XRP is the best digital asset for global payments. Such a slogan is posted on the official website of the Ripple company, which released the Ripple cryptocurrency (XRP).
Despite this, users often face problems when trying to cash out or send the crypto to other accounts. Today, we’re about to find out how to send Ripple to another address or other services. Let’s get started!
How to Send Ripple to Another Address: Everything You Need to Know
How to send money to ripple wallet? Well, sending ripple coins is like doing a transaction in your bank account. Log into your wallet. Ripple recipient address, as well as an amount of XRP, must then be entered there.
It’s necessary to note that when transferring XRP between different accounts a destination tag must be specified. The destination tag may or may not be required when sending XRP to external wallets. It depends on the policies of the exchange. However, you should be aware that most exchanges do require it. You can then send a transaction.
How to send Ripple to another address? You don’t have to do anything when receiving XRPs. Just make sure that you give a person your correct account number as well as a public key. Quite often you will see incoming Ripple transactions right after they have been sent — confirmation can take a few minutes. Only then can you send these coins, if you wish.
It’s necessary to note that it’s impossible to determine the exact time as it depends on the number of blockchain confirmations. Thus, it refers to your wallet address provider. Be aware that this process may take some time.
How to Send Ripple to Bitcoin Wallet: Key 3 Steps
Are you about to send XRP but don’t know how? How to send Ripple to Bitcoin wallet for example? It’s not that difficult, but this process can be quite confusing at first. Here are the key 3 steps to follow.
Step #1 Choose a Ripple Wallet
In order to be able to send ripples, you need a Ripple wallet. A wallet is a digital management system for your ripples.
Just find out more about different Ripple wallets or even download some wallets to try them. A Ripple wallet is the very first tool for sending and receiving ripples. You must be familiar with them.
Beginners are often advised to buy a Ripple hardware wallet. It offers several advantages — a hardware wallet is easy to set up, user-friendly, and very secure.
Online wallets also have a number of advantages. In this case, users can create an online wallet and then send and receive cryptocurrencies. Most online wallets also allow you to convert crypto-to-crypto, e.g. Bitcoin to Ripple.
The only but significant advantage of paper wallets is that all confidential information is not stored in any digital form, which nullifies all hacking attempts or cyber attacks.
How to send Ripple from a wallet of that kind? In order to send XRP from your paper wallet, you first need to transfer them to a mobile application. How to do this? Just scan the private key with your camera. Once you’ve imported your Ripple paper wallet, you can send your ripples.
Step #2 You Need a Receiving Address
So that you can now send ripples, you need a receiving address. Here are two ways. If you wonder how to send Ripple to your wallet, you have to copy out the receiving address. And if you wonder how to send Ripple to Bitcoin wallet, then they must give you their receiving address.
A receiving address for Bitcoin starts with a 1, 3, or bc1q and can look like this, for example, MGxNPPB7eBoWPUaprtX9v9CXJZoD2465zN
Under the menu item ‘Send’ you now have to enter a receiving address, as well as the amount of XRP. You can optionally add a description as well. Don’t forget about the destination tag as well!
Step #3 Track Your Payment
After you’ve sent ripples, you can track them thanks to the blockchain. To do this, just copy the receiving address and paste it into a block explorer. And you’re done!
Send Money to Ripple Wallet: In a Nutshell
How to send money to ripple wallet? Here is the same principle. In order to send XRPs to a ripple wallet, you need a receiving address as well. Just copy out your receiving address. A receiving address for Ripple always begins with an ‘r’ and is similar to a bank account number.
Once you’ve entered a receiving address, just type the amount of XRP as well as the destination tag. And you’re done!
What other tips & tricks when sending XRP do you know? Feel free to share your knowledge in the comments!