Author

Topic: Rippex 20 XRP reserve (Read 333 times)

newbie
Activity: 14
Merit: 0
September 15, 2017, 12:52:53 PM
#1
Hey guys and gals - I purchased some Ripple on Kraken and transferred 25 XRP to Rippex as a test. All was well but I was disappointed to find out that 20 XRP always have to be in Rippex as reserve.

My question: I'm getting a nano ledger S at the end of the month (finally, it's been on backorder since July!) so I'm planning to transfer all my crypto onto it. Is there any reason why i should transfer my remaining Ripple to Rippex until I get my nano? The Kraken to Rippex tx fee is immaterial so I'm not worried about that but I'm wondering if there is any reason I should keep it on Kraken until I get my nano. I know I know it's bad to keep crypto on exchanges but the 20 XRP minimum was a peculiar thing to me that I haven't experienced with other crypto so I'm wondering if there is anything else I should keep it mind about Ripple?

Thank you!
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