Ripple update: XRP Subreddit Rules, Helpful Links & Answers to Common Questions – READ BEFORE POSTING
You must read our [rules](https://www.reddit.com/r/XRP/wiki/rules) before participating in r/XRP
Helpful links and answers to common questions will be updated frequently so check back often
* Please report any post or comment that violates our rules.
* Beginner questions that have already been answered will be removed. Use search on the right side.
* Number of meme, reaction, and prediction posts will be kept to a minimum.
* Speculation posts are not allowed. Promoting false information or perpetuating rumors will result in a ban.
* Referral/affiliate links or websites containing them will be banned.
* Last but not least, if you have tips and advice for newcomers, please share them here.
**Ripple Subreddit Rules**
[Ripple Insights – Top 9 Frequently Asked Questions About Ripple and XRP (Jan 18, 2018)](https://ripple.com/insights/top-9-frequently-asked-questions-ripple-xrp/)
[Ripple’s Ultimate Strategy; why XRP will increase in value]( https://www.reddit.com/r/Ripple/comments/78ba8n/how_does_ripple_network_adoption_increase_xrp/doszxog/)
[Removing inefficiency of international payments with XRP]( https://www.reddit.com/r/Ripple/comments/6yruti/can_someone_elaborate_on_this/dmpuhsd/)
[Reasons to expect XRP to be the most popular bridge asset]( https://www.reddit.com/r/Ripple/comments/78mrig/chief_cryptographer_at_ripple_david_schwartz/dow3zsm/)
[“XRP is competitive now in the USD/MXN corridor”](https://www.reddit.com/r/Ripple/comments/7p5tlr/arent_you_worried_about_the_fact_that_the_owners/dshr3gs/)
[Ripple’s Decentralization Strategy Update](https://ripple.com/dev-blog/decentralization-strategy-update/)
[XRP Market Performance](https://ripple.com/xrp/market-performance/)
[List of Ripple Partnerships and RippleNet Implementations](http://rppl.info)
**People to Follow**
[Ripple on Twitter](https://twitter.com/Ripple/status/949131179797626880)
[Brad Garlinghouse, Chief Executive Officer at Ripple](https://twitter.com/bgarlinghouse/status/951457716660142081)
[Yoshitaka Kitao, executive chairman, CEO and president of SBI Holdings, Inc.](https://twitter.com/yoshitaka_kitao/status/940785785925709829)
[David Schwartz, Chief Cryptographer at Ripple](https://twitter.com/JoelKatz/status/900778008851525632) | [aka u/sjoelkatz](https://www.reddit.com/user/sjoelkatz/comments/)
[Stefan Thomas, Former CTO at Ripple, Co-creator of Interledger. Founder at Coil](https://twitter.com/justmoon/status/940661675585183744)
[Patrick Griffin, Senior Vice President of Business Development at Ripple](https://twitter.com/patgriffin9/status/938949933142441985)
[Miguel Vias, Head of XRP Markets at Ripple](https://twitter.com/miguelvias/status/949319337256673280)
[Warren Paul Anderson, Product Manager, xRapid/XRP at Ripple](https://twitter.com/warpaul/status/964222476589834240)
[Hodor’s XRP Blog](https://xrphodor.wordpress.com/)
[TplusZero – research & analysis on #XRP](https://twitter.com/TplusZero/status/915320166396907520)
**Most Discussed Topics and Answers**
[● The Case Against BankCoin – Banks need an independent digital asset to enable truly efficient settlement](https://www.linkedin.com/pulse/case-against-bankcoin-brad-garlinghouse/)
[● Ripple Technology → Fast Payments → XRP → Fast Settlement](https://www.reddit.com/r/Ripple/comments/6w4i9w/why_cant_banks_just_use_ripple_technology_and/dm5at3g/)
[● Solving the chicken and egg problem – FI’s bridging payments with XRP & companies saving money by holding XRP](https://www.reddit.com/r/Ripple/comments/6ng5km/for_people_asking_about_coin_vs_protocol/dk9qft6/)
[● Banks hold XRP under a contractual agreement | Build liquidity to bridge payments to raise the demand for XRP](https://www.reddit.com/r/Ripple/comments/6pawnd/explain_then/dkoit9r/)
[● How the global adoption of xRapid (XRP liquidity tool) would affect the value of XRP](https://www.quora.com/If-a-large-amount-of-banks-were-to-adopt-xrapid-and-started-using-xrp-how-would-that-impact-the-tokens-value/answer/David-Schwartz-9?srid=h7CzR)
[● Besides instant cross-border payment settlement, XRP can capture other use cases, value that doesn’t yet exist](https://www.reddit.com/r/Ripple/comments/73lzmc/the_informed_speculator_making_an_attempt_to/dnrwa65/)
[● XRP Ledger has numerous technological advantages over blockchain systems that use proof of work](https://www.reddit.com/r/Ripple/comments/6j3ov9/help_me_understand_please/djbbevm/)
[● Ripple is committed to making the XRP Ledger as decentralized as they possibly can](https://www.reddit.com/r/Ripple/comments/6p9emr/why_are_people_bad_mouthing_xrp/dkntswr/)
[● Quantum-resistant signature schemes – Adding a new scheme is easy and fast](https://www.reddit.com/r/Ripple/comments/6j4d54/is_xrp_using_postquantum_cryptography_signatures/djbems9/)
You need 20 XRP to activate an XRP wallet. Fees can be changed by the validators through the [voting ](https://ripple.com/build/fee-voting/) process.
