP for test trading

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

 

DISCLAIMER

Do your homework before using a service and make an educated choice.

Edited by RafOlP

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9 hours ago, RafOlP said:
  • XRPChat
    • Ask for activation publishing your ripple address, then buy some more XRP and fund the next on the line.

 

Thanks for making this guide! The part above might confuse some people though, as asking for wallet activation here is closed.

 

 

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58 minutes ago, JackTheRippler said:

Thanks for making this guide! The part above might confuse some people though, as asking for wallet activation here is closed.

Oh, thanks, I will remove that.

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I have a wallet that i paid 20 xrp to activate. Now i want to move my XRP to another wallet, will i have to pay another 20 xrp to activate the new wallet? so know ive paid 40 xrp for two wallets? Is the correct? 

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32 minutes ago, cryptomediaxrp said:

I have a wallet that i paid 20 xrp to activate. Now i want to move my XRP to another wallet, will i have to pay another 20 xrp to activate the new wallet? so know ive paid 40 xrp for two wallets? Is the correct? 

Correct.

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On 22/01/2018 at 11:01 AM, cryptomediaxrp said:

I have a wallet that i paid 20 xrp to activate. Now i want to move my XRP to another wallet, will i have to pay another 20 xrp to activate the new wallet? so know ive paid 40 xrp for two wallets? Is the correct? 

Not exactly - you can access your xrp into your new wallet using the secret key. Unless you want two wallets, of course.

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On 1/26/2018 at 11:28 PM, RippleHerToShreds said:

Not exactly - you can access your xrp into your new wallet using the secret key. Unless you want two wallets, of course.

Hi, can you explain a little more please! 

Im not sure what you mean by "you can access your xrp into your new wallet using the secret key"

Could you explain in detail how i would move my xrp to a new desktop wallet from a exchange wallet that already has taken 20 xrp from my account ans without having to pay another 20 xrp to the desktop wallet. 

I have scouted the web for this answer and no one can give me a straight answer. I would have thought someone who works for ripple would have come along by now and explained this to everybody, many people whant to know the answer to this question!

 

 

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Your XRP don't actually move.
However, to do what you want you need to:

1. delete any trustlines you have at the exchange, as these lock 5 XRP each.
2. get your secret key from the exchange wallet (the one beginning with "s"). if you can't get this for any reason, then you are stuffed for the 20 XRP.
3. restore your wallet using whatever desktop client you wish to use (Toast or Ripple, presumably?) using said secret key.

It might help if you tell us what wallet you wish to use and what step you don't understand or are getting stuck on.

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Apologies for bumping an old thread with such a noob question.

Would someone mind explaining to me what the point of "activation" is? As far as i can discern, the only reason would be if someone doesn't trust keeping their XRP on an exchange (understandable).

I'm also assuming that, by never having activated a wallet, all of XRP transactions (exchange address to exchange address) from last year to now were never actually recorded on the ledger and thus never attributed to XRPs liquidity? 

I ask the latter question because i finally got curious enough to try out bithomp and view my data but i was prompted with a message saying that my exchange address has not been activated.

Again, sorry for the noob questions. 

 

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