Cryptocurrency Q&A
What is minimum 10 XRP?
What is minimum 10 XRP?
lucas_clark_artist
Fri Dec 13 2024
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7 answers
1825
I'm trying to understand what is meant by 'minimum 10 XRP'. Is it a requirement for a transaction, a fee, or some sort of a limit? I need clarification on this.
7 answers
SumoHonorable
Sat Dec 14 2024
At current XRP prices, 10 XRP equates to approximately $25.60, while 1 XRP is $2.51.
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Alessandro
Sat Dec 14 2024
On Dec. 2, the XRP Ledger implemented a significant change in its base reserve requirements.
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Davide
Sat Dec 14 2024
This change is reflected in blockchain data, showcasing the updated reserve requirements.
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DigitalDragonfly
Sat Dec 14 2024
Prior to this update, new users were required to hold a minimum of 10 XRP in their wallets.
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TaegeukChampionship
Sat Dec 14 2024
With the reduced reserve, new network users can now fund their wallets with a smaller amount of cryptocurrency.
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