The [reserve requirement](https://ripple.com/build/reserves/) protects the XRP Ledger from spam or malicious usage.
When you are sending XRP to an exchange, **destination tag is very important**.
Destination tag is not needed when you transfer XRP to your own wallet address.
[● Toast Wallet](https://toastwallet.com/) | [FAQ](https://toastwallet.com/faq)
A free open source Ripple XRP Wallet for iOS, Android, Windows, Mac and Linux
[● Ledger Nano S](https://www.ledgerwallet.com/products/ledger-nano-s) | [Tutorial](https://www.youtube.com/results?search_query=ledger+nano+s+xrp) | [FAQ](https://support.ledgerwallet.com/hc/en-us/sections/115001453109-Ledger-Nano-S) | [Buy Online](https://www.google.com/search?q=buy+ledger+nano+s) | [Ripple Recovery Tool](https://github.com/LedgerHQ/ripple-recovery-tool)
Cryptocurrency Hardware Wallet
When you get your Ledger wallet, you must reset it and get a new set of 24 words seed before using it.
[● The World Exchange](https://www.theworldexchange.net/) | [How to Create a Cold Wallet for Ripple](https://www.youtube.com/watch?v=QWZ-AEVvDVc&list=PLHAK7FXoElZOyM6MaQ_O_i6ATap2k9r-o&index=3)
A free user-friendly and purely client-side wallet
[● GateHub](https://www.gatehub.net/) | [Support](https://support.gatehub.net/hc/en-us/articles/115004442854-First-deposit-and-wallet-activation) | [Network Statistics](https://gatehub.net/stats)
GateHub XRP Web Wallet
Check XRP wallet balance – [Bithomp](https://bithomp.com/explorer/) | [Graph](https://xrpcharts.ripple.com/#/graph/) | [Transactions](https://xrpcharts.ripple.com/#/transactions)
Print raw information about an account, a transaction or a ledger – [RPC Tool](https://ripple.com/build/ripple-info-tool/)
The best way to support XRP is to buy/sell XRP directly with your local currency, not with USDT, ETH, LTC, or BTC.
Available XRP pairs – AUD, BRL, CAD, CNY, EUR, GBP, IDR, INR, JPY, KRW, MXN, PHP, RUB, THB, TRY, UAH, USD, ZAR.
You can find the complete list of XRP exchanges and supported XRP/fiat pairs [Here](https://coinmarketcap.com/currencies/ripple/#markets).
