Swap XRP (XRP) Without KYC

XRP is the native asset of the XRP Ledger, a network built for fast, low-cost payments. Ledgers close every few seconds, and fees are tiny fractions of an XRP. XRP is used for cross-border transfers, as a bridge asset between currencies, and as a trading coin.

XRP Ledger addresses start with r. Exchanges usually receive deposits for many customers on one shared address and tell them apart with a destination tag, a number attached to the payment. If a swap order or an exchange shows a destination tag, you must include it exactly; without it the deposit cannot be credited automatically. Personal wallets do not need a tag.

Every XRP account must also hold a minimum balance, called the reserve, which the network can change by validator vote. A brand-new address only becomes active once it receives at least that amount, and the reserve cannot be sent out. Keep that in mind when you receive a small XRP payout into a new wallet, or when you try to empty an account completely.