USD – US Dollar
[Kraken](https://ripple.com/xrp/how-to-buy-xrp-on-kraken/) | [Bitstamp](https://ripple.com/xrp/how-to-buy-xrp-on-bitstamp/) | [Bitfinex](https://www.bitfinex.com/) | [CEX.IO](https://cex.io/xrp-usd) | [Gatehub](https://gatehub.net/markets) |
[Exrates](https://exrates.me/dashboard?name=USD/XRP) | [Exmo](https://exmo.com/en/trade#?pair=XRP_USD) | [Mr. Exchange](https://digitalcoinprice.com/exchange/mr-exchange/xrp/usd) | [Bitsane](https://bitsane.com/exchange/xrp-usd) | [Sistemkoin](https://sistemkoin.com/) | [BitBay](https://bitbay.net/en/exchange-rate/xrp-price-usd) | [Quoine](https://quoinex.com/)
EUR – Euro
[Kraken](https://ripple.com/xrp/how-to-buy-xrp-on-kraken/) | [Bitstamp](https://ripple.com/xrp/how-to-buy-xrp-on-bitstamp/) | [Gatehub](https://gatehub.net/markets) | [CEX.IO](https://cex.io/xrp-eur) | [LiteBit.eu](https://www.litebit.eu/en/buy/ripple) | [Anycoin Direct](https://anycoindirect.eu/)
[The Rock Trading](https://www.therocktrading.com/en/offers/EURXRP) | [Bitsane](https://bitsane.com/exchange/xrp-eur) | [BitBay](https://bitbay.net/en/exchange-rate/xrp-price-eur) | [BitFlip](https://bitflip.li/trade/XRP-EUR) | [Bitlish](https://bitlish.com/trade/xrpeur) | [Quoine](https://quoinex.com/)
KRW – South Korean Won
[Bithumb](https://www.bithumb.com/trade/order/XRP) | [Upbit](https://upbit.com/exchange?code=CRIX.UPBIT.KRW-XRP) | [Coinone](https://coinone.co.kr/exchange/trade/xrp/) | [Korbit](https://www.korbit.co.kr/market/xrp_krw) | [GOPAX](https://www.gopax.co.kr/exchange/xrp-krw) | [Coinrail](https://coinrail.co.kr/stock/xrp-krw)
JPY – Japanese Yen
[Kraken](https://ripple.com/xrp/how-to-buy-xrp-on-kraken/) | [Bitbank](https://bitbank.cc/app/trade/xrp_jpy) | [Quoine](https://quoinex.com/) | [Mr. Exchange](https://mr.exchange/)
CNY – Chinese Yuan
[RippleFox](https://ripplefox.com/) | [Ripple China](http://www.iripplechina.com/) | [Fatbtc](https://www.fatbtc.com/)
TRY – Turkish Lira
[Vebitcoin](https://www.vebitcoin.com/) | [BTCTurk](https://www.trackico.io/exchanges/btcturk/xrp-try/) | [Koineks](https://koineks.com/) | [Sistemkoin](https://sistemkoin.com/) | [Ovis](https://www.ovis.com.tr/)
INR – Indian Rupee
[Zebpay](https://www.zebpay.com/buy-ripple/) | [Koinex](https://digitalcoinprice.com/exchange/koinex/xrp/inr) | [Unocoin](https://www.unocoin.com/exchange/xrp) | [Bitbns](https://bitbns.com/ripple-price-inr-india/) | [BuyBitcoin](https://bitbns.com/trade/#/xrp) | [BuyUcoin](https://www.buyucoin.com/trade?currency=xrp)
AUD – Australian Dollar
THB – Thai Baht
MXN – Mexican Peso
IDR – Indonesian Rupiah
[Indodax](https://indodax.com/) | [Quoine](https://quoinex.com/)
RUB – Russian Ruble
[Exmo](https://exmo.com/en/trade#?pair=XRP_RUB) | [BitFlip](https://digitalcoinprice.com/exchange/bitflip/xrp/rub)
ZAR – South African Rend
CAD – Canadian Dollar
UAH – Ukrainian Hryvnia
[Kuna](https://kuna.io/markets/xrpuah) | [BTC Trade UA](https://btc-trade.com.ua/) | [BitFlip](https://bitflip.li/trade/XRP-UAH)
GBP – British Pound
BRL – Brazilian Real
SGD – Singapore Dollar
AED – United Arab Emirates Dirham
PHP – Philippine peso
[CX | Exchange](https://exchange.coins.asia/trade/?selectedInstrument=8)
USDT – Tether
Poloniex | Bittrex | Huobi | OKEx | CoinBene | Upbit | HitBTC |
ZB.com | Gate.io | Sistemkoin
ETH – Ethereum
Binance | Bittrex | Gatehub | OKEx | OTCBTC | Upbit | HitBTC |
Bitsane | Mr. Exchange | CoinFalcon
LTC – Litecoin
Bitsane | Mr. Exchange
BTC – Bitcoin
Kraken | Bitstamp | Bitfinex | CEX.IO | Gatehub | Binance | Poloniex | Bittrex |
HitBTC | OKEx | Upbit | Huobi | BTCTurk | BTC Markets | CoinEgg | Exmo |
ZB.com | OTCBTC | Coinrail | Bits Blockchain | Triple Dice Exchange | Indodax |
Exrates | Qryptos | Gate.io | Bitsane | Bitso | Ovis | BCEX | BitBay |
Mr. Exchange | Orionx | CoinFalcon | Abucoins | BitFlip | LakeBTC | Coinbe
About Ripple (XRP)
Ripple connects banks, payment providers and digital asset exchanges via RippleNet to provide one frictionless experience to send money globally. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets. XRP is the fastest and most scalable digital asset today.
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